Overview Dividends

(KOPN) Kopin - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5006001011

Microdisplays, Subassemblies, Optical Solutions, Display Modules, Backlight Units

KOPN EPS (Earnings per Share)

EPS Growth (3Y CAGR): 9.45%
EPS Trend (3Y Correlation): 20.6%

KOPN Revenue

Revenue Growth (3Y CAGR): -11.22%
Revenue Trend (3Y Correlation): -7.2%

Description: KOPN Kopin October 28, 2025

Kopin Corporation (NASDAQ:KOPN) designs and manufactures microdisplay technologies-including active-matrix LCD, ferroelectric LC-on-silicon, OLED, and emerging MicroLED-for defense, aerospace, industrial, medical, and consumer AR/VR applications. Its product portfolio spans soldier-mounted thermal weapon sights, pilot helmets, armored-vehicle targeting systems, simulation headsets, 3D inspection tools, and wearable consumer displays, serving customers across the U.S., Asia-Pacific, and Europe.

Key industry metrics that shape Kopin’s outlook: (1) Global microdisplay market revenue is projected to reach ≈ $2.5 bn by 2027, growing at a ~9% CAGR, driven by expanding AR/VR adoption and defense modernization budgets; (2) U.S. defense spending on advanced optics and soldier systems is expected to rise ~5% YoY, providing a relatively insulated revenue stream for niche suppliers; (3) Kopin’s 2023 revenue of $38 m (≈ +12% YoY) and a gross margin of 38% indicate modest scale but improving profitability as MicroLED volumes ramp. These figures suggest the company benefits from both secular defense spend and the high-growth consumer AR/VR segment, though it remains vulnerable to supply-chain constraints in advanced semiconductor substrates.

For a deeper, data-driven assessment of Kopin’s valuation dynamics, you may find the analyst tools on ValueRay worth exploring.

KOPN Stock Overview

Market Cap in USD	675m
Sub-Industry	Semiconductors
IPO / Inception	1992-04-15

KOPN Stock Ratings

Growth Rating	55.1%
Fundamental	50.0%
Dividend Rating	-
Return 12m vs S&P 500	202%
Analyst Rating	5.0 of 5

KOPN Dividends

Currently no dividends paid

KOPN Growth Ratios

Growth Correlation 3m	92.6%
Growth Correlation 12m	80.8%
Growth Correlation 5y	-51.5%
CAGR 5y	43.92%
CAGR/Max DD 3y (Calmar Ratio)	0.56
CAGR/Mean DD 3y (Pain Ratio)	1.12
Sharpe Ratio 12m	-0.04
Alpha	234.14
Beta	2.974
Volatility	122.60%
Current Volume	4074.5k
Average Volume 20d	5553.8k
Stop Loss	2.7 (-10.3%)
Signal	-0.63

Piotroski VR‑10 (Strict, 0-10) 0.5

Net Income (-8.29b TTM) > 0 and > 6% of Revenue (6% = 2.82m TTM)

FCFTA -0.14 (>2.0%) and ΔFCFTA 14.87pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 23.9k% (prev -12.10%; Δ 23.9kpp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.12 (>3.0%) and CFO -7.58b > Net Income -8.29b (YES >=105%, WARN >=100%)

NO Net Debt/EBITDA fails (EBITDA <= 0)

Current Ratio 1.27 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (166.4m) change vs 12m ago 37.03% (target <= -2.0% for YES)

Gross Margin -31.2k% (prev 28.13%; Δ -31.3kpp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 0.15% (prev 84.70%; Δ -84.55pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -4786 (EBITDA TTM -9.37b / Interest Expense TTM 817.2k) >= 6 (WARN >= 3)

Altman Z'' -30.99

(A) 0.18 = (Total Current Assets 52.64b - Total Current Liabilities 41.43b) / Total Assets 61.18b

(B) -6.71 = Retained Earnings (Balance) -410.31b / Total Assets 61.18b

warn (B) unusual magnitude: -6.71 — check mapping/units

(D) -9.02 = Book Value of Equity -407.10b / Total Liabilities 45.14b

Total Rating: -30.99 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 50.00

1. Piotroski 0.50pt = -4.50

2. FCF Yield 34.78% = 5.0

3. FCF Margin data missing

4. Debt/Equity 0.05 = 2.50

5. Debt/Ebitda 2.52 = -0.99

7. RoE -205.8% = -2.50

8. Rev. Trend -7.17% = -0.54

9. EPS Trend 20.57% = 1.03

What is the price of KOPN shares?

As of November 05, 2025, the stock is trading at USD 3.01 with a total of 4,074,539 shares traded.
Over the past week, the price has changed by -14.97%, over one month by -15.69%, over three months by +64.48% and over the past year by +262.65%.

Is Kopin a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Kopin is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 50.00 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of KOPN is around 2.77 USD . This means that KOPN is currently overvalued and has a potential downside of -7.97%.

Is KOPN a buy, sell or hold?

Kopin has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy KOPN.

Strong Buy: 3
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the KOPN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	4.3	41.2%
Analysts Target Price	4.3	41.2%
ValueRay Target Price	3.1	2%

KOPN Fundamental Data Overview October 25, 2025

Market Cap USD = 674.7m (674.7m USD * 1.0 USD.USD)
P/E Forward = 33.0033
P/S = 14.3677
P/B = 30.0133
P/EG = -0.61
Beta = 2.974
Revenue TTM = 47.0m USD
EBIT TTM = -3.91b USD
EBITDA TTM = -9.37b USD
Long Term Debt = 2.20m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 765.6k USD (from shortTermDebt, last quarter)
Debt = 765.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -23.60b USD (from netDebt column, last quarter)
Enterprise Value = -25.35b USD (674.7m + Debt 765.6m - CCE 26.79b)
Interest Coverage Ratio = -4786 (Ebit TTM -3.91b / Interest Expense TTM 817.2k)
FCF Yield = 34.78% (FCF TTM -8.82b / Enterprise Value -25.35b)
FCF Margin = -18.8k% (FCF TTM -8.82b / Revenue TTM 47.0m)
Net Margin = -17.6k% (Net Income TTM -8.29b / Revenue TTM 47.0m)
Gross Margin = -9999 % ((Revenue TTM 47.0m - Cost of Revenue TTM 14.72b) / Revenue TTM)
Gross Margin QoQ = -9999 % (prev -9999 %)
Tobins Q-Ratio = -0.41 (set to none) (Enterprise Value -25.35b / Total Assets 61.18b)
Interest Expense / Debt = 0.11% (Interest Expense 817.2k / Debt 765.6m)
Taxrate = -0.00% (negative due to tax credits) (52.0k / -5.11b)
NOPAT = -3.91b (EBIT -3.91b * (1 - -0.00%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 1.27 (Total Current Assets 52.64b / Total Current Liabilities 41.43b)
Debt / Equity = 0.05 (Debt 765.6m / totalStockholderEquity, last quarter 16.04b)
Debt / EBITDA = 2.52 (negative EBITDA) (Net Debt -23.60b / EBITDA -9.37b)
Debt / FCF = 2.68 (negative FCF - burning cash) (Net Debt -23.60b / FCF TTM -8.82b)
Total Stockholder Equity = 4.03b (last 4 quarters mean from totalStockholderEquity)
RoA = -13.54% (Net Income -8.29b / Total Assets 61.18b)
RoE = -205.8% (Net Income TTM -8.29b / Total Stockholder Equity 4.03b)
RoCE = -97.07% (EBIT -3.91b / Capital Employed (Equity 4.03b + L.T.Debt 2.20m))
RoIC = -18.9k% (out of range, set to none) (NOPAT -3.91b / Invested Capital 20.7m)
WACC = 8.01% (E(674.7m)/V(1.44b) * Re(16.97%) + D(765.6m)/V(1.44b) * Rd(0.11%) * (1-Tc(-0.00)))
Discount Rate = 16.97% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 22.64%
Fair Price DCF = unknown (Cash Flow -8.82b)
EPS Correlation: 20.57 | EPS CAGR: 9.45% | SUE: 0.13 | # QB: 0
Revenue Correlation: -7.17 | Revenue CAGR: -11.22% | SUE: -2.14 | # QB: 0

Additional Sources for KOPN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle