Kornit Digital Ltd. (KRNT)
NASDAQ: KRNT · IEX Real-Time Price · USD
15.87
+0.18 (1.15%)
At close: Apr 23, 2024, 4:00 PM
15.58
-0.29 (-1.83%)
After-hours: Apr 23, 2024, 4:05 PM 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 55.45% from the current stock price of 15.87.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 9, 2023.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $29 → $24 | Buy | Maintains | $29 → $24 | +51.23% | Nov 9, 2023 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $23 | Hold → Strong Buy | Upgrades | $23 | +44.93% | Nov 9, 2023 |
| Needham | Needham | Strong Buy Maintains $31 → $27 | Strong Buy | Maintains | $31 → $27 | +70.13% | Nov 9, 2023 |
| Needham | Needham | Strong Buy Maintains $33 → $31 | Strong Buy | Maintains | $33 → $31 | +95.34% | Aug 10, 2023 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $29 | Hold → Buy | Upgrades | $29 | +82.73% | Aug 10, 2023 |
Financial Forecast
Revenue This Year
229.90M
from 219.79M
Increased by 4.60%
Revenue Next Year
262.68M
from 229.90M
Increased by 14.26%
EPS This Year
0.10
from -1.31
EPS Next Year
0.38
from 0.10
Increased by 266.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 241.4M | 284.3M | 328.5M |
| Avg | 229.9M | 262.7M | 308.0M |
| Low | 215.7M | 244.0M | 285.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.8% | 23.6% | 25.0% |
| Avg | 4.6% | 14.3% | 17.2% |
| Low | -1.9% | 6.1% | 8.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.21 | 0.47 | 0.72 |
| Avg | 0.10 | 0.38 | 0.58 |
| Low | -0.06 | 0.30 | 0.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 354.2% | 89.9% |
| Avg | - | 266.7% | 52.4% |
| Low | - | 192.0% | 15.6% |
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.