Kornit Digital (NASDAQ:KRNT – Get Free Report) is projected to release its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $52.8030 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 12, 2026 at 8:30 AM ET.
Kornit Digital (NASDAQ:KRNT – Get Free Report) last posted its earnings results on Wednesday, May 13th. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). The business had revenue of $48.54 million during the quarter, compared to analyst estimates of $46.67 million. Kornit Digital had a negative return on equity of 1.15% and a negative net margin of 7.93%.The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.01 earnings per share. On average, analysts expect Kornit Digital to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.
Kornit Digital Stock Performance
Kornit Digital stock opened at $15.28 on Wednesday. The stock’s 50 day moving average price is $15.71 and its 200 day moving average price is $15.27. The firm has a market capitalization of $656.58 million, a PE ratio of -39.18 and a beta of 1.73. Kornit Digital has a one year low of $11.93 and a one year high of $21.29.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on KRNT
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the business. Van ECK Associates Corp boosted its holdings in Kornit Digital by 6.9% in the fourth quarter. Van ECK Associates Corp now owns 12,742 shares of the industrial products company’s stock valued at $183,000 after purchasing an additional 820 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in Kornit Digital by 11.9% during the 4th quarter. Public Employees Retirement System of Ohio now owns 12,200 shares of the industrial products company’s stock valued at $175,000 after purchasing an additional 1,300 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Kornit Digital during the 2nd quarter worth approximately $31,000. State of Tennessee Department of Treasury purchased a new stake in Kornit Digital during the 2nd quarter worth approximately $35,000. Finally, CIBC Private Wealth Group LLC raised its position in shares of Kornit Digital by 1,359.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,927 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 1,795 shares in the last quarter. Institutional investors and hedge funds own 92.76% of the company’s stock.
About Kornit Digital
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.
Recommended Stories
- Five stocks we like better than Kornit Digital
- Amazon’s Satellite Push Raises the Stakes for SpaceX and AST SpaceMobile
- NVIDIA’s OpenAI Backstop Puts AI Financing Risk in Focus
- UPS Just Gave Investors a Second Chance to Buy
- Welltower at 52-Week Highs—But Analysts Believe There’s More to Come
Receive News & Ratings for Kornit Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kornit Digital and related companies with MarketBeat.com's FREE daily email newsletter.
