Kornit DigitalKRNT
Market Cap: $1.16B
About: Kornit Digital Ltd develops, designs and markets digital printing solutions for the world-wide printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions The company geographically operates in U.S., EMEA, Asia Pacific and other countries. It derives maximum revenue from U.S.
Employees: 873
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
17% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 48
4.7% less ownership
Funds ownership: 98.12% [Q1] → 93.42% (-4.7%) [Q2]
6% less funds holding
Funds holding: 157 [Q1] → 148 (-9) [Q2]
27% less capital invested
Capital invested by funds: $889M [Q1] → $653M (-$236M) [Q2]
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
74% less call options, than puts
Call options by funds: $767K | Put options by funds: $2.93M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Morgan Stanley Erik Woodring 65% 1-year accuracy 22 / 34 met price target | 7%upside $26 | Overweight Maintained | 13 Sept 2024 |
Needham James Ricchiuti 62% 1-year accuracy 65 / 105 met price target | 12%upside $27 | Buy Reiterated | 12 Sept 2024 |
Craig-Hallum Greg Palm 67% 1-year accuracy 12 / 18 met price target | 12%upside $27 | Buy Maintained | 11 Sept 2024 |
Needham James Ricchiuti 62% 1-year accuracy 65 / 105 met price target | 12%upside $27 | Buy Reiterated | 8 Aug 2024 |
Financial journalist opinion
Based on 8 articles about KRNT published over the past 30 days