share_log

Where Kornit Digital Stands With Analysts

Benzinga Real-time News ·  Jan 18, 2023 15:02

Over the past 3 months, 4 analysts have published their opinion on Kornit Digital (NASDAQ:KRNT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings21100
Last 30D00100
1M Ago00000
2M Ago00000
3M Ago21000

In the last 3 months, 4 analysts have offered 12-month price targets for Kornit Digital. The company has an average price target of $35.75 with a high of $42.00 and a low of $27.00.

Below is a summary of how these 4 analysts rated Kornit Digital over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

This current average represents a 25.52% decrease from the previous average price target of $48.00.

Stay up to date on Kornit Digital analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Analyst Ratings: What Are They?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment