RBC Capital Cuts Price Target on Kratos Defense & Security Solutions, Inc. (KTOS) to $80, Keeps Outperform Rating

The accommodation followed the company’s first-quarter 2026 results, which reported 16% integrated gross maturation to $371 million. Adjusted EBITDA borderline came successful astatine conscionable implicit 10%. Adjusted EPS stood astatine $0.16, up 33% year-over-year.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) besides raised its full-year guidance for 2026 to see the interaction of Nomad and Orbit acquisitions. RBC Capital noted that portion the summation reflected spot crossed the business, it was cutting the estimated EBITDA aggregate for the institution from 65-times to 50-times, citing continued talks astir delayed declaration grant timings.

Following the results, Citizens besides trimmed its terms people connected the banal to $105 from $125 and kept a Market Outperform rating, portion Piper Sandler chopped the terms people to $75 from $99 and reiterated a Neutral rating.

As of the adjacent of concern connected May 8, KTOS is simply a Strong Buy based connected recommendations from 14 analysts and has an mean share-price upside imaginable of 81%.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is simply a exertion institution focused connected the improvement of precocious products and systems for defense, nationalist security, and commercialized markets.

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