Kornit Digital (NASDAQ:KRNT) Shares Down 7.4% – Time to Sell?

Posted by George Bondi on May 14th, 2026

Kornit Digital Ltd. (NASDAQ:KRNT – Get Free Report)’s stock price was down 7.4% on Thursday . The company traded as low as $14.67 and last traded at $15.2650. Approximately 469,956 shares changed hands during mid-day trading, an increase of 37% from the average daily volume of 343,681 shares. The stock had previously closed at $16.48.

Kornit Digital News Summary

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

Positive Sentiment: Q1 revenue beat expectations, and AIC revenue more than doubled year over year, signaling momentum in Kornit’s recurring-revenue shift.
Positive Sentiment: The company delivered positive operating cash flow for the 10th consecutive quarter, which supports balance-sheet stability and execution credibility.
Positive Sentiment: Needham & Company raised its price target on Kornit Digital to $22 from $20 and reiterated a buy rating, implying meaningful upside from current levels. Needham Raises Price Target on Kornit Digital
Neutral Sentiment: Second-quarter revenue guidance of $51 million to $55 million was slightly above the consensus estimate, suggesting the company expects growth to continue in the near term.
Negative Sentiment: GAAP net loss widened to $8.2 million, and gross margin declined versus a year ago, reinforcing that Kornit is still working toward sustained profitability.
Negative Sentiment: Adjusted EBITDA remained negative, so investors may remain focused on how quickly the company can translate revenue growth into durable earnings.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on KRNT shares. Morgan Stanley reissued a “positive” rating and issued a $17.00 price target 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 note on Sunday, April 12th. Needham & Company LLC boosted their price objective on Kornit Digital from $20.00 to $22.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Kornit Digital in a research note on Wednesday, March 25th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $20.75.

View Our Latest Research Report on Kornit Digital

Kornit Digital Stock Performance

The stock has a 50 day moving average of $15.32 and a 200-day moving average of $14.55. The firm has a market capitalization of $710.67 million, a P/E ratio of -51.16 and a beta of 1.76.

Kornit Digital (NASDAQ:KRNT – Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The industrial products company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). Kornit Digital had a negative return on equity of 1.07% and a negative net margin of 6.49%.The firm had revenue of $48.54 million for the quarter, compared to analysts’ expectations of $46.67 million. During the same period in the prior year, the business posted $0.01 earnings per share. The company’s revenue was up 4.4% on a year-over-year basis. As a group, sell-side analysts expect that Kornit Digital Ltd. will post -0.17 EPS for the current year.

Institutional Investors Weigh In On Kornit Digital

Hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. bought a new stake in shares of Kornit Digital during the second quarter valued at about $31,000. State of Tennessee Department of Treasury bought a new stake in shares of Kornit Digital during the second quarter valued at about $35,000. CIBC Private Wealth Group LLC increased its position in shares of 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 valued at $26,000 after buying an additional 1,795 shares during the period. Johnson Financial Group Inc. bought a new stake in shares of Kornit Digital during the third quarter valued at about $27,000. Finally, Headlands Technologies LLC increased its position in shares of Kornit Digital by 84.5% during the second quarter. Headlands Technologies LLC now owns 9,807 shares of the industrial products company’s stock valued at $195,000 after buying an additional 4,491 shares during the period. 92.76% of the stock is currently owned by institutional investors.

Kornit Digital Company Profile

(Get Free Report)

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.