Kornit Digital (NASDAQ:KRNT) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Posted by Stanley Muller on Nov 7th, 2026

Kornit Digital Ltd. (NASDAQ:KRNT – Get Free Report) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $16.79 and traded as high as $17.46. Kornit Digital shares last traded at $16.84, with a volume of 504,992 shares trading hands.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Morgan Stanley raised their price target on shares of Kornit Digital from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. Weiss Ratings raised Kornit Digital from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, October 2nd. Zacks Research raised shares of Kornit Digital from a “strong sell” rating to a “hold” rating in a research note on Monday, August 24th. Finally, Needham & Company LLC lifted their price target on Kornit Digital from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Kornit Digital currently has a consensus rating of “Hold” and an average target price of $21.00.

Check Out Our Latest Analysis on Kornit Digital

Kornit Digital Trading Up 2.6%

The company’s 50-day moving average is $16.79 and its two-hundred day moving average is $15.83. The firm has a market cap of $723.61 million, a P/E ratio of -35.08 and a beta of 1.79.

Kornit Digital (NASDAQ:KRNT – Get Free Report) last issued its earnings results on Wednesday, August 12th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.05. The business had revenue of $55.32 million during the quarter, compared to analysts’ expectations of $52.80 million. Kornit Digital had a negative net margin of 9.42% and a negative return on equity of 1.00%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.03 earnings per share. Research analysts anticipate that Kornit Digital Ltd. will post -0.23 EPS for the current fiscal year.

Insider Activity at Kornit Digital

In other Kornit Digital news, CTO Yaaqov Mann sold 57,108 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $17.27, for a total transaction of $986,255.16. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 98,731 shares of company stock worth $1,720,268. Corporate insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On Kornit Digital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Janus Henderson Group PLC increased its stake in shares of Kornit Digital by 13.7% during the first quarter. Janus Henderson Group PLC now owns 793,194 shares of the industrial products company’s stock valued at $11,628,000 after purchasing an additional 95,693 shares in the last quarter. Wasatch Advisors LP grew its stake in shares of Kornit Digital by 145.9% in the second quarter. Wasatch Advisors LP now owns 433,968 shares of the industrial products company’s stock valued at $7,052,000 after buying an additional 257,478 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Kornit Digital by 97.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 470,962 shares of the industrial products company’s stock valued at $6,904,000 after purchasing an additional 232,808 shares during the last quarter. American Capital Management Inc. acquired a new position in Kornit Digital during the second quarter worth $4,598,000. Finally, Renaissance Technologies LLC lifted its holdings in shares of Kornit Digital by 44.5% during the 1st quarter. Renaissance Technologies LLC now owns 91,500 shares of the industrial products company’s stock worth $1,341,000 after acquiring an additional 28,200 shares during the period. Institutional investors own 92.76% of the company’s stock.

About Kornit Digital

(Get Free Report)

Kornit Digital Ltd. (NASDAQ: KRNT) develops, manufactures and sells digital printing technologies for the textile, apparel and related industries. Its solutions are designed to support on-demand, short-run and mass-customized production while reducing the need for traditional screen-printing processes.

The company’s product portfolio includes direct-to-garment printers for cotton and other finished apparel, direct-to-fabric systems for textiles, and digital printing solutions for home décor and related applications.