Kopin (KOPN) to Release Earnings on Tuesday

Kopin (NASDAQ:KOPN - Get Free Report) is expected to issue its Q4 2024 quarterly earnings data before the market opens on Tuesday, May 13th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $12.41 million for the quarter.

Kopin (NASDAQ:KOPN - Get Free Report) last released its quarterly earnings data on Thursday, April 17th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). Kopin had a negative net margin of 109.38% and a negative return on equity of 165.86%. The firm had revenue of $14.65 million for the quarter, compared to the consensus estimate of $11.15 million. During the same period in the previous year, the company earned ($0.04) earnings per share. On average, analysts expect Kopin to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kopin Trading Down 4.9 %

Shares of NASDAQ:KOPN traded down $0.07 on Tuesday, reaching $1.27. 775,685 shares of the company's stock were exchanged, compared to its average volume of 2,306,816. The company has a market capitalization of $205.01 million, a price-to-earnings ratio of -3.09 and a beta of 3.16. The company has a fifty day moving average of $1.14 and a 200-day moving average of $1.22. Kopin has a twelve month low of $0.56 and a twelve month high of $2.17.

Analysts Set New Price Targets

KOPN has been the topic of several recent analyst reports. StockNews.com raised Kopin from a "sell" rating to a "hold" rating in a research note on Friday, April 18th. Canaccord Genuity Group decreased their price objective on Kopin from $2.50 to $2.25 and set a "buy" rating for the company in a report on Monday, April 21st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $2.56.

Kopin Company Profile

Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, microLED display technologies, application specific integrated circuits, backlights, and optical lenses; and head-mounted and hand-held VR products.

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