Kratos rises after NASA award adds to momentum ahead of earnings

Kratos Defense & Security Solutions (KTOS) is up 6.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The clearest catalyst appears to be Kratos’ newly announced $33.6 million contract tied to NASA’s SR-1 Freedom mission, which gives investors another sign of demand in the company’s space and advanced propulsion businesses. The gain may also reflect improving sentiment ahead of the company’s November 5, 2026 third-quarter report after management previously raised its full-year outlook and described stronger second-half momentum.

Details:

Kratos announced on October 28 that it won a $33.6 million subcontract to design, build, and deliver the power conversion system for NASA’s SR-1 Freedom spacecraft.

The mission is targeted for a 2028 launch and is described as the first U.S. nuclear fission reactor-powered interplanetary spacecraft, giving the award strategic visibility beyond its dollar value.

In its second-quarter 2026 results, Kratos reported revenue of $458.8 million, up 30.5% from a year earlier, and raised full-year 2026 revenue guidance to a range of $1.75 billion to $1.81 billion.

Kratos also said it will report third-quarter 2026 results after the market close on November 5, which can sometimes pull buyers into shares when recent contract news lines up with an existing growth narrative.

Sources:

Kratos Defense & Security Solutions, SEC, StockAnalysis

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$KTOS Insider Trading Activity

$KTOS insiders have traded $KTOS stock on the open market 71 times in the past 6 months. Of those trades, 0 have been purchases and 71 have been sales.

Here’s a breakdown of recent trading of $KTOS stock by insiders over the last 6 months:

ERIC M DEMARCO (President & CEO) has made 0 purchases and 4 sales selling 300,000 shares for an estimated $19,300,304.
STEVEN S. FENDLEY (President, US Division) has made 0 purchases and 9 sales selling 63,000 shares for an estimated $3,500,482.
PHILLIP D CARRAI (President, STC Division) has made 0 purchases and 20 sales selling 59,000 shares for an estimated $3,289,369.
JONAH ADELMAN (President, ME Division) sold 31,348 shares for an estimated $1,788,625
DEANNA H LUND (EVP & CFO) has made 0 purchases and 16 sales selling 34,000 shares for an estimated $1,757,671.
SCOT B JARVIS sold 10,000 shares for an estimated $634,961
STACEY G ROCK (President, KTT Division) has made 0 purchases and 5 sales selling 8,675 shares for an estimated $495,622.
DAVID M CARTER (President, DRSS Division) has made 0 purchases and 6 sales selling 8,000 shares for an estimated $425,417.
MARIE MENDOZA (SVP & General Counsel) has made 0 purchases and 7 sales selling 6,039 shares for an estimated $339,429.
BRADLEY L BOYD sold 3,000 shares for an estimated $156,240
BOBBI DOORENBOS sold 2,500 shares for an estimated $143,225

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

EARLY ACCESS

Receive KTOS Data Alerts

Real-time alerts on filings, insider trades, and market signals — before everyone else.

Get Alerts →

$KTOS Hedge Fund Activity

We have seen 350 institutional investors add shares of $KTOS stock to their portfolio, and 391 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. removed 7,627,817 shares (-24.1%) from their portfolio in Q2 2026, for an estimated $380,322,955
FIRST TRUST ADVISORS LP added 3,314,308 shares (+122.7%) to their portfolio in Q2 2026, for an estimated $165,251,396
FRANKLIN RESOURCES INC removed 3,210,459 shares (-80.7%) from their portfolio in Q2 2026, for an estimated $160,073,485
JERICHO CAPITAL ASSET MANAGEMENT L.P. removed 2,649,578 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $132,107,959
PRICE T ROWE ASSOCIATES INC /MD/ removed 1,772,367 shares (-83.0%) from their portfolio in Q2 2026, for an estimated $88,370,218
WESTFIELD CAPITAL MANAGEMENT CO LP removed 1,563,146 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $77,938,459
GEODE CAPITAL MANAGEMENT, LLC removed 1,552,655 shares (-29.5%) from their portfolio in Q2 2026, for an estimated $77,415,378

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$KTOS Price Targets

Multiple analysts have issued price targets for $KTOS recently. We have seen 9 analysts offer price targets for $KTOS in the last 6 months, with a median target of $85.0.

Here are some recent targets:

Sheila Kahyaoglu from Jefferies set a target price of $80.0 on 07/08/2026
Sam Brandeis from Wedbush set a target price of $85.0 on 07/01/2026
Seth Seifman from JP Morgan set a target price of $82.0 on 06/12/2026
Trevor Walsh from Citizens set a target price of $105.0 on 05/08/2026
Clarke Jeffries from Piper Sandler set a target price of $75.0 on 05/07/2026
Andre Madrid from BTIG set a target price of $100.0 on 05/07/2026
Matt Akers from BNP Paribas set a target price of $85.0 on 05/07/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.