Kinaxis Inc.

TSX:KXS Stock Report

Market Cap: CA$4.0b

Kinaxis Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Razat Gaurav

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenure2.8yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

Narrative Update Jun 06

KXS: AI Supply Chain Execution And Orchestration Will Drive Future Upside

Analyst price targets for Kinaxis have increased to CA$206.88 from CA$203.80, as analysts cite recent target raises from CIBC, RBC Capital, and BMO Capital, which more than offset reductions from Stifel and Rothschild & Co Redburn. Analyst Commentary Recent price target changes for Kinaxis give a mixed but useful snapshot of how the stock is being viewed on execution, growth potential, and valuation.
Narrative Update Apr 27

KXS: AI Supply Chain Advancements And Margin Gains Will Support Future Upside

Kinaxis' updated analyst price target has been cut by about CA$6 to reflect slightly softer growth assumptions and a lower future P/E, even as analysts factor in higher profit margin expectations. Analyst Commentary Recent Street research on Kinaxis points to a more cautious stance on valuation, with several price targets reset around CA$200 after previous levels closer to CA$225 to CA$229 and one cut of CA$40.
Narrative Update Apr 11

KXS: AI Supply Chain Acceleration And Agent Workflows Will Support Future Upside

Analysts have trimmed their price targets on Kinaxis to CA$200. This reflects updated assumptions around discount rates and long term P/E levels, while maintaining a constructive view on the stock.
Narrative Update Mar 28

KXS: AI Supply Chain Orchestration And GPU Acceleration Will Support Future Upside

Kinaxis' updated fair value estimate edges up to CA$209.65 from CA$205.52, even as Street price targets consolidate around CA$200. Analysts point to recent target trims at several firms while still backing the long term earnings profile reflected in slightly adjusted discount rate, profit margin and future P/E assumptions.
Narrative Update Mar 14

KXS: AI Supply Chain Platform And Leadership Shift Will Support Future Upside

Narrative Update on Kinaxis Kinaxis's updated fair value estimate has been trimmed to CA$205.52 from CA$213.65, reflecting analysts' recent price target cuts toward CA$200, along with adjustments to revenue growth, profit margin expectations, and assumed future P/E levels. Analyst Commentary Recent Street research on Kinaxis has centered on lowered price targets clustered around CA$200, while maintaining generally positive ratings on the shares.
Narrative Update Feb 27

KXS: AI Supply Chain Platform And New CEO Will Support Future Upside

Kinaxis' updated analyst price target has been trimmed by CA$40, as analysts factor in more tempered revenue growth assumptions along with steadier profit margin and P/E expectations reflected in recent research. Analyst Commentary Analysts lowering their price target by CA$40 are largely reacting to updated assumptions around how fast Kinaxis can grow revenue, while keeping profit margin and P/E expectations relatively steady.
New Narrative Feb 20

AI Supply Chain Adoption Risks Will Persist Yet Eventually Support A Healthier Business Mix

Catalysts About Kinaxis Kinaxis provides cloud-based supply chain planning and orchestration software for large enterprises globally. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 13

KXS: AI Agent Platform And New CEO Will Support Future Upside

Analysts have trimmed their fair value and price target assumptions for Kinaxis, with one firm lowering its target by CA$40. This reflects slightly higher discount rates and modestly adjusted expectations for growth and valuation multiples.
New Narrative Feb 06

AI Supply Chain Adoption Will Drive Long Runway For This Cloud Planning Leader

Catalysts About Kinaxis Kinaxis provides cloud based supply chain planning and orchestration software to large enterprises worldwide. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 04

Kinaxis Inc.'s (TSE:KXS) Stock Retreats 28% But Earnings Haven't Escaped The Attention Of Investors

The Kinaxis Inc. ( TSE:KXS ) share price has fared very poorly over the last month, falling by a substantial 28...
Analysis Article Feb 03

When Should You Buy Kinaxis Inc. (TSE:KXS)?

Kinaxis Inc. ( TSE:KXS ), might not be a large cap stock, but it saw significant share price movement during recent...
Narrative Update Jan 30

KXS: Share Buybacks And New CEO Will Support Future Upside

Analysts have trimmed their fair value estimate for Kinaxis from about $227.33 to $219.45 as they factor in updated assumptions around discount rates, revenue growth, profit margins, and a lower projected future P/E multiple. What's in the News Kinaxis appointed Razat Gaurav as Chief Executive Officer effective January 12, 2026.
Analysis Article Jan 05

Kinaxis Inc.'s (TSE:KXS) Intrinsic Value Is Potentially 90% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Kinaxis fair value estimate is CA$327 Kinaxis' CA$172 share...
Analysis Article Nov 07

Kinaxis Inc. Just Beat EPS By 23%: Here's What Analysts Think Will Happen Next

It's been a good week for Kinaxis Inc. ( TSE:KXS ) shareholders, because the company has just released its latest...
Narrative Update Sep 04

AI And Cloud Solutions Will Revolutionize Global Supply Chains

Despite steady consensus revenue growth forecasts, Kinaxis’s Future P/E multiple has increased sharply, indicating a higher valuation multiple for unchanged growth expectations, while the analyst price target remained flat at CA$227.33. What's in the News PL Developments selected Kinaxis Maestro to replace manual processes, accelerating healthcare product delivery to major U.S. retailers and enhancing agility, accuracy, and supply chain visibility.
Analysis Article Aug 09

Kinaxis Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

TSX:KXS 1 Year Share Price vs Fair Value Explore Kinaxis's Fair Values from the Community and select yours Kinaxis Inc...
Analysis Article Jun 25

Risks To Shareholder Returns Are Elevated At These Prices For Kinaxis Inc. (TSE:KXS)

When close to half the companies in the Software industry in Canada have price-to-sales ratios (or "P/S") below 3.2x...
Analysis Article May 14

Kinaxis' (TSE:KXS) Conservative Accounting Might Explain Soft Earnings

The market was pleased with the recent earnings report from Kinaxis Inc. ( TSE:KXS ), despite the profit numbers being...
Analysis Article Apr 15

Is It Time To Consider Buying Kinaxis Inc. (TSE:KXS)?

Kinaxis Inc. ( TSE:KXS ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article Mar 01

Earnings Update: Kinaxis Inc. (TSE:KXS) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Kinaxis Inc. ( TSE:KXS ) came out with its annual results last week, and we wanted to see how the business is...
Analysis Article Feb 19

Kinaxis Inc. (TSE:KXS) Investors Are Less Pessimistic Than Expected

With a price-to-sales (or "P/S") ratio of 6.8x Kinaxis Inc. ( TSE:KXS ) may be sending very bearish signals at the...
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New Narrative Jan 16

Maestro Gen AI And Accenture Collaboration Will Drive Future Success

Strategic partnerships and AI innovation focus are expected to drive future revenue growth and enhance margins.
Analysis Article Dec 24

Kinaxis (TSE:KXS) Is Reinvesting At Lower Rates Of Return

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article Aug 02

Kinaxis Inc. Just Beat EPS By 23%: Here's What Analysts Think Will Happen Next

Kinaxis Inc. ( TSE:KXS ) shareholders are probably feeling a little disappointed, since its shares fell 8.8% to CA$155...

CEO

Razat Gaurav (52 yo)

less than a year
Tenure

Mr. Razat Gaurav is Chief Executive Officer & Director of Kinaxis Inc. from January 12, 2026. He serves as Director at Planview Inc. since May 10, 2021 and was its Chief Executive Officer since May 10, 202...


Leadership Team

NamePositionTenureCompensationOwnership
Megan Paterson
Chief Operating Officer2.8yrsUS$3.01m0.0012%
CA$ 46.7k
David Kelly
Executive Vice President of Global Professional Services10.4yrsUS$2.56m0.0013%
CA$ 52.3k
Mark Morgan
President of Global Commercial Operations1.7yrsUS$4.08m0.049%
CA$ 1.9m
Razat Gaurav
CEO & Directorless than a yearno datano data
Rick Wadsworth
Vice President of Investor Relationsno datano datano data
James Hollingworth
Chief Legal Officer & Corporate Secretaryno datano data0.018%
CA$ 698.9k
Martin Dubois
Senior Director of Securityno datano datano data
Kristin Russel
Chief Marketing Officerno datano datano data
Michael Mauger
Chief Customer Success Officer7.3yrsUS$1.95mno data
Andrew Bell
Chief Product Officer2.8yrsno data0.0053%
CA$ 213.0k
2.8yrs
Average Tenure

Experienced Management: KXS's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Razat Gaurav
CEO & Directorless than a yearno datano data
Andrew Gort
Member of Strategic Advisory Councilno datano datano data
Angel Mendez
Lead Independent Director10.4yrsUS$250.00k0.0051%
CA$ 205.0k
Robert Courteau
Non-Executive Board Chair9.5yrsUS$6.52m0.12%
CA$ 4.8m
Pamela Passman
Independent Director7.8yrsUS$255.21k0.022%
CA$ 890.4k
Jose Duarte
Independent Director2yrsUS$237.84k0.0037%
CA$ 146.4k
B. Loewen
Independent Director1.4yrsUS$517.82kno data
Gillian Denham
Independent Director9.8yrsUS$230.11k0.017%
CA$ 688.1k
Kelly Thomas
Independent Director7.8yrsUS$253.17k0.020%
CA$ 810.2k
7.8yrs
Average Tenure
64yo
Average Age

Experienced Board: KXS's board of directors are considered experienced (7.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/19 19:01
End of Day Share Price 2026/06/19 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kinaxis Inc. is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martin TonerATB Cormark
Robert PetersATB Cormark Historical (Cormark Securities)
Thanos MoschopoulosBMO Capital Markets Equity Research