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KULR Technology Group ( (KULR) ) has provided an update.
KULR Technology Group reported a 63% increase in revenue for the second quarter of 2025, driven by strong product sales and strategic Bitcoin holdings. Despite a decrease in gross margins due to increased labor costs, the company achieved a net income of $8.14 million, largely attributed to the mark-to-market of its Bitcoin holdings. KULR’s recent inclusion in the Russell 3000® Index and expansion of Bitcoin holdings underscore its strategic growth and market positioning. The company also announced several operational advancements, including the deployment of Bitcoin mining machines and the release of new energy storage solutions, which are expected to enhance its competitive edge in the energy and technology sectors.
The most recent analyst rating on (KULR) stock is a Buy with a $40.00 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.
KULR’s overall score is primarily impacted by financial performance challenges, including negative profitability and cash flow issues. Technical analysis shows weak market momentum. However, strategic corporate events and positive earnings call initiatives provide some support, highlighting potential growth areas.
To see Spark’s full report on KULR stock, click here.
More about KULR Technology Group
KULR Technology Group, Inc. is a Bitcoin First Company that delivers cutting-edge energy storage solutions for space, aerospace, and defense. The company leverages its in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities to offer commercial-off-the-shelf and custom next-generation energy storage systems efficiently and cost-effectively.
Average Trading Volume: 2,657,441
Technical Sentiment Signal: Sell
Current Market Cap: $204.6M
For an in-depth examination of KULR stock, go to TipRanks’ Overview page.