Kopin (NASDAQ:KOPN) Shares Gap Up – Time to Buy?

Kopin Corporation (NASDAQ:KOPN)’s stock price gapped up before the market opened on Wednesday. The stock had previously closed at $3.32, but opened at $3.61. Kopin shares last traded at $3.4450, with a volume of 648,080 shares.

Kopin News Roundup

Here’s some of the latest news about KOPN:

• Positive Sentiment: MicroLED manufacturing plans: Kopin is targeting a mid-2027 transition to MicroLED manufacturing as IBAS funding reaches $34 million. The planned transition could support commercialization, though the timing remains a target. Article: Kopin targets mid-2027 MicroLED manufacturing transition as IBAS funding reaches $34M
• Positive Sentiment: AI infrastructure partnership: Fabric.AI filed a patent application for MicroLED optical interconnect technology being developed jointly with Kopin. The proposed design aims to improve data-center bandwidth, efficiency and GPU synchronization, potentially strengthening the opportunity for Kopin’s technology. The performance figures are modeled, not proven in shipping hardware; a demonstration is expected in January 2027. Article: Fabric.AI files MicroLED optical interconnect patent application
• Negative Sentiment: Q3 earnings miss: Kopin reported a loss of $0.02 per share, one cent worse than the consensus estimate, versus earnings of $0.02 per share a year earlier. The quarterly loss may weigh on sentiment. Article: Kopin reports Q3 loss, beats revenue estimates

Analysts Set New Price Targets

KOPN has been the topic of a number of recent research reports. Canaccord Genuity Group upped their price objective on shares of Kopin from $6.25 to $6.50 and gave the stock a “buy” rating in a report on Friday, August 14th. Stifel Nicolaus set a $6.50 target price on shares of Kopin in a report on Friday, September 25th. Wall Street Zen raised Kopin from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Weiss Ratings cut Kopin from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 23rd. Finally, Oppenheimer restated an “outperform” rating on shares of Kopin in a research note on Wednesday. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $7.17.

Kopin Stock Up 11.4%

The stock’s fifty day moving average price is $4.13 and its 200 day moving average price is $3.78. The stock has a market cap of $687.53 million, a PE ratio of 92.40 and a beta of 3.72.

Kopin (NASDAQ:KOPN) last announced its quarterly earnings results on Tuesday, November 10th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Kopin had a net margin of 18.26% and a return on equity of 14.79%. The firm had revenue of $18.19 million for the quarter, compared to the consensus estimate of $15.96 million. During the same period last year, the business earned $0.02 EPS. On average, equities research analysts expect that Kopin Corporation will post -0.02 earnings per share for the current fiscal year.

Institutional Trading of Kopin

Several large investors have recently modified their holdings of KOPN. Meeder Asset Management Inc. purchased a new stake in shares of Kopin during the 2nd quarter valued at about $33,000. Quantbot Technologies LP purchased a new stake in Kopin in the 2nd quarter worth $39,000. Allworth Financial LP purchased a new stake in shares of Kopin during the second quarter worth about $41,000. Pension & Wealth Management Advisors Inc. bought a new stake in shares of Kopin during the third quarter valued at approximately $46,000. Finally, Altium Investment Strategies LLC bought a new stake in Kopin in the 3rd quarter valued at $42,000. Institutional investors own 30.96% of the company’s stock.

About Kopin

Kopin Corporation develops and supplies microdisplays, optical components and wearable display systems. Its technologies include active-matrix liquid-crystal, liquid-crystal-on-silicon and OLED displays, along with related optics and electronics used to create compact, high-resolution viewing systems. The company’s products serve defense, enterprise, medical and other markets. Applications include helmet-mounted displays, night-vision and thermal-imaging systems, industrial and training equipment, and medical devices.