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Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
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Germany secures more gas shipments as Scholz visits Gulf
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
Labour conference starts with focus on 'immoral' tax cuts
Can Caterpillar Claw Higher in a Falling Market?
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
Is Dave & Buster’s Immune to High Inflation and Lower Spending?
British pound plunges to new low as tax cuts spark concern
S&P 500   3,693.23
DOW   29,590.41
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Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
Germany secures more gas shipments as Scholz visits Gulf
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
Labour conference starts with focus on 'immoral' tax cuts
Can Caterpillar Claw Higher in a Falling Market?
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
Is Dave & Buster’s Immune to High Inflation and Lower Spending?
British pound plunges to new low as tax cuts spark concern
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
Germany secures more gas shipments as Scholz visits Gulf
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
Labour conference starts with focus on 'immoral' tax cuts
Can Caterpillar Claw Higher in a Falling Market?
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
Is Dave & Buster’s Immune to High Inflation and Lower Spending?
British pound plunges to new low as tax cuts spark concern
NASDAQ:KRNT

Kornit Digital - KRNT Stock Forecast, Price & News

$25.86
-0.55 (-2.08%)
(As of 09/23/2022 08:56 PM ET)
Add
Compare
Today's Range
$25.40
$26.15
50-Day Range
$25.15
$35.51
52-Week Range
$20.40
$181.38
Volume
364,600 shs
Average Volume
730,069 shs
Market Capitalization
$1.28 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$75.60

Kornit Digital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
192.3% Upside
$75.60 Price Target
Short Interest
Healthy
4.90% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions 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.

1.68 out of 5 stars

Industrial Products Sector

157th out of 179 stocks

Printing Trades Machinery Industry

2nd out of 2 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.

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KRNT Stock News Headlines

Kornit Digital Ltd. (KRNT)
Expert Ratings for Kornit Digital
Kornit Digital Reports Second Quarter 2022 Results
Company News for Jul 7, 2022
Where Kornit Digital Stands With Analysts
Why Shares Of Kornit Digital Are Trading Lower Today
Bear of the Day: Kornit Digital, Ltd. (KRNT)
KRNT Jul 2022 35.000 put
See More Headlines
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KRNT Company Calendar

Last Earnings
8/10/2022
Today
9/26/2022
Next Earnings (Estimated)
11/09/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Printing trades machinery
Sub-Industry
N/A
Current Symbol
NASDAQ:KRNT
Employees
882
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$75.60
High Stock Price Forecast
$200.00
Low Stock Price Forecast
$32.00
Forecasted Upside/Downside
+192.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$15.53 million
Pretax Margin
-6.93%

Debt

Sales & Book Value

Annual Sales
$322.01 million
Cash Flow
$0.63 per share
Book Value
$18.53 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.28 billion
Optionable
Optionable
Beta
1.74

Key Executives

  • Mr. Ronen  SamuelMr. Ronen Samuel (Age 52)
    CEO & Director
    Comp: $1M
  • Mr. Ilan Givon
    Exec. VP of Operations
  • Mr. Amir Shaked-Mandel
    Exec. VP of Corp. Devel.
  • Chuck Meyo
    Pres of Kornit Digital North America Inc
  • Mr. Ofer Ben-Zur (Age 57)
    Co-Founder & Director
  • Mr. Alon Rozner (Age 50)
    Chief Financial Officer
  • Mr. Kobi Mann (Age 43)
    Chief Technology Officer
  • Mr. Andrew G. Backman (Age 54)
    Global Head of Investor Relations
  • Mr. Omer Kulka (Age 45)
    Chief Marketing Officer
  • Ms. Ayelet Oryan Godard
    Exec. VP of HR













KRNT Stock - Frequently Asked Questions

Should I buy or sell Kornit Digital stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KRNT shares.
View KRNT analyst ratings
or view top-rated stocks.

What is Kornit Digital's stock price forecast for 2022?

5 brokers have issued 1 year price objectives for Kornit Digital's stock. Their KRNT share price forecasts range from $32.00 to $200.00. On average, they predict the company's stock price to reach $75.60 in the next twelve months. This suggests a possible upside of 192.3% 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 2022?

Kornit Digital's stock was trading at $152.25 at the start of the year. Since then, KRNT shares have decreased by 83.0% and is now trading at $25.86.
View the best growth stocks for 2022 here
.

When is Kornit Digital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our KRNT earnings forecast
.

How were Kornit Digital's earnings last quarter?

Kornit Digital Ltd. (NASDAQ:KRNT) posted its quarterly earnings data on Wednesday, August, 10th. The industrial products company reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.37) by $0.06. The industrial products company earned $62.50 million during the quarter, compared to analyst estimates of $58 million. Kornit Digital had a negative net margin of 6.29% and a negative trailing twelve-month return on equity of 1.89%. The firm's revenue for the quarter was down 29.2% compared to the same quarter last year. During the same period last year, the company posted $0.15 EPS.

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

Kornit Digital issued an update on its third quarter 2022 earnings guidance on Friday, September, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $66.00 million-$70.00 million, compared to the consensus revenue estimate of $64.98 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 initial public offering (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 served 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 a number of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (6.53%), Riverbridge Partners LLC (3.04%), Riverbridge Partners LLC (2.69%), abrdn plc (2.50%), Meitav Dash Investments Ltd. (2.20%) and Harel Insurance Investments & Financial Services Ltd. (2.18%).

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 $25.86.

How much money does Kornit Digital make?

Kornit Digital (NASDAQ:KRNT) has a market capitalization of $1.28 billion and generates $322.01 million in revenue each year. The industrial products company earns $15.53 million in net income (profit) each year or ($0.39) on an earnings per share basis.

How many employees does Kornit Digital have?

The company employs 882 workers across the globe.

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 9/26/2022 by MarketBeat.com Staff

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