KTOS, US50077B2079

Macquarie sets USD 70.00 target for Kratos Defense stock

Published on 10/17/2026 at 19:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was USD 458.80 million in the second quarter. Kratos Defense stock was last at EUR 36.04 on October 16, 2026, 0.08 percent above Tradegate.

Analyst view and earnings date

Macquarie set a USD 70.00 target for Kratos Defense on October 16, 2026.
Revenue was USD 458.80 million in the second quarter of 2026.
Kratos Defense stock was last at EUR 36.04 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, 0.08 percent above the Tradegate price.
Kratos is scheduled to report third-quarter 2026 earnings on October 29, 2026.

KTOS, US50077B2079, Illustration mit AI erstellt.

Macquarie initiated coverage of Kratos Defense with an Outperform rating and set a USD 70.00 price target on October 16, 2026, according to Markets Insider. The target stood 73.18 percent above the USD 40.42 Nasdaq price on October 16. The latest Lang & Schwarz quote was EUR 36.04 on October 16, 2026 at 11:00 p.m. CEST, 0.08 percent above the Tradegate price of EUR 36.01 on the same date.

Revenue growth remains visible

Kratos reported USD 458.80 million in revenue for the second quarter of 2026, up 30.53 percent from USD 351.50 million in the year-earlier quarter. Net profit reached USD 4.40 million, compared with USD 2.90 million a year earlier, according to Markets Insider.

Stock stays above its yearly low

The USD 40.42 Nasdaq price on October 16 stood 6.81 percent above the USD 37.84 52-week low and 69.84 percent below the USD 134.00 high. Trading volume reached 5.51 million shares, versus an average of 3.99 million, a difference of 38.13 percent. The figures place the stock near the lower end of its yearly range.

On October 14, Kratos had announced the start of construction for new radar and hypersonics testing facilities in Indiana. The project includes USD 35.00 million in funding and company cost-sharing, while the radar complex covers 183,000 square feet, according to Kratos Defense.

Valuation and reporting date

Kratos had a market capitalization of USD 7.6 billion and a trailing P/E ratio of 237.21 on October 16. The next scheduled reporting date is October 29, 2026, when Kratos is expected to publish third-quarter results, according to Barron's.

Comparison with peers

Kratos Defense (Nasdaq, USD): plus 0.08 percent, P/E 237.21, market capitalization USD 7.6 billion as of October 16, 2026.
AeroVironment (Nasdaq, USD): minus 1.16 percent, P/E minus 20.93, market capitalization USD 6.2 billion as of October 16, 2026.
Lockheed Martin (NYSE, USD): plus 1.74 percent, market capitalization USD 115.2 billion as of October 8, 2026.

Price remains the immediate marker

For investors, the combination of a USD 70.00 analyst target and a USD 40.42 Nasdaq price leaves a wide valuation gap, while the 237.21 trailing P/E makes execution important. The latest German quotation was EUR 36.04 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, 0.08 percent above the Tradegate price of EUR 36.01 on October 16, 2026. The further course of trading is shown by the continuously updated real-time quote of Kratos Defense stock.