NASDAQ:KRNT Kornit Digital - KRNT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Kornit Digital Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. $18.91 -0.14 (-0.73%) (As of 03/28/2023 05:12 PM ET) Add Compare Share Share Today's Range$18.44▼$19.1850-Day Range$18.21▼$28.7952-Week Range$17.78▼$89.70Volume315,060 shsAverage Volume382,060 shsMarket Capitalization$941.43 millionP/E RatioN/ADividend YieldN/APrice Target$32.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Kornit Digital MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside71.4% Upside$32.50 Price TargetShort InterestHealthy1.11% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.08Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.99) to $0.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.03 out of 5 starsIndustrial Products Sector115th out of 180 stocksPrinting Trades Machinery Industry1st out of 2 stocks 3.2 Analyst's Opinion Consensus RatingKornit Digital has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.50, Kornit Digital has a forecasted upside of 71.4% from its current price of $18.96.Amount of Analyst CoverageKornit Digital has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.11% of the outstanding shares of Kornit Digital have been sold short.Short Interest Ratio / Days to CoverKornit Digital has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Kornit Digital has recently increased by 0.53%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldKornit Digital does not currently pay a dividend.Dividend GrowthKornit Digital does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KRNT. Previous Next 2.8 News and Social Media Coverage News SentimentKornit Digital has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Kornit Digital this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for KRNT on MarketBeat in the last 30 days. This is a decrease of -82% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kornit Digital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.21% of the stock of Kornit Digital is held by insiders.Percentage Held by Institutions93.05% of the stock of Kornit Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Kornit Digital are expected to grow in the coming year, from ($0.99) to $0.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kornit Digital is -12.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Kornit Digital is -12.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioKornit Digital has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kornit Digital (NASDAQ:KRNT) StockKornit Digital Ltd. is engaged in the development, designing, manufacture, and marketing of industrial and commercial printing solutions for the garment, apparel, and textile industries. It offers printing solutions for apparel, polyester, sportswear, beachwear, accessories, paradigm shirt, textiles, curtains, cushions and couches. The company was founded by Ofer Ben-Zur on January 16, 2002 and is headquartered in Rosh HaAyin, Israel.Read More Receive KRNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kornit Digital and its competitors with MarketBeat's FREE daily newsletter. Email Address KRNT Stock News HeadlinesMarch 21, 2023 | seekingalpha.comKornit Digital: No Near-Term Catalysts But Upgrading To 'Hold' On Bargain ValuationMarch 19, 2023 | americanbankingnews.comKornit Digital Ltd. (NASDAQ:KRNT) Receives $32.50 Average PT from AnalystsMarch 28, 2023 | Porter & Company (Ad)Biden’s Big Lie…Biden is about to steal the 2024 election... Not through voter suppression, collision with Big Tech, or anything else you might be thinking of. March 15, 2023 | benzinga.comFILING DEADLINE--Kuznicki Law PLLC Announces Class Action on Behalf of Shareholders of Kornit Digital Ltd. – KRNTMarch 15, 2023 | benzinga.comDEADLINE ALERT for KRNT, ISPO, ALCO, and CTLT: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of ShareholdersMarch 10, 2023 | benzinga.comKornit Shareholder Action ReminderMarch 7, 2023 | benzinga.comKornit Digital Ltd. (KRNT) Class Action Alert: Robbins LLP Reminds Investors of Lead Plaintiff Deadline in Class Action Involving Kornit Digital Ltd.March 5, 2023 | benzinga.comKornit Shareholder NoticeMarch 28, 2023 | Porter & Company (Ad)Biden’s Big Lie…Biden is about to steal the 2024 election... Not through voter suppression, collision with Big Tech, or anything else you might be thinking of. March 1, 2023 | barrons.comKRNT Investors Have Opportunity to Lead Kornit Digital Ltd. Securities Fraud LawsuitFebruary 24, 2023 | morningstar.comFILING DEADLINE—Kuznicki Law PLLC Announces Class Action on Behalf of Shareholders of Kornit Digital Ltd. - KRNTFebruary 23, 2023 | technews.tmcnet.comDeadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Kornit Digital Ltd. (KRNT)February 23, 2023 | finance.yahoo.comIs It Time To Consider Buying Kornit Digital Ltd. (NASDAQ:KRNT)?February 22, 2023 | benzinga.comKRNT LAWSUIT ALERT: Levi & Korsinsky Notifies Kornit Digital Ltd. Investors Of a Class Action Lawsuit and Upcoming DeadlineFebruary 22, 2023 | benzinga.comINVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Kornit Digital Ltd. with Losses of $100,000 to Contact the FirmFebruary 21, 2023 | technews.tmcnet.comThe Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Kornit Digital Ltd. (KRNT) InvestorsFebruary 20, 2023 | wsj.comINVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Kornit Digital Ltd. with Losses of $100,000 to Contact the FirmFebruary 17, 2023 | seekingalpha.comKornit Digital Ltd. (KRNT) Q4 2022 Earnings Call TranscriptFebruary 17, 2023 | benzinga.comKornit Deadline AlertFebruary 17, 2023 | businesswire.comKRNT INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Kornit Digital Ltd. and Announces Opportunity for Investors with Substantial Losses to Lead CaseFebruary 17, 2023 | benzinga.comSHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Kornit Digital Ltd. with Losses of $100,000 to Contact the FirmFebruary 17, 2023 | technews.tmcnet.comKirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Kornit Digital Ltd. (KRNT) InvestorsFebruary 17, 2023 | markets.businessinsider.comCitigroup Keeps Their Buy Rating on Kornit Digital (KRNT)February 16, 2023 | benzinga.comShareholder Alert: Robbins LLP Informs Investors of Class Action Against Kornit Digital Ltd. (KRNT)February 16, 2023 | benzinga.comKornit Digital Sued for Securities Law Violations; Investors Should Contact Block & Leviton for More InformationFebruary 16, 2023 | benzinga.comBronstein, Gewirtz & Grossman, LLC Notifies Kornit Digital Ltd., (KRNT) Investors of Class Action and to Actively ParticipateFebruary 16, 2023 | businesswire.comBronstein, Gewirtz & Grossman, LLC Notifies Kornit Digital Ltd., (KRNT) Investors of Class Action and to Actively ParticipateSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive KRNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kornit Digital and its competitors with MarketBeat's FREE daily newsletter. Email Address KRNT Company Calendar Last Earnings2/15/2023Today3/28/2023Next Earnings (Estimated)5/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Printing trades machinery Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:KRNT CUSIPN/A CIK1625791 Webwww.kornit.com Phone(723) 908-5800Fax972-3908-0280Employees882Year Founded2002Price Target and Rating Average Stock Price Forecast$32.50 High Stock Price Forecast$50.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+71.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($1.58) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-79,070,000.00 Net Margins-29.12% Pretax Margin-20.81% Return on Equity-6.16% Return on Assets-5.53% Debt Debt-to-Equity RatioN/A Current Ratio8.85 Quick Ratio7.49 Sales & Book Value Annual Sales$271.52 million Price / Sales3.47 Cash FlowN/A Price / Cash FlowN/A Book Value$17.45 per share Price / Book1.08Miscellaneous Outstanding Shares49,785,000Free Float49,680,000Market Cap$941.43 million OptionableOptionable Beta1.69 Social Links Key ExecutivesRonen SamuelChief Executive Officer & DirectorIlan GivonExecutive Vice President-OperationsLauri A. HanoverChief Financial Officer & DirectorKobi MannChief Technology OfficerBenzion SenderExecutive VP-Research & DevelopmentKey CompetitorsAZZNYSE:AZZUFP TechnologiesNASDAQ:UFPTApogee EnterprisesNASDAQ:APOGGlobal IndustrialNYSE:GICAstec IndustriesNASDAQ:ASTEView All CompetitorsInstitutional OwnershipParallax Volatility Advisers L.P.Bought 106,000 shares on 2/27/2023Ownership: 0.000%Macquarie Group Ltd.Sold 130,514 shares on 2/21/2023Ownership: 0.741%Live Oak Investment PartnersBought 27,096 shares on 2/16/2023Ownership: 0.054%State of WyomingBought 4,363 shares on 2/16/2023Ownership: 0.019%Altshuler Shaham LtdSold 23,200 shares on 2/16/2023Ownership: 0.014%View All Institutional Transactions KRNT Stock - Frequently Asked Questions Should I buy or sell Kornit Digital stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KRNT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KRNT, but not buy additional shares or sell existing shares. View KRNT analyst ratings or view top-rated stocks. What is Kornit Digital's stock price forecast for 2023? 6 Wall Street research analysts have issued 1-year target prices for Kornit Digital's stock. Their KRNT share price forecasts range from $25.00 to $50.00. On average, they expect the company's stock price to reach $32.50 in the next year. This suggests a possible upside of 71.9% 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 stock has decreased by 17.7% and is now trading at $18.91. 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, May 10th 2023. 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, February, 15th. The industrial products company reported ($0.24) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by $0.03. The industrial products company had revenue of $63.30 million for the quarter, compared to analysts' expectations of $67.05 million. Kornit Digital had a negative net margin of 29.12% and a negative trailing twelve-month return on equity of 6.16%. 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 VanEck Israel ETF (ISRA).First Trust Multi-Manager Small Cap Opportunities ETF (MMSC). What guidance has Kornit Digital issued on next quarter's earnings? Kornit Digital issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $47.00 million-$52.00 million, compared to the consensus revenue estimate of $52.99 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 $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 variety of institutional and retail investors. Top institutional investors include Artisan Partners Limited Partnership (8.83%), Senvest Management LLC (8.33%), Granahan Investment Management LLC (7.09%), American Capital Management Inc. (4.17%), Riverbridge Partners LLC (3.74%) and Meitav Dash Investments Ltd. (3.32%). 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 $18.91. How much money does Kornit Digital make? Kornit Digital (NASDAQ:KRNT) has a market capitalization of $941.43 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 ($1.58) on an earnings per share basis. How many employees does Kornit Digital have? The company employs 882 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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