Lake Street sets USD 60.00 target for Karat Packaging stock
Published on 10/15/2026 at 19:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and payout
- Lake Street Capital set a USD 60.00 target on September 14, 2026.
- Karat Packaging paid a USD 0.47 quarterly dividend on August 28, 2026.
- Karat Packaging stock costs EUR 47.90 at Lang & Schwarz on October 15, 2026 at 7:08 p.m. CEST, up 0.14 percent on Nasdaq.
- Karat Packaging had a P/E ratio of 21.47 as of October 15, 2026.
Lake Street Capital reiterated its Buy rating and set a USD 60.00 price target for Karat Packaging on September 14, 2026, according to MarketBeat. The target is 11.79 percent above the Nasdaq price of USD 53.67 on October 15, 2026. Karat Packaging stock was at EUR 47.90 at Lang & Schwarz on October 15, 2026 at 7:08 p.m. CEST.
Dividend income rises to USD 0.47
Karat Packaging increased its quarterly dividend to USD 0.47, paid on August 28, 2026, from USD 0.45 previously, according to MarketBeat. The annualized dividend was USD 1.88 and the reported yield was 3.4 percent.
Stock remains below its yearly high
The Nasdaq quote was USD 53.67 on October 15, 2026 at 1:15 p.m. ET, up 0.14 percent from USD 53.60. Trading volume stood at 61,467 shares against an average of 162,134 shares. The 52-week range was USD 20.61 to USD 56.06, placing the price 4.27 percent below the high.
Second-quarter figures include tariff refund
Karat Packaging reported second-quarter 2026 revenue of USD 136.30 million and gross profit of USD 77.16 million. Its gross margin was 57.00 percent, while net income attributable to common shareholders reached USD 29.33 million, or USD 1.46 diluted earnings per share. These figures include a USD 25.8 million tariff refund, according to Benzinga.
Comparison with peers
Karat Packaging (NASDAQ, USD): plus 0.14 percent, P/E 21.47, market capitalization USD 1.1 billion
Performance Food Group (NYSE, USD): plus 1.79 percent, P/E 42.29, market capitalization USD 15.2 billion
US Foods Holding (NYSE, USD): plus 2.18 percent, P/E 30.97, market capitalization USD 21.8 billion
Valuation and reporting dates
Karat Packaging had a market capitalization of USD 1.1 billion and a P/E ratio of 21.47 on October 15, 2026. The company expects third-quarter 2026 gross margin of 35 percent to 37 percent, while second-quarter gross margin benefited from the tariff refund. The latest reported second-quarter revenue rose 9.90 percent year over year to USD 136.30 million.
Euro quote after the Xetra close
The stock was trading at EUR 47.90 at Lang & Schwarz on October 15, 2026 at 7:08 p.m. CEST. On Nasdaq, Karat Packaging last traded at USD 53.67 at 1:15 p.m. ET on the same date, up 0.14 percent from the prior close of USD 53.60. The further course of trading is shown by the continuously updated real-time quote of Karat Packaging stock.
Karat Packaging stock facts
- Company: Karat Packaging Inc.
- ISIN: US48563L1017
- Ticker: KRT
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 15, 2026 at 7:08 p.m. CEST: EUR 47.90
- Nasdaq price as of October 15, 2026 at 1:15 p.m. ET: USD 53.67
- Market capitalization: USD 1.1 billion (as of October 15, 2026)
- 52-week range: USD 20.61-56.06 (as of October 15, 2026)
- Sector / Industry: Consumer Cyclical / Packaging and Containers
- Dividend yield: 3.4 percent (as of October 6, 2026)
Market context: Market report S&P 500.
