Karat Packaging Inc. (KRT)
NASDAQ: KRT · Real-Time Price · USD
27.25
-0.41 (-1.48%)
Mar 28, 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 17.43% from the current stock price of 27.25.
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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 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 | +32.11% | Dec 11, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $34 → $28 | Strong Buy → Hold | Downgrades | $34 → $28 | +2.75% | Aug 9, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $24 → $33 | Strong Buy | Maintains | $24 → $33 | +21.10% | Mar 15, 2024 |
| Stifel | Stifel | Strong Buy Reiterates $30 → $32 | Strong Buy | Reiterates | $30 → $32 | +17.43% | Mar 15, 2024 |
Financial Forecast
Revenue This Year
458.58M
from 422.63M
Increased by 8.51%
Revenue Next Year
484.80M
from 458.58M
Increased by 5.72%
EPS This Year
1.65
from 1.49
Increased by 10.49%
EPS Next Year
1.88
from 1.65
Increased by 14.31%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 478.9M | 504.0M | 533.4M |
| Avg | 458.6M | 484.8M | 513.1M |
| Low | 443.2M | 470.4M | 497.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 13.3% | 9.9% | 10.0% |
| Avg | 8.5% | 5.7% | 5.8% |
| Low | 4.9% | 2.6% | 2.7% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.79 | 2.01 |
| Avg | 1.65 | 1.88 |
| Low | 1.56 | 1.78 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 19.8% | 21.8% |
| Avg | 10.5% | 14.3% |
| Low | 4.6% | 8.3% |
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.