Kratos Defense & Security Solutions (NASDAQ:KTOS) Price Target Raised to $104.00

Kratos Defense & Security Solutions (NASDAQ:KTOS) had its price target boosted by BTIG Research from $100.00 to $104.00 in a research report report published on Wednesday, MarketBeat.com reports. They currently have a buy rating on the aerospace company’s stock.

KTOS has been the topic of several other research reports. Cantor Fitzgerald reduced their price target on shares of Kratos Defense & Security Solutions from $115.00 to $100.00 and set an “overweight” rating on the stock in a report on Tuesday. Canaccord Genuity Group lifted their price objective on Kratos Defense & Security Solutions from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Piper Sandler raised Kratos Defense & Security Solutions from a “neutral” rating to an “overweight” rating and set a $75.00 target price on the stock in a research note on Wednesday. Royal Bank Of Canada lowered their target price on Kratos Defense & Security Solutions from $100.00 to $80.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Finally, Citizens Jmp cut their price target on Kratos Defense & Security Solutions from $125.00 to $105.00 and set a “market outperform” rating for the company in a report on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $101.29.

Kratos Defense & Security Solutions Trading Up 5.9%

Shares of KTOS stock opened at $60.77 on Wednesday. Kratos Defense & Security Solutions has a fifty-two week low of $43.09 and a fifty-two week high of $134.00. The stock has a market cap of $11.41 billion, a P/E ratio of 357.47 and a beta of 1.08. The business has a fifty day simple moving average of $52.27 and a 200-day simple moving average of $70.57. The company has a quick ratio of 5.08, a current ratio of 5.54 and a debt-to-equity ratio of 0.04.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.07. The business had revenue of $458.80 million during the quarter, compared to the consensus estimate of $410.36 million. Kratos Defense & Security Solutions had a return on equity of 3.07% and a net margin of 2.03%.The business’s revenue was up 30.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.11 EPS. On average, analysts forecast that Kratos Defense & Security Solutions will post 0.48 earnings per share for the current fiscal year.

Insider Activity

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 5,000 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $63.74, for a total transaction of $318,700.00. Following the transaction, the chief financial officer owned 290,161 shares of the company’s stock, valued at $18,494,862.14. This represents a 1.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jonah Adelman sold 31,348 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $57.06, for a total value of $1,788,716.88. Following the sale, the insider owned 8,000 shares in the company, valued at $456,480. This trade represents a 79.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 144,036 shares of company stock worth $8,034,017. 1.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Kratos Defense & Security Solutions

A number of hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its holdings in Kratos Defense & Security Solutions by 22.6% in the 1st quarter. Royal Bank of Canada now owns 190,481 shares of the aerospace company’s stock valued at $5,655,000 after buying an additional 35,098 shares during the period. Amundi purchased a new position in shares of Kratos Defense & Security Solutions during the 1st quarter worth about $791,000. NewEdge Advisors LLC boosted its position in shares of Kratos Defense & Security Solutions by 64.4% in the first quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 515 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Kratos Defense & Security Solutions by 178.0% in the first quarter. Jones Financial Companies Lllp now owns 3,570 shares of the aerospace company’s stock worth $108,000 after acquiring an additional 2,286 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Kratos Defense & Security Solutions by 11.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 393,614 shares of the aerospace company’s stock valued at $11,686,000 after purchasing an additional 41,265 shares during the period. 75.92% of the stock is owned by institutional investors and hedge funds.

Key Kratos Defense & Security Solutions News

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Results exceeded expectations. Kratos reported second-quarter EPS of $0.21, up from $0.11 a year earlier and above the $0.14 analyst consensus. Revenue increased 30.5% year over year to $458.8 million, surpassing estimates of approximately $410 million. Kratos Earnings Beat
• Positive Sentiment: Management highlighted stronger second-half growth. The company cited increased capacity, program funding and bookings across hypersonics, jet engines, unmanned systems and counter-drone technologies. Kratos also views engines for low-cost cruise missiles as a significant future growth opportunity. KTOS Q2 Earnings Call Highlights
• Positive Sentiment: A new U.S. Army development contract adds strategic support. Kratos will develop an Enhanced Seeker for the Javelin missile system, expanding its role in precision weapons and missile technology. Kratos Receives U.S. Army Contract
• Positive Sentiment: Analyst sentiment remains supportive. Piper Sandler upgraded KTOS, and BTIG raised its price target to $104 while maintaining a Buy rating, reinforcing investor confidence following the earnings report. Kratos Upgraded at Piper Sandler
• Neutral Sentiment: Valuation remains a risk. With a high earnings multiple and relatively modest profitability, KTOS could be vulnerable if program launches, capacity expansion or defense bookings fall short of expectations.
• Negative Sentiment: Cantor Fitzgerald reduced its price target to $100 from $115, although it retained an Overweight rating. Separately, CFO Deanna Lund sold 5,000 shares under a pre-arranged Rule 10b5-1 plan; the sale was a small reduction in her holdings but may provide a minor counterpoint to the bullish news. KTOS Insider Sale

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.