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NASDAQ: KRT
Karat Packaging Inc Stock Forecast, Predictions & Price Target

Analyst price target for KRT

Based on 2 analysts offering 12 month price targets for Karat Packaging Inc.
Min Forecast
$32.00+17.35%
Avg Forecast
$32.50+19.18%
Max Forecast
$33.00+21.01%

Should I buy or sell KRT stock?

Based on 2 analysts offering ratings for Karat Packaging Inc.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their KRT stock forecasts and price targets.

KRT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-15Find Out Why
lockedlocked$00.00+00.00%2024-03-15Find Out Why

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Forecast return on equity

Is KRT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
36.1%

Forecast return on assets

Is KRT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

KRT revenue forecast

What is KRT's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$451.1M+11.21%
Avg 2 year Forecast
$484.0M+19.32%
Avg 3 year Forecast
$512.0M+26.22%
KRT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

KRT earnings growth forecast

How is KRT forecast to perform vs Packaging & Containers companies and vs the US market?
Company
30.71%
Industry
4.75%
Market
21.74%
KRT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
KRT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
KRT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

KRT revenue growth forecast

How is KRT forecast to perform vs Packaging & Containers companies and vs the US market?
Company
8.2%
Industry
6.8%
Market
10.3%
KRT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
KRT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

KRT vs Packaging & Container Stocks

TickerPricePrice TargetUp/downsideConsensus
KRT$27.27$32.50+19.18%Strong Buy
PACK$7.13$8.50+19.21%Buy
MYE$21.38$30.00+40.32%Strong Buy
TRS$25.38N/AN/A
TUP$1.03N/AN/A

Karat Packaging Stock Forecast FAQ

Is Karat Packaging Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: KRT) stock is to Strong Buy KRT stock.

Out of 2 analysts, 2 (100%) are recommending KRT as a Strong Buy, 0 (0%) are recommending KRT as a Buy, 0 (0%) are recommending KRT as a Hold, 0 (0%) are recommending KRT as a Sell, and 0 (0%) are recommending KRT as a Strong Sell.

If you're new to stock investing, here's how to buy Karat Packaging stock.

What is KRT's revenue growth forecast for 2024-2026?

(NASDAQ: KRT) Karat Packaging's forecast annual revenue growth rate of 8.2% is forecast to beat the US Packaging & Containers industry's average forecast revenue growth rate of 6.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.3%.

Karat Packaging's revenue in 2024 is $405,651,000.On average, 3 Wall Street analysts forecast KRT's revenue for 2024 to be $9,009,502,565, with the lowest KRT revenue forecast at $8,891,947,197, and the highest KRT revenue forecast at $9,107,245,680. On average, 3 Wall Street analysts forecast KRT's revenue for 2025 to be $9,666,662,240, with the lowest KRT revenue forecast at $9,606,546,430, and the highest KRT revenue forecast at $9,786,294,700.

In 2026, KRT is forecast to generate $10,225,679,360 in revenue, with the lowest revenue forecast at $10,225,679,360 and the highest revenue forecast at $10,225,679,360.

What is KRT's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: KRT) forecast ROA is N/A, which is lower than the forecast US Packaging & Containers industry average of N/A.

What is KRT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year KRT price target, the average KRT price target is $32.50, with the highest KRT stock price forecast at $33.00 and the lowest KRT stock price forecast at $32.00.

On average, Wall Street analysts predict that Karat Packaging's share price could reach $32.50 by Mar 15, 2025. The average Karat Packaging stock price prediction forecasts a potential upside of 19.18% from the current KRT share price of $27.27.

What is KRT's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: KRT) forecast ROE is N/A, which is considered weak.
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