Kornit Digital (NASDAQ:KRNT) Shares Gap Up – Here’s What Happened

Posted by Brian Himes on May 20th, 2026

Kornit Digital Ltd. (NASDAQ:KRNT – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $14.09, but opened at $15.60. Kornit Digital shares last traded at $14.1960, with a volume of 7,325 shares changing hands.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KRNT. Wall Street Zen upgraded Kornit Digital from a “sell” rating to a “hold” rating in a report on Sunday, April 12th. Needham & Company LLC lifted their price target on Kornit Digital from $20.00 to $22.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Morgan Stanley reiterated a “positive” rating and issued a $17.00 price target on shares of Kornit Digital in a report on Wednesday, February 11th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Kornit Digital in a report on Wednesday, March 25th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $20.75.

Read Our Latest Stock Report on KRNT

Kornit Digital Trading Up 1.0%

The stock has a market cap of $637.66 million, a price-to-earnings ratio of -36.51 and a beta of 1.76. The stock has a 50-day moving average price of $15.27 and a two-hundred day moving average price of $14.55.

Kornit Digital (NASDAQ:KRNT – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The industrial products company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). The firm had revenue of $48.54 million during the quarter, compared to analysts’ expectations of $46.67 million. Kornit Digital had a negative return on equity of 1.15% and a negative net margin of 7.93%.The business’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.01 EPS. Research analysts predict that Kornit Digital Ltd. will post -0.17 earnings per share for the current fiscal year.

Institutional Trading of Kornit Digital

Institutional investors have recently made changes to their positions in the business. Senvest Management LLC lifted its position in Kornit Digital by 4.1% during the 4th quarter. Senvest Management LLC now owns 4,141,355 shares of the industrial products company’s stock worth $59,553,000 after acquiring an additional 162,100 shares during the period. Morgan Stanley raised its stake in shares of Kornit Digital by 26.5% during the 4th quarter. Morgan Stanley now owns 3,998,548 shares of the industrial products company’s stock valued at $57,499,000 after buying an additional 838,814 shares during the last quarter. Artisan Partners Limited Partnership raised its stake in shares of Kornit Digital by 32.6% during the 4th quarter. Artisan Partners Limited Partnership now owns 2,647,804 shares of the industrial products company’s stock valued at $38,075,000 after buying an additional 650,283 shares during the last quarter. Granahan Investment Management LLC raised its stake in shares of Kornit Digital by 31.4% during the 4th quarter. Granahan Investment Management LLC now owns 2,569,663 shares of the industrial products company’s stock valued at $36,952,000 after buying an additional 614,513 shares during the last quarter. Finally, Baillie Gifford & Co. raised its stake in shares of Kornit Digital by 61.7% during the 4th quarter. Baillie Gifford & Co. now owns 1,565,079 shares of the industrial products company’s stock valued at $22,506,000 after buying an additional 597,128 shares during the last quarter. Institutional investors and hedge funds own 92.76% of the company’s stock.

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.