Kimball Electronics, Inc. (KE)
NASDAQ: KE · IEX Real-Time Price · USD
22.98
-0.46 (-1.96%)
At close: Jul 19, 2024, 4:00 PM
22.97
-0.01 (-0.04%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Kimball Electronics Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Kimball Electronics stock have an average target of 33.5, with a low estimate of 28 and a high estimate of 38. The average target predicts an increase of 45.78% from the current stock price of 22.98.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for KE stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| EF Hutton | EF Hutton | Strong Buy Maintains $34 | Strong Buy | Maintains | $34 | +47.95% | May 9, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $39 → $34 | Strong Buy | Maintains | $39 → $34 | +47.95% | Feb 7, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $33 → $28 | Buy | Maintains | $33 → $28 | +21.85% | Feb 7, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $37 → $33 | Strong Buy | Maintains | $37 → $33 | +43.60% | Feb 7, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $39 → $37 | Strong Buy | Maintains | $39 → $37 | +61.01% | Nov 8, 2023 |
Financial Forecast
Revenue This Year
1.78B
from 1.82B
Decreased by -2.27%
Revenue Next Year
1.85B
from 1.78B
Increased by 3.59%
EPS This Year
1.58
from 2.22
Decreased by -28.67%
EPS Next Year
1.88
from 1.58
Increased by 19.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 2.0B | 2.0B |
| Avg | 1.8B | 1.8B | 1.9B |
| Low | 1.7B | 1.7B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.0% | 13.4% | 5.7% |
| Avg | -2.3% | 3.6% | 3.7% |
| Low | -7.9% | -4.9% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.67 | 2.21 | 2.68 |
| Avg | 1.58 | 1.88 | 2.63 |
| Low | 1.46 | 1.60 | 2.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -24.8% | 39.2% | 42.0% |
| Avg | -28.7% | 19.0% | 39.3% |
| Low | -34.2% | 0.9% | 32.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.