#6 - Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a small-cap stock that invests in the new face of warfare. The San Diego-based company provides products and services like satellite communications, turbine technologies, and rocket support services for its customer base of defense contractors.
But what has many investors excited is that it manufactures advanced military drones. One example of this is the XQ-58A Valkyrie drone which will be one of the only fully stealth drones in the world.
In 2022, the company increased its revenue by $28 million annually. The company also recently announced receipt of a $174 million contract from the U.S. Navy.
KTOS stock has a 50% upside, according to the analysts surveyed by MarketBeat. And if the company can meet its revenue and earnings projections over the next five years, that price projection may be too light.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems. The company offers ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet-powered unmanned aerial drone systems, hypersonic vehicles, and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft, and launch systems; command, control, communication, computing, combat, intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter.
Read More - Current Price
- $34.05
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 7 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $28.30 (16.9% Downside)
