Kornit Digital Ltd. (NASDAQ:KRNT) Receives Average Recommendation of “Hold” from Brokerages

Kornit Digital Ltd. (NASDAQ:KRNTGet Free Report) has been given an average rating of “Hold” by the six research firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $21.25.

KRNT has been the topic of a number of analyst reports. Zacks Research lowered shares of Kornit Digital from a “hold” rating to a “strong sell” rating in a report on Thursday, July 30th. Needham & Company LLC raised their price target on shares of Kornit Digital from $22.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Morgan Stanley boosted their price target on shares of Kornit Digital from $17.00 to $18.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 23rd.

View Our Latest Analysis on Kornit Digital

Hedge Funds Weigh In On Kornit Digital

A number of institutional investors have recently added to or reduced their stakes in the business. Senvest Management LLC grew its stake in Kornit Digital by 4.1% in the 4th quarter. Senvest Management LLC now owns 4,141,355 shares of the industrial products company’s stock worth $59,553,000 after buying an additional 162,100 shares in the last quarter. Morgan Stanley raised its position in shares of Kornit Digital by 26.5% during the 4th quarter. Morgan Stanley now owns 3,998,548 shares of the industrial products company’s stock valued at $57,499,000 after buying an additional 838,814 shares in the last quarter. Artisan Partners Limited Partnership raised its position in shares of Kornit Digital by 32.6% during the 4th quarter. Artisan Partners Limited Partnership now owns 2,647,804 shares of the industrial products company’s stock valued at $38,075,000 after buying an additional 650,283 shares in the last quarter. Granahan Investment Management LLC lifted its holdings in shares of Kornit Digital by 31.4% during the 4th quarter. Granahan Investment Management LLC now owns 2,569,663 shares of the industrial products company’s stock worth $36,952,000 after acquiring an additional 614,513 shares during the last quarter. Finally, Baillie Gifford & Co. lifted its holdings in shares of Kornit Digital by 61.7% during the 4th quarter. Baillie Gifford & Co. now owns 1,565,079 shares of the industrial products company’s stock worth $22,506,000 after acquiring an additional 597,128 shares during the last quarter. 92.76% of the stock is currently owned by institutional investors.

Key Kornit Digital News

Here are the key news stories impacting Kornit Digital this week:

  • Positive Sentiment: Quarterly earnings and revenue beat estimates. Kornit reported adjusted EPS of $0.04, compared with the consensus estimate of a $0.01 loss, while revenue reached $55.3 million versus expectations of $52.8 million. Revenue increased 11.1% year over year, and EPS improved from $0.03 in the prior-year quarter. Kornit Digital Q2 Earnings and Revenues Beat Estimates
  • Positive Sentiment: Growth metrics pointed to improving recurring and usage-based revenue. Annual recurring revenue rose 79% year over year to $33.8 million, AIC revenue increased 112%, and trailing-12-month impressions grew 15%. Kornit also reported positive operating cash flow for the 11th consecutive quarter and said screen-market systems represented approximately 60% of second-quarter and first-half sales. Kornit Digital Reports Second Quarter 2026 Results
  • Positive Sentiment: Analyst confidence increased. Needham raised its price target from $22 to $23 and maintained a Buy rating, implying substantial upside from the recent trading level. Needham Raises Kornit Digital Price Target
  • Neutral Sentiment: Third-quarter revenue guidance was set at $55 million to $60 million. The midpoint is above the $55.3 million analyst consensus, but the company did not provide a specific EPS outlook. Kornit Digital Earnings Report and Conference Call
  • Negative Sentiment: Profitability remains incomplete. Kornit still posted a negative net margin and negative return on equity, while analysts expect a full-year loss. Sustaining the recent revenue growth and converting it into consistent GAAP profitability will remain key risks for KRNT.

Kornit Digital Stock Performance

NASDAQ:KRNT opened at $17.64 on Friday. The business’s fifty day moving average is $15.89 and its 200 day moving average is $15.41. The firm has a market cap of $757.99 million, a price-to-earnings ratio of -45.23 and a beta of 1.72. Kornit Digital has a 52-week low of $11.93 and a 52-week high of $19.78.

Kornit Digital (NASDAQ:KRNTGet Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Kornit Digital had a negative net margin of 7.93% and a negative return on equity of 1.15%. The firm had revenue of $55.32 million for the quarter, compared to the consensus estimate of $52.80 million. During the same period in the prior year, the firm posted $0.03 earnings per share. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. Equities analysts predict that Kornit Digital will post -0.31 EPS for the current fiscal year.

Kornit Digital Company Profile

(Get Free Report)

Kornit Digital Ltd. (NASDAQ: KRNT) is a global technology company specializing in digital textile printing solutions. Headquartered in Rosh Ha’Ayin, Israel, Kornit develops and manufactures an integrated ecosystem of industrial inkjet printers, proprietary NeoPigment inks and pretreatment systems. Its product portfolio addresses a range of applications including direct-to-garment, direct-to-fabric, digital embellishment and hybrid manufacturing, enabling businesses to produce custom apparel, sportswear, fashion and home textiles on demand.

The company’s flagship offerings include the Avalanche and Atlas series for high-volume production, as well as the Storm and Helix lines designed for mid-to-large scale operations.

See Also

Analyst Recommendations for Kornit Digital (NASDAQ:KRNT)

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