12 Month Price Forecast For KRNT
Distance to KRNT Price Forecasts
KRNT Price Momentum
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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
KRNT Price Target Range
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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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
Growth & Margins
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Kornit Digital Ltd (KRNT) Company Overview
About Kornit Digital Ltd
Provides digital printing solutions for textiles.
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.
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
Website
www.kornit.comKornit Digital Ltd (KRNT) Latest News & Analysis
Kornit Digital Ltd. (Nasdaq: KRNT) will release its Q4 and full-year 2024 financial results on February 12, 2025, before the market opens.
Kornit Digital's upcoming financial results announcement may influence stock performance, providing insights into their growth and profitability in the sustainable textiles market.
Investors should monitor Kornit Digital (KRNT) stock due to recent changes in the options market, indicating potential volatility or trading interest.
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.
Kornit Digital (KRNT) has reached a 52-week high. Investors are examining the company's fundamentals for potential future gains.
Kornit Digital's 52-week high signals strong market performance, prompting investors to assess fundamentals for potential future growth and sustainability of gains.
Kornit Digital (KRNT) is being evaluated as a potential top stock pick for momentum investors. Further analysis is needed to determine its suitability.
Kornit Digital's potential as a top pick for momentum investors indicates possible growth and price appreciation, influencing trading strategies and investment decisions.
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.
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.
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.
Kornit Digital's Q3 earnings call provides insights into financial performance and strategic direction, influencing stock valuation and investor sentiment around growth potential.
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.