Cantor Fitzgerald Predicts Kornit Digital FY2026 Earnings

Kornit Digital Ltd. (NASDAQ:KRNT - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for Kornit Digital in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst T. Jensen forecasts that the industrial products company will earn ($0.31) per share for the year. Cantor Fitzgerald has a "Strong-Buy" rating on the stock. The consensus estimate for Kornit Digital's current full-year earnings is ($0.20) per share.

KRNT has been the subject of a number of other reports. Morgan Stanley reiterated an "overweight" rating on shares of Kornit Digital in a research note on Thursday, May 15th. Needham & Company LLC reiterated a "buy" rating and issued a $30.00 price target on shares of Kornit Digital in a research note on Thursday, June 5th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Kornit Digital currently has an average rating of "Moderate Buy" and a consensus target price of $33.20.

Kornit Digital Trading Down 4.1%

NASDAQ KRNT traded down $0.84 on Wednesday, hitting $19.54. 413,623 shares of the company's stock were exchanged, compared to its average volume of 304,156. Kornit Digital has a 52 week low of $13.59 and a 52 week high of $34.29. The stock has a market cap of $929.17 million, a price-to-earnings ratio of -55.83 and a beta of 1.93. The stock has a 50-day moving average of $20.27 and a 200-day moving average of $24.78.

Institutional Trading of Kornit Digital

A number of institutional investors and hedge funds have recently bought and sold shares of KRNT. Legato Capital Management LLC increased its holdings in Kornit Digital by 307.7% in the fourth quarter. Legato Capital Management LLC now owns 156,358 shares of the industrial products company's stock valued at $4,839,000 after purchasing an additional 118,010 shares during the period. Principal Financial Group Inc. increased its holdings in Kornit Digital by 64.7% in the fourth quarter. Principal Financial Group Inc. now owns 59,584 shares of the industrial products company's stock valued at $1,844,000 after purchasing an additional 23,416 shares during the period. Handelsbanken Fonder AB increased its holdings in Kornit Digital by 6.0% in the fourth quarter. Handelsbanken Fonder AB now owns 17,657 shares of the industrial products company's stock valued at $546,000 after purchasing an additional 1,000 shares during the period. Oppenheimer Asset Management Inc. increased its holdings in Kornit Digital by 33.1% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 51,307 shares of the industrial products company's stock valued at $1,588,000 after purchasing an additional 12,770 shares during the period. Finally, Parkside Financial Bank & Trust increased its holdings in Kornit Digital by 35.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 3,773 shares of the industrial products company's stock valued at $117,000 after purchasing an additional 988 shares during the period. 92.76% of the stock is currently owned by institutional investors and hedge funds.

Kornit Digital Company Profile

Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services.