Knowles Corporation

KN · NYSE

Company research

Knowles Corporation (NYSE: KN) is a leading global manufacturer of specialized electronic components, founded in 1946 and headquartered in Itasca, Illinois, with approximately 5,200 employees and a market capitalization of approximately $3.1 billion. The company operates through two business segments: Precision Devices (PD), which designs and delivers high-performance capacitors and RF filtering solutions for defense, medtech, industrial, and electrification markets; and Medtech & Specialty Audio (MSA), which develops balanced armature speakers and advanced microphones serving the hearing health, audio, and True Wireless Stereo markets. Knowles distributes its products directly to OEMs, contract manufacturers, and suppliers, as well as through a global network of distributors, with operations spanning Asia, the United States, Europe, and the Americas. Under the leadership of CEO Jeffrey S. Niew, the company has been strategically transforming itself into an industrial technology company, focusing on higher-growth and higher-value applications where component reliability and precision performance are mission-critical.

Research reports

StockStory · March 30, 2026Knowles (KN) Research Report: Q4 CY2025 Update

StockStory’s analyst team argues Knowles is structurally challenged, highlighting multi-year revenue declines, subscale operations, and deteriorating returns on invested capital despite strong free cash flow generation, and therefore expects the shares to underperform relative to other opportunities. The report nonetheless notes a solid Q4 CY2025 print with revenue and EPS modestly ahead of expectations, improving operating margin and robust free cash flow, but views the current 20.6x forward P/E and consensus one-year price target of 28.50 as leaving limited upside relative to the fundamental risk profile.