- Leader in digital printing solutions reported strong Q2 results and guided Q3 revenues materially above expectations as business momentum continues to build.
- Muted Q3 operating margin forecast no reason to worry as management tends to guide very conservatively.
- Current consensus expectations for both FY2021 and FY2022 remain way too low.
- Assuming no major market correction, I would expect the shares to ascend to new all-time highs above $135 rather sooner than later as market participants start to recognize the enormous upside to current consensus expectations.
- Get long this industry leader with a year-end price target of $150.
For further details see:
Kornit Digital: Buy This Leader In Digital Textile Printing Solutions