Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
KULR Technology Group ( (KULR) ) has issued an update.
On January 14, 2026, KULR Technology Group announced it had been awarded a five-year preferred battery supply agreement from Miami-based renewable energy company Caban Energy, expected to generate about $30 million in revenue starting in 2026. As part of a broader strategic collaboration, KULR also acquired Caban’s Plano, Texas manufacturing assets and secured a manufacturing and supply agreement that gives it first right of refusal to produce all UL-certified battery products for Caban over an initial five-year term, moves that significantly expand KULR’s U.S. manufacturing footprint and accelerate its push into communications, fiber, and data center energy storage markets while reinforcing its positioning in mission-critical digital infrastructure.
The most recent analyst rating on (KULR) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
Spark’s Take on KULR Stock
According to Spark, TipRanks’ AI Analyst, KULR is a Neutral.
Overall score is driven primarily by weak financial performance (losses and negative operating/free cash flow despite strong revenue growth). Offsetting this, the earnings call conveyed a notably optimistic growth outlook and strong balance sheet positioning (no debt), while technicals are neutral-to-slightly positive and valuation support is limited due to negative earnings and no dividend.
To see Spark’s full report on KULR stock, click here.
More about KULR Technology Group
KULR Technology Group, Inc. is an energy-management and reliability platform company that provides certifiable battery safety, vibration mitigation, and thermal control solutions for ultra-high-power lithium-ion systems and sensitive electronics. Its technologies serve space and defense missions, hyperscale AI data centers, telecom infrastructure, mobility applications, and increasingly digital infrastructure and telecommunications markets that require high-reliability backup power and energy storage.
Average Trading Volume: 1,766,847
Technical Sentiment Signal: Sell
Current Market Cap: $157.1M
For detailed information about KULR stock, go to TipRanks’ Stock Analysis page.