Karat Packaging Inc. (KRT)
NASDAQ: KRT · Real-Time Price · USD
31.21
-0.24 (-0.76%)
May 20, 2025, 4:00 PM - Market closed
Karat Packaging Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for Karat Packaging stock ranges from a low of $31 to a high of $36. The average analyst price target of $33.5 forecasts a 7.34% increase in the stock price over the next year.
Price Target: $33.50 (+7.34%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Karat Packaging stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $28 → $31 | Hold | Maintains | $28 → $31 | -0.67% | May 12, 2025 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 2, 2025 |
| Stifel | Stifel | Strong Buy Maintains $32 → $36 | Strong Buy | Maintains | $32 → $36 | +15.35% | Dec 11, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $34 → $28 | Strong Buy → Hold | Downgrades | $34 → $28 | -10.29% | Aug 9, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $24 → $33 | Strong Buy | Maintains | $24 → $33 | +5.74% | Mar 15, 2024 |
Financial Forecast
Revenue This Year
469.28M
from 422.63M
Increased by 11.04%
Revenue Next Year
503.52M
from 469.28M
Increased by 7.30%
EPS This Year
1.67
from 1.49
Increased by 12.18%
EPS Next Year
1.86
from 1.67
Increased by 11.18%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 490.7M | 534.2M | 560.7M |
| Avg | 469.3M | 503.5M | 539.3M |
| Low | 452.8M | 478.1M | 523.3M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 16.1% | 13.8% | 11.4% |
| Avg | 11.0% | 7.3% | 7.1% |
| Low | 7.1% | 1.9% | 3.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.77 | 1.97 | 2.11 |
| Avg | 1.67 | 1.86 | 2.03 |
| Low | 1.59 | 1.76 | 1.97 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 19.1% | 18.1% | 13.6% |
| Avg | 12.2% | 11.2% | 9.2% |
| Low | 6.6% | 5.5% | 6.0% |
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.