Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock Gets Price Target Cut from KeyCorp

Kratos Defense & Security Solutions (NASDAQ:KTOS) had its target price trimmed by KeyCorp from $130.00 to $75.00 in a research report report published on Monday morning,Benzinga reports. The firm currently has an overweight rating on the aerospace company’s stock.

A number of other equities research analysts have also recently commented on KTOS. Piper Sandler dropped their price objective on shares of Kratos Defense & Security Solutions from $75.00 to $61.00 and set an “overweight” rating on the stock in a research note on Friday, October 23rd. Stifel Nicolaus cut their target price on shares of Kratos Defense & Security Solutions from $134.00 to $115.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Cantor Fitzgerald decreased their target price on shares of Kratos Defense & Security Solutions from $115.00 to $100.00 and set an “overweight” rating for the company in a research note on Tuesday, August 4th. Canaccord Genuity Group increased their price target on shares of Kratos Defense & Security Solutions from $130.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Barclays initiated coverage on shares of Kratos Defense & Security Solutions in a report on Friday, October 9th. They set an “overweight” rating and a $90.00 price target on the stock. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $83.65.

Kratos Defense & Security Solutions Stock Down 12.3%

Kratos Defense & Security Solutions stock opened at $35.96 on Monday. The firm has a market cap of $6.75 billion, a price-to-earnings ratio of 85.40 and a beta of 1.18. Kratos Defense & Security Solutions has a 52 week low of $35.71 and a 52 week high of $134.00. The business’s 50-day moving average price is $44.24 and its 200 day moving average price is $63.52. The company has a quick ratio of 4.99, a current ratio of 5.54 and a debt-to-equity ratio of 0.04.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.07. Kratos Defense & Security Solutions had a return on equity of 3.07% and a net margin of 2.03%. The company had revenue of $458.80 million during the quarter, compared to analysts’ expectations of $410.36 million. During the same period last year, the business earned $0.11 earnings per share. Kratos Defense & Security Solutions’s quarterly revenue was up 30.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Kratos Defense & Security Solutions will post 0.59 earnings per share for the current year.

Insider Buying and Selling

In other Kratos Defense & Security Solutions news, insider Steven Fendley sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $56.16, for a total value of $393,120.00. Following the sale, the insider directly owned 288,111 shares of the company’s stock, valued at approximately $16,180,313.76. This trade represents a 2.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Eric Demarco sold 300,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $64.33, for a total value of $19,299,000.00. Following the completion of the sale, the chief executive officer owned 761,632 shares of the company’s stock, valued at $48,995,786.56. This trade represents a 28.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 373,013 shares of company stock worth $23,340,582 in the last ninety days. 1.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Gables Capital Management Inc. lifted its position in shares of Kratos Defense & Security Solutions by 6.6% in the third quarter. Gables Capital Management Inc. now owns 35,435 shares of the aerospace company’s stock valued at $1,513,000 after acquiring an additional 2,185 shares in the last quarter. Fulcrum Asset Management LLP boosted its stake in shares of Kratos Defense & Security Solutions by 5,877.9% in the third quarter. Fulcrum Asset Management LLP now owns 10,282 shares of the aerospace company’s stock worth $443,000 after acquiring an additional 10,110 shares during the last quarter. Ethic Inc. boosted its stake in shares of Kratos Defense & Security Solutions by 40.1% in the third quarter. Ethic Inc. now owns 10,150 shares of the aerospace company’s stock worth $433,000 after acquiring an additional 2,907 shares during the last quarter. Kornitzer Capital Management Inc. KS increased its position in shares of Kratos Defense & Security Solutions by 146.3% during the third quarter. Kornitzer Capital Management Inc. KS now owns 217,813 shares of the aerospace company’s stock worth $9,298,000 after purchasing an additional 129,364 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of Kratos Defense & Security Solutions by 19.7% during the third quarter. Kestra Advisory Services LLC now owns 54,688 shares of the aerospace company’s stock worth $2,335,000 after purchasing an additional 8,994 shares in the last quarter. 75.92% of the stock is owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions News Summary

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

• Positive Sentiment: KeyBanc lowered its price target but reportedly still sees about 83% upside, while noting Kratos has raised its revenue forecast twice, most recently to a range beginning at $1.75 billion. Article: Kratos Is Down 46% in 2026. KeyBanc Cut Its Target but Still Sees 83% Upside
• Neutral Sentiment: Institutional investors are split: ARK Invest increased its KTOS stake by 34% in the second quarter, while Jericho Capital sold its entire 2.65-million-share position. The buying offers a positive signal, but the sizable exit highlights disagreement about the stock’s prospects. Article: Cathie Wood Bought Kratos. A $12 Billion Fund Sold All of It. Who’s Right?
• Neutral Sentiment: Investors are awaiting the upcoming quarterly results and earnings call, which could clarify whether growth and raised revenue expectations can support the stock. Article: Kratos Defense & Security Solutions Projected to Announce Quarterly Earnings on Thursday
• Negative Sentiment: KeyCorp issued a pessimistic forecast for KTOS, adding to analyst concerns. KeyBanc’s price-target reduction is also a near-term headwind, even though it reportedly retained substantial upside potential. Article: KeyCorp Issues Pessimistic Forecast for Kratos Defense & Security Solutions Stock Price

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc is a technology and defense contractor that develops systems and products for national security applications. The company supports the U.S. Department of Defense, intelligence agencies, national security-related organizations and selected commercial customers, with an emphasis on affordable, rapidly deployable technologies.

Its offerings include unmanned aerial and target systems, hypersonic and high-speed systems, rocket and propulsion technologies, satellite communications equipment, microwave electronics, radar and missile-defense systems, electronic warfare solutions, command-and-control systems, and virtual and live training products.