Truist downgraded Karat Packaging from Buy to Hold and set a new price target of $28.00 from $34.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/17/2025 | Buy → Underperform | BofA Securities | |
| 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 downgraded Karat Packaging from Buy to Underperform
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
4 - Karat Packaging Inc. (0001758021) (Issuer)
10-Q - Karat Packaging Inc. (0001758021) (Filer)
8-K - Karat Packaging Inc. (0001758021) (Filer)
8-K - Karat Packaging Inc. (0001758021) (Filer)
CHINO, Calif., Nov. 06, 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 third quarter ended September 30, 2025. Third Quarter 2025 Highlights Record quarterly net sales of $124.5 million, up 10.4 percent, from $112.8 million in the prior-year quarter.Gross profit decreased to $42.9 million, from $43.5 million in prior-year quarter.Gross margin of 34.5 percent, reflecting an expected decrease from 38.6 percent in prior-year quarter as cost of goods sold started to reflect inventory wit
CHINO, Calif., Nov. 05, 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 has declared a regular quarterly dividend of $0.45 per share on the Company's common stock. The dividend is payable on or about November 28, 2025, to stockholders of record as of November 21, 2025. The board also authorized its first-ever share repurchase program to purchase up to $15.0 million of the Company's common stock. "Today's announcement of Karat's new share repurchase program, along with our regular quarterly dividend declarations,
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
4 - Karat Packaging Inc. (0001758021) (Issuer)
4 - Karat Packaging Inc. (0001758021) (Issuer)
4 - Karat Packaging Inc. (0001758021) (Issuer)
CHINO, Calif., Nov. 06, 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 third quarter ended September 30, 2025. Third Quarter 2025 Highlights Record quarterly net sales of $124.5 million, up 10.4 percent, from $112.8 million in the prior-year quarter.Gross profit decreased to $42.9 million, from $43.5 million in prior-year quarter.Gross margin of 34.5 percent, reflecting an expected decrease from 38.6 percent in prior-year quarter as cost of goods sold started to reflect inventory wit
CHINO, Calif., Nov. 05, 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 has declared a regular quarterly dividend of $0.45 per share on the Company's common stock. The dividend is payable on or about November 28, 2025, to stockholders of record as of November 21, 2025. The board also authorized its first-ever share repurchase program to purchase up to $15.0 million of the Company's common stock. "Today's announcement of Karat's new share repurchase program, along with our regular quarterly dividend declarations,
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
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
SC 13D/A - Karat Packaging Inc. (0001758021) (Subject)
SC 13D/A - Karat Packaging Inc. (0001758021) (Subject)
SC 13D/A - Karat Packaging Inc. (0001758021) (Subject)