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S&P 500   4,273.53
DOW   33,618.88
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Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
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AI Race Accelerates with Amazon's Investment In Anthropic
This Little Known Automaker May Save Your Life and Your Portfolio
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
This Little Known Automaker May Save Your Life and Your Portfolio
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
This Little Known Automaker May Save Your Life and Your Portfolio

Kornit Digital (KRNT) Stock Forecast, Price & News

$18.64
-0.50 (-2.61%)
(As of 09/26/2023 ET)
Compare
Today's Range
$18.56
$19.21
50-Day Range
$18.64
$31.69
52-Week Range
$16.19
$31.94
Volume
273,316 shs
Average Volume
221,496 shs
Market Capitalization
$934.24 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$28.60

Kornit Digital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
53.4% Upside
$28.60 Price Target
Short Interest
Healthy
1.35% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.57mentions of Kornit Digital in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.93 out of 5 stars

Industrial Products Sector

136th out of 179 stocks

Printing Trades Machinery Industry

1st out of 1 stocks


KRNT stock logo

About Kornit Digital (NASDAQ:KRNT) Stock

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. The company's solutions include digital printing systems, ink and other consumables, associated software, and value-added services. Its products and services include direct-to-garment printing platform for smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and maintenance and support, consulting, and professional services. The company serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh HaAyin, Israel.

KRNT Price History

KRNT Stock News Headlines

Kornit Digital Ltd. (NASDAQ:KRNT) Short Interest Update
Kornit Digital: Lacking Demand And Margins
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Barclays Issues a Hold Rating on Kornit Digital (KRNT)
Positive Report for Kornit Digital (KRNT) from Morgan Stanley
Kornit Digital Reports Second Quarter 2023 Results
Kornit Digital (NASDAQ: KRNT)
Needham Remains a Buy on Kornit Digital (KRNT)
See More Headlines
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KRNT Company Calendar

Last Earnings
8/09/2023
Today
9/27/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Printing trades machinery
Sub-Industry
N/A
Current Symbol
NASDAQ:KRNT
Employees
934
Year Founded
2002

Price Target and Rating

Average Stock Price Forecast
$28.60
High Stock Price Forecast
$31.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+53.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-79,070,000.00
Pretax Margin
-27.11%

Debt

Sales & Book Value

Annual Sales
$271.52 million
Book Value
$17.39 per share

Miscellaneous

Free Float
50,011,000
Market Cap
$934.24 million
Optionable
Optionable
Beta
1.76

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Key Executives

  • Mr. Ronen SamuelMr. Ronen Samuel (Age 54)
    CEO & Director
    Comp: $570k
  • Mr. Kobi Mann (Age 44)
    Chief Technology Officer
    Comp: $310k
  • Mr. Amir Shaked-Mandel
    Exec. VP of Corp. Devel.
  • Mr. Chris Govier
    Pres of Kornit EMEA
  • Chuck Meyo
    Pres of Kornit Digital North America Inc
  • Mr. Ofer Ben-Zur (Age 58)
    Co-Founder & Director
  • Mr. Ilan Givon
    Exec. VP of Operations
  • Mr. Jared James Maymon
    Global Head of Investor Relations
  • Mr. Omer Kulka (Age 46)
    Chief Marketing Officer
  • Ms. Ayelet Oryan Godard
    Chief HR Officer













KRNT Stock - Frequently Asked Questions

Should I buy or sell Kornit Digital stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KRNT shares.
View KRNT analyst ratings
or view top-rated stocks.

What is Kornit Digital's stock price forecast for 2023?

4 analysts have issued 12 month price objectives for Kornit Digital's shares. Their KRNT share price forecasts range from $25.00 to $31.00. On average, they predict the company's stock price to reach $28.60 in the next year. This suggests a possible upside of 53.4% from the stock's current price.
View analysts price targets for KRNT
or view top-rated stocks among Wall Street analysts.

How have KRNT shares performed in 2023?

Kornit Digital's stock was trading at $22.97 on January 1st, 2023. Since then, KRNT shares have decreased by 18.9% and is now trading at $18.64.
View the best growth stocks for 2023 here
.

When is Kornit Digital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our KRNT earnings forecast
.

How were Kornit Digital's earnings last quarter?

Kornit Digital Ltd. (NASDAQ:KRNT) announced its earnings results on Wednesday, August, 9th. The industrial products company reported ($0.28) EPS for the quarter, beating analysts' consensus estimates of ($0.33) by $0.05. The industrial products company had revenue of $56.20 million for the quarter, compared to analyst estimates of $56.88 million. Kornit Digital had a negative trailing twelve-month return on equity of 7.02% and a negative net margin of 37.45%.

What ETFs hold Kornit Digital's stock?

ETFs with the largest weight of Kornit Digital (NASDAQ:KRNT) stock in their portfolio include BlueStar Israel Technology ETF (ITEQ), iShares MSCI Israel ETF (EIS) and Harbor Small Cap Explorer ETF (QWST).VanEck Israel ETF (ISRA).

What guidance has Kornit Digital issued on next quarter's earnings?

Kornit Digital updated its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $58.00 million-$62.00 million, compared to the consensus revenue estimate of $65.15 million.

What is Ronen Samuel's approval rating as Kornit Digital's CEO?

15 employees have rated Kornit Digital Chief Executive Officer Ronen Samuel on Glassdoor.com. Ronen Samuel has an approval rating of 95% among the company's employees. This puts Ronen Samuel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Kornit Digital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kornit Digital investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), QUALCOMM (QCOM), Carnival Co. & (CCL), Micron Technology (MU), Taiwan Semiconductor Manufacturing (TSM), CVS Health (CVS), Walt Disney (DIS), JD.com (JD) and Marvell Technology (MRVL).

When did Kornit Digital IPO?

(KRNT) raised $99 million in an IPO on Thursday, April 2nd 2015. The company issued 7,100,000 shares at a price of $13.00-$15.00 per share. Barclays and Citigroup acted as the underwriters for the IPO and William Blair, Stifel, Canaccord Genuity and Needham were co-managers.

What is Kornit Digital's stock symbol?

Kornit Digital trades on the NASDAQ under the ticker symbol "KRNT."

Who are Kornit Digital's major shareholders?

Kornit Digital's stock is owned by many different institutional and retail investors. Top institutional shareholders include Artisan Partners Limited Partnership (8.89%), Senvest Management LLC (8.74%), Granahan Investment Management LLC (6.23%), Wasatch Advisors LP (4.45%), Riverbridge Partners LLC (3.82%) and Meitav Investment House Ltd. (3.25%).

How do I buy shares of Kornit Digital?

Shares of KRNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Kornit Digital's stock price today?

One share of KRNT stock can currently be purchased for approximately $18.64.

How much money does Kornit Digital make?

Kornit Digital (NASDAQ:KRNT) has a market capitalization of $934.24 million and generates $271.52 million in revenue each year. The industrial products company earns $-79,070,000.00 in net income (profit) each year or ($1.76) on an earnings per share basis.

How many employees does Kornit Digital have?

The company employs 934 workers across the globe.

Does Kornit Digital have any subsidiaries?
The following companies are subsidiares of Kornit Digital: Custom Gateway, Custom Gateway Limited, Kornit (Shanghai) Digital Co. Ltd., Kornit Digital Asia Pacific Limited, Kornit Digital Europe GmbH, Kornit Digital Japan KK, Kornit Digital North America Inc, Kornit Digital Technologies Ltd., Kornit Digital UK Ltd., and Voxel8.
Read More
How can I contact Kornit Digital?

Kornit Digital's mailing address is 12 HAAMAL STREET, ROSH-HAAYIN L3, 4809246. The official website for the company is www.kornit.com. The industrial products company can be reached via phone at (723) 908-5800, via email at michael.callahan@icrinc.com, or via fax at 972-3908-0280.

This page (NASDAQ:KRNT) was last updated on 9/27/2023 by MarketBeat.com Staff

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