Benchmark analyst Josh Sullivan maintains a "Buy" rating for Kratos Defense & Security (KTOS) with a raised price target of $50.00, a 4.17% increase. This reflects confidence in the company's strategic initiatives and future growth prospects. The average one-year price target is $44.18, with a high estimate of $54.00 and a low estimate of $37.00. The average brokerage recommendation is 2.0, indicating "Outperform" status.
Benchmark analyst Josh Sullivan has maintained a "Buy" rating for Kratos Defense & Security (KTOS) and raised the price target to $50.00, representing a 4.17% increase from the previous target. This move reflects confidence in the company's strategic initiatives and future growth prospects [2].
The average one-year price target for KTOS is $44.18, with a high estimate of $54.00 and a low estimate of $37.00. The average brokerage recommendation is 2.0, indicating an "Outperform" status [3].
Several other analysts have also expressed optimism about KTOS. Stifel has raised its price target to $54.00, highlighting the potential of the Prometheus joint venture with Rafael Advanced Defense Systems [1]. Goldman Sachs upgraded KTOS to a "Buy" rating, citing strategic investments in critical defense supply chain areas and the growing demand for drone and missile systems [1].
These positive analyst ratings come amidst a backdrop of increased defense spending and strategic initiatives. Kratos recently completed a $500 million equity raise, which is expected to support investments and capital expenditures related to national security programs and strategic acquisitions [1]. The company is also positioned to benefit from the FY26 defense budget and the $150 billion Reconciliation Bill, which directly adds over $1 billion to known Kratos programs [2].
References:
[1] https://www.investing.com/news/analyst-ratings/stifel-raises-kratos-defense--security-stock-price-target-to-54-on-equity-raise-93CH-4122484
[2] https://www.investing.com/news/analyst-ratings/benchmark-raises-kratos-defense-stock-price-target-to-50-on-defense-budget-boost-93CH-4126818
[3] https://www.tipranks.com/stocks/ktos/forecast
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