While Kornit Digital Ltd has overperformed by 0.82%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KRNT fell by -56.25%, with highs and lows ranging from $34.28 to $12.78, whereas the simple moving average fell by -35.37% in the last 200 days.
On April 08, 2025, Needham Reiterated Kornit Digital Ltd (NASDAQ: KRNT) to Buy. A report published by Cantor Fitzgerald on November 26, 2024, Initiated its previous ‘Overweight’ rating for KRNT. Craig Hallum also Upgraded KRNT shares as ‘Buy’, setting a target price of $23 on the company’s shares in a report dated November 09, 2023. Barclays February 16, 2023d its ‘Overweight’ rating to ‘Equal Weight’ for KRNT, as published in its report on February 16, 2023. Morgan Stanley’s report from January 18, 2023 suggests a price prediction of $27 for KRNT shares, giving the stock a ‘Equal-Weight’ rating. Stifel also rated the stock as ‘Hold’.
Analysis of Kornit Digital Ltd (KRNT)
Further, the quarter-over-quarter increase in sales is 1.68%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Kornit Digital Ltd’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -1.51% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 11.64, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and KRNT is recording an average volume of 367.10K. On a monthly basis, the volatility of the stock is set at 4.24%, whereas on a weekly basis, it is put at 4.90%, with a loss of -0.66% over the past seven days. Furthermore, long-term investors anticipate a median target price of $23.92, showing growth from the present price of $13.54, which can serve as yet another indication of whether KRNT is worth investing in or should be passed over.
How Do You Analyze Kornit Digital Ltd Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.01%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 98.58% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
