Kopin (KOPN) to Release Quarterly Earnings on Thursday

Kopin (NASDAQ:KOPN - Get Free Report) is projected to release its earnings data before the market opens on Thursday, March 13th. Analysts expect Kopin to post earnings of ($0.02) per share and revenue of $12.41 million for the quarter.

Kopin Stock Performance

Shares of KOPN traded up $0.03 during midday trading on Tuesday, hitting $1.34. 1,229,554 shares of the stock were exchanged, compared to its average volume of 6,079,840. The firm has a market cap of $212.79 million, a P/E ratio of -3.27 and a beta of 2.74. Kopin has a 52-week low of $0.56 and a 52-week high of $2.41. The stock has a fifty day simple moving average of $1.51 and a 200 day simple moving average of $1.13.

Wall Street Analysts Forecast Growth

KOPN has been the topic of a number of recent research reports. HC Wainwright reiterated a "buy" rating and set a $3.00 price target on shares of Kopin in a research note on Wednesday, November 13th. StockNews.com downgraded shares of Kopin from a "hold" rating to a "sell" rating in a research note on Saturday, December 21st. Finally, Canaccord Genuity Group boosted their target price on Kopin from $2.00 to $2.50 and gave the stock a "buy" rating in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $2.63.

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Kopin Company Profile

Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, microLED display technologies, application specific integrated circuits, backlights, and optical lenses; and head-mounted and hand-held VR products.