BofA Securities initiated coverage on Karat Packaging with a new price target
$KRT
Plastic Products
Industrials
BofA Securities initiated coverage of Karat Packaging with a rating of Neutral and set a new price target of $28.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/9/2025 | $31.00 | Neutral → Buy | BofA Securities |
| 8/13/2025 | $28.00 | Neutral | BofA Securities |
| 1/2/2025 | Outperform → Mkt Perform | William Blair | |
| 8/9/2024 | $34.00 → $28.00 | Buy → Hold | Truist |
| 1/4/2023 | $22.00 | Buy | Lake Street |
BofA Securities upgraded Karat Packaging from Neutral to Buy and set a new price target of $31.00
BofA Securities initiated coverage of Karat Packaging with a rating of Neutral and set a new price target of $28.00
William Blair downgraded Karat Packaging from Outperform to Mkt Perform
10-Q - Karat Packaging Inc. (0001758021) (Filer)
8-K - Karat Packaging Inc. (0001758021) (Filer)
8-K - Karat Packaging Inc. (0001758021) (Filer)
4 - Karat Packaging Inc. (0001758021) (Issuer)
4 - Karat Packaging Inc. (0001758021) (Issuer)
4 - Karat Packaging Inc. (0001758021) (Issuer)
CHINO, Calif., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. ("Karat" or the "Company") (NASDAQ:KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced it will release its 2025 third quarter financial results after market close on Thursday, November 6, 2025. The Company will host an investor conference call on the same day. Call Date: Thursday, November 6, 2025Time: 2:00 p.m. PT/5:00 p.m. ETPhone: 877-418-4045 (domestic); 412-317-6745 (international)Conference ID: Karat Packaging Inc.Webcast: Accessible at https://irkarat.com/events-presentations/; archive available for approximately one year
ROCKWALL, Texas, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ:KRT), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced its business operating subsidiary, Lollicup USA Inc., has relocated its headquarters to Rockwall, Texas, from Chino, California. "Our facility in Rockwall represents the largest of our 11 operating locations across the U.S., with a 500,000 square-foot manufacturing and distribution center," said Alan Yu, Chief Executive Officer. "Relocating our business entity's headquarters to Texas creates a more streamlined environment that strengthens coordination between our manufacturing operations and dis
CHINO, Calif., Aug. 28, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ:KRT), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that Alan Yu, its chief executive officer, will participate at Lake Street Capital Market's 9th Annual Best Ideas Growth (BIG9) Conference in New York, on September 11, 2025. Management will conduct one-on-one meetings with investors during the conference. To receive additional information, request an invitation or to schedule a one-on-one meeting, please contact a representative at Lake Street Capital Markets. About Karat Packaging Inc. Karat Packaging Inc. is a specialty distributor and manufa
CHINO, Calif., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ:KRT) (the "Company" or "Karat"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced the appointment of its Chief Financial Officer, Jian Guo, to the board of directors, effective immediately, filling a vacant seat. Ms. Guo will continue in her role as Chief Financial Officer. Ms. Guo joined Karat in February 2022 with deep experience in the public company marketplace. Previously, she was senior vice president and corporate controller at Resources Connection, Inc., a Nasdaq-listed global consulting firm, and was senior director, financial reporting, at
CHINO, Calif., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ:KRT) (the "Company" or "Karat"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its Chief Operating Officer, Joanne Wang, will retire as an officer effective December 1, 2023. Wang also will relinquish her seat on the Company's five-person board, which will remain vacant until a successor is appointed. "Joanne was among Karat's first employees and played an instrumental role in the Company's growth and development over the past twenty-plus years," said Alan Yu, Chief Executive Officer. "Joanne's dedication, mentorship, and distinguished contrib
CHINO, Calif., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ:KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced the appointment of Jian Guo as chief financial officer, effective immediately. Ms. Guo succeeds Peter Lee, who has served as interim CFO since October 2021, and will stay on through March 31, 2022, as an advisor to the company to ensure an orderly transition. Prior to joining Karat Packaging, Ms. Guo was senior vice president and corporate controller at Resources Connection, Inc., a Nasdaq-listed global consulting firm, and was senior director, financial reporting at Newe
CHINO, Calif., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. ("Karat" or the "Company") (NASDAQ:KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced it will release its 2025 third quarter financial results after market close on Thursday, November 6, 2025. The Company will host an investor conference call on the same day. Call Date: Thursday, November 6, 2025Time: 2:00 p.m. PT/5:00 p.m. ETPhone: 877-418-4045 (domestic); 412-317-6745 (international)Conference ID: Karat Packaging Inc.Webcast: Accessible at https://irkarat.com/events-presentations/; archive available for approximately one year
-- Record Quarterly Net Sales and Net Income -- -- Successful Alternative Sourcing to Navigate Tariff Uncertainty -- CHINO, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ:KRT) ("Karat" or the "Company"), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced financial results for its 2025 second quarter ended June 30, 2025. Second Quarter 2025 Highlights Record quarterly net sales of $124.0 million, up 10.1 percent, from $112.6 million in the prior-year quarter.Gross profit of $49.1 million, up 13.1 percent, from $43.4 million in prior-year quarter.Gross margin increased to 39.6 per
CHINO, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ:KRT) (the "Company" or "Karat"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved a regular quarterly dividend of $0.45 per share on the Company's common stock. The dividend is payable on or about August 27, 2025, to the stockholders of record as of August 20, 2025. About Karat Packaging Inc. Karat Packaging Inc. is a specialty distributor and manufacturer of a wide range of disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings throughou
SC 13D/A - Karat Packaging Inc. (0001758021) (Subject)
SC 13D/A - Karat Packaging Inc. (0001758021) (Subject)
SC 13D/A - Karat Packaging Inc. (0001758021) (Subject)