(KRNT) Kornit Digital - Overview
Stock: Printers, Ink, Software, Consumables, Services
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 54.8% |
| Relative Tail Risk | -15.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.04 |
| Alpha | -73.82 |
| Character TTM | |
|---|---|
| Beta | 1.583 |
| Beta Downside | 1.395 |
| Drawdowns 3y | |
|---|---|
| Max DD | 62.59% |
| CAGR/Max DD | -0.26 |
Description: KRNT Kornit Digital January 20, 2026
Kornit Digital Ltd. (NASDAQ:KRNT) designs, manufactures, and sells end-to-end digital textile printing systems-including hardware, NeoPigment inks, software, and services-to fashion, apparel, and home-decor customers across North America, Europe, the Middle East, Africa, and the Asia-Pacific. The firm’s portfolio spans direct-to-garment (DTG) platforms for small-batch operators, direct-to-fabric solutions for large-scale manufacturers, and the Apollo mass-production system that integrates its K-RIP raster image processor and Rapid Size Shifter (RSS) pallet.
Key product highlights include the Atlas MAX Plus, which the company claims can achieve up to 150 garments per hour, and a suite of consumables (NeoPigment inks, upgrade kits) that generate recurring revenue through maintenance, consulting, and professional services contracts.
According to the most recent quarterly filing (Q3 2024), Kornit reported revenue of $84 million, a 12 % year-over-year increase, and a gross margin of 38 %, reflecting higher ink-sales mix and improved capacity utilization. The company’s backlog grew to $210 million, indicating strong demand pipeline, while cash on hand stood at $150 million, providing runway for R&D and potential strategic acquisitions.
Sector-level drivers that underpin Kornit’s outlook include the accelerating shift toward on-demand, low-inventory fashion models, heightened sustainability pressures that favor water-based digital inks over traditional dye-sublimation, and macro-level growth in e-commerce apparel sales, which historically correlates with a 4–6 % CAGR in digital textile printing equipment spend.
For a deeper quantitative assessment, you may find ValueRay’s analyst notes on KRNT useful.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: -13.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.34 > 1.0 |
| NWC/Revenue: 258.5% < 20% (prev 314.8%; Δ -56.29% < -1%) |
| CFO/TA 0.05 > 3% & CFO 41.1m > Net Income -13.0m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 12.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (44.9m) vs 12m ago -5.66% < -2% |
| Gross Margin: 45.09% > 18% (prev 0.38%; Δ 4472 % > 0.5%) |
| Asset Turnover: 25.92% > 50% (prev 23.47%; Δ 2.45% > 0%) |
| Interest Coverage Ratio: -158.7 > 6 (EBITDA TTM -14.6m / Interest Expense TTM 168.0k) |
Altman Z'' 1.93
| A: 0.71 (Total Current Assets 588.7m - Total Current Liabilities 45.8m) / Total Assets 769.8m |
| B: -0.15 (Retained Earnings -116.7m / Total Assets 769.8m) |
| C: -0.03 (EBIT TTM -26.7m / Avg Total Assets 810.3m) |
| D: -1.89 (Book Value of Equity -117.5m / Total Liabilities 62.2m) |
| Altman-Z'' Score: 1.93 = BBB |
Beneish M -3.58
| DSRI: 0.61 (Receivables 64.7m/101.6m, Revenue 210.0m/199.7m) |
| GMI: 0.84 (GM 45.09% / 37.66%) |
| AQI: 0.93 (AQ_t 0.13 / AQ_t-1 0.14) |
| SGI: 1.05 (Revenue 210.0m / 199.7m) |
| TATA: -0.07 (NI -13.0m - CFO 41.1m) / TA 769.8m) |
| Beneish M-Score: -3.58 (Cap -4..+1) = AAA |
What is the price of KRNT shares?
Over the past week, the price has changed by +10.73%, over one month by -1.78%, over three months by +9.22% and over the past year by -51.21%.
Is KRNT a buy, sell or hold?
- StrongBuy: 3
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the KRNT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 19.5 | 36% |
| Analysts Target Price | 19.5 | 36% |
| ValueRay Target Price | 12.5 | -12.6% |
KRNT Fundamental Data Overview February 03, 2026
P/B = 0.84
P/EG = 0.89
Revenue TTM = 210.0m USD
EBIT TTM = -26.7m USD
EBITDA TTM = -14.6m USD
Long Term Debt = 18.7m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 3.74m USD (from shortTermDebt, last quarter)
Debt = 18.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -19.6m USD (from netDebt column, last quarter)
Enterprise Value = 170.7m USD (595.3m + Debt 18.7m - CCE 443.4m)
Interest Coverage Ratio = -158.7 (Ebit TTM -26.7m / Interest Expense TTM 168.0k)
EV/FCF = 10.83x (Enterprise Value 170.7m / FCF TTM 15.8m)
FCF Yield = 9.23% (FCF TTM 15.8m / Enterprise Value 170.7m)
FCF Margin = 7.50% (FCF TTM 15.8m / Revenue TTM 210.0m)
Net Margin = -6.17% (Net Income TTM -13.0m / Revenue TTM 210.0m)
Gross Margin = 45.09% ((Revenue TTM 210.0m - Cost of Revenue TTM 115.3m) / Revenue TTM)
Gross Margin QoQ = 43.37% (prev 41.69%)
Tobins Q-Ratio = 0.22 (Enterprise Value 170.7m / Total Assets 769.8m)
Interest Expense / Debt = 0.90% (Interest Expense 168.0k / Debt 18.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = -21.1m (EBIT -26.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 12.87 (Total Current Assets 588.7m / Total Current Liabilities 45.8m)
Debt / Equity = 0.03 (Debt 18.7m / totalStockholderEquity, last quarter 707.6m)
Debt / EBITDA = 1.34 (negative EBITDA) (Net Debt -19.6m / EBITDA -14.6m)
Debt / FCF = -1.24 (Net Debt -19.6m / FCF TTM 15.8m)
Total Stockholder Equity = 715.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.60% (Net Income -13.0m / Total Assets 769.8m)
RoE = -1.81% (Net Income TTM -13.0m / Total Stockholder Equity 715.0m)
RoCE = -3.63% (EBIT -26.7m / Capital Employed (Equity 715.0m + L.T.Debt 18.7m))
RoIC = -2.90% (negative operating profit) (NOPAT -21.1m / Invested Capital 726.9m)
WACC = 11.41% (E(595.3m)/V(614.0m) * Re(11.75%) + D(18.7m)/V(614.0m) * Rd(0.90%) * (1-Tc(0.21)))
Discount Rate = 11.75% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.51%
[DCF Debug] Terminal Value 56.58% ; FCFF base≈17.6m ; Y1≈11.5m ; Y5≈5.26m
Fair Price DCF = 1.85 (EV 65.5m - Net Debt -19.6m = Equity 85.0m / Shares 46.0m; r=11.41% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 36.70 | EPS CAGR: -9.34% | SUE: 2.15 | # QB: 1
Revenue Correlation: -70.44 | Revenue CAGR: -12.47% | SUE: 1.75 | # QB: 1
EPS next Quarter (2026-03-31): EPS=-0.00 | Chg30d=+0.013 | Revisions Net=+0 | Analysts=4
EPS next Year (2026-12-31): EPS=0.29 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+12.9% | Growth Revenue=+2.5%