I'm LongbridgeAI, I can summarize articles.William Blair analyst Brian Drab reiterated a Buy rating on Kornit Digital (KRNT), citing strong performance including exceeded revenue and EBITDA guidance, rapid growth in recurring revenue, and accelerating adoption of digital solutions. The analyst highlighted successful conversion of traditional screen-printing customers and scaling of service models as drivers for long-term expansion. Needham also maintained a Buy rating with a $23 price target.
William Blair analyst Brian Drab has maintained their bullish stance on KRNT stock, giving a Buy rating yesterday.
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Brian Drab has given his Buy rating due to a combination of factors related to Kornit Digital’s recent performance and outlook. He highlights that the company exceeded its own guidance and consensus on both revenue and EBITDA margin, while its recurring revenue base is expanding rapidly, with annualized run-rate revenue growing sharply and representing a larger share of total sales, which enhances visibility and reduces volatility.
Drab also points to Kornit’s success in converting traditional screen-printing customers to its digital solutions, with a significant portion of recent system sales coming from this segment and a notable share from entirely new customers. In his view, the scaling of the AIC machine-as-a-service model, strong uptake of Apollo and Atlas MATRIX platforms, and sustained high-single-digit revenue growth expected for 2026 and beyond collectively support meaningful long-term revenue and earnings expansion, justifying a Buy recommendation.
In another report released yesterday, Needham also reiterated a Buy rating on the stock with a $23.00 price target.