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Craig-Hallum Keeps Their Buy Rating on Kornit Digital (KRNT)

Tipranks - Tipranks - Sat May 31, 2025

In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Kornit Digital (KRNT – Research Report). The company’s shares opened today at $22.36.

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Palm covers the Technology sector, focusing on stocks such as nLIGHT, 3D Systems, and Faro Technologies. According to TipRanks, Palm has an average return of 8.9% and a 51.69% success rate on recommended stocks.

Currently, the analyst consensus on Kornit Digital is a Strong Buy with an average price target of $29.75, implying a 33.05% upside from current levels. In a report released on May 15, Needham also maintained a Buy rating on the stock with a $30.00 price target.

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Based on Kornit Digital’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $60.7 million and a net profit of $2.22 million. In comparison, last year the company earned a revenue of $56.59 million and had a GAAP net loss of $22.93 million

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