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
Kornit Digital Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Kornit Digital stock have an average target of 29, with a low estimate of 26 and a high estimate of 33. The average target predicts a decrease of -6.87% from the current stock price of 31.14.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Kornit Digital 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $27 → $33 | Strong Buy | Maintains | $27 → $33 | +5.97% | Nov 7, 2024 |
| Needham | Needham | Strong Buy Maintains $27 → $31 | Strong Buy | Maintains | $27 → $31 | -0.45% | Nov 7, 2024 |
| Barclays | Barclays | Hold Maintains $21 → $26 | Hold | Maintains | $21 → $26 | -16.51% | Oct 1, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $20 → $26 | Buy | Maintains | $20 → $26 | -16.51% | Sep 13, 2024 |
| Needham | Needham | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | -13.29% | Sep 12, 2024 |
Financial Forecast
Revenue This Year
207.57M
from 219.79M
Decreased by -5.56%
Revenue Next Year
229.03M
from 207.57M
Increased by 10.34%
EPS This Year
0.24
from -1.31
EPS Next Year
0.43
from 0.24
Increased by 82.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 214.0M | 246.8M | 267.5M |
| Avg | 207.6M | 229.0M | 255.0M |
| Low | 198.9M | 212.2M | 240.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.6% | 18.9% | 16.8% |
| Avg | -5.6% | 10.3% | 11.3% |
| Low | -9.5% | 2.2% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.26 | 0.51 | 0.77 |
| Avg | 0.24 | 0.43 | 0.66 |
| Low | 0.22 | 0.31 | 0.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 116.3% | 76.5% |
| Avg | - | 82.6% | 52.7% |
| Low | - | 31.9% | 28.7% |
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.