KRT

In the past six months, Karat Packaging Inc. (KRT) stock has shown significant upward movement, reaching new all-time highs, with a 91.54% increase between September 2025 and September 2026, and gaining over 110% in the past year. Key events include strong Q2 2026 earnings, where adjusted EPS of $1.48 significantly exceeded analyst estimates due to $25.8 million in one-time IEEPA tariff refunds. The company also approved a 4.4% increase in its regular quarterly dividend to $0.47 per share. Analyst sentiment is mixed but generally positive, with William Blair and Weiss Ratings upgrading the stock, and Lake Street reiterating a 'Buy' rating with a raised price target, while Bank of America maintained an 'underperform' rating. The company reported a 23.6% year-over-year increase in online sales in Q2 2026, accelerating to 37% in July, reaffirming a $100 million online revenue target for 2026. Co-founder Marvin Cheng also engaged in insider selling, totaling approximately $504k in September and August 2026.