Kimball Electronics, Inc. (KE)
NASDAQ: KE · IEX Real-Time Price · USD
21.56
-0.09 (-0.42%)
Mar 28, 2024, 1:40 PM EDT - Market open

Kimball Electronics Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Kimball Electronics stock have an average target of 33.25, with a low estimate of 28 and a high estimate of 38. The average target predicts an increase of 54.22% from the current stock price of 21.56.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $28 $33.25 $34 $38
Change +29.87% +54.22% +57.70% +76.25%
* Price targets were last updated on Feb 7, 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222233
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 333344

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$39$34
Strong Buy Maintains $39$34 +57.70% Feb 7, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$33$28
Buy Maintains $33$28 +29.87% Feb 7, 2024
EF Hutton
EF Hutton
Strong Buy
Maintains
$37$33
Strong Buy Maintains $37$33 +53.06% Feb 7, 2024
EF Hutton
EF Hutton
Strong Buy
Maintains
$39$37
Strong Buy Maintains $39$37 +71.61% Nov 8, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$36
Buy Reiterates $36 +66.98% Oct 4, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.82B
from 1.82B
Decreased by -0.46%
Revenue Next Year
1.96B
from 1.82B
Increased by 7.88%
EPS This Year
1.66
from 2.22
Decreased by -25.02%
EPS Next Year
2.21
from 1.66
Increased by 32.76%
Year 2019202020212022202320242025
Revenue
1.18B1.20B1.29B1.35B1.82B1.82B1.96B
Revenue Growth
10.24%1.58%7.60%4.47%35.12%-0.46%7.88%
EPS
1.210.712.241.242.221.662.21
EPS Growth
95.16%-41.32%215.49%-44.64%79.03%-25.02%32.76%
No. Analysts -----88
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 1.9B 2.1B
Avg 1.8B 2.0B
Low 1.7B 1.8B

Revenue Growth

Revenue Growth 20242025
High
3.4%
15.0%
Avg
-0.5%
7.9%
Low
-6.0%
-0.7%

EPS Forecast

EPS 20242025
High 1.89 2.53
Avg 1.66 2.21
Low 1.51 1.74

EPS Growth

EPS Growth 20242025
High
-14.9%
52.0%
Avg
-25.0%
32.8%
Low
-32.0%
4.8%
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.