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Last update: Aug 20, 2026, 5:08 PM ET
Kratos Defense & Security Solutions, Inc.
$56.18 7.23% today
After Hours

Why Kratos Defense & Security Solutions, Inc. (KTOS) stock moved

Updated Aug 20, 2026

Kratos Defense & Security Solutions, Inc. (KTOS) shares tumbled 7.2% to $56.18 as of August 20, 2026, a significant decline from the prior close of $60.56. BestStocks flagged the session as a major change for KTOS. The move is tied to price move down. Below, we break down what changed for KTOS, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

KTOS fell 7.2% to $56.18

Kratos Defense & Security Solutions, Inc. (KTOS) moved -6.16% from $59.87 to $56.18 on 2026-08-20. The decline was driven by profit-taking following a multi-week rally, an extreme trailing valuation with a P/E ratio exceeding 300x, recent technical downgrades, and regulatory filings disclosing pre-arranged insider share sales by executives. Broader industrial goods weakness and sector procurement uncertainty also added pressure. KTOS earnings are scheduled for 2026-11-03 (date not yet confirmed), with consensus EPS estimate of $0.21.

This summary describes the catalyst and move as first detected on Aug 20, 2026, 4:49 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsLow confidence
Rel. volume
1.0×
Normal
Vs peers
No comparable peers
Market cap
$10.5B
NASDAQ Global Select
Analyst target
$100
+78.3% vs price
Price chart
Jul 20 – Aug 20
EVEEFEEEEVVEE$44$54$65Jul 20Jul 28Aug 5Aug 12Aug 20
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Kratos Defense & Security Solutions, Inc. investors

For Kratos Defense & Security Solutions, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Kratos Defense & Security Solutions, Inc. (KTOS) moved +2.75% from $60.75 to $62.42 on 2026-08-10, reaching a new 30-day high; Kratos Defense & Security Solutions, Inc. (KTOS) moved +4.42% from $58.20 to $60.77 on 2026-08-07, reaching a new 30-day high. Weighing against that: Material negative event; Sharp 7.2% decline — elevated risk. Wall Street's consensus price target sits at $100.17, implying +78.3% upside from $56.18. Over the past 90 days analysts logged 2 upgrades and 0 downgrades. BestStocks rates the overall signal quality low (58/100). With earnings roughly 75 days out, the next report is the most likely near-term test of the move.

KTOS price reaction

KTOS last traded at $56.18, down $4.38 (-7.23%) from the previous close of $60.56. The session traded on 1.0× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $43.88 and $64.58, and it currently sits about 59% of the way up that band.

Bullish and bearish analyst opinions on Kratos Defense & Security Solutions, Inc. (KTOS)

Latest catalysta bearish counterpoint
The latest catalyst — an analyst downgrade — a bearish counterpoint that challenges the prevailing bullish analyst view.

The consensus analyst price target on Kratos Defense & Security Solutions, Inc. (KTOS) is $100.17, 78.3% above the recent $56.18. Over the past 90 days analysts logged 2 upgrades, 7 maintains, and 0 downgrades. Here is how the bullish and bearish cases on KTOS line up.

The bullish case

  • Wall Street's consensus price target of $100.17 implies +78.3% upside from $56.18.
  • The Street's most bullish target is $135.00 (+140.3%).
  • 2 analyst upgrades in the past 90 days, most recently Piper Sandler to Overweight (2026-08-05).
  • Kratos Defense & Security Solutions, Inc. (KTOS) moved +2.75% from $60.75 to $62.42 on 2026-08-10, reaching a new 30-day high.
  • KTOS moved +5.80% from its $54.26 open to a $57.41 close on 2026-08-06.

The bearish case

  • Material negative event.
  • Sharp 7.2% decline — elevated risk.
  • Kratos Defense & Security Solutions, Inc. (KTOS) moved −5.47% from $49.68 to $46.96 on 2026-07-16.
  • Kratos Defense stock fell 9.39% to $50.15 despite positive news on July 6 about a 106,000-square-foot Oklahoma City facility expansion to accelerate Valkyrie and Firejet jet drone production (GlobeNewswire).
Bull vs bear balanceBearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Aug 20, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $100+78.3%
2 upgrades= 7 maintains
Truist Securities maintained Buy · 2026-08-13
SEC filings watch
10-Q2026-08-04
Quarterly financial results
medium
8-K2026-08-04
Material event — review for impact
high
8-K2026-05-15
Material event — review for impact
high
8-K2026-05-06
Material event — review for impact
high
Peer context
KTOS-7.2%

Previous notable changes for KTOS

Material / Earnings2026-08-14+2.9%
Kratos Defense & Security Solutions (KTOS) moved -2.15% from $66.00 to $64.58 on 2026-08-14, despite recent positive catalysts. The company reported Q2 revenue of $458.8 million, beating consensus estimates by over 11%, and raised full-year 2026 revenue guidance. Management highlighted strong momentum in hypersonics, autonomous systems, and missile defense programs, with hypersonics revenue projected to scale significantly through 2027.
Material / Earnings2026-08-11+2.1%
Kratos Defense & Security Solutions, Inc. (KTOS) moved +2.65% from $62.09 to $63.73 on 2026-08-11. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move came on light volume (50% of the 5-day average) as the stock reached a new 30-day high.
Activity2026-08-10+2.7%
Kratos Defense & Security Solutions, Inc. (KTOS) moved +2.75% from $60.75 to $62.42 on 2026-08-10, reaching a new 30-day high. We checked news, earnings, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
Activity2026-08-07+5.9%
Kratos Defense & Security Solutions, Inc. (KTOS) moved +4.42% from $58.20 to $60.77 on 2026-08-07, reaching a new 30-day high.
Upcoming catalysts & outlook
Next earnings
2026-11-03 (est.)
in 75 days
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about KTOS

Why did Kratos Defense & Security Solutions, Inc. (KTOS) stock move?

KTOS tumbled 7.2% to $56.18. The move is associated with price move down.

How much did KTOS stock fall?

KTOS lost 7.23% ($4.38) versus the prior close of $60.56, last trading at $56.18 on 1.0× average volume.

When is Kratos Defense & Security Solutions, Inc.'s next earnings date?

KTOS's next earnings report is estimated for 2026-11-03 — about 75 days away.

What is the analyst price target for KTOS?

The consensus analyst price target for KTOS is $100.17, about 78.3% above the current $56.18. Over the past 90 days, analysts recorded 2 upgrades, 7 maintains, and 0 downgrades.

How BestStocks tracks KTOS

This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 20 tracked change events for KTOS, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 20, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataFMP earnings & estimatesSEC EDGAR filingsAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.