BK Technologies’ analyst price target has been raised to $74.00, reflecting strong quarterly results that surpassed estimates, upgraded guidance, and growing confidence in sustained growth momentum.
Analyst Commentary
- Revenue, AEBITDA, and EPS significantly exceeded analyst estimates for the recent quarter.
- The company raised its financial guidance following the strong performance.
- Operational execution deemed very strong, with no notable weaknesses cited in the latest results.
- Analysts see increasing momentum and are confident in the company’s positioning for accelerating growth over the next two years.
- Upwardly revised guidance is viewed as potentially conservative, suggesting further upside potential.
What's in the News
- BK Technologies was added to multiple Russell indexes, including the Russell 2000, 2500, 3000, and associated growth, defensive, dynamic, and small cap completeness benchmarks.
- The company changed its independent auditor from Forvis Mazars, LLP to Cherry Bekaert LLP for the fiscal year ending December 31, 2025, pending client acceptance procedures.
Valuation Changes
Summary of Valuation Changes for BK Technologies
- The Consensus Analyst Price Target has significantly risen from $55.00 to $74.00.
- The Consensus Revenue Growth forecasts for BK Technologies has significantly risen from 8.9% per annum to 11.4% per annum.
- The Net Profit Margin for BK Technologies has significantly risen from 12.71% to 15.60%.
Disclaimer
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