Kornit Digital Ltd. (KRNT)

NASDAQ: KRNT · Real-Time Price · USD
31.14
+0.13 (0.42%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.42%
Market Cap 1.48B
Revenue (ttm) 199.71M
Net Income (ttm) -41.95M
Shares Out 47.55M
EPS (ttm) -0.88
PE Ratio n/a
Forward PE 72.07
Dividend n/a
Ex-Dividend Date n/a
Volume 265,114
Open 31.01
Previous Close 31.01
Day's Range 30.19 - 31.78
52-Week Range 13.59 - 33.00
Beta 1.93
Analysts Strong Buy
Price Target 29.00 (-6.87%)
Earnings Date Nov 6, 2024

About 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. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services. The company’s products and services include direct-to-garment printing platform for smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP d... [Read more]

Sector Industrials
IPO Date Apr 2, 2015
Employees 873
Stock Exchange NASDAQ
Ticker Symbol KRNT
Full Company Profile

Financial Performance

In 2023, Kornit Digital's revenue was $219.79 million, a decrease of -19.05% compared to the previous year's $271.52 million. Losses were -$64.35 million, -18.61% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for KRNT stock is "Strong Buy." The 12-month stock price forecast is $29.0, which is a decrease of -6.87% from the latest price.

Price Target
$29.0
(-6.87% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Kornit Digital: Turnaround Story Reflected In Valuation - Hold

Last week, leading digital textile printing solutions provider Kornit Digital or "Kornit" reported better than expected Q3/2024 results with profitability well ahead of consensus estimates. While the ...

9 days ago - Seeking Alpha

Kornit Digital Ltd. (KRNT) Q3 2024 Earnings Call Transcript

Kornit Digital Ltd. (NASDAQ:KRNT) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Jared Maymon - Global Head of Investor Relations Ronen Samuel - Chief Executive Off...

14 days ago - Seeking Alpha

Kornit Digital Reports Third Quarter 2024 Results

ROSH-HA`AYIN, Israel, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a global leader in sustainable, on-demand, digital fashion and textile productio...

14 days ago - GlobeNewsWire

Kornit Digital Sets Third Quarter 2024 Earnings Release Date and Webcast

ROSH-HA`AYIN, Israel, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a global leader in sustainable, on-demand digital fashion and textile production...

4 weeks ago - GlobeNewsWire

Top European Manufacturer Boosts Production Capacity with Kornit Apollo

ROSH-HA'AYIN, Israel, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a global leader in sustainable, on-demand digital fashion and textile production...

4 weeks ago - GlobeNewsWire

Kornit Digital Empowers Hybrid Digital to Fuel its Next Stage of Business Growth

ROSH-HA`AYIN, Israel, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashion and textile ...

6 weeks ago - GlobeNewsWire

Monster Digital Adds Significant Digital Production Capacity with the Adoption of 10 Additional Kornit Apollo Systems During 2025

ROSH-HA`AYIN, Israel, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashion and textile...

2 months ago - GlobeNewsWire

DO Apparel Expands Digital Production of Custom Jerseys for Large Sports Brands with Kornit Digital

ROSH-HA`AYIN, Israel, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashion and textile...

2 months ago - GlobeNewsWire

Print Palace Textildruck Redefines the Future of Custom Textiles with Transition of Production Volumes from Screen Printing to On-Demand, Digital Production from Kornit Digital

LAS VEGAS, Sept. 12, 2024 (GLOBE NEWSWIRE) --  PRINTING UNITED EXPO -   Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fash...

2 months ago - GlobeNewsWire

Mad Engine Global, a Leading Provider of Licensed Celebrity and Branded Apparel, Expands On-Demand, Digital Production Fleet with Additional Apollo and Atlas Systems from Kornit Digital

LAS VEGAS, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashion and textile production...

2 months ago - GlobeNewsWire

OGAT and Kornit Digital Revolutionize Fashion Production with On-Demand, Sustainable Technology

LAS VEGAS, Sept. 11, 2024 (GLOBE NEWSWIRE) -- PRINTING UNITED EXPO  --  Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fash...

2 months ago - GlobeNewsWire

Custom Screen-Printing Leader Further Captures the Power of On-Demand Digital Production with Kornit Digital

LAS VEGAS, Sept. 11, 2024 (GLOBE NEWSWIRE) -- PRINTING UNITED EXPO –   Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashi...

2 months ago - GlobeNewsWire

Custom Ink Delivers Fast, Accurate and Premium Quality Custom Apparel with On-Demand Technology from Kornit Digital

LAS VEGAS, Sept. 10, 2024 (GLOBE NEWSWIRE) --  PRINTING UNITED EXPO 2024 –   Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand, digita...

2 months ago - GlobeNewsWire

Kornit Digital Presents Fashion is Choosing On-Demand in Conjunction with PRINTING United Expo 2024

ROSH-HA`AYIN, Israel , Sept. 10, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) is hosting its "Fashion is Choosing On-Demand" investor event today in Las Vegas, in conjunction with its p...

2 months ago - GlobeNewsWire

Kornit Digital Announces Board Authorization of $100 Million Share Repurchase Program

ROSH-HA`AYIN, Israel, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashion and textil...

2 months ago - GlobeNewsWire

Kornit Digital: Investors Cheer New Go-To-Market Approach But Downgrading On Valuation

Kornit Digital reported a mixed second quarter of 2024 as the company continues to experience macroeconomic headwinds with resulting delays in system purchase commitments by customers. Following a ser...

3 months ago - Seeking Alpha

Kornit Digital Ltd. (KRNT) Q2 2024 Earnings Call Transcript

Kornit Digital Ltd. (NASDAQ:KRNT) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Jared Maymon - Global Head of Investor Relations Ronen Samuel - Chief Executive Offic...

3 months ago - Seeking Alpha

Kornit Digital Announces Investor Event to be Held on September 10th in Conjunction with its Participation at the Printing United Trade Show in Las Vegas, NV

ROSH-HA`AYIN, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textil...

3 months ago - GlobeNewsWire

Kornit Digital Reports Second Quarter 2024 Results

ROSH-HA`AYIN, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textil...

3 months ago - GlobeNewsWire

Kornit Digital Sets Second Quarter 2024 Earnings Release Date and Webcast

ROSH-HA`AYIN, Israel, July 22, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textil...

4 months ago - GlobeNewsWire

Kornit Digital to Participate in William Blair 44th Annual Growth Stock Conference

ROSH-HA`AYIN, Israel, June 03, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textil...

6 months ago - GlobeNewsWire

Kornit Digital Ltd. (KRNT) Q1 2024 Earnings Call Transcript

Kornit Digital Ltd. (NASDAQ:KRNT) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Jared Maymon - Global Head-IR Ronen Samuel - CEO Lauri Hanover - CFO Conference Call Par...

7 months ago - Seeking Alpha

Kornit Digital Reports First Quarter 2024 Results

ROSH-HA`AYIN, Israel, May 08, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile...

7 months ago - GlobeNewsWire

Kornit Digital Sets First Quarter 2024 Earnings Release Date and Webcast

ROSH-HA`AYIN, Israel, April 17, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and texti...

7 months ago - GlobeNewsWire

Kornit Digital Announces Filing and Availability of Its Annual Report on Form 20-F

ROSH-HA`AYIN, Israel, April 01, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and texti...

8 months ago - GlobeNewsWire