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DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:KRNT

Kornit Digital Stock Forecast, Price & News

$31.25
-0.45 (-1.42%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$30.77
$32.62
50-Day Range
$31.25
$73.21
52-Week Range
$30.43
$181.38
Volume
845,928 shs
Average Volume
574,457 shs
Market Capitalization
$1.55 billion
P/E Ratio
260.44
Dividend Yield
N/A
Price Target
$173.80

Kornit Digital Stock Forecast (MarketRank)

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
456.2% Upside
$173.80 Price Target
Short Interest
Healthy
2.40% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.79mentions of Kornit Digital in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.07) to $1.10 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.87 out of 5 stars

Industrial Products Sector

125th out of 255 stocks

Printing Trades Machinery Industry

1st out of 3 stocks

30 days | 90 days | 365 days | Advanced Chart

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Kornit Digital logo

About Kornit Digital (NASDAQ:KRNT)

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 Stock News Headlines

Bear of the Day: Kornit Digital, Ltd. (KRNT)
KRNT Jul 2022 35.000 put
Why Kornit Digital Shares Are Plunging Today
Kornit Digital Reports First Quarter 2022 Results
Kornit Digital Q1 2022 Earnings Preview
See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Last Earnings
5/11/2022
Today
7/03/2022
Next Earnings (Estimated)
8/09/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$173.80
High Stock Price Forecast
$200.00
Low Stock Price Forecast
$147.00
Forecasted Upside/Downside
+456.2%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
5 Analysts

Profitability

Net Income
$15.53 million
Pretax Margin
1.51%

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
$1.55 billion
Optionable
Optionable
Beta
2.00














Kornit Digital 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 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Kornit Digital stock.
View analyst ratings for Kornit Digital
or view top-rated stocks.

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

5 Wall Street research analysts have issued twelve-month price objectives for Kornit Digital's shares. Their KRNT stock forecasts range from $147.00 to $200.00. On average, they anticipate Kornit Digital's stock price to reach $173.80 in the next year. This suggests a possible upside of 456.2% from the stock's current price.
View analysts' price targets for Kornit Digital
or view top-rated stocks among Wall Street analysts.

How has Kornit Digital's stock price 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 79.5% and is now trading at $31.25.
View the best growth stocks for 2022 here
.

When is Kornit Digital's next earnings date?

Kornit Digital is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
View our earnings forecast for Kornit Digital
.

How were Kornit Digital's earnings last quarter?

Kornit Digital Ltd. (NASDAQ:KRNT) released its earnings results on Wednesday, May, 11th. The industrial products company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.18. The industrial products company earned $83.29 million during the quarter, compared to analyst estimates of $88.60 million. Kornit Digital had a net margin of 1.54% and a trailing twelve-month return on equity of 1.63%.
View Kornit Digital's earnings history
.

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

Kornit Digital updated its second quarter 2022 earnings guidance on Wednesday, June, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $85.00 million-$95.00 million, compared to the consensus revenue estimate of $102.04 million.

Who are Kornit Digital's key executives?

Kornit Digital's management team includes the following people:
  • Mr. Ronen Samuel, CEO & Director (Age 52, Pay $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, Co-Founder & Director (Age 57)
  • Mr. Alon Rozner, Chief Financial Officer (Age 50)
  • Mr. Kobi Mann, Chief Technology Officer (Age 43)
  • Mr. Andrew G. Backman, Global Head of Investor Relations (Age 54)
  • Mr. Omer Kulka, Chief Marketing Officer (Age 45)
  • Ms. Ayelet Oryan Godard, Exec. VP of HR

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

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.

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."

How do I buy shares of Kornit Digital?

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.
Compare Top Brokerages Here.

What is Kornit Digital's stock price today?

One share of KRNT stock can currently be purchased for approximately $31.25.

How much money does Kornit Digital make?

Kornit Digital (NASDAQ:KRNT) has a market capitalization of $1.55 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 $0.119990 on an earnings per share basis.

How many employees does Kornit Digital have?

Kornit Digital 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 Kornit Digital 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 7/3/2022 by MarketBeat.com Staff

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