#3 - Kratos Defense & Security Solutions (NASDAQ:KTOS)
Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS) is a technology company that works with the defense, national security, and commercial markets. Part of the company’s portfolio is drone solutions.
The company is one of the leading providers of high-performance, jet-powered unmanned aerial systems, and has two full-scale families of tactical and target unmanned jet drones. One example is its XQ-58A Valkyrie drone, which flew alongside a pair of F-35s for the first time in April 2024.
KTOS is a mid-cap stock with a market cap of $3.79 billion. Through the first two quarters of 2024, the company has delivered an 18% year-over-year (YOY) revenue growth and eye-popping 73% YOY earnings growth.
Not surprisingly, the stock is up more than 70% in the past year and is trading near the top of its 52-week range. However, KTOS stock is still considered a Moderate Buy according to the analyst forecasts on MarketBeat.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.
More- Current Price
- $25.26
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 7 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $30.67 (21.4% Upside)
