Analyst Christopher Rolland of Susquehanna reiterated a Hold rating on Knowles (KN – Research Report), with a price target of $19.00.
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Christopher Rolland has given his Hold rating due to a combination of factors affecting Knowles Corp. The company has faced recent operational challenges, such as delays in manufacturing and shipment of specialty film capacitors, which have resulted in underwhelming performance and guidance. Furthermore, the integration of Cornell Dubilier has taken longer than anticipated, impacting the Precision Devices segment and causing a shortfall in anticipated revenue.
Despite these setbacks, there are promising signs for future growth. The company has secured a significant $75 million order from an energy customer, expected to contribute to revenue in 2026. Additionally, improvements in booking trends and inventory management indicate potential growth in the latter half of 2025. Although Medtech & Specialty Audio performed better than expected in the fourth quarter, the segment is anticipated to experience seasonal weakness in the first quarter. Overall, while there are positive indicators for long-term growth, the current mixed performance justifies the Hold rating.
Rolland covers the Technology sector, focusing on stocks such as Intel, Marvell, and Maxlinear. According to TipRanks, Rolland has an average return of 21.6% and a 58.50% success rate on recommended stocks.
In another report released today, Craig-Hallum also downgraded the stock to a Hold with a $17.00 price target.