Update shared on 06 Dec 2025
Fair value Decreased 9.09%Analysts have trimmed their price target on KULR Technology Group to $10.00 from $11.00, reflecting slightly lower projected revenue growth and a modestly higher discount rate, partially offset by incremental improvements in long term profit margin expectations and a lower future P/E multiple.
What's in the News
- Developing a next generation 400V battery system for a Counter UAS Directed Energy System, with a full design package and prototype delivered in five weeks and production targeted for 2026. This positions KULR to benefit from a rapidly growing directed energy weapons market (company announcement)
- Launched the next generation kBMS Battery Management System, with variants tailored for defense, terrestrial mission critical, and spacecraft applications. The system is aimed at setting a new benchmark for reliability, safety, and energy efficiency (company announcement)
- Expanded its KULR ONE Space CubeSat battery line with six new commercial off the shelf models ranging from 100 to 500Wh, targeting CubeSat and small satellite operators with passive propagation resistant, lightweight, and customizable options (company announcement)
- Added as a constituent to the S&P Global BMI Index, which may broaden the shareholder base via passive and benchmark driven investors (index inclusion notice)
- Disclosed it will be unable to file its next Form 10 Q by the SEC deadline, creating near term uncertainty around financial transparency and timing (SEC filing notice)
Valuation Changes
- Fair Value Estimate: Reduced modestly to $10.00 from $11.00, reflecting updated modeling assumptions.
- Discount Rate: Increased slightly to 9.20 percent from 9.15 percent, which implies a marginally higher perceived risk profile.
- Revenue Growth: Trimmed moderately to approximately 64.1 percent from 66.9 percent, indicating slightly less aggressive top line expectations.
- Net Profit Margin: Increased marginally to about 11.8 percent from 11.8 percent, signaling a small improvement in long term profitability assumptions.
- Future P/E Multiple: Lowered to about 82.3x from 86.0x, which suggests a modest compression in expected valuation multiples.
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