Analysts Set Expectations for Kornit Digital FY2025 Earnings

Kornit Digital Ltd. (NASDAQ:KRNT) – Investment analysts at Cantor Fitzgerald boosted their FY2025 earnings per share (EPS) estimates for Kornit Digital in a note issued to investors on Thursday, November 6th. Cantor Fitzgerald analyst T. Jensen now expects that the industrial products company will post earnings of ($0.25) per share for the year, up from their previous estimate of ($0.30). Cantor Fitzgerald has a “Overweight” rating and a $26.00 price objective on the stock. The consensus estimate for Kornit Digital’s current full-year earnings is ($0.20) per share. Cantor Fitzgerald also issued estimates for Kornit Digital’s FY2026 earnings at ($0.33) EPS.

Kornit Digital (NASDAQ:KRNT) last issued its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.05. The firm had revenue of $53.13 million during the quarter, compared to the consensus estimate of $51.79 million. Kornit Digital had a negative return on equity of 0.74% and a negative net margin of 5.43%.The company’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the company earned $0.11 earnings per share. Kornit Digital has set its Q4 2025 guidance at EPS.

Several other equities analysts have also recently issued reports on KRNT. Needham & Company LLC lowered their price objective on Kornit Digital from $25.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Barclays lowered their price target on Kornit Digital from $22.00 to $18.00 and set an “equal weight” rating on the stock in a report on Thursday, November 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Kornit Digital in a report on Wednesday, October 8th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $15.00 target price (down previously from $20.00) on shares of Kornit Digital in a research report on Thursday, November 6th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Kornit Digital has a consensus rating of “Hold” and a consensus target price of $19.75.

Kornit Digital Stock Down 2.3%

NASDAQ:KRNT opened at $12.91 on Monday. The stock has a market cap of $578.30 million, a price-to-earnings ratio of -51.64 and a beta of 1.94. The company’s 50 day moving average price is $14.08 and its 200-day moving average price is $17.55. Kornit Digital has a 52 week low of $11.93 and a 52 week high of $34.28.

Institutional Trading of Kornit Digital

A number of hedge funds have recently bought and sold shares of KRNT. Raymond James Financial Inc. purchased a new position in Kornit Digital in the second quarter worth about $31,000. State of Tennessee Department of Treasury bought a new position in shares of Kornit Digital in the 2nd quarter worth approximately $35,000. Fortitude Family Office LLC bought a new position in shares of Kornit Digital in the 2nd quarter worth approximately $99,000. Headlands Technologies LLC purchased a new position in shares of Kornit Digital in the first quarter worth approximately $101,000. Finally, Captrust Financial Advisors bought a new stake in Kornit Digital during the second quarter valued at approximately $214,000. Hedge funds and other institutional investors own 92.76% of the company’s stock.

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.