--- title: "Kornit Digital Wins Buy Rating as Strong Execution, New Platforms Drive Raised 2026 Outlook and Higher $22 Price Target" type: "News" locale: "en" url: "https://longbridge.com/en/news/286307810.md" description: "James Ricchiuti from Needham has reiterated a Buy rating on Kornit Digital, raising the price target to $22.00. This decision is based on Kornit’s strong execution, improved growth profile, and a robust sales outlook for Q2. Key factors include disciplined cost management, increased recurring revenue, and significant growth in AIC-related sales. The new Atlas MATRIX and Presto MAX PLUS R2R platforms are enhancing Kornit’s market position, leading to raised revenue projections for 2026 and a favorable risk-reward scenario for investors." datetime: "2026-05-13T19:45:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286307810.md) - [en](https://longbridge.com/en/news/286307810.md) - [zh-HK](https://longbridge.com/zh-HK/news/286307810.md) --- # Kornit Digital Wins Buy Rating as Strong Execution, New Platforms Drive Raised 2026 Outlook and Higher $22 Price Target In a report released today, James Ricchiuti from Needham reiterated a Buy rating on Kornit Digital, with a price target of $22.00. ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks James Ricchiuti has given his Buy rating due to a combination of factors, including Kornit Digital’s solid execution and improving growth profile. The company delivered first-quarter revenue near the top of its guidance range and issued a stronger-than-expected sales outlook for the second quarter, supporting his view that mid-single-digit growth in 2026 is increasingly achievable despite tariff and foreign-exchange pressures. He also highlights disciplined cost management, expanding recurring revenue, and a sharp year-over-year increase in AIC-related sales as key positives. In addition, Kornit is gaining traction with its new Atlas MATRIX and Presto MAX PLUS R2R platforms, which enhance its positioning in higher-volume and performance-sensitive markets, leading him to raise 2026 revenue projections and conclude that the current share price offers a compelling risk-reward, justifying a higher $22 target price and a Buy recommendation. ### Related Stocks - [KRNT.US](https://longbridge.com/en/quote/KRNT.US.md) ## Related News & Research - [Kornit Digital Q1 revenue beats estimates, helped by Atlas MATRIX demand](https://longbridge.com/en/news/286248907.md) - [Buy Rating Reaffirmed on Kornit Digital: Cost Discipline, Margin Outperformance, and H2 Upside Drive Attractive Risk-Reward](https://longbridge.com/en/news/275646556.md) - [Top Executive at Kornit Digital Makes Notable Stock Move](https://longbridge.com/en/news/286629075.md) - [CAVA Group Reports First Quarter 2026 Results | CAVA Stock News](https://longbridge.com/en/news/286960637.md) - [Citi Reaffirms Their Buy Rating on James Hardie (JHIUF)](https://longbridge.com/en/news/286977274.md)