Kratos Defense & Security Solutions beats quarterly earnings estimates

Kratos Defense & Security Solutions reported quarterly earnings that exceeded analyst expectations. The aerospace company reported earnings per share of $0.21, surpassing the consensus estimate of $0.14, with quarterly revenue reaching $458.80 million against an expected $410.36 million.

Following these results, several financial institutions updated their outlooks for the company. Noble Financial raised its Q3 2026 EPS estimate to $0.16 from a previous forecast of $0.14. Jefferies Financial Group set a price target of $105.00, while Cantor Fitzgerald adjusted its price objective from $115.00 to $100.00 with an “overweight” rating. Other analysts, including Citigroup, have maintained or reissued positive ratings such as “market outperform.”

The company currently holds a market capitalization of approximately $11.72 billion. While individual analyst opinions vary—ranging from “Strong Buy” to “Sell”—the consensus rating for the stock is a “Moderate Buy” with an average target price of $101.29.