Kornit Digital Ltd. (KRNT)
NASDAQ: KRNT · IEX Real-Time Price · USD
15.26
-0.20 (-1.29%)
At close: Jul 19, 2024, 4:00 PM
15.27
+0.01 (0.07%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Kornit Digital Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Kornit Digital stock have an average target of 24.67, with a low estimate of 23 and a high estimate of 27. The average target predicts an increase of 61.66% from the current stock price of 15.26.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for Kornit Digital stock from 3 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 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +76.93% | May 9, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $29 → $24 | Buy | Maintains | $29 → $24 | +57.27% | Nov 9, 2023 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $23 | Hold → Strong Buy | Upgrades | $23 | +50.72% | Nov 9, 2023 |
| Needham | Needham | Strong Buy Maintains $31 → $27 | Strong Buy | Maintains | $31 → $27 | +76.93% | Nov 9, 2023 |
| Needham | Needham | Strong Buy Maintains $33 → $31 | Strong Buy | Maintains | $33 → $31 | +103.15% | Aug 10, 2023 |
Financial Forecast
Revenue This Year
209.92M
from 219.79M
Decreased by -4.49%
Revenue Next Year
239.72M
from 209.92M
Increased by 14.20%
EPS This Year
0.12
from -1.31
EPS Next Year
0.36
from 0.12
Increased by 200.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 219.2M | 254.9M | 288.5M |
| Avg | 209.9M | 239.7M | 269.2M |
| Low | 198.0M | 215.6M | 247.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.2% | 21.4% | 20.3% |
| Avg | -4.5% | 14.2% | 12.3% |
| Low | -9.9% | 2.7% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.22 | 0.47 | 0.54 |
| Avg | 0.12 | 0.36 | 0.49 |
| Low | 0.01 | 0.25 | 0.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 297.0% | 49.6% |
| Avg | - | 200.7% | 36.8% |
| Low | - | 114.1% | 23.2% |
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.