#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 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
- $25.05
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 6 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $25.40 (1.4% Upside)
