$28.78
00.00%
Last update: Jul 19, 4:02 PM
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Karat Packaging
KRTNASDAQ
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Karat Packaging (NASDAQ:KRT) Stock, Analyst Ratings, Price Targets, Forecasts
Karat Packaging Inc has a consensus price target of $30.33 based on the ratings of 3 analysts. The high is $33 issued by Truist Securities on March 15, 2024. The low is $26 issued by Lake Street on August 11, 2023. The 3 most-recent analyst ratings were released by Truist Securities, Stifel, and Truist Securities on March 15, 2024, March 15, 2024, and November 10, 2023, respectively. With an average price target of $29.67 between Truist Securities, Stifel, and Truist Securities, there's an implied 2.94% upside for Karat Packaging Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Truist Securities
Stifel
Lake Street
1calculated from analyst ratings
Analyst Ratings for Karat Packaging
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/15/2024 | Buy Now | 14.5% | Truist Securities | Jake Bartlett | $24 → $33 | Maintains | Buy | Get Alert |
| 03/15/2024 | Buy Now | 11.03% | Stifel | Michael Hoffman | $30 → $32 | Reiterates | Buy → Buy | Get Alert |
| 11/10/2023 | Buy Now | -16.72% | Truist Securities | Jake Bartlett | $26 → $24 | Maintains | Buy | Get Alert |
| 09/06/2023 | Buy Now | 4.09% | Stifel | Michael Hoffman | $24 → $30 | Maintains | Buy | Get Alert |
| 08/11/2023 | Buy Now | -9.78% | Lake Street | Ryan Meyers | $25 → $26 | Maintains | Buy | Get Alert |
| 01/04/2023 | Buy Now | -23.66% | Lake Street | Ryan Meyers | → $22 | Initiates | → Buy | Get Alert |
| 03/24/2022 | Buy Now | 7.56% | Truist Securities | Jake Bartlett | $29 → $31 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Karat Packaging (KRT) stock?
The latest price target for Karat Packaging (NASDAQ:KRT) was reported by Truist Securities on March 15, 2024. The analyst firm set a price target for $33.00 expecting KRT to rise to within 12 months (a possible 14.66% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Karat Packaging (KRT)?
The latest analyst rating for Karat Packaging (NASDAQ:KRT) was provided by Truist Securities, and Karat Packaging maintained their buy rating.
When was the last upgrade for Karat Packaging (KRT)?
There is no last upgrade for Karat Packaging
When was the last downgrade for Karat Packaging (KRT)?
There is no last downgrade for Karat Packaging.
When is the next analyst rating going to be posted or updated for Karat Packaging (KRT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Karat Packaging, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Karat Packaging was filed on March 15, 2024 so you should expect the next rating to be made available sometime around March 15, 2025.
Is the Analyst Rating Karat Packaging (KRT) correct?
While ratings are subjective and will change, the latest Karat Packaging (KRT) rating was a maintained with a price target of $24.00 to $33.00. The current price Karat Packaging (KRT) is trading at is $28.78, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.