Kornit Digital (NASDAQ:KRNT) Shares Gap Up – What’s Next?

Kornit Digital Ltd. (NASDAQ:KRNT)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $16.08, but opened at $18.17. Kornit Digital shares last traded at $18.2690, with a volume of 240,817 shares traded.

Kornit Digital News Roundup

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

• Positive Sentiment: Kornit Digital topped revenue expectations in Q1, posting $48.5 million in sales versus the $46.7 million consensus, while EPS came in at -$0.01, matching estimates. The company also said revenue landed at the top end of its guidance range. Kornit Digital tops revenue and earnings expectations in first quarter (KRNT)
• Positive Sentiment: Management highlighted a 103% year-over-year jump in AIC revenue, positive operating cash flow for the 10th straight quarter, and growing customer demand for Atlas MATRIX and the new Presto MAX PLUS platform, all of which support the company’s longer-term growth story. Kornit Digital Reports First Quarter 2026 Results
• Positive Sentiment: Needham raised its price target on Kornit Digital to $22 from $20 and reiterated a buy rating, signaling improved analyst confidence after the quarter. Benzinga report on price target increase
• Neutral Sentiment: The Q1 earnings call transcript and highlights reinforced the same message: revenue strength, AIC transition progress, and better visibility into the second half of 2026, but no major new surprise beyond the earnings release. Kornit Digital Earnings Call Highlights Growth Amid FX Drag
• Negative Sentiment: Profitability remains weak: GAAP net loss widened to $8.2 million, gross margin declined, and second-quarter adjusted EBITDA guidance is still only from negative 5% to breakeven, showing the business is not yet consistently profitable. Kornit Digital Reports First Quarter 2026 Results

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Needham & Company LLC lifted their target price on shares of Kornit Digital from $20.00 to $22.00 and gave the stock a “buy” rating in a research report on Thursday. Morgan Stanley reaffirmed a “positive” rating and issued a $17.00 target price on shares of Kornit Digital in a report on Wednesday, February 11th. Wall Street Zen upgraded Kornit Digital from a “sell” rating to a “hold” rating in a research report on Sunday, April 12th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Kornit Digital in a research report on Wednesday, March 25th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $20.75.

Kornit Digital Stock Performance

The company has a market cap of $709.03 million, a P/E ratio of -40.59 and a beta of 1.76. The firm’s fifty day moving average is $15.32 and its two-hundred day moving average is $14.56.

Kornit Digital (NASDAQ:KRNT) last issued its earnings results on Wednesday, May 13th. The industrial products company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). The company had revenue of $48.54 million during the quarter, compared to the consensus estimate of $46.67 million. Kornit Digital had a negative net margin of 7.93% and a negative return on equity of 1.13%. Kornit Digital’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.01 EPS. On average, equities research analysts expect that Kornit Digital Ltd. will post -0.17 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Medina Value Partners LLC purchased a new stake in Kornit Digital in the 3rd quarter worth $12,732,000. Invenomic Capital Management LP lifted its stake in Kornit Digital by 196.9% in the 4th quarter. Invenomic Capital Management LP now owns 1,397,950 shares of the industrial products company’s stock worth $20,103,000 after purchasing an additional 927,169 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Kornit Digital by 185.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 1,292,586 shares of the industrial products company’s stock worth $18,949,000 after purchasing an additional 839,336 shares in the last quarter. Morgan Stanley lifted its stake in Kornit Digital by 26.5% in the 4th quarter. Morgan Stanley now owns 3,998,548 shares of the industrial products company’s stock worth $57,499,000 after purchasing an additional 838,814 shares in the last quarter. Finally, Artisan Partners Limited Partnership lifted its stake in Kornit Digital by 32.6% in the 4th quarter. Artisan Partners Limited Partnership now owns 2,647,804 shares of the industrial products company’s stock worth $38,075,000 after purchasing an additional 650,283 shares in the last quarter. Institutional investors own 92.76% of the company’s stock.

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.