Canaccord analyst Austin Moeller raised the firm’s price target on Kratos Defense (KTOS) to $130 from $125 and keeps a Buy rating on the shares. The firm updated its model following Q1 results and management raised FY26 guidance on the top and bottom line while concurrently issuing expectations for Q2/26.
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Read More on KTOS:
- Kratos Defense price target raised to $84 from $82 at Clear Street
- Defiance Drone & Modern Warfare ETF (JEDI) Surpasses $100 Million in AUM — Inside the Holdings Riding the Anduril Supply Chain and the Drone Warfare Boom
- Kratos Defense reports Q1 EPS 7c, consensus 13c
- Kratos Defense sees Q2 revenue $400M-$410M, consensus $412.63M
- Kratos Defense raises FY26 revenue view to $1.7B-$1.76B from $1.6B-$1.68B