Karat Packaging Inc. (KRT)
NASDAQ: KRT · Real-Time Price · USD
26.11
+0.20 (0.77%)
Apr 25, 2025, 4:00 PM EDT - Market closed
Karat Packaging Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Karat Packaging stock have an average target of 32, with a low estimate of 28 and a high estimate of 36. The average target predicts an increase of 22.56% from the current stock price of 26.11.
Analyst Consensus: Buy
* Price targets were last updated on Dec 11, 2024.
Analyst Ratings
The average analyst rating for Karat Packaging stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +37.88% | Dec 11, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $34 → $28 | Strong Buy → Hold | Downgrades | $34 → $28 | +7.24% | Aug 9, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $24 → $33 | Strong Buy | Maintains | $24 → $33 | +26.39% | Mar 15, 2024 |
| Stifel | Stifel | Strong Buy Reiterates $30 → $32 | Strong Buy | Reiterates | $30 → $32 | +22.56% | Mar 15, 2024 |
Financial Forecast
Revenue This Year
466.04M
from 422.63M
Increased by 10.27%
Revenue Next Year
495.49M
from 466.04M
Increased by 6.32%
EPS This Year
1.61
from 1.49
Increased by 8.12%
EPS Next Year
1.86
from 1.61
Increased by 15.36%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 485.9M | 520.0M | 533.4M |
| Avg | 466.0M | 495.5M | 513.1M |
| Low | 451.3M | 473.9M | 497.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 15.0% | 11.6% | 7.7% |
| Avg | 10.3% | 6.3% | 3.6% |
| Low | 6.8% | 1.7% | 0.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.68 | 1.95 |
| Avg | 1.61 | 1.86 |
| Low | 1.56 | 1.78 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 12.8% | 21.2% |
| Avg | 8.1% | 15.4% |
| Low | 4.6% | 10.7% |
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.