Kopin Corporation (NASDAQ: KOPN) has garnered a consensus recommendation of “Moderate Buy” from five brokerages currently covering the firm. According to Marketbeat.com, one analyst has issued a sell rating, while four others have provided buy ratings, leading to an average 1-year price target of approximately $4.69.
Several analysts have recently published reports on Kopin shares, reflecting varying perspectives on the stock’s potential. On November 13, Lake Street Capital raised its price target from $3.00 to $4.00, reaffirming a “buy” rating. Stifel Nicolaus initiated coverage on October 17, recommending a buy with a price objective of $5.50. Additionally, Craig Hallum began its coverage on October 22, setting a target price of $6.00 along with a buy rating.
In contrast, Weiss Ratings maintained a “sell (e+)” rating in a research note issued on October 8. Meanwhile, Canaccord Genuity Group raised its price objective from $3.00 to $3.25, also giving it a buy rating on November 13.
Kopin’s stock opened at $2.72 on November 12. The company has a market capitalization of $496.43 million, a price-to-earnings (P/E) ratio of -68.00, and a beta of 2.70. Over the past year, the stock has experienced a 52-week low of $0.71 and a high of $4.16. The stock’s 50-day and 200-day simple moving averages stand at $2.60 and $2.42, respectively.
Kopin recently reported its quarterly earnings on November 12, revealing earnings per share (EPS) of $0.02, surpassing analysts’ consensus estimates of $(0.01) by $0.03. The company generated revenue of $11.96 million for the quarter, falling short of expectations of $13.89 million. Analysts anticipate that Kopin will post earnings per share of $(0.14) for the current year.
Based in Westborough, Massachusetts, Kopin Corporation specializes in developing and manufacturing high-resolution microdisplays and optical components designed for wearable electronics. The company produces liquid crystal on silicon (LCOS) and organic light-emitting diode (OLED) microdisplays along with complete display engines and optical modules for applications in augmented reality (AR), virtual reality (VR), industrial, medical, and defense sectors.
As analysts continue to evaluate Kopin’s performance and market potential, the company remains positioned at a critical juncture in the evolving tech landscape.
