GE Aerospace just beat on sales, earnings, and lifted guidance. Shares fell anyway. Dive into the results, the curious market reaction, and future outlook.
Shares of aerospace and defense company Kratos (NASDAQ:KTOS)
jumped 4.1% in the afternoon session after the company, along with partner Intelsat, announced the successful demonstration of an end-to-end 5G Non-Terrestrial Network (NTN). This technological milestone involved combining Kratos's OpenSpace® software-defined satellite ground system with Intelsat's space and ground network, proving that satellite technology can seamlessly extend terrestrial 5G networks. The successful test validates the potential to deliver widespread 5G broadband services, reaching markets currently unserved by traditional networks. This achievement positions Kratos as a key player in the integration of satellite and 5G communications.
The Secretary of Defense just sent drone stocks soaring. Dive into the implications of Hegseth's latest memo and uncover why these stocks are benefiting big.
Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS) are trading higher Friday after U.S. Defense Secretary Pete Hegseth announced a sweeping policy change to fast-track drone production and deployment.
Shares of aerospace and defense company Kratos (NASDAQ:KTOS)
jumped 10.8% in the afternoon session after an analyst at Benchmark raised their price target on the company's stock. The investment firm Benchmark boosted its price target on Kratos to $50.00 from $48.00, while maintaining a "buy" rating on the shares. This move signals growing confidence from Wall Street in the defense contractor's future performance. Kratos specializes in advanced technologies, including unmanned systems, satellite communications, and cybersecurity. The company has recently been in the spotlight for its work in hypersonic weapons testing and its role in supporting U.S. Space Force programs. The positive analyst action suggests that Kratos' strategic initiatives and recent contract wins are being recognized as key drivers for future growth.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Drone stocks are taking off after hours Thursday after Defense Secretary Pete Hegseth issued new orders to fast-track drone manufacturing and deployment.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
Kratos and Voyager are two mid-cap space and defense stocks with big long-term opportunities. Unmanned jets and space stations are key potential growth drivers.
