Kopin (KOPN) Valuation After New DarkWAVE Order from Theon International: Assessing the Risks and Opportunities

Kopin (KOPN) reported a $1 million development order for its DarkWAVE module from Theon International, moving the 960p platform toward production readiness. The share price has seen short-term momentum pick up, but the long-term record is weaker. With a current share price of $2.99 and an analyst price target of $4.69, the key question is whether DarkWAVE and defense demand leave room for upside or if the market is already pricing in future growth.