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

Group 1: Market Overview - Equities reached a record high in Q3 2025, driven by gains in technology and declining bond yields [1] - The U.S. Federal Reserve lowered rates by 25 basis points in mid-September 2025 [1] - The Meridian Contrarian Fund returned 6.72% (net) during the quarter, underperforming the Russell 2500 Index's 9.00% and the Russell 2500 Value Index's 8.18% [1] Group 2: Kornit Digital Ltd. Overview - Kornit Digital Ltd. (NASDAQ:KRNT) specializes in digital textile printing solutions, providing a sustainable alternative to traditional screen printing [3] - The stock experienced a one-month return of -6.46% and a 52-week decline of 57.87%, closing at $13.33 with a market capitalization of $612.816 million on November 28, 2025 [2] - Kornit Digital Ltd. reported revenues of $53.1 million in Q3 2025, aligning with the guidance range of $49 million to $55 million [4] Group 3: Investment Perspective on Kornit Digital Ltd. - The investment in Kornit Digital Ltd. was initiated after a significant stock decline from $180 to below $20, attributed to volatile orders and macroeconomic concerns [3] - Despite recent weaknesses in 2025 due to macro and tariff issues, the company maintains a strong balance sheet with over $10 per share in cash and a reasonable valuation of 0.7x EV/sales [3] - Kornit Digital Ltd. is not among the 30 Most Popular Stocks Among Hedge Funds, with 19 hedge fund portfolios holding the stock at the end of Q3, up from 15 in the previous quarter [4]