KRNT icon

Kornit Digital

21.18 USD
+1.21
6.06%
At close Mar 11, 4:00 PM EDT
1 day
6.06%
5 days
-9.25%
1 month
-27.34%
3 months
-34.14%
6 months
-6.49%
Year to date
-31.12%
1 year
15.05%
5 years
-38.57%
10 years
51.29%
 

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

0
Funds holding %
of 7,363 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

25% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 52

24% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 21

18% more capital invested

Capital invested by funds: $1.2B [Q3] → $1.42B (+$218M) [Q4]

14% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 8 (+1) [Q4]

1% more funds holding

Funds holding: 160 [Q3] → 162 (+2) [Q4]

1.4% less ownership

Funds ownership: 97.46% [Q3] → 96.06% (-1.4%) [Q4]

78% less call options, than puts

Call options by funds: $2.39M | Put options by funds: $10.8M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$34
61%
upside
Avg. target
$37
75%
upside
High target
$39
84%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Cantor Fitzgerald
Troy Jensen
31% 1-year accuracy
10 / 32 met price target
84%upside
$39
Overweight
Reiterated
13 Feb 2025
Needham
James Ricchiuti
24% 1-year accuracy
28 / 119 met price target
61%upside
$34
Buy
Maintained
12 Feb 2025
Morgan Stanley
Erik Woodring
34% 1-year accuracy
11 / 32 met price target
79%upside
$38
Overweight
Maintained
16 Dec 2024

Financial journalist opinion

Based on 5 articles about KRNT published over the past 30 days

Neutral
GlobeNewsWire
2 weeks ago
American Classics Apparel, Inc. Leads the Digital Revolution in Licensed Music, Movie, and Gaming Apparel with On-Demand Technology from Kornit Digital
ROSH-HA'AYIN, Israel, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced that American Classics Apparel, Inc., a top wholesaler of licensed music, movie, and gaming apparel, is adopting the Kornit Apollo platform. This next-generation direct-to-garment powerhouse accelerates the company's shift from traditional screen printing to high-speed digital production – ensuring it can keep pace with the surging customer demand and rapid growth of the e-tailer marketplace.
American Classics Apparel, Inc. Leads the Digital Revolution in Licensed Music, Movie, and Gaming Apparel with On-Demand Technology from Kornit Digital
Positive
Seeking Alpha
2 weeks ago
Kornit Digital: Business Model Transformation Is Gaining Traction, But Shares Remain Fully-Valued
Textile printing solutions provider Kornit Digital reported fourth quarter 2024 results in line with management's projections. Revenues of $60.7 million, gross margins of 55.1% and Adjusted EBITDA of $8.4 million all represented new recovery highs for the company. Free cash flow of $24.7 million was impressive. The company entered into a $75 million accelerated share repurchase program which is expected to be completed in June.
Kornit Digital: Business Model Transformation Is Gaining Traction, But Shares Remain Fully-Valued
Neutral
Seeking Alpha
3 weeks ago
Kornit Digital Ltd. (KRNT) Q4 2024 Earnings Call Transcript
Kornit Digital Ltd. (NASDAQ:KRNT ) Q4 2024 Results Conference Call February 12, 2025 8:30 AM ET Company Participants Jared Maymon - Investor Relations Ronen Samuel - Chief Executive Officer Lauri Hanover - Chief Financial Officer Conference Call Participants Greg Palm - Craig Hallum Capital Group Brian Drab - William Blair James Ricchiuti - Needham & Company Troy Jensen - Cantor Fitzgerald Chris Moore - CJS Securities Tavy Rosner - Barclays Operator Greetings, and welcome to Kornit Digital Fourth Quarter and Full Year 2024 Earnings Conference Call.
Kornit Digital Ltd. (KRNT) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
3 weeks ago
Kornit Digital (KRNT) Lags Q4 Earnings Estimates
Kornit Digital (KRNT) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.08 per share a year ago.
Kornit Digital (KRNT) Lags Q4 Earnings Estimates
Neutral
GlobeNewsWire
3 weeks ago
Kornit Digital Reports Fourth Quarter and Full Year 2024 Results
ROSH-HA`AYIN, Israel, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported its results for the fourth quarter and full year ended December 31, 2024.
Kornit Digital Reports Fourth Quarter and Full Year 2024 Results
Neutral
GlobeNewsWire
1 month ago
Kornit Digital Sets Fourth Quarter and Full Year 2024 Earnings Release Date and Webcast
ROSH-HA`AYIN, Israel, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (Nasdaq: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the fourth quarter and full year ended December 31, 2024, on Wednesday, February 12, 2025, prior to the market open.
Kornit Digital Sets Fourth Quarter and Full Year 2024 Earnings Release Date and Webcast
Neutral
Zacks Investment Research
2 months ago
Is the Options Market Predicting a Spike in Kornit Digital (KRNT) Stock?
Investors need to pay close attention to Kornit Digital (KRNT) stock based on the movements in the options market lately.
Is the Options Market Predicting a Spike in Kornit Digital (KRNT) Stock?
Positive
Zacks Investment Research
3 months ago
Kornit Digital (KRNT) is a Great Momentum Stock: Should You Buy?
Does Kornit Digital (KRNT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Kornit Digital (KRNT) is a Great Momentum Stock: Should You Buy?
Positive
Zacks Investment Research
3 months ago
Kornit Digital Ltd. (KRNT) Soars to 52-Week High, Time to Cash Out?
Kornit Digital (KRNT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Kornit Digital Ltd. (KRNT) Soars to 52-Week High, Time to Cash Out?
Positive
Seeking Alpha
3 months ago
Kornit Digital: Turnaround Story Reflected In Valuation - Hold
Last week, leading digital textile printing solutions provider Kornit Digital or "Kornit" reported better than expected Q3/2024 results with profitability well ahead of consensus estimates. While the company has experienced macroeconomic headwinds in recent quarters, decisive restructuring actions have resulted in recovering margins and cash flows. Kornit's business is showing signs of recovery, which, in combination with persistent demand for the new AIC lease offering, should result in a return to growth next year.
Kornit Digital: Turnaround Story Reflected In Valuation - Hold
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