Kopin (NASDAQ:KOPN) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Kopin (NASDAQ:KOPN) released its quarterly earnings data on Tuesday. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01), FiscalAI reports. Kopin had a net margin of 0.93% and a return on equity of 0.72%. The firm had revenue of $18.19 million for the quarter, compared to analyst estimates of $15.96 million. During the same period in the previous year, the business posted $0.02 EPS.

Here are the key takeaways from Kopin’s conference call:

• Positive sentiment: Revenue rose 52% year over year to $18.2 million, and the operating loss narrowed by $3 million sequentially to $0.5 million; operations generated $2.4 million in cash. Management said fourth-quarter GAAP profitability remains achievable, though it cautioned that some of the quarter’s product-cost improvement came from nonrecurring benefits.
• Positive sentiment: Kopin received an additional $18.6 million sole-source award for color MicroLED work, bringing total IBAS funding to $34 million, and demonstrated its Soldier Borne Mission Command display ahead of schedule. The company is targeting MicroLED manufacturing in mid-2027 and reported initial prototype orders from program primes.
• Positive sentiment: Neural I/O development with Fabric.AI is progressing toward CES and Photonics West demonstrations in early 2027, with production silicon and a goal of commercial revenue in 2028. Kopin cited modeled potential data-center throughput gains, but these are not yet demonstrated commercial results.
• Positive sentiment: Defense opportunities include new European OLED business and expanding customer interest across thermal sights, aviation displays, and other programs; management said about 50% of expected 2027 revenue is already in backlog. Kopin also expects its domestic OLED deposition line to come online in early 2027.
• Negative sentiment: Drone Dominance Program purchasing has moved more slowly than expected after an additional evaluation phase delayed FPV headset volumes. Kopin nevertheless maintained its expectation of roughly $10 million in drone-goggle revenue in 2027.

Kopin Trading Down 2.8%

Kopin stock traded down $0.10 during trading hours on Thursday, reaching $3.62. 904,324 shares of the company were exchanged, compared to its average volume of 4,995,550. The firm has a market cap of $671.92 million, a price-to-earnings ratio of 89.88 and a beta of 3.72. The stock has a 50-day moving average of $4.12 and a 200 day moving average of $3.79. Kopin has a 12 month low of $1.81 and a 12 month high of $6.61.

Recent Kopin Headlines

Here are a few of the latest headlines about KOPN:

• Positive Sentiment: Reports cite an Army award and $34 million in IBAS funding as potential business catalysts. Kopin is targeting a mid-2027 transition to MicroLED manufacturing, though the timeline remains ahead. Kopin targets mid-2027 MicroLED manufacturing transition
• Negative Sentiment: Kopin lost $0.02 per share, missing the $0.01 loss analysts expected, and swung from earnings of $0.02 per share a year earlier. The earnings miss tempers the revenue beat. Kopin Q3 results
• Negative Sentiment: Zacks Research downgraded KOPN from Hold to Strong Sell, contrasting with Canaccord’s target increase and adding to the mixed analyst outlook. Zacks Research recommendations

Analyst Ratings Changes

A number of research firms have recently weighed in on KOPN. Zacks Research downgraded Kopin from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Canaccord Genuity Group increased their price objective on Kopin from $6.50 to $7.50 and gave the stock a “buy” rating in a report on Thursday. Wall Street Zen raised shares of Kopin from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Oppenheimer reiterated an “outperform” rating on shares of Kopin in a research note on Wednesday. Finally, Weiss Ratings downgraded shares of Kopin from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday. Six research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Kopin currently has an average rating of “Moderate Buy” and an average price target of $7.33.

Kopin Company Profile

Kopin Corporation develops and supplies microdisplays, optical components and wearable display systems. Its technologies include active-matrix liquid-crystal, liquid-crystal-on-silicon and OLED displays, along with related optics and electronics used to create compact, high-resolution viewing systems. The company’s products serve defense, enterprise, medical and other markets. Applications include helmet-mounted displays, night-vision and thermal-imaging systems, industrial and training equipment, and medical devices.