Karat Packaging (KRT) Stock Forecast, Price Target & Predictions
KRT Stock Forecast
Karat Packaging (KRT) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $33.00, with a high of $33.00 and a low of $33.00. This represents a 38.31% increase from the last price of $23.86.
KRT Stock Rating
Karat Packaging stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (60.00%), 2 Hold (40.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
KRT Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Karat Packaging | 38.31% |
| Sector | Consumer Cyclical Stocks | 12.76% |
| Industry | Packaging & Containers Stocks | 31.48% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $23.86 | $23.86 | $23.86 |
| Upside/Downside | - | - | - |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Nov, 25 | - | 2 | 1 | - | - | 3 |
| Oct, 25 | - | 1 | 2 | - | - | 3 |
| Sep, 25 | - | 1 | 2 | - | - | 3 |
| Aug, 25 | - | 1 | 1 | - | - | 2 |
| Jul, 25 | - | 1 | 1 | - | - | 2 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 15, 2024 | Jake Bartlett | Truist Financial | $33.00 | $25.93 | 27.27% | 38.31% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 02, 2025 | William Blair | Market Perform | downgrade | |
| May 29, 2024 | Northcoast Research | Buy | initialise | |
| Jan 04, 2023 | Cowen & Co. | Outperform | initialise |
Financial Forecast
EPS Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $1.05 | $1.19 | $1.63 | $1.50 | - | - | - |
| Avg Forecast | $1.08 | $1.27 | $1.87 | $1.71 | $1.87 | $1.96 | - |
| High Forecast | $1.09 | $1.27 | $1.88 | $1.72 | $1.88 | $1.97 | - |
| Low Forecast | $1.07 | $1.26 | $1.86 | $1.70 | $1.86 | $1.95 | - |
| Surprise % | -2.78% | -6.30% | -12.83% | -12.28% | - | - | - |
Revenue Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $364.24M | $422.96M | $405.65M | $422.63M | - | - | - |
| Avg Forecast | $368.93M | $426.59M | $405.55M | $423.27M | $454.04M | $480.00M | $508.00M |
| High Forecast | $371.58M | $428.09M | $405.98M | $424.05M | $456.34M | $482.28M | $510.41M |
| Low Forecast | $366.12M | $424.61M | $404.98M | $422.78M | $452.49M | $478.21M | $506.10M |
| Surprise % | -1.27% | -0.85% | 0.02% | -0.15% | - | - | - |
Net Income Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $20.78M | $23.65M | $32.47M | $29.98M | - | - | - |
| Avg Forecast | $21.51M | $25.32M | $37.36M | $34.14M | $37.33M | $39.20M | - |
| High Forecast | $21.71M | $25.44M | $37.57M | $34.34M | $37.55M | $39.41M | - |
| Low Forecast | $21.30M | $25.17M | $37.16M | $33.94M | $37.11M | $38.98M | - |
| Surprise % | -3.40% | -6.61% | -13.09% | -12.20% | - | - | - |