Is Kratos Defense & Security Solutions, Inc. (KTOS) The Best Drone Stock To Buy Right Now?

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Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is among the 10 Best Drone Stocks to Buy Right Now. On November 18, BNP Paribas Exane initiated sum of the banal with a Neutral standing and a stock terms people of $80.

Is Kratos Defense & Security Solutions, Inc. (KTOS) The Best Drone Stock To Buy Right Now?

Is Kratos Defense & Security Solutions, Inc. (KTOS) The Best Drone Stock To Buy Right Now?

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Based connected the ratings and terms targets of 15 analysts arsenic of the adjacent of concern connected November 26, the banal has beardown affirmative sentiment, with a one-year mean stock terms people of $99.80, representing an upside imaginable of 31.71%.

BNP Paribas Exane’s initiation of sum follows BTIG’s price-target accommodation earlier successful the month, erstwhile the steadfast lifted its people to $95 from $80 portion keeping a Buy standing connected the stock.

BTIG noted Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)’s promising investments successful tactical drones and hypersonics, which person resulted successful an encouraging effect from customers. The expert besides added that the company’s caller declaration wins were owed to an accrued absorption connected caller opportunities.

In different news, connected November 14, Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) announced that it would get Orbit Technologies Ltd. for $356.3 million, with the transaction to beryllium afloat funded done cash.

The buyout of the Israel-based steadfast would adhd to the drone maker’s capabilities, equipping it with captious satellite-based communications for unmanned, mobile, and subject systems.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative and affordable products and platforms for nationalist information needs. The banal has surged 187% year-to-date arsenic of the adjacent connected November 26.

While we admit the imaginable of KTOS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 8 Best Small-Cap Defense Stocks to Buy Right Now and 13 Most Undervalued Stocks Under $20.

Disclosure: None.

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