Kornit Digital (KRNT)

• Market cap: $1.42B
• 1 day: 0.00%
• 5 days: -3.84%
• 1 month: -5.76%
• 3 months: 21.61%
• 6 months: 101.56%
• Year to date: -3.19%
• 1 year: 79.01%
• 5 years: -22.86%
• 10 years: 112.64%

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 Q3 regulatory filings by fund managers ($100M+ AUM)

133% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 7 (+4) [Q3]

82% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 17

69% more capital invested

Capital invested by funds: $711M [Q2] → $1.2B (+$491M) [Q3]

8% more funds holding

Funds holding: 148 [Q2] → 160 (+12) [Q3]

4.19% less ownership

Funds ownership: 101.67% [Q2] → 97.48% (-4.19%) [Q3]

21% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 58

91% less call options, than puts

Call options by funds: $1.12M | Put options by funds: $12.2M

Research analyst outlook

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

• Low target: $31 4% upside
• Avg. target: $35 18% upside
• High target: $39 31% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Morgan Stanley Erik Woodring 48% 1-year accuracy 13 / 27 met price target	28% upside $38	Overweight Maintained	16 Dec 2024
Cantor Fitzgerald Troy Jensen 38% 1-year accuracy 12 / 32 met price target	31% upside $39	Overweight Initiated	26 Nov 2024
Craig-Hallum Greg Palm 52% 1-year accuracy 13 / 25 met price target	11% upside $33	Buy Maintained	7 Nov 2024
Needham James Ricchiuti 61% 1-year accuracy 65 / 107 met price target	4% upside $31	Buy Maintained	7 Nov 2024