NASDAQ:KRNTKornit Digital Stock Price, Forecast & News

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. Since then, KRNT stock has increased by 47.9% and is now trading at $51.00. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Kornit Digital.

Kornit Digital is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Kornit Digital.

Kornit Digital Ltd (NASDAQ:KRNT) announced its quarterly earnings results on Tuesday, May, 19th. The industrial products company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.13. The industrial products company had revenue of $26.80 million for the quarter, compared to analyst estimates of $26.59 million. Kornit Digital had a negative net margin of 1.77% and a negative return on equity of 0.51%. The company's revenue was down 31.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.03 EPS. View Kornit Digital's earnings history.

5 equities research analysts have issued 12-month price objectives for Kornit Digital's stock. Their forecasts range from $36.00 to $50.00. On average, they anticipate Kornit Digital's stock price to reach $44.25 in the next twelve months. This suggests that the stock has a possible downside of 13.2%. View analysts' price targets for Kornit Digital.

Media headlines about KRNT stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kornit Digital earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Kornit Digital.

Some companies that are related to Kornit Digital include Graco (GGG), Tenaris (TS), A. O. Smith (AOS), TORAY INDUSTRIE/ADR (TRYIY), DAI NIPPON PRTG/S (DNPLY), Cimic Group (CIM), AptarGroup (ATR), KION GRP AG/ADR (KIGRY), Hubbell (HUBB), ASAHI GLASS/ADR (ASGLY), Pentair (PNR), ADT (ADT), Reliance Steel & Aluminum (RS), Donaldson (DCI) and CAE (CAE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kornit Digital investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), AT&T (T), Verizon Communications (VZ), Alibaba Group (BABA), Walt Disney (DIS), JD.Com (JD), Cisco Systems (CSCO) and CVS Health (CVS).

(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.

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

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

One share of KRNT stock can currently be purchased for approximately $51.00.

Kornit Digital has a market capitalization of $2.08 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 444 workers across the globe.

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

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]