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Kopin CorporationNasdaqCM:KOPN Stock Report

Market Cap US$870.3m
Share Price
US$5.41
US$4.69
15.4% overvalued intrinsic discount
1Y239.4%
7D8.1%
Portfolio Value
View

Kopin Corporation

NasdaqCM:KOPN Stock Report

Market Cap: US$870.3m

Kopin (KOPN) Stock Overview

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. More details

KOPN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance2/6
Financial Health6/6
Dividends0/6

KOPN Community Fair Values

Create Narrative

See what 35 others think this stock is worth. Follow their fair value or set your own to get alerts.

Kopin Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Kopin
Historical stock prices
Current Share PriceUS$4.82
52 Week HighUS$5.04
52 Week LowUS$1.23
Beta3.4
1 Month Change91.27%
3 Month Change100.00%
1 Year Change239.44%
3 Year Change330.36%
5 Year Change-21.50%
Change since IPO92.80%

Recent News & Updates

Narrative Update Apr 21

KOPN: Defense Display Contracts Will Drive Future Upside Despite Filing Delay

Analysts have revised their price target for Kopin to reflect updated assumptions around discount rate, revenue growth, profit margin and future P/E. Together, these factors point to a meaningfully different risk and return profile for the shares.
Narrative Update Apr 07

KOPN: Defense Display Orders And MicroLED Contracts Will Drive Future Upside

Analysts have kept their price target on Kopin steady at $4.69, citing only small adjustments in discount rate, long term revenue growth, profit margin assumptions and future P/E that largely offset one another in their updated models. What's in the News Kopin filed a notice on 03/27/2026 that it will be unable to submit its next 10-K by the SEC deadline, which can add timing uncertainty around the next full financial update (Delayed SEC Filings).

Recent updates

Narrative Update Apr 21

KOPN: Defense Display Contracts Will Drive Future Upside Despite Filing Delay

Analysts have revised their price target for Kopin to reflect updated assumptions around discount rate, revenue growth, profit margin and future P/E. Together, these factors point to a meaningfully different risk and return profile for the shares.
Narrative Update Apr 07

KOPN: Defense Display Orders And MicroLED Contracts Will Drive Future Upside

Analysts have kept their price target on Kopin steady at $4.69, citing only small adjustments in discount rate, long term revenue growth, profit margin assumptions and future P/E that largely offset one another in their updated models. What's in the News Kopin filed a notice on 03/27/2026 that it will be unable to submit its next 10-K by the SEC deadline, which can add timing uncertainty around the next full financial update (Delayed SEC Filings).
Narrative Update Mar 24

KOPN: Defense Display Contracts Will Support Future Upside Potential

Analysts kept their fair value estimate for Kopin steady at $4.69, pointing to only marginal tweaks in assumptions, such as a slightly lower discount rate, essentially unchanged long term revenue growth of about 26%, a profit margin view still near 10%, and a future P/E expectation that remains very high. What's in the News Kopin received a Phase I Small Business Innovation Research contract from the U.S. Government to advance full color, smaller format MicroLED displays for soldier borne applications.
Narrative Update Mar 09

KOPN: Defense Display Orders And Index Inclusion Will Support Future Upside Potential

Analysts have raised their price target on Kopin to $4.69 per share, citing updated assumptions for the discount rate, profit margin, and a very high future P/E expectation, while noting that the core fair value estimate remains unchanged at $4.69. What's in the News Kopin secured a new US$3.6 million purchase order for an advanced avionic helmet-mounted display system to be integrated into a rotary-wing military aircraft platform for a European defense customer, with deliveries scheduled over a five year period starting in 2026 (Key Developments).
Narrative Update Feb 22

KOPN: Defense Display Orders And Index Inclusion Will Support Future Upside Potential

Analysts maintained their $4.69 price target on Kopin, noting only slight adjustments to assumptions for discount rate, revenue growth, profit margin, and future P/E that did not materially change their overall view. What's in the News Kopin received an initial microdisplay production order for a new rotary wing helmet mounted display system used in mission critical defense applications, using its custom active matrix liquid crystal microdisplays to deliver flight, tactical, and sensor data in an augmented reality format directly in the pilot's field of view (Key Developments).
Analysis Article Feb 13

Some Confidence Is Lacking In Kopin Corporation (NASDAQ:KOPN) As Shares Slide 28%

Kopin Corporation ( NASDAQ:KOPN ) shares have had a horrible month, losing 28% after a relatively good period...
Narrative Update Feb 07

KOPN: Robust Defense Pipeline Will Support Long Term Value Despite Funding Headwinds

Analysts have nudged their fair value view on Kopin in line with a Street price target increase from US$3 to US$4. This points to a supported long term outlook that reflects a slightly lower discount rate and continued confidence in the company's government related pipeline despite funding headwinds.
Narrative Update Jan 22

KOPN: Robust Defense Pipeline Will Offset Government Funding Headwinds

Narrative Update Analysts have raised their price target on Kopin from $3 to $4, citing a "robust pipeline" that they believe helps offset current government funding headwinds. Analyst Commentary Bullish analysts recently raised their price target on Kopin to $4 from $3, reflecting a view that the company’s current project lineup can support the investment case even as government funding presents challenges.
Narrative Update Jan 08

KOPN: Defense Reshoring And Preferred Supplier Status Will Drive Future Upside

Narrative Update on Kopin Analysts have trimmed their central price target for Kopin to about $4.69 from $4.85, even as recent research highlights support from government funding, new Army contract awards, and a reinforced view of Kopin as a preferred microdisplay supplier. Analyst Commentary Recent Street research on Kopin reflects a generally constructive stance, with price targets in the US$4 to US$5.50 range and an emphasis on government support and the company's role in defense supply chains.
Analysis Article Dec 18

Calculating The Fair Value Of Kopin Corporation (NASDAQ:KOPN)

Key Insights The projected fair value for Kopin is US$1.97 based on 2 Stage Free Cash Flow to Equity Current share...
Narrative Update Dec 14

KOPN: Expanding Defense Microdisplay Contracts Will Drive Future Share Momentum

Analysts have raised their price targets for Kopin into roughly the $4 to $5.50 range, citing the company's robust government driven pipeline, confirmation of its preferred supplier status on key defense contracts, and reduced legal overhang following the BlueRadios lawsuit resolution. Analyst Commentary Bullish analysts emphasize that the series of price target increases reflects growing conviction in Kopin's execution against a sizable government-driven opportunity set, with valuation still seen as attractive relative to its expanding backlog and technology positioning.
Narrative Update Nov 29

KOPN: Expanding Government Contracts Will Drive Increased Share Momentum Ahead

Narrative Update on Kopin Analysts have raised their price targets for Kopin, with recent updates moving from $3.00 to $4.00. They cite the company's robust project pipeline and continued government support, despite ongoing funding headwinds.
Seeking Alpha Nov 25

Kopin: Unappealing Here, But Speculative Upside Exists

Summary Kopin Corporation is a niche microdisplay leader, with a $400M market cap, but has struggled with persistent unprofitability and negative margins. KOPN's revenue is heavily defense-concentrated, faces ongoing dilution, and recent partnerships, like Theon International, offer limited near-term financial relief. Despite a valuable patent portfolio and potential market upside, KOPN trades at high sales and book value multiples, making it unattractive for value investors. Given continued negative earnings and speculative turnaround prospects, I assign KOPN a "Hold" rating, with a conservative fair value target. Read the full article on Seeking Alpha
Narrative Update Nov 15

KOPN: Government Contracts Will Drive Increased Market Confidence And Share Momentum

Analysts have raised their fair value estimate for Kopin from $4.60 to $4.85 per share. They cite an improved revenue growth outlook and ongoing government and defense sector support for the company’s technology pipeline.
Analysis Article Nov 14

Kopin Corporation's (NASDAQ:KOPN) Share Price Is Still Matching Investor Opinion Despite 35% Slump

Kopin Corporation ( NASDAQ:KOPN ) shares have retraced a considerable 35% in the last month, reversing a fair amount of...
Narrative Update Nov 01

KOPN: Defense Contract Momentum Will Drive Domestic Supply Leadership

Kopin's fair value estimate has been increased from $3.88 to $4.60 per share. Analysts cite increased confidence in government contract momentum, a strengthened domestic supply outlook, and recent strategic investments that support the company's growth prospects.
Narrative Update Oct 17

Defense And Display Technology Will Shape Future Markets

The analyst fair value estimate for Kopin has increased from $3.33 to $3.88 per share. This change reflects greater confidence among analysts due to improved contract visibility, recent strategic investments, and a reduction in litigation uncertainty.
Analysis Article Sep 19

Subdued Growth No Barrier To Kopin Corporation (NASDAQ:KOPN) With Shares Advancing 51%

Despite an already strong run, Kopin Corporation ( NASDAQ:KOPN ) shares have been powering on, with a gain of 51% in...
Narrative Update Sep 17

Defense And Display Technology Will Shape Future Markets

Kopin’s consensus price target has been raised to $3.33, reflecting increased analyst confidence driven by an expanded product pipeline, transformative strategic investment from Theon International, favorable MicroLED developments, and a de-risking resolution of major litigation. Analyst Commentary Bullish analysts highlight increased confidence following positive meetings with management, citing Kopin’s expanding product pipeline.
Analysis Article Aug 15

Kopin Corporation (NASDAQ:KOPN) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Kopin Corporation ( NASDAQ:KOPN ) just released its latest quarterly report and things are not looking great. It was...
Narrative Update Aug 15

Defense And Display Technology Will Shape Future Markets

With no change in underlying revenue growth forecasts or discount rate, analysts maintained their consensus price target for Kopin at $2.42. What's in the News Kopin secured a $9 million follow-on production contract for custom thermal imaging assemblies supporting a major U.S. defense contractor’s man portable weapon system.
Analysis Article Jul 18

Optimistic Investors Push Kopin Corporation (NASDAQ:KOPN) Shares Up 35% But Growth Is Lacking

Kopin Corporation ( NASDAQ:KOPN ) shares have continued their recent momentum with a 35% gain in the last month alone...
User avatar
New Narrative Apr 28

AI Automation And Neural Display Architecture Will Reshape Defense Markets

AI-assisted automation is enhancing efficiency and reducing costs, potentially increasing net margins and profitability.
Analysis Article Feb 28

Kopin Corporation (NASDAQ:KOPN) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely

The Kopin Corporation ( NASDAQ:KOPN ) share price has softened a substantial 26% over the previous 30 days, handing...
Analysis Article Feb 25

Calculating The Intrinsic Value Of Kopin Corporation (NASDAQ:KOPN)

Key Insights Kopin's estimated fair value is US$1.51 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Sep 22

Benign Growth For Kopin Corporation (NASDAQ:KOPN) Underpins Stock's 41% Plummet

Kopin Corporation ( NASDAQ:KOPN ) shares have had a horrible month, losing 41% after a relatively good period...
Analysis Article Aug 12

Earnings Release: Here's Why Analysts Cut Their Kopin Corporation (NASDAQ:KOPN) Price Target To US$2.63

Investors in Kopin Corporation ( NASDAQ:KOPN ) had a good week, as its shares rose 4.3% to close at US$0.85 following...
Analysis Article Jul 19

Kopin Corporation's (NASDAQ:KOPN) Share Price Boosted 66% But Its Business Prospects Need A Lift Too

Kopin Corporation ( NASDAQ:KOPN ) shareholders are no doubt pleased to see that the share price has bounced 66% in the...
Analysis Article Jun 27

Is Kopin (NASDAQ:KOPN) In A Good Position To Deliver On Growth Plans?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Apr 26

Little Excitement Around Kopin Corporation's (NASDAQ:KOPN) Revenues As Shares Take 56% Pounding

Kopin Corporation ( NASDAQ:KOPN ) shareholders that were waiting for something to happen have been dealt a blow with a...

Shareholder Returns

KOPNUS SemiconductorUS Market
7D8.1%10.5%2.1%
1Y239.4%126.3%30.6%

Return vs Industry: KOPN exceeded the US Semiconductor industry which returned 119.7% over the past year.

Return vs Market: KOPN exceeded the US Market which returned 31% over the past year.

Price Volatility

Is KOPN's price volatile compared to industry and market?
KOPN volatility
KOPN Average Weekly Movement13.0%
Semiconductor Industry Average Movement10.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: KOPN's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: KOPN's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1984145Michael Murraywww.kopin.com

Kopin Corporation, together with its subsidiaries, 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. The company offers miniature active-matrix liquid crystal displays, ferroelectric liquid crystal on silicon displays, organic light emitting diode displays, MicroLED display technologies, application specific optical solutions, backlights, and optical lenses. Its products are used for soldier thermal weapon rifle sights, avionic fixed and rotary wing pilot helmets, armored vehicle targeting systems, and training and simulation headsets; industrial and medical headsets; 3D optical inspection systems; and consumer augmented reality and virtual reality wearable headsets systems.

Kopin Corporation Fundamentals Summary

How do Kopin's earnings and revenue compare to its market cap?
KOPN fundamental statistics
Market capUS$870.31m
Earnings (TTM)US$2.61m
Revenue (TTM)US$39.32m
327.8x
P/E Ratio
21.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KOPN income statement (TTM)
RevenueUS$39.32m
Cost of RevenueUS$31.29m
Gross ProfitUS$8.04m
Other ExpensesUS$5.43m
EarningsUS$2.61m

Last Reported Earnings

Dec 27, 2025

Next Earnings Date

May 12, 2026

Earnings per share (EPS)0.015
Gross Margin20.44%
Net Profit Margin6.63%
Debt/Equity Ratio0%

How did KOPN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 18:43
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/27
Annual Earnings2025/12/27

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Kopin Corporation is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Austin MoellerCanaccord Genuity
George GianarikasCanaccord Genuity
Christian SchwabCraig-Hallum Capital Group LLC