Based on ratings from 12 stock analysts, the Kratos Defense & Security Solutions Inc stock price is expected to increase by 0.34% in 12 months. This is calculated by using the average 12-month stock price forecast for Kratos Defense & Security Solutions Inc. The lowest target is $20 and the highest is $35. Please note analyst price targets are not guaranteed and could be missed completely.
About 12 Wall Street analysts have assigned KTOS 7 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Kratos Defense & Security Solutions Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on KTOS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of KTOS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Trevor Walsh JMP Securities | Market Outperform | $30 | Maintains | Nov 11, 2024 |
Mike Crawford B. Riley Securities | Neutral | $26 | Downgrade | Oct 30, 2024 |
Trevor Walsh JMP Securities | Market Outperform | $27 | Reiterates | Oct 1, 2024 |
Michael Ciarmoli Truist Securities | Buy | $27 | Reiterates | Sep 26, 2024 |
Peter Arment Baird | Outperform | $35 | Maintains | Sep 23, 2024 |
Josh Sullivan Benchmark | Buy | $25 | Reiterates | Sep 13, 2024 |
Josh Sullivan Benchmark | Buy | $25 | Reiterates | Jun 28, 2024 |
Andre Madrid BTIG | Neutral | Initiates | Jun 26, 2024 | |
Ken Herbert RBC Capital | Outperform | $24 | Maintains | Jun 3, 2024 |
Seth Seifman JP Morgan | Neutral | $23 | Maintains | May 28, 2024 |
Trevor Walsh JMP Securities | Market Outperform | $27 | Initiates | May 28, 2024 |
Brian Gesuale Raymond James | Strong Buy | $27 | Upgrade | Apr 26, 2024 |
Josh Sullivan Benchmark | Buy | $25 | Reiterates | Apr 25, 2024 |
Sheila Kahyaoglu Jefferies | Hold | $20 | Maintains | Apr 10, 2024 |
Noah Poponak Goldman Sachs | Neutral | $17 | Maintains | Feb 20, 2024 |
Josh Sullivan Benchmark | Buy | $25 | Maintains | Feb 20, 2024 |
Ken Herbert RBC Capital | Outperform | $23 | Reiterates | Feb 14, 2024 |
Michael Ciarmoli Truist Securities | Buy | $25 | Maintains | Jan 10, 2024 |
Josh Sullivan Benchmark | Buy | $20 | Reiterates | Dec 18, 2023 |
Brian Gesuale Raymond James | Outperform | $20 | Maintains | Nov 6, 2023 |
When did it IPO
1999
Staff Count
3,900
Country
United States
Sector/Industry
Industrials/Aerospace & Defense
CEO
Mr. Eric M. DeMarco
Market Cap
$4.09B
In 2023, KTOS generated $1.04B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that KTOS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Kratos, an aviation specialist, has reported its fourth consecutive profit, indicating strong performance in the defense sector.
Why It Matters - Kratos' consistent profitability signals strong financial health and growth potential, making it an attractive option in the defense sector amidst rising demand for aviation technology.
Summary - KTOS highlights strong investment potential in the aerospace-defense sector due to long-term growth prospects, low debt levels, and an increasing backlog of orders.
Why It Matters - KTOS highlights growth potential in aerospace-defense, low debt indicates financial stability, and a rising backlog signals increasing demand, making it an attractive opportunity for investors.
Summary - KTOS reported Q3 2024 revenues of $275.9 million, missing the Zacks Consensus Estimate by 0.9%, but up 0.5% year-over-year.
Why It Matters - KTOS' revenue miss indicates potential challenges in meeting growth expectations, which may affect stock performance and investor confidence despite a slight year-over-year increase.
Summary - Kratos will lead a team to design and operate ground infrastructure for interoperability across multi-vendor LEO constellations using its OpenSpaceยฎ platform.
Why It Matters - Kratos' contract for multi-vendor LEO constellation infrastructure enhances its market position, indicating potential revenue growth and technological leadership in the expanding space sector.
Summary - Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) will hold its Q3 2024 earnings conference call on November 7, 2024, at 5:00 PM ET, featuring key executives and analysts.
Why It Matters - The earnings call provides insights into Kratos' financial performance and strategic direction, which can influence stock valuation and investor sentiment.
Summary - In Q3 2024, revenues reached $275.9 million, a slight increase from Q3 2023's $274.6 million.
Why It Matters - A slight revenue increase year-over-year indicates stability and potential growth, which may boost investor confidence and influence stock performance.