Scott Buck, an analyst from H.C. Wainwright, maintained the Buy rating on Knightscope Inc Class A (KSCP – Research Report). The associated price target remains the same with $12.00.
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Scott Buck has given his Buy rating due to a combination of factors that suggest a positive outlook for Knightscope Inc Class A. The company’s recent quarterly results showed a significant increase in revenue, which aligns with expectations and indicates a promising trajectory as they work through their backlog. This growth is anticipated to continue, particularly in the latter half of 2025, driven by favorable long-term trends that are expected to bolster revenue.
Despite some short-term challenges such as potential tariffs and macroeconomic uncertainties, Buck believes these issues are manageable and should not significantly impact the company’s performance. The move to a new facility might cause temporary disruptions, but it is expected to lead to greater efficiency in the long run. Additionally, the company’s disciplined approach to managing operating expenses and the potential for new contracts serve as positive catalysts for the stock. Therefore, Buck recommends taking advantage of any short-term share price weaknesses to build a position ahead of anticipated stronger financial results.
In another report released yesterday, Lake Street also reiterated a Buy rating on the stock with a $9.00 price target.