Karat Packaging Inc. (KRT)

Karat Packaging Stock Forecast

Stock Price Forecast

According to 2 professional analysts, the 12-month price target for Karat Packaging stock ranges from a low of $31 to a high of $36. The average analyst price target of $33.5 forecasts a 21.29% increase in the stock price over the next year.

Price Target: $33.50 (+21.29%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$31	$33.5	$36	$36
Change	+12.24%	+21.29%	+30.34%	+30.34%

* Price targets were last updated on May 12, 2025.

Analyst Ratings

The average analyst rating for Karat Packaging stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jake Bartlett Truist Securities	Truist Securities	Hold Maintains $28 → $31	Hold	Maintains	$28 → $31	+12.24%	May 12, 2025
Ryan Merkel William Blair	William Blair	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Jan 2, 2025
Michael Hoffman Stifel	Stifel	Strong Buy Maintains $32 → $36	Strong Buy	Maintains	$32 → $36	+30.34%	Dec 11, 2024
Jake Bartlett Truist Securities	Truist Securities	Strong Buy → Hold Downgrades $34 → $28	Strong Buy → Hold	Downgrades	$34 → $28	+1.38%	Aug 9, 2024
Jake Bartlett Truist Securities	Truist Securities	Strong Buy Maintains $24 → $33	Strong Buy	Maintains	$24 → $33	+19.48%	Mar 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

467.95M

Increased by 10.72%

from 422.63M

Revenue Next Year

498.36M

Increased by 6.50%

from 467.95M

EPS This Year

1.64

Increased by 9.81%

from 1.49

EPS Next Year

1.82

Increased by 11.11%

from 1.64

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	295.52M	364.24M	422.96M	405.65M	422.63M	467.95M	498.36M	539.34M
Revenue Growth	31.39%	23.26%	16.12%	-4.09%	4.19%	10.72%	6.50%	8.22%
EPS	1.13	1.12	1.19	1.63	1.49	1.64	1.82	2.03
EPS Growth	927.27%	-0.89%	6.25%	36.98%	-8.59%	9.81%	11.11%	11.67%
Forward PE	-	-	-	-	-	16.88	15.19	13.61
No. Analysts	-	-	-	-	-	3	3	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	487.9M	524.0M	560.7M
Avg	468.0M	498.4M	539.3M
Low	452.8M	478.1M	523.3M

Revenue Growth

Revenue Growth	2025	2026	2027
High	15.4%	12.0%	12.5%
Avg	10.7%	6.5%	8.2%
Low	7.1%	2.2%	5.0%

EPS Forecast

EPS	2025	2026	2027
High	1.70	1.89	2.11
Avg	1.64	1.82	2.03
Low	1.59	1.76	1.97

EPS Growth

EPS Growth	2025	2026	2027
High	14.2%	15.5%	16.1%
Avg	9.8%	11.1%	11.7%
Low	6.6%	7.8%	8.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.