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Karat Packaging (KRT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

KRT Stock Forecast

Karat Packaging (KRT) stock forecast, based on 11 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 7.88% increase from the last price of $30.59.

$24 $25 $26 $27 $28 $29 $30 $31 $32 $33 High: $33 Avg: $33 Low: $33 Last Closed Price: $30.59

KRT Stock Rating

Karat Packaging stock's rating consensus is Buy, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 10 Buy (90.91%), 1 Hold (9.09%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 11 0 1 10 Strong Sell Sell Hold Buy Strong Buy

KRT Price Target Upside V Benchmarks

TypeNameUpside
StockKarat Packaging7.88%
SectorConsumer Cyclical Stocks 4.51%
IndustryPackaging & Containers Stocks 18.07%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$33.00
Last Closing Price$30.59$30.59$30.59
Upside/Downside--7.88%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25-22--4
Jan, 25-32--5
Dec, 24-31--4
Nov, 24231--6
Oct, 24231--6
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 15, 2024Jake BartlettTruist Financial$33.00$25.9327.27%7.88%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 02, 2025William BlairMarket Performdowngrade
May 29, 2024Northcoast ResearchBuyinitialise
Jan 04, 2023Cowen & Co.Outperforminitialise

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.13$1.19$1.63----
Avg Forecast$1.08$1.27$1.87$1.71$1.87$1.96-
High Forecast$1.07$1.26$1.86$1.70$1.86$1.95-
Low Forecast$1.09$1.27$1.88$1.72$1.88$1.97-
Surprise %4.63%-6.30%-12.83%----

Revenue Forecast

$350M $390M $430M $470M $510M $550M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$364.24M$422.96M$405.65M----
Avg Forecast$368.93M$426.59M$405.55M$423.27M$454.04M$480.00M$508.00M
High Forecast$366.12M$424.61M$404.98M$422.78M$452.49M$478.21M$506.10M
Low Forecast$371.58M$428.09M$405.98M$424.05M$456.34M$482.28M$510.41M
Surprise %-1.27%-0.85%0.02%----

Net Income Forecast

$0 $8M $16M $24M $32M $40M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$20.78M$23.65M$32.47M----
Avg Forecast$21.51M$25.32M$37.36M$34.14M$37.33M$39.20M-
High Forecast$21.30M$25.17M$37.16M$33.94M$37.11M$38.98M-
Low Forecast$21.71M$25.44M$37.57M$34.34M$37.55M$39.41M-
Surprise %-3.40%-6.61%-13.09%----

KRT Forecast FAQ

Is Karat Packaging stock a buy?

Karat Packaging stock has a consensus rating of Buy, based on 11 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 10 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Karat Packaging is a favorable investment for most analysts.

What is Karat Packaging's price target?

Karat Packaging's price target, set by 11 Wall Street analysts, averages $33 over the next 12 months. The price target range spans from $33 at the low end to $33 at the high end, suggesting a potential 7.88% change from the previous closing price of $30.59.

How does Karat Packaging stock forecast compare to its benchmarks?

Karat Packaging's stock forecast shows a 7.88% upside, outperforming the average forecast for the consumer cyclical stocks sector (4.51%) and underperforming the packaging & containers stocks industry (18.07%).

What is the breakdown of analyst ratings for Karat Packaging over the past three months?

  • February 2025: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 0% Strong Buy, 60.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 75.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.

What is Karat Packaging’s EPS forecast?

Karat Packaging's average annual EPS forecast for its fiscal year ending in December is $1.71 for 2024, a 4.91% increase from the reported $1.63 in 2023. The prediction for 2025 is $1.87, $1.96 for 2026, and $0 for 2027.

What is Karat Packaging’s revenue forecast?

Karat Packaging's average annual revenue forecast for its fiscal year ending in December is $423.27M for 2024, a 4.34% increase from the reported $405.65M in 2023. The forecast for 2025 is $454.04M, $480M for 2026, and $508M for 2027.

What is Karat Packaging’s net income forecast?

For its fiscal year ending in December, Karat Packaging's average annual net income forecast is $34.14M for 2024, reflecting an 5.15% increase from the reported $32.47M in 2023. The projection for 2025 is $37.33M, $39.2M for 2026, and $0 for 2027.