tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kimball Electronics Unveils New Indianapolis Medical Manufacturing Facility

Story Highlights
  • Kimball Electronics will open a new Indianapolis medical manufacturing facility on February 6, 2026, expanding its capacity and local presence.
  • The company plans to rebrand as Kimball Solutions starting July 2026, signaling broader capabilities and a solutions-focused growth strategy in EMS and CMO markets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kimball Electronics Unveils New Indianapolis Medical Manufacturing Facility

Claim 50% Off TipRanks Premium

The latest update is out from Kimball Electronics ( (KE) ).

On January 8, 2026, Kimball Electronics announced it will hold a ribbon-cutting ceremony on February 6, 2026, to mark the opening of its new advanced medical manufacturing and innovation facility in Indianapolis, which will serve the medical and life sciences industries and is expected to expand the company’s manufacturing capacity and local community presence. The company also revealed plans to rebrand as Kimball Solutions, Inc., beginning with a phased global rollout in July 2026 subject to necessary approvals, a move that reflects its broadened capabilities and solutions-driven strategy and is intended to reinforce its long-term commitment to innovation, comprehensive customer solutions, and growth in the EMS and CMO markets.

The most recent analyst rating on (KE) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Kimball Electronics stock, see the KE Stock Forecast page.

Spark’s Take on KE Stock

According to Spark, TipRanks’ AI Analyst, KE is a Neutral.

Kimball Electronics’ overall stock score reflects challenges in financial performance, particularly in revenue growth and profitability. While the earnings call highlighted positive developments in the Medical segment and improved cash flows, these were counterbalanced by declines in other segments and valuation concerns. Technical analysis suggests potential bearish momentum, further impacting the stock’s attractiveness.

To see Spark’s full report on KE stock, click here.

More about Kimball Electronics

Kimball Electronics, Inc., headquartered in Jasper, Indiana, is a global multifaceted manufacturer providing Electronics Manufacturing Services (EMS) and Contract Manufacturing Organization (CMO) solutions. Operating facilities in the United States, China, Mexico, Poland, Romania, and Thailand, the company serves a variety of industries worldwide and emphasizes a high-performance culture focused on quality, reliability, value, speed, and ethical behavior.

Average Trading Volume: 172,815

Technical Sentiment Signal: Buy

Current Market Cap: $726M

For a thorough assessment of KE stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1