Kornit Digital Ltd. (NASDAQ:KRNT – Free Report) – Stock analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for Kornit Digital in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst T. Jensen anticipates that the industrial products company will post earnings of ($0.31) per share for the year. Cantor Fitzgerald has a “Strong-Buy” rating on the stock. The consensus estimate for Kornit Digital’s current full-year earnings is ($0.20) per share.
Other equities research analysts have also issued research reports about the stock. Morgan Stanley reissued an “overweight” rating on shares of Kornit Digital in a report on Thursday, May 15th. Needham & Company LLC reissued a “buy” rating and issued a $30.00 price target on shares of Kornit Digital in a report on Thursday, June 5th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Kornit Digital currently has an average rating of “Moderate Buy” and a consensus price target of $33.20.
Kornit Digital Price Performance
Shares of Kornit Digital stock opened at $22.50 on Wednesday. The firm has a market capitalization of $1.07 billion, a PE ratio of -64.29 and a beta of 1.93. The company’s fifty day moving average price is $20.11 and its two-hundred day moving average price is $24.99. Kornit Digital has a 52-week low of $13.59 and a 52-week high of $34.29.
Institutional Trading of Kornit Digital
A number of institutional investors and hedge funds have recently modified their holdings of the stock. US Bancorp DE boosted its position in Kornit Digital by 7.4% during the 4th quarter. US Bancorp DE now owns 8,294 shares of the industrial products company’s stock worth $257,000 after acquiring an additional 572 shares during the last quarter. California State Teachers Retirement System lifted its holdings in Kornit Digital by 1.2% during the 4th quarter. California State Teachers Retirement System now owns 46,855 shares of the industrial products company’s stock valued at $1,450,000 after purchasing an additional 575 shares during the last quarter. American Century Companies Inc. lifted its holdings in Kornit Digital by 8.5% during the 4th quarter. American Century Companies Inc. now owns 11,120 shares of the industrial products company’s stock valued at $344,000 after purchasing an additional 874 shares during the last quarter. Parkside Financial Bank & Trust increased its position in Kornit Digital by 35.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 3,773 shares of the industrial products company’s stock worth $117,000 after buying an additional 988 shares during the period. Finally, Handelsbanken Fonder AB increased its position in Kornit Digital by 6.0% during the 4th quarter. Handelsbanken Fonder AB now owns 17,657 shares of the industrial products company’s stock worth $546,000 after buying an additional 1,000 shares during the period. 92.76% of the stock is owned by institutional investors.
About Kornit Digital
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services.
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