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KTOS

Kratos Defense & Security Solutions Inc

OPPORTUNISTIC BUY 2026-08-01 Updated today USD 46.60 Industrials - Aerospace & DefenseIN BUY ZONE
57

Position levels

Currenttoday
USD 46.60
Buy <=wait / entry
USD 52.67
Trim >=take some off
USD 78.00
Thesis breakThe thesis would be invalidated by a sustained drop in book-to-bill below one co...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case23%100 / 10023.0
Base case51%62 / 10031.6
Bear case26%10 / 1002.6
Weighted conviction57 / 100 - OPPORTUNISTIC BUY

Top risks

  • Kratos Government Solutions Q3 2025 organic revenue growth of 20.0% and Q4 growth of 22.2% with consolidated book-to-bill ratios of 1.2x and 1.3x
  • Unmanned Systems Q3 2025 organic revenue growth of 35.8% and full-year 2025 consolidated organic revenue growth of 16.6%
  • Raised full-year 2026 organic revenue growth forecast to 15-20% above 2025 with 100BP adjusted EBITDA margin expansion and preliminary 2027 target of 18-23% growth
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.