Kratos Defense & Security Solutions, Inc. - Common Stock (KTOS)
64.02
+0.00 (0.00%)
NASDAQ · Last Trade: Aug 20th, 6:26 AM EDT
Detailed Quote
Previous Close
64.02
Open
-
Bid
62.21
Ask
62.84
Day's Range
N/A - N/A
52 Week Range
20.58 - 72.70
Volume
9,986
Market Cap
7.94B
PE Ratio (TTM)
640.20
EPS (TTM)
0.1
Dividend & Yield
N/A (N/A)
1 Month Average Volume
4,309,243
Chart
About Kratos Defense & Security Solutions, Inc. - Common Stock (KTOS)
Kratos Defense & Security Solutions, Inc. is a technology company that provides innovative solutions and systems for defense, security, and communications. The company specializes in designing, developing, and manufacturing advanced unmanned systems, satellite communications, and missile defense technologies. Their offerings include both hardware and software solutions that support military and governmental operations, enhancing the capabilities of modern defense forces. Kratos is also involved in areas such as cybersecurity and training systems, aiming to deliver cutting-edge technology to meet the evolving needs of national security and defense strategies. Read More
A number of stocks fell in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week. The downturn in the market was largely attributed to a significant sell-off in megacap tech and chipmaker shares. Nvidia, Advanced Micro Devices (AMD), and Broadcom all saw notable drops, dragging down the VanEck Semiconductor ETF. Other major tech-related companies like Tesla, Meta Platforms, and Netflix were also under pressure.
A key reason for this trend is that much of the recent market gains have been concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.
Shares of aerospace and defense company Kratos (NASDAQ:KTOS)
jumped 4.4% in the morning session after several Wall Street firms raised their price targets and one initiated coverage with a 'buy' rating, citing a strong quarterly performance and positive future outlook. The wave of positive analyst ratings follows the company's strong second-quarter earnings report, where it beat Wall Street's expectations with a profit of $0.11 per share on revenue of $351.5 million. Kratos also boosted its revenue guidance for the full year. This optimism is further supported by news that its XQ-58 Valkyrie uncrewed aircraft is poised to become a program of record with the U.S. Marine Corps, signaling potential future orders. In response to these developments, B. Riley raised its price target to $72, Noble Capital increased its target to $75, and Canaccord Genuity initiated its coverage with a 'buy' rating and a $74 price target.
Aerospace and defense company Kratos (NASDAQ:KTOS) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 17.1% year on year to $351.5 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $320 million was less impressive, coming in 1.5% below expectations. Its non-GAAP profit of $0.11 per share was 17.7% above analysts’ consensus estimates.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Shares of aerospace and defense company Kratos (NASDAQ:KTOS)
jumped 8.6% in the morning session after it reported strong second-quarter financial results that beat Wall Street estimates and raised its full-year guidance. The defense contractor reported second-quarter revenue of $351.5 million, a significant 17.1% increase year-over-year, handily beating analyst projections of $305.5 million. Adjusted earnings per share came in at $0.11, also surpassing market estimates of $0.09. Bolstered by these results, the company raised its full-year revenue forecast to a midpoint of $1.3 billion. Although shares initially fell after the report, likely due to weaker-than-expected guidance for the next quarter, investors have since shifted their focus to the strong quarterly performance and the improved full-year outlook.
Aerospace and defense company Kratos (NASDAQ:KTOS) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 17.1% year on year to $351.5 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $320 million was less impressive, coming in 1.5% below expectations. Its non-GAAP profit of $0.11 per share was 17.7% above analysts’ consensus estimates.
Second Quarter 2025 Revenues of $351.5 Million Reflect 17.1 Percent Growth and 15.2 Percent Organic Growth Over Second Quarter 2024 Revenues of $300.1 Million
