Kratos Defense Price Target Trimmed to $98.38 as Analysts Maintain Buy Rating
Analysts covering Kratos Defense & Security Solutions, Inc. (KTOS) have lowered the stock's average 12-month price target from $99.52 to $98.38. The updated average is based on estimates from 26 analysts, whose individual price targets span from $55 to $150 per share.
Despite the minor reduction in the average target, Wall Street sentiment around the company remains strongly positive. Out of 27 analysts tracking the stock, 26 rate it as a Buy, while 1 recommends a Hold and none advise Selling. Based on the October 15 closing price, the revised average target suggests roughly 141% upside potential. The stock recently traded at $40.74, reflecting a daily gain of 3.59%.
Investors will monitor whether upcoming quarterly financial results and future contract announcements can help narrow the gap between the current share price and the bullish analyst expectations. Market participants will also track whether covering analysts adjust their individual forecasts as new operational data becomes available.
Key points
- Analysts trimmed the 12-month average price target for Kratos Defense & Security Solutions, Inc. to $98.38 from $99.52.
- Individual analyst price targets range from $55 to $150 per share across 26 submitting forecasts.
- The consensus rating remains a Buy, with 26 of 27 covering analysts issuing Buy recommendations and 1 Hold.
- Based on the October 15 close, the updated price target implies about 141% potential upside.
- Shares were recently priced at $40.74, reflecting a 3.59% increase for the session.
Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org
How we writeDisclaimerQuestions and answers
What is the new average price target for Kratos Defense stock?
The average 12-month price target for Kratos Defense & Security Solutions, Inc. was adjusted to $98.38 from $99.52, with analyst price targets ranging between $55 and $150 per share.
What is the consensus analyst rating for Kratos Defense?
The consensus rating remains a Buy. Out of 27 analysts covering the stock, 26 give it a Buy rating, 1 rates it a Hold, and none recommend Selling.
How much potential upside does the updated Kratos Defense price target imply?
Based on the October 15 closing price, the revised average target of $98.38 implies approximately 141% potential upside.