NASDAQ:KRNT - Kornit 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 shares have decreased by 26.2% and is now trading at $25.44. View which stocks have been mosted impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last year. There are currently 4 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 Monday, May 11th 2020. View our earnings forecast for Kornit Digital.

Kornit Digital Ltd (NASDAQ:KRNT) announced its quarterly earnings data on Tuesday, February, 11th. The industrial products company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.04. The industrial products company earned $48.65 million during the quarter, compared to analyst estimates of $48.49 million. Kornit Digital had a return on equity of 3.02% and a net margin of 3.18%. View Kornit Digital's earnings history.

4 Wall Street analysts have issued 12-month price objectives for Kornit Digital's stock. Their forecasts range from $31.00 to $47.00. On average, they anticipate Kornit Digital's share price to reach $41.33 in the next twelve months. This suggests a possible upside of 62.5% from the stock's current price. View analysts' price targets for Kornit Digital.

News stories about KRNT stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kornit Digital earned a news impact score of -3.0 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutKornit Digital.

Some companies that are related to Kornit Digital include Tetra Tech (TTEK), Sealed Air (SEE), NINE DRAGONS PA/ADR (NDGPY), Taylor Wimpey (TW), IHI CORP/ADR (IHICY), Xerox (XRX), MSA Safety (MSA), Graphic Packaging (GPK), DuluxGroup (DLX), GEA Group Aktiengesellschaft (GEAGY), AGCO (AGCO), ADT (ADT), Snc-Lavalin Group (SNC), NSK LTD/ADR (NPSKY) and Middleby (MIDD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kornit Digital investors own include Intuitive Surgical (ISRG), NVIDIA (NVDA), JD.Com (JD), Alibaba Group (BABA), Micron Technology (MU), QUALCOMM (QCOM), Walt Disney (DIS), AT&T (T), Verizon Communications (VZ) and Paypal (PYPL).

(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.

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

Kornit Digital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include American Capital Management Inc. (7.34%), Migdal Insurance & Financial Holdings Ltd. (4.30%), Blair William & Co. IL (3.63%), Standard Life Aberdeen plc (3.26%), Janus Henderson Group PLC (2.84%) and Chicago Capital LLC (2.80%).

KRNT stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Senvest Management LLC, Phoenix Holdings Ltd., Royce & Associates LP, Kornitzer Capital Management Inc. KS, Janus Henderson Group PLC, Pembroke Management LTD, and Meitav Dash Investments Ltd..

KRNT stock was purchased by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Standard Life Aberdeen plc, FMR LLC, Madison Asset Management LLC, Migdal Insurance & Financial Holdings Ltd., California Public Employees Retirement System, Artemis Investment Management LLP, and Tandem Capital Management Corp ADV.

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 $25.44.

Kornit Digital has a market capitalization of $1.04 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. View additional information about Kornit Digital.

The official website for Kornit Digital is http://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]