Knowles Soars 10.81% on Upgraded Rating, Strong Revenue Growth

Generated by AI AgentAinvest Movers Radar
Thursday, Apr 17, 2025 7:37 am ET1min read
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On April 17, 2025, KnowlesKN-- surged 10.81% in pre-market trading, marking a significant rise in its stock price.

Knowles Corporation has recently received a "buy" rating from StockNews.com, with Craig Hallum upgrading the stock from a "hold" to a "buy" rating and setting a price target of $17.00. This upgrade reflects a positive outlook on the company's future performance.

The company has also received a consensus rating of "Moderate Buy," with an average rating score of 2.50 based on one buy rating and one hold rating. This indicates that analysts are generally optimistic about Knowles' prospects.

In terms of financial performance, Knowles reported annual revenue of $553.50 million for the year 2024, representing a 21.17% growth. The company's revenue for the quarter ending December 31, 2024, was $142.50 million, showcasing its strong financial health and growth potential.

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