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NASDAQ:KSCP

Knightscope (KSCP) Stock Price, News & Analysis

$6.14
+0.03 (+0.49%)
(As of 10/3/2024 ET)

About Knightscope Stock (NASDAQ:KSCP)

Key Stats

Today's Range
$5.93
$6.45
50-Day Range
N/A
52-Week Range
$4.89
$49.94
Volume
129,820 shs
Average Volume
57,490 shs
Market Capitalization
$701.51 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.00
Consensus Rating
Buy

Company Overview

Knightscope, Inc. is an American security camera and robotics company headquartered in Mountain View, California. Founded in 2013 by William Santana Li and Stacy Stephens, the company was driven by a vision to revolutionize security measures and enhance public safety through autonomous technology. Knightscope designs, builds, and deploys Autonomous Data Robots (ADRs) that patrol and monitor public areas such as malls, parking lots, and neighborhoods, providing real-time data and alerting authorities about potential security threats.

The company's mission is to use cutting-edge robotics and artificial intelligence to make the United States the safest country in the world. Knightscope envisions a future where its ADRs complement human security teams and law enforcement personnel, improving their efficiency in detecting and responding to incidents while minimizing injuries and fatalities in public spaces. 

Knightscope's ADRs are equipped with advanced sensors, including video cameras, thermal imaging sensors, radar, and air quality detectors. These robots can read license plates, detect hidden weapons and use facial recognition technology to identify individuals of interest. They operate autonomously, creating geo-fenced perimeters and mapping their surroundings to ensure efficient and comprehensive coverage. The company serves various industries, including retail, corporate campuses, entertainment venues, healthcare facilities, and educational institutions. Knightscope's target market includes organizations seeking innovative security solutions to protect their assets and enhance public safety.

Knightscope is supported by a highly experienced and dynamic leadership team, driving the company's mission of transforming security operations. At the helm is William Santana Li, who serves as the Chairman, Chief Executive Officer, and Secretary. William's extensive executive experience, previously holding a position at Ford, uniquely positions him to drive the company's vision and growth strategies, ensuring Knightscope remains at the forefront of innovation in the autonomous security industry.

Knightscope has demonstrated solid revenue growth, even though the company's operating expenses have increased. The company has not been profitable and has only posted negative net income. This negative net income highlights the challenges and investments associated with developing cutting-edge technology and expanding operations. Knightscope's net profit margin indicates a loss for every dollar of revenue generated. The company's EBITDA (earnings before interest, taxes, depreciation, and amortization), a measure of operating performance, also declined. These financial metrics reflect the company's focus on growth and innovation, even at the expense of short-term profitability.

Knightscope's valuation metrics need to be considered carefully in the context of its innovative position in the market. The company's negative net income and profit margin can be attributed to its continuous investments in research and development and the expansion of its operations. As a relatively young company in a niche industry, Knightscope's valuation should be analyzed with a forward-looking perspective, considering its growth potential and technological advancements. Various factors, including market trends, industry competition, and technological advances, may influence investor sentiment toward Knightscope. As an emerging player in the autonomous security sector, the company's valuation may fluctuate based on investor perception of its long-term prospects and competitive positioning.

Knightscope's stock performance has experienced significant fluctuations in recent times. Over the past year, the company's share price witnessed positive and negative trends, with notable ups and downs. Such volatility may be attributed to market sentiments, investor perception of the company's financial performance, and external factors affecting the industry. Recent news and events can also impact Knightscope's share price. Positive announcements regarding successful deployments of its ADRs or partnerships with prominent clients may boost investor confidence and result in stock price appreciation. Conversely, negative publicity, concerns over privacy, or regulatory challenges may lead to share price declines.

Knightscope operates in the rapidly evolving field of autonomous security solutions. The broader industry is witnessing significant growth as organizations increasingly seek advanced technologies to enhance security measures. As one of the pioneering companies in this space, Knightscope enjoys a competitive advantage through its early entry and innovative products. The company's key competitors include other emerging players and established security technology providers. Knightscope's ADRs stand out for their comprehensive sensor suite, autonomous capabilities, and data analytics, offering a unique proposition to clients seeking cutting-edge security solutions. While Knightscope's technology positions it well in the industry, the company may face challenges from potential new entrants, rapid technological advancements, and regulatory changes impacting the usage of robotics in public spaces.

Knightscope has several growth opportunities driven by the increasing demand for innovative security solutions. The company can leverage its ADRs to expand into various industries, such as hospitality, transportation, and critical infrastructure protection. The rise in security concerns, including physical threats and cyber-attacks, presents a significant market for Knightscope to address. Its advanced capabilities in detecting hidden weapons, identifying wanted individuals, and monitoring potential threats can attract clients seeking comprehensive security measures.

Additionally, Knightscope can explore international markets and partnerships with government agencies, law enforcement, and large corporations to broaden its global reach.

As with any innovative company, Knightscope faces risks and challenges that must be managed effectively. Deploying ADRs in public spaces raises privacy concerns and may face regulatory scrutiny. Knightscope must establish transparent communication with stakeholders and comply with privacy laws to mitigate these risks. The competitive landscape poses challenges, with larger and more established companies vying for market share. Knightscope must continually enhance its technology, maintain a competitive edge and secure strategic partnerships to overcome competition. Additionally, the company's financial performance requires close monitoring, as ongoing investments in research, development, and expansion may impact profitability in the short term.

Knightscope Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
17th Percentile Overall Score

KSCP MarketRank™: 

Knightscope scored higher than 17% of companies evaluated by MarketBeat, and ranked 301st out of 352 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Knightscope has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Knightscope has received no research coverage in the past 90 days.

  • Read more about Knightscope's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Knightscope is -18.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Knightscope is -18.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Knightscope's valuation and earnings.
  • Percentage of Shares Shorted

    8.67% of the float of Knightscope has been sold short.
  • Short Interest Ratio / Days to Cover

    Knightscope has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Knightscope has recently decreased by 97.92%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Knightscope does not currently pay a dividend.

  • Dividend Growth

    Knightscope does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.67% of the float of Knightscope has been sold short.
  • Short Interest Ratio / Days to Cover

    Knightscope has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Knightscope has recently decreased by 97.92%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Knightscope has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Knightscope this week, compared to 3 articles on an average week.
  • Search Interest

    Only 15 people have searched for KSCP on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
  • MarketBeat Follows

    Only 17 people have added Knightscope to their MarketBeat watchlist in the last 30 days. This is a decrease of -6% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Knightscope insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    15.43% of the stock of Knightscope is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 14.61% of the stock of Knightscope is held by institutions.

  • Read more about Knightscope's insider trading history.
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KSCP Stock News Headlines

Three Knightscope Emergency Communications Clients Scale Up
44-year Wall Street Vet: “Permanent devastation is coming to America”
After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. But now a looming disaster is threatening America. And it's unlike anything we've ever experienced before.
Knightscope (NASDAQ:KSCP) Shares Gap Up to $7.36
Knightscope (NASDAQ:KSCP) Sees Strong Trading Volume
Knightscope Robot Growth Accelerates with Existing Clients
See More Headlines

KSCP Stock Analysis - Frequently Asked Questions

Knightscope's stock was trading at $7.68 at the start of the year. Since then, KSCP stock has decreased by 20.1% and is now trading at $6.14.
View the best growth stocks for 2024 here
.

Knightscope, Inc. (NASDAQ:KSCP) posted its earnings results on Wednesday, August, 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $3.20 million for the quarter.

Shares of Knightscope reverse split before market open on Friday, September 13th 2024. The 1-50 reverse split was announced on Wednesday, September 11th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, September 12th 2024. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

Knightscope (KSCP) raised $224 million in an initial public offering on Thursday, January 27th 2022. The company issued 22,366,190 shares at a price of $10.00 per share.

Shares of KSCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
8/14/2024
Today
10/03/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:KSCP
Fax
N/A
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$4.00
Low Stock Price Target
$4.00
Potential Upside/Downside
-34.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-22,120,000.00
Net Margins
-243.68%
Pretax Margin
-243.68%

Debt

Sales & Book Value

Annual Sales
$11.79 million
Book Value
($17.67) per share

Miscellaneous

Free Float
96,624,000
Market Cap
$701.51 million
Optionable
Not Optionable
Beta
1.90
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This page (NASDAQ:KSCP) was last updated on 10/4/2024 by MarketBeat.com Staff
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