Kornit Digital Ltd. ($KRNT) Stock Forecast: Up 8.8% Today

What is Kornit Digital Ltd.?

Kornit Digital (KRNT) is a company specializing in digital printing solutions for the apparel industry. The stock had a bullish movement today.

Why is Kornit Digital Ltd. going up?

KRNT stock is up 8.8% on May 14, 2025 14:15

• Kornit Digital (KRNT) reported impressive Q1 earnings and revenues, surpassing estimates by a significant margin.
• The positive earnings surprise likely boosted investor confidence in the company's growth prospects and future performance.
• This strong financial performance could have attracted new investors and led to increased buying pressure, driving the stock price higher.
• The market's reaction indicates that investors are optimistic about KRNT's ability to capitalize on the growing demand for digital printing solutions in the apparel industry.

KRNT Price Chart

KRNT Technical Analysis

KRNT News

Kornit Digital ( KRNT ) Q1 Earnings and Revenues Top Estimates

Kornit Digital (KRNT) delivered earnings and revenue surprises of 125% and 0.32%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2470205/kornit-digital-krnt-q1-earnings-and-revenues-top-estimates

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Kornit Digital Ltd. Price History

06.10.2024 - KRNT Stock was up 19.0%

• KRNT reported Q3 earnings and revenues that beat estimates by a significant margin.
• The positive surprise in earnings and revenues indicates strong performance and growth potential for the company.
• Investors likely reacted positively to the news, driving the stock price higher as they anticipate continued success and profitability for KRNT in the future.

10.08.2024 - KRNT Stock was up 12.5%

• The approval of a $100 million share repurchase initiative by Kornit Digital's Board of Directors demonstrates strong faith in the company's future outlook, potentially elevating investor confidence and driving up the stock value.
• Emphasizing on-demand technology and premium custom apparel alongside collaborations with partners like Custom Ink showcases Kornit Digital's innovative strategies, drawing in more clientele and potentially boosting revenue.
• By hosting the "Fashion is Choosing On-Demand" event in conjunction with PRINTING United Expo 2024, Kornit Digital reinforces its commitment to aligning with industry trends, which may have positively influenced investor sentiment and contributed to the bullish market movement.

14.04.2025 - KRNT Stock was up 8.8%

• Kornit Digital (KRNT) reported impressive Q1 earnings and revenues, surpassing estimates by a significant margin.
• The positive earnings surprise likely boosted investor confidence in the company's growth prospects and future performance.
• This strong financial performance could have attracted new investors and led to increased buying pressure, driving the stock price higher.
• The market's reaction indicates that investors are optimistic about KRNT's ability to capitalize on the growing demand for digital printing solutions in the apparel industry.

11.08.2024 - KRNT Stock was up 12.2%

• The company announced a $100 million share repurchase program, demonstrating belief in its own value and potentially enhancing investor confidence.
• Collaborations with prominent firms like T-Formation Inc. and OGAT to transition to on-demand digital production highlight Kornit's innovative and sustainable approach, appealing to more investors.
• The industry's shift towards on-demand technology and high-quality apparel, exemplified by Custom Ink, underscores the rising demand for Kornit's solutions in fashion, driving the stock price up.
• Hosting the "Fashion is Choosing On-Demand" event alongside PRINTING United Expo 2024 may have generated positive exposure and enthusiasm for Kornit's offerings, contributing to the bullish market activity.

12.08.2024 - KRNT Stock was up 7.6%

• The increasing adoption of Kornit Digital's technology in the market is evidenced by key players like Print Palace Textildruck, T-Formation Inc., and OGAT transitioning their production volumes from screen printing to on-demand digital production.
• Kornit Digital's competitive edge in the industry is underscored by its partnership with Custom Ink to provide fast, accurate, and premium quality custom apparel through on-demand technology.
• The confidence in Kornit Digital's growth prospects and financial stability is reflected in the Board of Directors' announcement of a $100 million share repurchase program, potentially attracting more investors and boosting the stock price.

07.09.2024 - KRNT Stock was down 5.2%

• The bearish movement in KRNT stock may be attributed to profit-taking by investors following a period of robust growth.
• Despite the encouraging updates on empowering hybrid digital growth, concerns about potential competition in the digital transformation sector might be affecting investors.
• Market sentiment could be swayed by broader economic conditions or a sector rotation away from tech stocks.

27.08.2024 - KRNT Stock was up 5.1%

• The acquisition of 10 additional Kornit Apollo Systems by Monster Digital signals a notable enhancement in their digital production capacity.
• This strategic initiative implies that Monster Digital is strategically aligning itself to address the rising need for prompt product delivery and restocking, potentially opening up new business prospects and boosting revenue for Kornit Digital.
• The expansion of production capabilities is being well-received by investors, leading to a surge in the stock price of KRNT as it reflects promising growth potential and a strong market position within the digital printing sector.

04.11.2024 - KRNT Stock was up 5.9%

• Kornit Digital (KRNT) experienced a strong bullish movement today, potentially driven by positive market sentiment and investor confidence in the company's growth prospects.
• The comparison with Graham (GHM) in the industrial products sector may have highlighted Kornit Digital's outperformance, attracting more investors to the stock.
• The bullish movement could also be a result of recent product developments or strategic partnerships that have increased Kornit Digital's competitive edge in the market.
• Overall, the bullish trend in KRNT today may be a reflection of both company-specific factors and broader industry trends favoring digital printing solutions.

18.11.2024 - KRNT Stock was down 1.7%

• The partnership with 500 LEVEL in the professional sports apparel market was expected to drive growth for Kornit Digital.
• Despite the positive outlook, the market may have reacted negatively to potential challenges or delays in the implementation of the on-demand solutions.
• Investors might be concerned about the performance of Kornit Digital compared to other companies in the sector, such as Gates Industrial (GTES), leading to a bearish trend in the stock price.
• The overall sentiment towards the industrial products sector could also be influencing the bearish movement in Kornit Digital's stock.

28.02.2025 - KRNT Stock was down 5.4%

• Concerns have been raised among investors due to a top U.S. Patriotic Apparel Brand adopting Kornit Digital's flagship Apollo System, potentially hinting at increased competition in the digital printing market.
• The market's reaction to news about digital printing agility improvements may have led traders to engage in profit-taking, deviating from some expectations.
• Investors are considering the implications of this move as a potential strategic shift for Kornit Digital, which could impact their revenue streams and market positioning in the future.

12.01.2025 - KRNT Stock was down 5.8%

• KRNT stock encountered a bearish movement following the company's failure to meet Q4 earnings estimates.
• The -14.29% earnings surprise and a slight revenue miss of 0.54% likely disappointed investors, triggering a sell-off.
• Concerns about the company's future performance may arise from these Q4 results, leading to a negative sentiment towards the stock.
• The market responded unfavorably to the earnings report, suggesting that investors had higher expectations for Kornit Digital's financial performance.

07.07.2024 - KRNT Stock was up 14.7%

• KRNT stock experienced a bullish movement following the release of its Q2 earnings report.
• The company surpassed earnings estimates by 300% and revenue estimates by 1.43%, indicating strong financial performance.
• Investors reacted positively to the news of Kornit Digital's growth amidst challenges in the digital fashion and textile production industry.
• The market responded favorably to the company's ability to generate positive cash flow from operations, despite reporting a GAAP net loss for the quarter.