Karat Packaging Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Karat Packaging stock has a consensus rating of "Buy" and an average price target of $31. The average 1-year stock price forecast is 8.96% higher than the current stock price, while the lowest is $23 (-19.16%) and the highest is $39 (+37.08%).

Price Target: $31 (+8.96%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$23	$31	$31	$39
Change	-19.16%	+8.96%	+8.96%	+37.08%

* Price targets were last updated on May 6, 2026.

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	Nov '25	Jan '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	1	1	1	1	2
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	0
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Merkel William Blair	William Blair	Buy Upgrades n/a	Buy	Upgrades	n/a	n/a	Jun 3, 2026
Ryan Meyers Lake Street	Lake Street	Buy Reiterates $39	Buy	Reiterates	$39	+37.08%	May 6, 2026
George Staphos Bank of America Securities	Bank of America Securities	Sell Maintains $24	Sell	Maintains	$24	-15.64%	Apr 6, 2026

Financial Forecast

Revenue This Year

524.55M

from 467.74M

12.14%

from 467.74M

Revenue Next Year

567.21M

from 524.55M

8.13%

from 524.55M

EPS This Year

1.82

from 1.61

13.04%

from 1.61

EPS Next Year

2.43

from 1.82

33.52%

from 1.82

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	364.24M	422.96M	405.65M	422.63M	467.74M	524.55M
Revenue Growth	23.26%	16.12%	-4.09%	4.19%	10.67%	12.14%
Gross Profit	107.83M	132.09M	153.04M	164.33M	172.14M	185.43M
Gross Margin	29.60%	31.23%	37.73%	38.88%	36.80%	35.35%
Operating Income	23.15M	29.98M	44.60M	40.51M	40.92M	44.48M
Net Income	20.78M	23.65M	32.47M	29.98M	31.48M	35.09M
EPS	-	-	-	-	1.61	1.82
EPS Growth	-	-	-	-	-1.83%	13.04%
Forward PE	14.57	9.08	10.85	15.95	14.66	15.63
Dividend / Share	-	-	0.30	1.40	1.80	1.80
Dividend Growth	-	-	-	366.67%	28.57%	-0.14%
Free Cash Flow	-6.57M	11.87M	41.00M	42.63M	28.98M	50.00M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	526.0M
Avg	524.5M
Low	523.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.5%
Avg	12.1%
Low	11.8%

EPS Forecast

EPS	2026	2027	2028
High	1.82
Avg	1.82
Low	1.82

EPS Growth

EPS Growth	2026	2027	2028
High	13.0%
Avg	13.0%
Low	13.0%