Kopin Corp. (KOPN)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-09
$4.26-6.58%
Close 2026-09-09 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-09
Intact: The reason to own it still holds.
Kopin aims to grow revenue as government orders normalize. Revenue was $411K in 2026-Q1, down from $640K in 2025-Q4 but management targets growth. The company announced a share buyback and new optics center to support innovation. Analysts expect 12.6% revenue growth next year.
Revenue fell 36% from $640K to $411K in one quarter, showing weak demand. Earnings estimates remain negative with -$0.05 EPS expected in 2026. The stock trades at a high PE of 127, signaling overvaluation risk. Profitability and growth remain fragile.
The price is about 21% below our fair value near $4.8 and 27% below the Street median target of $6.6. The market expects roughly 13% revenue growth, which aligns with consensus but not yet proven by results.
Breaks if: No further buybacks announced or buybacks halted
Breaks if: EPS remains below -$0.05 in FY27
Breaks if: YoY revenue growth falls below 12.6% in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a speculative growth opportunity. The company is focused on advancing technologies in MicroLED and FPV drones, but it faces volatility in management and financial performance.
The current valuation reflects a justified status, with the market pricing in significant optionality. However, there is a notable expectations gap, suggesting that the market anticipates challenges ahead.
Fundamentals are likely to remain volatile, with recent financial performance being neutral. The company has a low probability of missing estimates, but past erratic earnings surprises raise caution.
The long-term thesis hinges on management's ability to execute on key priorities, particularly in MicroLED technology and drone markets. Additionally, external factors like Federal Reserve rate cuts and performance of sector leaders will play a crucial role.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The company advanced MicroLED technology for defense and AI. It also expects to achieve GAAP profitability by Q4 2026. These developments support a more positive outlook for the company.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Over the next 1 to 3 years, KOPN's trajectory will depend on its execution and market conditions. Not investment advice.