KULR Technology Group, Inc.

NYSEAM:KULR Stock Report

Market Cap: US$169.7m

KULR Technology Group Management

Management criteria checks 0/4

KULR Technology Group's CEO is Michael Mo, appointed in Mar 2011, has a tenure of 15.25 years. total yearly compensation is $5.50M, comprised of 8% salary and 92% bonuses, including company stock and options. directly owns 3.84% of the company’s shares, worth $6.51M. The average tenure of the management team and the board of directors is 1 years and 0.2 years respectively.

Key information

Michael Mo

Chief executive officer

US$5.5m

Total compensation

CEO salary percentage8.01%
CEO tenure15.3yrs
CEO ownership3.8%
Management average tenure1yrs
Board average tenureless than a year

Recent management updates

Recent updates

Narrative Update Jun 04

KULR: Drone And AI Data Center Demand Will Drive Future Upside

Analysts have maintained their $8.00 price target on KULR Technology Group, citing a broadly similar fair value outlook with only modest adjustments to discount rate assumptions, long-term profit margin expectations, and future P/E inputs. What's in the News KULR secured a prototype development and fabrication contract with a U.S.-based military drone manufacturer to design, test, and deliver lithium-ion battery packs for unmanned aerial vehicles and handheld controllers, aligning with the Pentagon’s Drone Dominance initiative.
Narrative Update May 21

KULR: Aerospace And Defense Battery Demand Will Drive Future Upside

Analysts have adjusted their price target on KULR Technology Group to reflect updated assumptions for fair value at $8.00, a revised discount rate, higher modeled revenue growth, a slightly lower profit margin, and a reduced future P/E estimate. What's in the News KULR Technology Group was selected by Argo Space Corp.
Narrative Update Mar 30

KULR: Aviation And Drone Battery Collaborations Will Drive Future Upside

Analysts have lowered their price target on KULR Technology Group from $10 to $8, citing updated assumptions that reflect a slightly higher discount rate, modest changes in revenue growth and profit margin expectations, and a revised future P/E estimate. What's in the News KULR Technology Group agreed to co develop a next generation, high performance battery system for Robinson Helicopter Company's eR66 battery electric helicopter demonstrator, focusing on lightweight architecture and battery safety technologies for electric aviation applications (Key Developments).
Narrative Update Mar 16

KULR: New U.S. Battery Partnerships Will Drive Long Term Upside Potential

Analysts have modestly adjusted their price target on KULR Technology Group, reflecting updated assumptions around a slight change in discount rate, revenue growth near 81%, profit margin near 11%, and a forward P/E of about 53x. Together, these factors shape a refreshed view of the company’s risk and return profile.
Narrative Update Mar 02

KULR: Data Center Battery Collaborations Will Drive Long Term Upside Potential

Analysts now cite a lower fair value estimate for KULR Technology Group, trimming their price target from $12.00 to $8.00 as they reset assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News KULR entered a Joint Development Collaboration with Hylio to design and manufacture NDAA compliant battery systems in Texas for agricultural and defense-adjacent unmanned aerial systems, with a focus on secure U.S. based supply chains and mission critical applications.
Narrative Update Feb 16

KULR: AI Data Center And Energy Storage Agreements Will Drive Future Upside

Analysts have raised their price target on KULR Technology Group to $10.00 from $10.00, citing updated assumptions around revenue growth, profit margins and future P/E expectations. What's in the News KULR secured a five year preferred battery supply agreement with Caban Energy, with an estimated US$30 million in total revenue starting in 2026 and a transfer of Caban's Plano, Texas manufacturing assets to expand KULR's US based production footprint (Client Announcement).
Narrative Update Feb 01

KULR: AI Data Center Battery Deals Will Drive Future Upside Potential

Analysts have slightly adjusted their price target for KULR Technology Group, reflecting incremental tweaks to assumptions on discount rate, long term profit margin, and future P/E, while keeping their fair value estimate broadly steady around $10.00. What's in the News KULR secured a five year preferred battery supply agreement with Caban Energy, tied to critical infrastructure projects and estimated to generate about US$30,000,000 in revenue starting 2026, and also acquired Caban's Plano, Texas manufacturing assets to expand its US production footprint (company announcement).
Narrative Update Jan 18

KULR: AI Data Center Battery Agreements Will Drive Future Upside Potential

Analysts have revised their price target on KULR Technology Group to US$10.00 from US$10.00, citing slightly higher assumed discount rates, a modest uplift in projected profit margins to 12.36%, and a lower forward P/E multiple of 78.75x in their updated models. What's in the News KULR secured a five year preferred battery supply agreement with Caban Energy, with an estimated US$30,000,000 in total revenue beginning in 2026, and assumed control of Caban's Plano, Texas manufacturing assets to expand its U.S. production footprint for telecom and digital infrastructure battery systems (Key Developments).
Narrative Update Jan 04

KULR: Future AI Data Center Power Systems Will Drive Upside Potential

Analysts have modestly raised their price target on KULR Technology Group to 10.00 dollars from 10.00 dollars, reflecting slightly higher modeled discount rates and a marginally richer future earnings multiple despite largely unchanged growth and profitability assumptions. What's in the News Entered a joint development collaboration with a leading global battery cell manufacturer to co-develop the KULR ONE MAX BBU platform for AI scale data centers, targeting up to 100 million dollars in projected commercial program value (company announcement).
Narrative Update Dec 21

KULR: Next Generation Data Center Batteries Will Drive Future Upside Potential

Analysts have modestly adjusted their price target on KULR Technology Group upward to 10 dollars from 10 dollars, reflecting slightly lower perceived risk, a marginally improved long term profit outlook, and a small reduction in expected valuation multiples. What's in the News Entered a joint development collaboration with a leading global battery cell manufacturer to co-develop next generation KULR ONE MAX battery backup units for AI scale data centers, targeting a commercial program of up to 100 million dollars in projected value (Client Announcements).
Narrative Update Dec 06

KULR: Directed Energy Battery Systems Will Drive Future Upside Potential

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.
Narrative Update Nov 22

KULR: Space Sector Battery Launch And Index Inclusion Will Drive Future Gains

Analysts have revised their price target for KULR Technology Group, maintaining it at $11.00. Modest improvements in profitability have offset lower projected revenue growth and a slightly higher discount rate.
Narrative Update Nov 05

KULR: Battery System Launch And Index Addition Will Drive Momentum

Narrative Update: KULR Technology Group Analyst Price Target Adjustment Analysts have slightly raised their price target for KULR Technology Group to $11.00 per share, citing modest improvements in projected profit margins and a decrease in expected future price-to-earnings ratios. What's in the News KULR Technology Group launched its next generation Battery Management System (kBMS), designed for advanced reliability, safety, and energy efficiency in both defense and space applications (Product-Related Announcements).
Narrative Update Oct 22

Analysts Reaffirm $11 Target for KULR Technology After Product Innovations and Index Inclusion

The analyst price target for KULR Technology Group has been reaffirmed at $11.00. Analysts maintain their outlook based on stable growth and margin assumptions in recent research updates.
Narrative Update Oct 08

Aerospace And E-Mobility Trends Will Fuel Global Expansion

Analysts have lowered their price target for KULR Technology Group from $30.00 to $11.00. They cite moderated revenue growth expectations and a higher discount rate as key factors behind the updated valuation.
User avatar
New Narrative Apr 22

Texas Headquarters Expansion And AI Entry Will Enable Future Success

Expansion in Texas and new market entry in AI and robotics are set to drive revenue growth and manufacturing capabilities.

CEO Compensation Analysis

How has Michael Mo's remuneration changed compared to KULR Technology Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$71m

Dec 31 2025US$6mUS$441k

-US$62m

Sep 30 2025n/an/a

-US$22m

Jun 30 2025n/an/a

-US$17m

Mar 31 2025n/an/a

-US$31m

Dec 31 2024US$475kUS$272k

-US$18m

Sep 30 2024n/an/a

-US$18m

Jun 30 2024n/an/a

-US$22m

Mar 31 2024n/an/a

-US$22m

Dec 31 2023US$334kUS$334k

-US$24m

Sep 30 2023n/an/a

-US$23m

Jun 30 2023n/an/a

-US$23m

Mar 31 2023n/an/a

-US$22m

Dec 31 2022US$2mUS$306k

-US$19m

Sep 30 2022n/an/a

-US$19m

Jun 30 2022n/an/a

-US$17m

Mar 31 2022n/an/a

-US$17m

Dec 31 2021US$3mUS$234k

-US$15m

Sep 30 2021n/an/a

-US$11m

Jun 30 2021n/an/a

-US$9m

Mar 31 2021n/an/a

-US$4m

Dec 31 2020US$138kUS$138k

-US$3m

Sep 30 2020n/an/a

-US$3m

Jun 30 2020n/an/a

-US$2m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$162kUS$162k

-US$2m

Compensation vs Market: Michael's total compensation ($USD5.50M) is above average for companies of similar size in the US market ($USD1.65M).

Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.


CEO

Michael Mo (54 yo)

15.3yrs
Tenure
US$5,502,979
Compensation

Mr. Michael Mo serves as the Chairman of KULR Technology Group, Inc. (formerly known as KT High-Tech Marketing, Inc.) and has been its Chief Executive Officer and Director since March 16, 2011. He served a...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Mo
Co-Founder15.3yrsUS$5.50m3.84%
$ 6.5m
William Walker
Chief Technology Officer3.6yrsUS$2.80m0.12%
$ 208.5k
Michael Kimel
Chief Financial Officerno datano data0.00013%
$ 220.6
Mitchell Miller
Vice President of Operationsless than a yearno datano data
Jay Yamamoto
General Counsel & Secretary1yrno data0.044%
$ 75.3k
Derek Newton
Head of Media Relationsno datano datano data
Jeong Song
Vice President of Sales & Marketing1.1yrsno datano data
1.0yrs
Average Tenure
50yo
Average Age

Experienced Management: KULR's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Mo
Co-Founder15.3yrsUS$5.50m3.84%
$ 6.5m
Benjamin Frank
Directorless than a yearno datano data
Steven Perez
Independent Directorno datano data0.0027%
$ 4.6k
0.2yrs
Average Tenure
54yo
Average Age

Experienced Board: KULR's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 03:57
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

KULR Technology Group, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Theodore O'NeillLitchfield Hills Research, LLC