Kornit Digital, Ltd. (KRNT) Rose in Q3 on Stabilized Demand

46 minutes ago 1

Soumya Eswaran

Mon, December 1, 2025 astatine 7:28 AM CST 3 min read

Meridian Funds, managed by ArrowMark Partners, released its “Meridian Contrarian Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. Equities deed a grounds precocious successful the 3rd quarter, fueled by continued gains successful exertion and falling enslaved yields. Easing tariff rhetoric and renewed AI infrastructure investments boosted ample tech stocks. In mid-September U.S. Federal Reserve lowered rates by 25 ground points. In this environment, the money returned 6.72% (net) during the quarter, underperforming the 9.00% returns of the Russell 2500 Index and 8.18% returns of the secondary benchmark, the Russell 2500 Value Index. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Meridian Contrarian Fund highlighted stocks specified arsenic Kornit Digital Ltd. (NASDAQ:KRNT). Kornit Digital Ltd. (NASDAQ:KRNT) designs and markets integer textile printing solutions. The one-month instrumentality of Kornit Digital Ltd. (NASDAQ:KRNT) was -6.46%, and its shares mislaid 57.87% of their worth implicit the past 52 weeks. On November 28, 2025, Kornit Digital Ltd. (NASDAQ:KRNT) banal closed astatine $13.33 per share, with a marketplace capitalization of $612.816 million.

Meridian Contrarian Fund stated the pursuing regarding Kornit Digital Ltd. (NASDAQ:KRNT) successful its 3rd 4th 2025 capitalist letter:

"Kornit Digital Ltd. (NASDAQ:KRNT) is simply a starring supplier of integer textile printing solutions, offering a much businesslike and sustainable alternate to accepted surface printing for apparel and textiles. Its digitally enabled process requires less people, little energy, and little water. We initiated our concern past twelvemonth aft a prolonged banal diminution from $180 to beneath $20, driven by volatile orders and macroeconomic concerns, including elevated involvement rates. The banal contributed positively to money show past year, arsenic request stabilized and orders improved, supported successful portion by the company’s innovative merchandise offerings and go-to-market strategies. However, shares person been anemic successful 2025 arsenic macro and tariff issues person delayed orders and created uncertainty, but we proceed to ain the stock. In our experience, the operation of a starring technology, a ample emerging addressable market, a beardown equilibrium expanse (>$10/share successful cash), and tenable valuation ( 0.7x EV/sales), are bully reasons for patience."

Kornit Digital Ltd. (NASDAQ:KRNT) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 19 hedge money portfolios held Kornit Digital Ltd. (NASDAQ:KRNT) astatine the extremity of the 3rd quarter, which was 15 successful the erstwhile quarter. Kornit Digital Ltd.'s (NASDAQ:KRNT) revenues reached $53.1 cardinal successful Q3 2025, which is wrong the guidance scope of $49 cardinal to $55 cardinal that was provided successful August. While we admit the imaginable of Kornit Digital Ltd. (NASDAQ:KRNT) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.