Wasatch Advisors LP Purchases 257,478 Shares of Kornit Digital Ltd. $KRNT

Posted by Brian Himes on Aug 13th, 2026

Wasatch Advisors LP raised its position in Kornit Digital Ltd. (NASDAQ:KRNT – Free Report) by 145.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 433,968 shares of the industrial products company’s stock after purchasing an additional 257,478 shares during the quarter. Wasatch Advisors LP owned 0.97% of Kornit Digital worth $7,052,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. CIBC Private Wealth Group LLC boosted 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 worth $26,000 after buying an additional 1,795 shares during the period. Johnson Financial Group Inc. acquired a new stake in Kornit Digital in the 3rd quarter valued at approximately $27,000. Raymond James Financial Inc. bought a new stake in Kornit Digital in the 2nd quarter valued at approximately $31,000. State of Tennessee Department of Treasury bought a new stake in Kornit Digital in the 2nd quarter valued at approximately $35,000. Finally, Quadrature Capital Ltd bought a new stake in Kornit Digital in the 4th quarter valued at approximately $144,000. 92.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

KRNT has been the subject of several research reports. Morgan Stanley raised their price target on shares of Kornit Digital from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. Needham & Company LLC raised their target price on shares of Kornit Digital from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Zacks Research lowered shares of Kornit Digital from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 30th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kornit Digital presently has an average rating of “Hold” and an average target price of $21.25.

Get Our Latest Analysis on Kornit Digital

Kornit Digital News Roundup

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

Positive Sentiment: Quarterly earnings and revenue beat estimates. Kornit reported adjusted EPS of $0.04, compared with the consensus estimate of a $0.01 loss, while revenue reached $55.3 million versus expectations of $52.8 million. Revenue increased 11.1% year over year, and EPS improved from $0.03 in the prior-year quarter. Kornit Digital Q2 Earnings and Revenues Beat Estimates
Positive Sentiment: Growth metrics pointed to improving recurring and usage-based revenue. Annual recurring revenue rose 79% year over year to $33.8 million, AIC revenue increased 112%, and trailing-12-month impressions grew 15%. Kornit also reported positive operating cash flow for the 11th consecutive quarter and said screen-market systems represented approximately 60% of second-quarter and first-half sales. Kornit Digital Reports Second Quarter 2026 Results
Positive Sentiment: Analyst confidence increased. Needham raised its price target from $22 to $23 and maintained a Buy rating, implying substantial upside from the recent trading level. Needham Raises Kornit Digital Price Target
Neutral Sentiment: Third-quarter revenue guidance was set at $55 million to $60 million. The midpoint is above the $55.3 million analyst consensus, but the company did not provide a specific EPS outlook. Kornit Digital Earnings Report and Conference Call
Negative Sentiment: Profitability remains incomplete. Kornit still posted a negative net margin and negative return on equity, while analysts expect a full-year loss. Sustaining the recent revenue growth and converting it into consistent GAAP profitability will remain key risks for KRNT.

Kornit Digital Stock Performance

Shares of NASDAQ KRNT opened at $17.64 on Thursday. The stock has a 50 day moving average price of $15.89 and a 200 day moving average price of $15.41. The stock has a market capitalization of $757.99 million, a PE ratio of -45.23 and a beta of 1.72. Kornit Digital Ltd. has a 52 week low of $11.93 and a 52 week high of $19.78.

Kornit Digital (NASDAQ:KRNT – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. Kornit Digital had a negative return on equity of 1.15% and a negative net margin of 7.93%.The firm had revenue of $55.32 million for the quarter, compared to analyst estimates of $52.80 million. During the same quarter in the previous year, the firm earned $0.03 EPS. The business’s quarterly revenue was up 11.1% on a year-over-year basis. As a group, research analysts forecast that Kornit Digital Ltd. will post -0.31 EPS for the current year.

Kornit Digital Profile

(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.