Kornit Digital Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Kornit Digital stock.
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Kornit Digital saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 358,500 shares, a decrease of 16.3% from the December 31st total of 428,500 shares. Based on an average daily trading volume, of 204,600 shares, the days-to-cover ratio is currently 1.8 days.
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Kornit Digital is scheduled to release its next quarterly earnings announcement on Tuesday, May 18th 2021.
View our earnings forecast for Kornit Digital.

Kornit Digital Ltd. (NASDAQ:KRNT) posted its quarterly earnings data on Monday, February, 15th. The industrial products company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.02. Kornit Digital had a negative trailing twelve-month return on equity of 1.05% and a negative net margin of 3.49%.
View Kornit Digital's earnings history.

Kornit Digital's stock was trading at $34.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KRNT stock has increased by 229.4% and is now trading at $113.58.
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6 analysts have issued twelve-month price targets for Kornit Digital's stock. Their forecasts range from $100.00 to $135.00. On average, they anticipate Kornit Digital's stock price to reach $118.00 in the next year. This suggests a possible upside of 3.9% from the stock's current price.
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15 employees have rated Kornit Digital CEO Ronen Samuel on Glassdoor.com. Ronen Samuel has an approval rating of 95% among Kornit Digital's employees. This puts Ronen Samuel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Kornit Digital include Xylem (XYL), Dover (DOV), Amcor (AMCR), BAE Systems (BA), IDEX (IEX), Avery Dennison (AVY), Crown (CCK), AB SKF (publ) (SKFRY), Packaging Co. of America (PKG), Tenaris (TS), Halma (HLMAF), Graco (GGG), Norsk Hydro ASA (NHYDY), Fortune Brands Home & Security (FBHS) and Xinyi Glass (XYIGF).
View all of KRNT's competitors.

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), The Walt Disney (DIS), JD.com (JD) and Marvell Technology Group (MRVL).

(KRNT) raised $99 million in an initial public offering on Thursday, April 2nd 2015. The company issued 7,100,000 shares at $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.

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

Kornit Digital's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Artisan Partners Limited Partnership (4.32%), Riverbridge Partners LLC (3.62%), Stephens Investment Management Group LLC (2.73%), Harel Insurance Investments & Financial Services Ltd. (2.68%), BlackRock Inc. (2.40%) and Blair William & Co. IL (2.19%).

KRNT stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Meitav Dash Investments Ltd., Janus Henderson Group PLC, Blair William & Co. IL, Victory Capital Management Inc., Stephens Investment Management Group LLC, Harel Insurance Investments & Financial Services Ltd., and Chicago Capital LLC.

KRNT stock was bought by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Artisan Partners Limited Partnership, Riverbridge Partners LLC, Lord Abbett & CO. LLC, EMC Capital Management, BlackRock Inc., Artemis Investment Management LLP, and Essex Investment Management Co. LLC.

Shares of KRNT 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.
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One share of KRNT stock can currently be purchased for approximately $113.58.

Kornit Digital has a market capitalization of $4.65 billion and generates $179.87 million in revenue each year. The industrial products company earns $10.17 million in net income (profit) each year or $0.36 on an earnings per share basis.

Kornit Digital employs 547 workers across the globe.

The official website for Kornit Digital is www.kornit.com.

Kornit Digital is headquartered at 12 HAAMAL STREET, ROSH-HAAYIN L3, 4809246.

Kornit Digital's mailing address is 12 HAAMAL STREET, ROSH-HAAYIN L3, 4809246. The industrial products company can be reached via phone at 972-3908-5800 or via email at [email protected]