Kornit Digital (KRNT) to Release Quarterly Earnings on Wednesday

Key Points

• Kornit Digital (KRNT) is set to announce its Q2 2025 earnings on August 6, with analysts estimating earnings of $0.02 per share and revenue of $52.07 million.
• The stock currently has a market capitalization of approximately $987.14 million and a consensus rating of "Moderate Buy" with a target price of $33.20 from analysts.
• Institutional ownership is significant, with 92.76% of shares held by institutional investors, including a notable 277.4% increase in holdings by Jane Street Group LLC.

Kornit Digital (NASDAQ:KRNT - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Wednesday, August 6th. Analysts expect Kornit Digital to post earnings of $0.02 per share and revenue of $52.07 million for the quarter.

Kornit Digital Stock Performance

Shares of KRNT traded down $1.37 during midday trading on Friday, hitting $18.65. 250,032 shares of the stock traded hands, compared to its average volume of 285,934. Kornit Digital has a 1-year low of $13.59 and a 1-year high of $34.28. The firm has a market capitalization of $886.81 million, a PE ratio of -103.61 and a beta of 1.88. The business's 50 day moving average price is $20.78 and its two-hundred day moving average price is $22.18.

Analysts Set New Price Targets

Several brokerages have recently issued reports on KRNT. Morgan Stanley reissued an "overweight" rating on shares of Kornit Digital in a report on Thursday, May 15th. Needham & Company LLC reissued a "buy" rating and set a $30.00 price target on shares of Kornit Digital in a report on Thursday, June 5th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $33.20.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Kornit Digital stock. Jane Street Group LLC increased its position in shares of Kornit Digital Ltd. (NASDAQ:KRNT - Free Report) by 277.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,979 shares of the industrial products company's stock after acquiring an additional 24,241 shares during the period. Jane Street Group LLC owned approximately 0.07% of Kornit Digital worth $629,000 at the end of the most recent quarter. 92.76% of the stock is owned by institutional investors and hedge funds.

About Kornit Digital

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.