B. Riley Securities has upgraded Kratos Defense and Security Solutions Inc (KTOS) from Neutral to Buy as of November 30, 2025. The current share price stands at $71.68.
This upgrade underscores a more optimistic outlook on the company’s prospects, suggesting improvements in fundamentals or business performance. Kratos, headquartered in San Diego, California, provides mission-critical products and services primarily for U.S. national security priorities. The company operates through two segments: Kratos Government Solutions (KGS) and Unmanned Systems (US).
As of November 7, 2025, Kratos has a market capitalization of $12.2 billion and a trailing twelve-month price-to-earnings ratio of 843.16, with earnings per share at $0.09. Recent earnings reports indicate consistent positive surprises, including a Q3 2025 EPS of $0.14, exceeding estimates by 10.1%.
Upcoming earnings are scheduled for May 5, 2026, with estimates of $0.15 EPS and $350.8 million in revenue, followed by another report on August 5, 2026, predicting $0.19 EPS and $408.7 million in revenue.
Analyst consensus remains positive, with a total of 23 analysts rating the stock: 8 as Strong Buy, 11 as Buy, and 4 as Hold. This update provides insight into the shifting analyst sentiment towards Kratos, reflecting confidence in its strategic direction and market positioning.