Shares of aerospace and defense company Kratos (NASDAQ:KTOS)
fell 5.9% in the morning session after the company announced the pricing of a public stock offering expected to raise approximately $484 million. The defense technology company priced about 13 million shares at $38.50 each, a discount to its previous closing price.
The equity raise comes as Kratos expands its role in next-gen defense systems, including a new propulsion partnership with GE Aerospace and growing investor interest driven by bullish analyst coverage.
Shares of Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS) are trading higher Monday following an upwardly revised price target and more bullish outlook from Benchmark.
Investor Steve Eisman has a surprising take on the escalating tensions in the Middle East, one that cuts from conventional wisdom during periods of geopolitical conflicts.
As tensions continue to flare in the Middle East, U.S. Stock futures inch lower on Wednesday evening, compounded by the Fed's decision to hold rates steady, while warning of lower economic growth and persistent inflation.
U.S. stock futures remain unfazed by President Donald Trump's calls for an "Unconditional Surrender" by Iran on Tuesday night, as tensions continued to flare in the Middle East.
A number of stocks jumped in the pre-market session after Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East.
Exciting developments are taking place for the stocks in this article.
They’ve all surged ahead of the broader market over the last month as catalysts such as new products and positive media coverage have propelled their returns.
Aerospace and defense company Kratos (NASDAQ:KTOS) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 9.2% year on year to $302.6 million. On the other hand, next quarter’s revenue guidance of $305 million was less impressive, coming in 3.3% below analysts’ estimates. Its non-GAAP profit of $0.12 per share was 32.8% above analysts’ consensus estimates.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Kratos (NASDAQ:KTOS) and the rest of the defense contractors stocks fared in Q1.
A number of stocks jumped in the morning session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025.
