KTOS, US50077B2079

Citizens cuts Kratos Defense stock target from USD 105.00 to USD 70.00

Published on 10/20/2026 at 20:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was USD 458.80 million in the second quarter. Kratos Defense stock costs EUR 34.99 on October 20, 2026, up 0.19 percent versus Tradegate.

Analyst target cut and revenue growth

Citizens lowered its Kratos target from USD 105.00 to USD 70.00 on October 19, 2026.
Second-quarter revenue reached USD 458.80 million, up 30.50 percent year over year.
Kratos Defense stock costs EUR 34.99 at Lang & Schwarz on October 20, 2026 at 8:06 p.m. CEST, 0.19 percent above the Tradegate close of October 20, 2026.
Kratos had a USD 7.4 billion market capitalization as of October 20, 2026.

KTOS, US50077B2079, Illustration mit AI erstellt.

Citizens analyst Trevor Walsh lowered the price target for Kratos Defense & Security Solutions from USD 105.00 to USD 70.00 while retaining an Outperform rating on October 19, 2026, Markets Insider reported. At Lang & Schwarz, Kratos Defense stock was EUR 34.99 on October 20, 2026 at 8:06 p.m. CEST, plus 0.19 percent versus the Tradegate close of October 20, 2026 at EUR 34.93.

Revenue growth remains substantial

Kratos reported second-quarter 2026 revenue of USD 458.80 million, up 30.50 percent from USD 351.50 million a year earlier. The company also reported USD 492.20 million in bookings and raised full-year 2026 revenue guidance to USD 1.750 billion to USD 1.810 billion, according to GlobeNewswire on October 8, 2026. The revenue comparison is the strongest operating counterweight to the recent target reductions.

How does the stock compare?

Kratos last traded at USD 39.32 on Nasdaq on October 20, 2026 at 2:09 p.m. ET. Its 52-week range was USD 37.84 to USD 134.00, placing the price 3.91 percent above the low, while volume reached 1,567,835 shares. The company had a USD 7.4 billion market capitalization and a trailing P/E ratio of 230.93.

Valuation and upcoming dates

The Citizens target cut highlights the tension between rapid growth and a high valuation. The IR calendar lists the August 4, 2026 second-quarter earnings call as the latest reported event, while Kratos describes its business as spanning unmanned systems, satellite communications, cybersecurity, hypersonic systems and missile defense on its investor-relations page.

Comparison with peers

Kratos Defense: plus 0.38 percent, P/E 230.93, market capitalization USD 7.4 billion.

AeroVironment (Nasdaq, USD): plus 0.77 percent, P/E minus 20.41, market capitalization USD 6.0 billion.

Curtiss-Wright (NYSE, USD): minus 0.40 percent, P/E 34.03, market capitalization USD 18.3 billion.

Stock position after hours

The euro quotation is only 0.19 percent above the Tradegate close, while the Nasdaq price remains 3.91 percent above its 52-week low. For investors, the next valuation debate centers on whether 30.50 percent quarterly revenue growth can justify a P/E of 230.93 after Citizens cut its target to USD 70.00.

The further course of trading is shown by the continuously updated real-time quote of Kratos Defense stock.