Kornit Digital (KRNT) Projected to Post Earnings on Wednesday

Kornit Digital (NASDAQ:KRNT) is expected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 14th. Analysts expect Kornit Digital to post earnings of ($0.04) per share and revenue of $47.26 million for the quarter. Kornit Digital has set its Q1 2025 guidance at EPS.

Kornit Digital (NASDAQ:KRNT) last issued its earnings results on Wednesday, February 12th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.14). Kornit Digital had a negative net margin of 8.24% and a negative return on equity of 1.51%. On average, analysts expect Kornit Digital to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kornit Digital Price Performance

Shares of KRNT stock opened at $19.19 on Monday. The company’s fifty day simple moving average is $19.43 and its two-hundred day simple moving average is $25.94. Kornit Digital has a 1 year low of $13.59 and a 1 year high of $34.29. The stock has a market capitalization of $912.52 million, a price-to-earnings ratio of -54.83 and a beta of 2.00.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on KRNT shares. Needham & Company LLC lowered their target price on shares of Kornit Digital from $34.00 to $28.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Cantor Fitzgerald raised shares of Kornit Digital to a “strong-buy” rating in a report on Thursday, February 27th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $32.80.

Kornit Digital Company Profile

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.