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Kornit Digital Ltd (KRNT) Stock Forecast & Price Prediction

Live KRNT Stock Price & Analysis

Home Stocks Israel | NASDAQ | Industrials | Specialty Industrial Machinery

$28.97

-0.42 (-1.43%)

12 Month Price Forecast For KRNT

$28.97
Current Price
$1.39B
Market Cap
7 Ratings
Buy 6
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to KRNT Price Forecasts

+34.6%
To High Target of $39.00
+10.5%
To Median Target of $32.00
-13.7%
To Low Target of $25.00

KRNT Price Momentum

-0.2%
1 Week Change
-3.7%
1 Month Change
+64.1%
1 Year Change
-6.4%
Year-to-Date Change
-15.5%
From 52W High of $34.29
+113.2%
From 52W Low of $13.59

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 8, 2025 3:55 AM UTC

KRNT Analyst Ratings & Price Targets

Based on our analysis of 10 Wall Street analysts, KRNT has a consensus that is bullish. The median price target is $32.00, with forecasts ranging from $25.00 to $39.00. Currently, there are 6 Buy ratings, 1 Hold ratings, and 0 Sell ratings.

With KRNT currently trading at $28.97, the median price forecast suggests a 10.5% upside. The most optimistic forecast comes from Troy Jensen at Cantor Fitzgerald, projecting a 34.6% upside, while Patrick Ho at Stifel provides the most conservative target, suggesting a -13.7% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

KRNT Analyst Consensus

6
Buy
1
Hold
0
Sell

KRNT Price Target Range

Low
$25.00
Average
$32.00
High
$39.00
Current: $28.97

Latest KRNT Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for KRNT.

Date Firm Analyst Rating Change Price Target
Dec 16, 2024 Morgan Stanley Erik Woodring Overweight Maintains $38.00
Nov 26, 2024 Cantor Fitzgerald Troy Jensen Overweight Initiates $39.00
Nov 7, 2024 Craig-Hallum Greg Palm Buy Maintains $33.00
Nov 7, 2024 Needham James Ricchiuti Buy Maintains $31.00
Oct 1, 2024 Barclays Tavy Rosner Equal-Weight Maintains $26.00
Sep 13, 2024 Morgan Stanley Erik Woodring Overweight Maintains $26.00
Sep 12, 2024 Needham James Ricchiuti Buy Reiterates $27.00
Sep 11, 2024 Craig-Hallum Greg Palm Buy Maintains $27.00
Aug 8, 2024 Needham James Ricchiuti Buy Reiterates $27.00
May 9, 2024 Needham James Ricchiuti Buy Reiterates $27.00
Nov 9, 2023 Craig-Hallum Greg Palm Buy Upgrade $23.00
Nov 9, 2023 Morgan Stanley Erik Woodring Overweight Maintains $24.00
Nov 9, 2023 Needham James Ricchiuti Buy Maintains $27.00
Aug 10, 2023 Needham James Ricchiuti Buy Maintains $31.00
Aug 10, 2023 Morgan Stanley Erik Woodring Overweight Upgrade $29.00
Jun 22, 2023 Morgan Stanley Erik Woodring Equal-Weight Reiterates $29.00
Jun 9, 2023 Needham Buy Reiterates $0.00
May 11, 2023 Morgan Stanley Erik Woodring Equal-Weight Maintains $26.00
Feb 17, 2023 Citigroup Jim Suva Buy Maintains $30.00
Feb 16, 2023 Needham James Ricchiuti Buy Maintains $33.00

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The following stocks are similar to Kornit based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Kornit Digital Ltd (KRNT) Financial Data

Kornit Digital Ltd has a market capitalization of $1.39B with a P/E ratio of -22.1x. The company generates $199.71M in trailing twelve-month revenue with a -21.0% profit margin.

Revenue growth is -14.3% quarter-over-quarter, while maintaining an operating margin of -14.0% and return on equity of -5.2%.

Valuation Metrics

Market Cap $1.39B
Enterprise Value $916.71M
P/E Ratio -22.1x
PEG Ratio 68.0x
Price/Sales 7.0x

Growth & Margins

Revenue Growth (YoY) -14.3%
Gross Margin +47.7%
Operating Margin -14.0%
Net Margin -21.0%
EPS Growth -14.3%

Financial Health

Cash/Price Ratio +36.3%
Current Ratio 16.5x
Debt/Equity 2.4x
ROE -5.2%
ROA -3.1%

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Kornit Digital Ltd logo

Kornit Digital Ltd (KRNT) Company Overview

About Kornit Digital Ltd

What They Do

Provides digital printing solutions for textiles.

Business Model

The company generates revenue by offering a range of digital printing solutions, including systems, inks, software, and value-added services tailored for the fashion, apparel, and home decor industries. Their products cater to various market segments, from small industrial operators to large mass producers, ensuring a diverse customer base and multiple revenue streams.

Additional Information

Founded in 2002 and headquartered in Rosh Haayin, Israel, Kornit Digital operates globally across various regions including the US, Europe, and Asia Pacific. The company focuses on innovation in digital textile printing and provides essential support services, enhancing customer satisfaction and loyalty.

Company Information

Sector

Industrials

Industry

Specialty Industrial Machinery

Employees

873

CEO

Mr. Ronen Samuel

Country

Israel

IPO Year

2015

Kornit Digital Ltd (KRNT) Latest News & Analysis

KRNT stock latest news image
Quick Summary

Kornit Digital Ltd. (Nasdaq: KRNT) will release its Q4 and full-year 2024 financial results on February 12, 2025, before the market opens.

Why It Matters

Kornit Digital's upcoming financial results announcement may influence stock performance, providing insights into their growth and profitability in the sustainable textiles market.

Source: GlobeNewsWire
Market Sentiment: Neutral
KRNT stock latest news image
Quick Summary

Investors should monitor Kornit Digital (KRNT) stock due to recent changes in the options market, indicating potential volatility or trading interest.

Why It Matters

Movements in the options market for Kornit Digital (KRNT) suggest heightened investor interest or volatility, which can indicate potential price changes or trends in the stock.

Source: Zacks Investment Research
Market Sentiment: Neutral
KRNT stock latest news image
Quick Summary

Kornit Digital (KRNT) has reached a 52-week high. Investors are examining the company's fundamentals for potential future gains.

Why It Matters

Kornit Digital's 52-week high signals strong market performance, prompting investors to assess fundamentals for potential future growth and sustainability of gains.

Source: Zacks Investment Research
Market Sentiment: Positive
KRNT stock latest news image
Quick Summary

Kornit Digital (KRNT) is being evaluated as a potential top stock pick for momentum investors. Further analysis is needed to determine its suitability.

Why It Matters

Kornit Digital's potential as a top pick for momentum investors indicates possible growth and price appreciation, influencing trading strategies and investment decisions.

Source: Zacks Investment Research
Market Sentiment: Positive
KRNT stock latest news image
Quick Summary

Kornit Digital reported strong Q3/2024 results, surpassing profit expectations. Restructuring efforts improved margins and cash flow, indicating potential growth next year amidst ongoing demand.

Why It Matters

Kornit's strong Q3 results and improved margins signal a recovery, enhancing investor confidence. The demand for new offerings suggests potential growth, impacting stock performance positively.

Source: Seeking Alpha
Market Sentiment: Positive
KRNT stock latest news image
Quick Summary

Kornit Digital Ltd. (NASDAQ: KRNT) will hold its Q3 2024 Earnings Conference Call on November 6, 2024, at 8:30 AM ET, featuring key executives and investment analysts.

Why It Matters

Kornit Digital's Q3 earnings call provides insights into financial performance and strategic direction, influencing stock valuation and investor sentiment around growth potential.

Source: Seeking Alpha
Market Sentiment: Neutral

Frequently Asked Questions About KRNT Stock

What is Kornit Digital Ltd's (KRNT) stock forecast for 2025?

Based on our analysis of 10 Wall Street analysts, Kornit Digital Ltd (KRNT) has a median price target of $32.00. The highest price target is $39.00 and the lowest is $25.00.

Is KRNT stock a good investment in 2025?

According to current analyst ratings, KRNT has 6 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $28.97. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for KRNT stock?

Wall Street analysts predict KRNT stock could reach $32.00 in the next 12 months. This represents a 10.5% increase from the current price of $28.97. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Kornit Digital Ltd's business model?

The company generates revenue by offering a range of digital printing solutions, including systems, inks, software, and value-added services tailored for the fashion, apparel, and home decor industries. Their products cater to various market segments, from small industrial operators to large mass producers, ensuring a diverse customer base and multiple revenue streams.

What is the highest forecasted price for KRNT Kornit Digital Ltd?

The highest price target for KRNT is $39.00 from Troy Jensen at Cantor Fitzgerald, which represents a 34.6% increase from the current price of $28.97.

What is the lowest forecasted price for KRNT Kornit Digital Ltd?

The lowest price target for KRNT is $25.00 from Patrick Ho at Stifel, which represents a -13.7% decrease from the current price of $28.97.

What is the overall KRNT consensus from analysts for Kornit Digital Ltd?

The overall analyst consensus for KRNT is bullish. Out of 10 Wall Street analysts, 6 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $32.00.

How accurate are KRNT stock price projections?

Stock price projections, including those for Kornit Digital Ltd, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.