Kimball Electronics (KE) Stock Forecast & Price Target

$17.96

-0.16 (-0.88%)

(As of 03:25 PM ET)

Kimball Electronics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 5 Analyst Ratings

Based on 5 Wall Street analysts who have issued ratings for Kimball Electronics in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 2 have given a hold rating, and 3 have given a buy rating for KE.

Consensus Price Target

$23.25
29.45% Upside

High Forecast	$29.00
Average Forecast	$23.25
Low Forecast	$19.00

According to the 5 analysts' twelve-month price targets for Kimball Electronics, the average price target is $23.25. The highest price target for KE is $29.00, while the lowest price target for KE is $19.00. The average price target represents a forecasted upside of 29.45% from the current price of $17.96.

Type	Current Forecast 9/17/23 to 9/16/24	1 Month Ago 8/18/23 to 8/17/24	3 Months Ago 6/19/23 to 6/18/24	1 Year Ago 9/17/22 to 9/17/23
Consensus Rating	Moderate Buy	Moderate Buy	Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$23.25	$23.25	$33.33	$37.00
Forecasted Upside	29.45% Upside	27.59% Upside	44.34% Upside	27.10% Upside

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KE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

KE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Kimball Electronics Stock vs. The Competition

Type	Kimball Electronics	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.60	2.64	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	28.31% Upside	165.40% Upside	8.62% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/16/2024	Cantor Fitzgerald 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$28.00 ➝ $22.00	+23.39%
8/15/2024	B. Riley 4 of 5 stars		Lower Target	Buy ➝ Buy	$30.00 ➝ $29.00	+57.69%
8/15/2024	Lake Street Capital 3 of 5 stars		Lower Target	Buy ➝ Buy	$25.00 ➝ $23.00	+25.07%
8/15/2024	Sidoti Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Soderstrom Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$19.00	+3.94%
8/14/2024	EF Hutton Acquisition Co. I Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Moore Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:44 PM ET.

KE Forecast - Frequently Asked Questions

What is Kimball Electronics' forecast for 2024?: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Kimball Electronics is $23.25, with a high forecast of $29.00 and a low forecast of $19.00.
Should I buy or sell Kimball Electronics stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kimball Electronics in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KE shares.
Does Kimball Electronics's stock price have much upside?: According to analysts, Kimball Electronics's stock has a predicted upside of 27.59% based on their 12-month stock forecasts.
Has Kimball Electronics been downgraded by Wall Street analysts recently?: Over the previous 90 days, Kimball Electronics's stock had 2 downgrades by analysts.
What analysts cover Kimball Electronics?: Kimball Electronics has been rated by research analysts at B. Riley, Cantor Fitzgerald, EF Hutton Acquisition Co. I, Lake Street Capital, and Sidoti in the past 90 days.
Do Wall Street analysts like Kimball Electronics more than its competitors?: Analysts like Kimball Electronics less than other "computer and technology" companies. The consensus rating score for Kimball Electronics is 2.60 while the average consensus rating score for "computer and technology" companies is 2.64. Learn more on how KE compares to other companies.