Wasatch Advisors LP Has $7.05 Million Stock Holdings in Kornit Digital Ltd. $KRNT

Wasatch Advisors LP lifted its position in shares of Kornit Digital Ltd. (NASDAQ:KRNT) by 145.9% during the 2nd quarter, Holdings Channel reports. The firm owned 433,968 shares of the industrial products company’s stock after purchasing an additional 257,478 shares during the quarter. Wasatch Advisors LP’s holdings in Kornit Digital were worth $7,052,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the company. CIBC Private Wealth Group LLC increased its position in Kornit Digital by 1,359.8% during the third quarter. CIBC Private Wealth Group LLC now owns 1,927 shares of the industrial products company’s stock worth $26,000 after buying an additional 1,795 shares during the last quarter. Johnson Financial Group Inc. acquired a new stake in shares of Kornit Digital in the third quarter valued at approximately $27,000. Raymond James Financial Inc. acquired a new stake in shares of Kornit Digital in the second quarter valued at approximately $31,000. State of Tennessee Department of Treasury bought a new position in shares of Kornit Digital during the 2nd quarter worth approximately $35,000. Finally, Quadrature Capital Ltd bought a new position in shares of Kornit Digital during the 4th quarter worth approximately $144,000. 92.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on KRNT shares. Zacks Research cut Kornit Digital from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 30th. Morgan Stanley lifted their price objective on shares of Kornit Digital from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 23rd. Finally, Needham & Company LLC increased their price objective on shares of Kornit Digital from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $21.25.

Trending Headlines about Kornit Digital

Here are the key news stories impacting Kornit Digital this week:

• Positive Sentiment: Quarterly earnings and revenue beat estimates. Kornit reported adjusted EPS of $0.04, compared with the consensus estimate of a $0.01 loss, while revenue reached $55.3 million versus expectations of $52.8 million. Revenue increased 11.1% year over year, and EPS improved from $0.03 in the prior-year quarter. Kornit Digital Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Growth metrics pointed to improving recurring and usage-based revenue. Annual recurring revenue rose 79% year over year to $33.8 million, AIC revenue increased 112%, and trailing-12-month impressions grew 15%. Kornit also reported positive operating cash flow for the 11th consecutive quarter and said screen-market systems represented approximately 60% of second-quarter and first-half sales. Kornit Digital Reports Second Quarter 2026 Results
• Positive Sentiment: Analyst confidence increased. Needham raised its price target from $22 to $23 and maintained a Buy rating, implying substantial upside from the recent trading level. Needham Raises Kornit Digital Price Target
• Neutral Sentiment: Third-quarter revenue guidance was set at $55 million to $60 million. The midpoint is above the $55.3 million analyst consensus, but the company did not provide a specific EPS outlook. Kornit Digital Earnings Report and Conference Call
• Negative Sentiment: Profitability remains incomplete. Kornit still posted a negative net margin and negative return on equity, while analysts expect a full-year loss. Sustaining the recent revenue growth and converting it into consistent GAAP profitability will remain key risks for KRNT.

Kornit Digital Stock Up 0.3%

Shares of NASDAQ:KRNT opened at $17.64 on Thursday. Kornit Digital Ltd. has a 12-month low of $11.93 and a 12-month high of $19.78. The business has a 50 day moving average of $15.89 and a 200-day moving average of $15.41. The stock has a market cap of $757.99 million, a PE ratio of -45.23 and a beta of 1.72.

Kornit Digital (NASDAQ:KRNT) last announced its earnings results on Wednesday, August 12th. The industrial products company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $55.32 million for the quarter, compared to analyst estimates of $52.80 million. Kornit Digital had a negative return on equity of 1.15% and a negative net margin of 7.93%.The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.03 earnings per share. Equities research analysts expect that Kornit Digital Ltd. will post -0.31 earnings per share for the current year.

Kornit Digital Company Profile

Kornit Digital Ltd. (NASDAQ: KRNT) is a global technology company specializing in digital textile printing solutions. Headquartered in Rosh Ha’Ayin, Israel, Kornit develops and manufactures an integrated ecosystem of industrial inkjet printers, proprietary NeoPigment inks and pretreatment systems. Its product portfolio addresses a range of applications including direct-to-garment, direct-to-fabric, digital embellishment and hybrid manufacturing, enabling businesses to produce custom apparel, sportswear, fashion and home textiles on demand.

The company’s flagship offerings include the Avalanche and Atlas series for high-volume production, as well as the Storm and Helix lines designed for mid-to-large scale operations.