Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry worldwide. The company's solutions include digital printing systems, ink and other consumables, associated software, and value-added services. Its products and services include direct-to-garment printing systems from smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and maintenance and support, and professional services. The company serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh HaAyin, Israel.
IPO Year: 2015
Exchange: NASDAQ
Website: kornit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/8/2025 | $34.00 → $28.00 | Buy | Needham |
| 11/26/2024 | $39.00 | Overweight | Cantor Fitzgerald |
| 11/9/2023 | $23.00 | Hold → Buy | Craig Hallum |
| 8/10/2023 | $29.00 | Equal-Weight → Overweight | Morgan Stanley |
| 2/16/2023 | $34.00 → $28.00 | Overweight → Equal Weight | Barclays |
| 1/18/2023 | $27.00 | Equal-Weight | Morgan Stanley |
| 7/6/2022 | $54.00 → $26.00 | Buy → Hold | Craig Hallum |
| 7/6/2022 | $100.00 → $50.00 | Buy → Hold | Stifel |
| 12/23/2021 | $202.00 | Buy | Needham |
| 11/4/2021 | $180.00 → $200.00 | Overweight | Barclays |
NEW YORK, May 5, 2025 /PRNewswire/ -- Gooten, a leader in print-on-demand fulfillment and technology, today announced a strategic partnership with Kornit Digital (NASDAQ:KRNT), a pioneer in sustainable, on-demand digital fashion and textile production technologies. This collaboration connects Gooten's robust platform with Kornit's extensive Global Fulfillment Network (GFN), allowing brands of all sizes to leverage over 250 production locations across North America, Europe, Asia, and Latin America for seamless, high-quality, and locally fulfilled on-demand textile products. Thr
ROSH-HA`AYIN, Israel, May 05, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global leader in sustainable, on-demand digital fashion and textile production technologies, today announced that Gooten, a leading print-on-demand fulfillment and technology company, has integrated with Kornit's Global Fulfillment Network (GFN). The collaboration further expands brand access to Kornit's unmatched production capabilities at over 250 locations across North America, Europe, Asia, and Latin America, transforming how brands of all sizes manage, scale, and grow their businesses globally. Through this integration, brands using the Gooten platform can now tap i
ROSH-HA`AYIN, Israel, April 23, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, May 14, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, May 14, 2025 at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section. The dial-in informat
ROSH-HA`AYIN, Israel, March 28, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ:KRNT) ("Kornit Digital" or the "Company"), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (the "SEC"). The annual report, which contains Kornit Digital's audited financial statements, can be accessed at the SEC's website at http://www.sec.gov, as well as via the Company's investor relations website at https://ir.kornit.com/financial-information/sec-filings. The Company will provide a hard copy of it
Grunt Style significantly increases production speed and shortens reaction time for surging customer demand – powered by the automated Kornit Apollo direct-to-garment digital print solution.Addition of digital production to existing screen printing ensures no item is ever out of stock as demand grows for patriotic apparel ROSH-HA`AYIN, Israel, March 26, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced that Grunt Style – one of America's most recognized patriotic apparel brands – is making a bold move from analog screen printing to digital p
Trailblazing licensed wholesaler embraces Kornit Apollo to boost production efficiency, overcome labor challenges, and deliver top-quality apparel faster than ever beforeTransition from traditional screen printing to cutting-edge digital production positions American Classics to better meet growing e-commerce and retail demands ROSH-HA'AYIN, Israel, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced that American Classics Apparel, Inc., a top wholesaler of licensed music, movie, and gaming apparel, is adopting the Kornit Apollo platf
Fourth quarter revenues of $60.7 million, in line with previous guidanceFourth quarter GAAP net income of $2.2 million; non-GAAP net income of $8.7 millionSuccessfully delivered positive EBITDA and strong cash flow from operating activities in both Q4 and for the full year 2024Breakthrough innovations and continued momentum across our markets set the stage for profitable growth in 2025 ROSH-HA`AYIN, Israel, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported its results for the fourth quarter and full year
ROSH-HA`AYIN, Israel, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the fourth quarter and full year ended December 31, 2024, on Wednesday, February 12, 2025, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, February 12th at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Inves
Leading the charge in the dynamic e-commerce market, 500 LEVEL is delivering premium-quality MLB, MLS, NBA, NFL, NHL, UFC and WWE Apparel with unmatched speed and precisionPowered by Kornit Atlas MAX, fan-designed licensed gear now produced and shipped in as little as 24 hours, revolutionizing the officially licensed fan gear experience ROSH-HA`AYIN, Israel, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced that 500 LEVEL – a premier sports apparel producer – has adopted the Kornit Atlas MAX platform. This partnership empowers 500 L
SolarEdge Technologies, Inc. ("SolarEdge" or the "Company") (NASDAQ:SEDG), a global leader in smart energy technology, today announced the appointment of Mr. Shuki Nir as the Company's new Chief Executive Officer (CEO), effective immediately. Mr. Nir, who has served as SolarEdge's CMO since June 2024, will succeed Mr. Ronen Faier, who has served as the Company's Interim CEO since August 2024. Mr. Faier will stay on with the Company as an advisor during a transition period to ensure a seamless leadership transition. Mr. Nir is also replacing Mr. Zvi Lando as a member of the Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/n
SolarEdge Technologies, Inc. ("SolarEdge" or the "Company") (NASDAQ:SEDG), a global leader in smart energy technology, today announced the appointment of Mr. Shuki Nir as the Company's new Chief Executive Officer (CEO), effective immediately. Mr. Nir, who has served as SolarEdge's CMO since June 2024, will succeed Mr. Ronen Faier, who has served as the Company's Interim CEO since August 2024. Mr. Faier will stay on with the Company as an advisor during a transition period to ensure a seamless leadership transition. Mr. Nir is also replacing Mr. Zvi Lando as a member of the Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/n
ROSH HA'AYN, Israel & ENGLEWOOD, N.J., June 30, 2021 (GLOBE NEWSWIRE) -- Kornit Digital ("Kornit" or "the Company") (NASDAQ:KRNT), a worldwide market leader in digital textile printing technology, announced today that Andrew G. Backman has been appointed to the newly created position of Global Head of Investor Relations, effective June 30, 2021. Mr. Backman, who will be based at the Company's U.S. Headquarters in Englewood, New Jersey, is a global investor relations executive with 20+ years of experience leading investor relations teams for high-profile growth companies and will be responsible for managing and further expanding the Company's investor relations platform across the Amer
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ROSH-HA`AYIN, Israel, April 23, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, May 14, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, May 14, 2025 at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section. The dial-in informat
Fourth quarter revenues of $60.7 million, in line with previous guidanceFourth quarter GAAP net income of $2.2 million; non-GAAP net income of $8.7 millionSuccessfully delivered positive EBITDA and strong cash flow from operating activities in both Q4 and for the full year 2024Breakthrough innovations and continued momentum across our markets set the stage for profitable growth in 2025 ROSH-HA`AYIN, Israel, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported its results for the fourth quarter and full year
ROSH-HA`AYIN, Israel, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT) ("Kornit" or the "Company"), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the fourth quarter and full year ended December 31, 2024, on Wednesday, February 12, 2025, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, February 12th at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Inves
Third quarter revenues of $50.7 million, in line with previous guidanceThird quarter GAAP net loss of $0.9 million; non-GAAP net income of $5.5 millionContinued positive cash generation from operationsSignificant year-over-year improvement in non-GAAP gross margin and return to adjusted EBITDA profitabilityIndustry-leading platforms, Apollo and Atlas MAX, continue to gain adoption among screen-replacement customers, driven by the new AIC model ROSH-HA`AYIN, Israel, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported results for t
ROSH-HA`AYIN, Israel, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a global leader in sustainable, on-demand digital fashion and textile production technologies, announced today that it will release its financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, November 6 at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section. The dial-in inform
Second quarter revenues of $48.6 million, in line with previous guidanceSecond quarter GAAP net loss of $4.9 million; non-GAAP net income of $1.1 millionGenerated positive cash flow from operations for the second quarter of 2024Both impressions and consumables grew year-over-year during the second quarterInterest in our pilot of the all-inclusive click ("AIC") program and our Apollo system remains strong, with multiple orders added to our backlog in second quarter ROSH-HA`AYIN, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies,
ROSH-HA`AYIN, Israel, July 22, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies, announced today that it will release its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, August 7th at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section. The d
First quarter revenues of $43.8 million, in line with previous guidanceFirst quarter GAAP net loss of $13.2 million; non-GAAP net loss of $5.3 millionGenerated positive cash flow from operations for the first quarter of 2024Successfully concluded Apollo beta with all three customers and built a healthy pipelineSignificant interest from new and existing customers on the all-inclusive click ("AIC") model ROSH-HA`AYIN, Israel, May 08, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies, reported today its results for the first quarter ended March 31, 2
ROSH-HA`AYIN, Israel, April 17, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies, announced today that it will release its financial results for the first quarter ended March 31, 2024, on Wednesday, May 8, 2024, prior to the market open. The Company will host an earnings conference call and webcast reviewing these results and its operations on Wednesday, May 8th at 8:30 am ET. This conference call will be broadcast live and can be accessed by all interested parties through Kornit's website, www.kornit.com, in the "Investors" section. The dial-in
Fourth quarter revenues of $56.6 million, in line with previous guidanceFourth quarter GAAP net loss of $22.9 million; non-GAAP net income of $3.8 millionAchieved breakeven adjusted EBITDA and generated positive operating cash flow for the fourth quarterSuccessfully launched the Apollo platform for general commercial use in early 2024Expecting modest revenue growth, adjusted EBITDA profitability, and positive operating cash flow for the full year 2024 ROSH-HA`AYIN, Israel, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ:KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies, reported toda
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Needham reiterated coverage of Kornit Digital with a rating of Buy and set a new price target of $28.00 from $34.00 previously
Cantor Fitzgerald initiated coverage of Kornit Digital with a rating of Overweight and set a new price target of $39.00
Craig Hallum upgraded Kornit Digital from Hold to Buy and set a new price target of $23.00
Morgan Stanley upgraded Kornit Digital from Equal-Weight to Overweight and set a new price target of $29.00
Barclays downgraded Kornit Digital from Overweight to Equal Weight and set a new price target of $28.00 from $34.00 previously
Morgan Stanley initiated coverage of Kornit Digital with a rating of Equal-Weight and set a new price target of $27.00
Craig Hallum downgraded Kornit Digital from Buy to Hold and set a new price target of $26.00 from $54.00 previously
Stifel downgraded Kornit Digital from Buy to Hold and set a new price target of $50.00 from $100.00 previously
Needham reiterated coverage of Kornit Digital with a rating of Buy and set a new price target of $202.00
Barclays reiterated coverage of Kornit Digital with a rating of Overweight and set a new price target of $200.00 from $180.00 previously