Bank of America set a USD 33.00 target for Karat Packaging stock

Published on 10/08/2026 at 16:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 9.90 percent to USD 136.30 million. Karat Packaging stock costs EUR 47.90 on October 8, 2026 after EUR 47.60.

Key points in brief

Bank of America Securities maintained a Sell rating and set a USD 33.00 target on October 5, 2026.
Karat Packaging reported USD 136.30 million in second-quarter revenue, up 9.90 percent year over year.
The EUR 47.90 Lang & Schwarz quote was plus 0.63 percent versus the EUR 47.60 prior close on October 8, 2026.
The next earnings date is listed as November 5, 2026.

KRT, US48563L1017, Illustration mit AI erstellt.

Karat Packaging stock (ISIN US48563L1017) was covered by a USD 33.00 target from Bank of America Securities on October 5, 2026, while the Lang & Schwarz quote stood at EUR 47.90 on October 8, 2026. The analyst stance adds a valuation counterpoint to the company's latest operating figures.

Three dated signals

On August 4, 2026, Karat Packaging approved a quarterly dividend of USD 0.47, according to Yahoo Finance. On August 6, 2026, the company reported second-quarter revenue of USD 136.30 million, up 9.90 percent year over year, in the same transcript. On October 5, 2026, Bank of America Securities analyst George Staphos maintained a Sell rating and set a USD 33.00 target, as Markets Insider reported.

What does the target mean?

The USD 33.00 target sits USD 13.50 below the USD 46.50 analyst consensus, a 29.03 percent discount to that consensus figure. MarketBeat said six brokerages carried a Hold consensus, with three Buy ratings, two Holds and one Sell rating.

Quarterly growth has a caveat

The second-quarter result included a major one-off factor. Yahoo Finance reported adjusted EBITDA of USD 41.60 million and a gross margin of 56.60 percent for the second quarter, including USD 25.80 million from IEEPA tariff refunds. Excluding that refund benefit, management said gross margin would have been 37.70 percent, making the underlying margin the key test for the next quarter.

Next reporting date

ToAlpha lists November 5, 2026 as Karat Packaging's next earnings date. The date will put the 35.00 percent to 37.00 percent third-quarter gross-margin outlook against the unusually high second-quarter comparison.

EUR quote remains positive

Karat Packaging was trading at EUR 47.90 at Lang & Schwarz on October 8, 2026 at 4:29 p.m. CEST, up 0.63 percent versus the EUR 47.60 prior close at Lang & Schwarz. On the Nasdaq, the stock was last at USD 53.70 on October 8, 2026 at 10:30 a.m. EDT, with a market capitalization of USD 1.1 billion and a 52-week range of USD 20.61 to USD 55.36. The further course of trading is shown by the continuously updated real-time quote of Karat Packaging stock.