logo
Kratos Defense Stock (KTOS) Dips on Ceasefire Agreement

Kratos Defense Stock (KTOS) Dips on Ceasefire Agreement

Kratos Defense (KTOS) stock was down on Tuesday after a ceasefire agreement was reached between Israel and Iran. This saw it join other aerospace and defense companies that fell on the news, such as RTX (RTX) and Lockheed Martin (LMT).
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Kratos Defense also received updated analyst coverage yesterday:
Stifel Nicolaus analysts initiated coverage with a Buy rating and a $52 price target, suggesting a possible 29.42% upside for the shares.
Five-star Benchmark Co. analyst Josh Sullivan reiterated a Buy rating and increased his price target to $48 from $40, implying a 19.46% upside for KTOS stock.
Shares of KTOS stock were down 6.72% on Tuesday morning but are still up 54.28% year-to-date. The stock has also rallied 116.42% over the past 12 months.
Is Kratos Defense Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts' consensus rating for Kratos Defense is Strong Buy, based on six Buy and two Hold ratings over the past three months. With that comes an average KTOS stock price target of $43.57, representing a potential 6.79% upside for the shares.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Raytheon Launches MTS-A HD With RTX (RTX) Enhancing Naval Helicopter Operations
Raytheon Launches MTS-A HD With RTX (RTX) Enhancing Naval Helicopter Operations

Yahoo

time2 days ago

  • Yahoo

Raytheon Launches MTS-A HD With RTX (RTX) Enhancing Naval Helicopter Operations

Raytheon, as part of RTX, recently launched the MTS-A HD, enhancing capabilities for naval helicopter operations, which aligns with the company's innovative streak. Over the last quarter, RTX's 24% share price increase coincided with key developments including strong earnings where Q2 revenue rose to $21.6 billion and net income surged significantly from the previous year. Additionally, the company signaled growth initiatives with a dividend increase and a new product launch, which align with broader market bullish trends, where the S&P 500 reached record highs amid robust corporate earnings and economic optimism. While the market rose by 1.5% over the last week, these events reinforced RTX's upward trajectory. We've identified 3 possible red flags with RTX (at least 1 which is a bit unpleasant) and understanding the impact should be part of your investment process. We've found 16 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Raytheon's recent launch of the MTS-A HD may bolster RTX's narrative centered on technological advancements and portfolio optimization. This aligns with their strategic focus on technology investments, promising enhanced margins and resilience. Over a five-year period, RTX's total shareholder return was 206.30%, highlighting its substantial growth. In the past year, RTX matched the 37.1% return of the US Aerospace & Defense industry, emphasizing its consistency in performance. The recent news could positively influence RTX's revenue and earnings, reinforcing the optimistic forecasts of a 4.7% annual revenue growth and a rise in profit margins. With a current share price of US$156.07 and a price target of US$162.00, the slight discount to the price target suggests that the market may perceive further growth potential. However, as analysts have diverse views, with some bearish on RTX's near-term prospects, it is important for investors to independently assess whether these developments might translate into sustained earning elevations. According our valuation report, there's an indication that RTX's share price might be on the expensive side. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include RTX. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

RTX awarded $115.08M Navy contract modification
RTX awarded $115.08M Navy contract modification

Business Insider

time3 days ago

  • Business Insider

RTX awarded $115.08M Navy contract modification

RTX (RTX) was awarded a $115.08M contract modification to the previously awarded firm-fixed-price, cost-plus-incentive-fee and fixed-price incentive Lot 19 contract. This modification adds scope to procure long-lead time materials for the future production and delivery of F135 propulsion systems for the F-35 in support of the Joint Strike Fighter program for the Air Force, Marine Corps, Navy, F-35 Cooperative Program Partners, and Foreign Military Sales (FMS) customers. Work is expected to be completed in February 2028. The Naval Air Systems Command is the contracting activity. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Kratos Defense (KTOS) Positioned for Long-Term Growth in Next-Gen Warfare
Kratos Defense (KTOS) Positioned for Long-Term Growth in Next-Gen Warfare

Yahoo

time4 days ago

  • Yahoo

Kratos Defense (KTOS) Positioned for Long-Term Growth in Next-Gen Warfare

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is one of the best military tech stocks to buy now. Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) received a vote of confidence on July 22 as Citizens JMP raised its price target to $70 from $40, while maintaining an Outperform rating. At the current market price of $58, the new target implies a potential upside of around 21%. In a research note to investors, the firm highlighted several tailwinds expected to drive Kratos' growth in both the short and long term. These include the upcoming FY26 national defense budget, increased emphasis on commercial-military space alignment, and the growing significance of Operation Spiderweb, which analysts describe as a 'watershed moment' for drone-based warfare strategy. Citizens emphasized that field checks and sector trends suggest Kratos is well-positioned to benefit from shifting U.S. defense priorities. The company, long known for its focus on unmanned aerial systems and autonomous technologies, is viewed as being in the 'early innings' of what could be a prolonged growth cycle. With geopolitical tensions and the modernization of military systems accelerating demand for advanced drone platforms, analysts see Kratos as one of the more agile players in the space. Kratos specializes in tactical drones, directed energy, and autonomous defense systems for U.S. and allied forces. While we acknowledge the potential of KTOS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store