NASDAQ · KTOS

Kratos Defense & Security Solutions, Inc.

Industrials · Aerospace & Defense

$46.98▲ 0.51% ($0.24)at close

After hours$47.25▲ 0.58%7:59 PM ET

52-week

$43.09$134.00

What the market price implies · Reverse DCF

Historical revenue grew by 13.5%/yr over the past 4 years.

Selected forecast · Base scenario

12.63%/yr · actual 10-year annualized revenue growth

Year 1 growth: 19.83%

Market-implied · Base operating assumptions + edited margins

Unavailable · flat 10-year annualized revenue growth

Reverse DCF solves revenue growth itself using Base operating assumptions and your edited margins. Changing forecast growth alone does not change the implied rate. This is a model-implied requirement, not an analyst forecast.

No supported revenue growth rate matches this price with these operating assumptions.

Valuation

Recommended · Revenue & margin DCF

Price used

$46.98

Estimated value / share

Unavailable

Base scenario

USD · TTM ending 2026-06-28

More than 85% of this valuation sits in the terminal value beyond year 10, so the result is driven by the perpetuity assumption rather than the projected decade. The valuation is not shown.

Year 1 growth 19.83% · Ending margin 1.54% · Discount rate 11.07%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 10, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-28
Data refreshed: Sep 11, 2026, 2:11 AM UTC · provider

Why this method?

There is not a stable run of positive FCFF to anchor a direct cash-flow CAGR, so the model should start from revenue and margin assumptions instead.

Is FCFF positive and has it been for 3+ consecutive years? Latest FCFF is not positive.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: -28.45%Revenue (TTM): 25.5%FCF (TTM): -110.62%P/E: 71st pct

What changed

The stock fell 28.45% over the last year. Revenue grew 25.5% over the trailing twelve months. Operating margin moved from 1.63% to 1.54%. Free cash flow declined 110.62% over the trailing twelve months.

What the market seems to be pricing

The stock has moved lower with no clear directional signal from operating metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.

What would invalidate this read

Operating margin currently stands at 1.54%. A decisive move in revenue — currently up 25.5% — would be the clearest signal to resolve the ambiguity.

Performance

Return analysis

Company profile

Kratos Defense & Security Solutions, Inc. primarily functions as a contractor for the United States Department of Defense.

CEOEric DeMarco

SectorIndustrials

IndustryAerospace & Defense

Employees4,300

IPO dateNov 5, 1999

https://www.kratosdefense.com

Market multiples

Forward P/E—

EV/EBITDA124.56

Enterprise value$12.93B

Stock splits

Sep 11, 2009↓ Reverse

Every 10 shares became 1

-90%

Profitability & growth

Revenue growth30.53%

Gross margin21.99%▼3.1ppvs FY2024

Operating margin1.54%▼0.5ppvs FY2024

ROE1.15%▼0.2ppvs FY2025

Analyst consensus

RatingBuy

Target price$100.17▲113.22%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 3, 2026

Q4 FY26 · EPS est $0.21 · Revenue est $469.65M

View