JP Morgan Rates Kratos Defense & Security Solutions (KTOS) buy

JP Morgan raises its rating on Kratos Defense & Security Solutions, Inc. to Buy, setting a price target of $82, a 43.19% upside from the current price.

By EarningsIQ Research Desk · Published Jun 12, 2026, 9:11 PM EDT · Updated Jun 18, 2026, 5:01 AM EDT

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JP Morgan rated Kratos Defense & Security Solutions, Inc. ($KTOS) "buy" with a $82 price target on June 12, 2026.

Since the rating, $KTOS is down 11.5% after 1 week, down 18.7% after 1 month and down 30.0% to date (from the $57.75 close on Jun 12, 2026).

KTOS Kratos Defense & Security Solutions, Inc.

$40.42 -49.02% year to date

Daily close · Oct 16, 2026

Key Points

JP Morgan raised its rating on Kratos Defense & Security Solutions, Inc. (NasdaqGS: KTOS) to Buy, with a price target of $82, effective June 12, 2026.
The stock closed at $57.27 ahead of this announcement, significantly below the new target, suggesting potential upside.
The consensus from analysts shows strong confidence in Kratos, with a mean target price of $98.33 from 24 analysts.

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JP Morgan Upgrades Rating on Kratos Defense

JP Morgan has raised its rating on Kratos Defense & Security Solutions, Inc. (NasdaqGS: KTOS) to Buy, setting a new price target of $82. This upgrade was announced on June 12, 2026, and reflects JP Morgan's confidence in the company's performance and prospects.

What Changed in JP Morgan's Position

With this rating change, JP Morgan signals a positive outlook for Kratos Defense. The stock was trading at $57.27 when the upgrade was announced, indicating a significant potential gain if it reaches the new target price. This move highlights JP Morgan's belief in the company's growth potential within the aerospace and defense sector.

Institutional Interest in Kratos Defense

While there are no recent changes from other institutional funds reported, Kratos Defense has attracted attention from several analysts recently. For instance, on October 16, 2026, Macquarie initiated coverage with an Outperform rating and a target of $70. Goldman Sachs maintained their Buy rating with a target of $77, showing continued support for the stock's prospects. Barclays also initiated coverage with an Overweight rating and a $90 target, further indicating positive sentiment among analysts.

Stock Performance and Market Position

Kratos Defense shares are currently trading near $57.27, significantly below the new target price of $82 set by JP Morgan. The stock has seen a 52-week low of $37.84 and a high of $134.00, indicating volatility in its price. The stock is currently below its 50-day moving average of $49.87 and its 200-day moving average of $67.37, suggesting it may be undervalued at this time.

12-month forecast

$KTOS price target

Kratos Defense & Security Solutions, Inc. daily closes and this analyst's $82 target. Not advice.

Recent Earnings

Kratos Defense reported revenue of approximately $1.52 billion, reflecting a revenue growth of 30.5%. The company posted an EPS of $0.17, with a net margin of about 2.03%. Investors can look forward to the next earnings report scheduled for November 3, 2026, which may provide further insights into the company's performance and future outlook.

Analysts Set New Price Targets

In addition to JP Morgan's recent upgrade, several firms have shown interest in Kratos Defense. On October 12, 2026, Goldman Sachs maintained its Buy rating with a target of $77, while Jefferies kept a Buy rating with a target of $68. This collective support from analysts suggests a strong consensus on the stock's potential for growth.

What Kratos Defense & Security Solutions, Inc. Does

Kratos Defense & Security Solutions, Inc. specializes in providing technology and hardware for defense and national security. Their products include unmanned aerial systems and various advanced technologies aimed at supporting military operations. The recent upgrade by JP Morgan may boost investor confidence as the company continues to navigate a competitive landscape.

Looking Ahead for Kratos Defense

As we approach the next earnings report on November 3, 2026, investors will be watching closely for any updates on the company's performance. The recent upgrade from JP Morgan adds another layer of optimism around Kratos Defense, but as always, past performance and analyst ratings may not predict future results. Keep an eye on further analyst ratings and market developments as they unfold.