(KOPN) Kopin - Overview
Stock: Microdisplays, Optics, Subassemblies, Components
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 90.5% |
| Relative Tail Risk | -15.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.84 |
| Alpha | 18.62 |
| Character TTM | |
|---|---|
| Beta | 2.505 |
| Beta Downside | 2.440 |
| Drawdowns 3y | |
|---|---|
| Max DD | 78.27% |
| CAGR/Max DD | 0.29 |
Description: KOPN Kopin January 01, 2026
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-grade thermal weapon sights, avionic helmet displays, armored-vehicle targeting systems, simulation headsets, 3D inspection optics, and consumer wearable displays. The firm operates globally from its headquarters in Westborough, Massachusetts, and has been publicly traded since its incorporation in 1984.
Key quantitative signals (as of the most recent 10-K filing): • FY 2023 revenue was approximately $71 million, a 12 % YoY increase driven largely by defense contracts and AR/VR OEM orders. • Cash and short-term investments stood at roughly $45 million, providing a liquidity runway of about 1.5 years at current burn rates. • The broader microdisplay market is projected to grow at a CAGR of ~10 % through 2030, underpinned by rising defense budgets (U.S. defense spending up ~5 % YoY) and accelerating adoption of AR/VR in enterprise training and remote collaboration. These macro trends serve as primary drivers of Kopin’s addressable opportunity set.
For a deeper quantitative view, you might explore the ValueRay platform’s analyst models on KOPN.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: -6.15m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.18 > 0.02 and ΔFCF/TA 5.81 > 1.0 |
| NWC/Revenue: 37.07% < 20% (prev 43.05%; Δ -5.98% < -1%) |
| CFO/TA -0.15 > 3% & CFO -9.27m > Net Income -6.15m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.47 > 1.5 & < 3 |
| Outstanding Shares: last quarter (169.4m) vs 12m ago 36.30% < -2% |
| Gross Margin: 26.06% > 18% (prev 0.01%; Δ 2605 % > 0.5%) |
| Asset Turnover: 69.20% > 50% (prev 62.72%; Δ 6.48% > 0%) |
| Interest Coverage Ratio: -4.95 > 6 (EBITDA TTM -3.40m / Interest Expense TTM 817.2k) |
Altman Z'' -15.00
| A: 0.28 (Total Current Assets 53.2m - Total Current Liabilities 36.3m) / Total Assets 61.2m |
| B: -6.64 (Retained Earnings -406.2m / Total Assets 61.2m) |
| C: -0.06 (EBIT TTM -4.04m / Avg Total Assets 65.9m) |
| D: -10.10 (Book Value of Equity -402.9m / Total Liabilities 39.9m) |
| Altman-Z'' Score: -30.84 = D |
Beneish M -3.81
| DSRI: 0.90 (Receivables 16.3m/17.5m, Revenue 45.6m/44.3m) |
| GMI: 0.04 (GM 26.06% / 0.93%) |
| AQI: 1.16 (AQ_t 0.05 / AQ_t-1 0.05) |
| SGI: 1.03 (Revenue 45.6m / 44.3m) |
| TATA: 0.05 (NI -6.15m - CFO -9.27m) / TA 61.2m) |
| Beneish M-Score: -3.81 (Cap -4..+1) = AAA |
What is the price of KOPN shares?
Over the past week, the price has changed by -1.89%, over one month by +4.02%, over three months by -20.80% and over the past year by +56.02%.
Is KOPN a buy, sell or hold?
- StrongBuy: 3
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the KOPN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 4.7 | 81.1% |
| Analysts Target Price | 4.7 | 81.1% |
| ValueRay Target Price | 2.6 | 1.9% |
KOPN Fundamental Data Overview February 02, 2026
P/S = 9.8617
P/B = 21.1326
P/EG = -0.61
Revenue TTM = 45.6m USD
EBIT TTM = -4.04m USD
EBITDA TTM = -3.40m USD
Long Term Debt = 2.01m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 775.8k USD (from shortTermDebt, last quarter)
Debt = 2.01m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -24.5m USD (from netDebt column, last quarter)
Enterprise Value = 425.2m USD (449.7m + Debt 2.01m - CCE 26.5m)
Interest Coverage Ratio = -4.95 (Ebit TTM -4.04m / Interest Expense TTM 817.2k)
EV/FCF = -38.29x (Enterprise Value 425.2m / FCF TTM -11.1m)
FCF Yield = -2.61% (FCF TTM -11.1m / Enterprise Value 425.2m)
FCF Margin = -24.35% (FCF TTM -11.1m / Revenue TTM 45.6m)
Net Margin = -13.48% (Net Income TTM -6.15m / Revenue TTM 45.6m)
Gross Margin = 26.06% ((Revenue TTM 45.6m - Cost of Revenue TTM 33.7m) / Revenue TTM)
Gross Margin QoQ = 29.80% (prev 16.36%)
Tobins Q-Ratio = 6.95 (Enterprise Value 425.2m / Total Assets 61.2m)
Interest Expense / Debt = 40.74% (Interest Expense 817.2k / Debt 2.01m)
Taxrate = 1.26% (52.0k / 4.13m)
NOPAT = -3.99m (EBIT -4.04m * (1 - 1.26%)) [loss with tax shield]
Current Ratio = 1.47 (Total Current Assets 53.2m / Total Current Liabilities 36.3m)
Debt / Equity = 0.09 (Debt 2.01m / totalStockholderEquity, last quarter 21.3m)
Debt / EBITDA = 7.20 (negative EBITDA) (Net Debt -24.5m / EBITDA -3.40m)
Debt / FCF = 2.21 (negative FCF - burning cash) (Net Debt -24.5m / FCF TTM -11.1m)
Total Stockholder Equity = 20.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -9.33% (Net Income -6.15m / Total Assets 61.2m)
RoE = -30.23% (Net Income TTM -6.15m / Total Stockholder Equity 20.3m)
RoCE = -18.10% (EBIT -4.04m / Capital Employed (Equity 20.3m + L.T.Debt 2.01m))
RoIC = -19.64% (negative operating profit) (NOPAT -3.99m / Invested Capital 20.3m)
WACC = 15.26% (E(449.7m)/V(451.7m) * Re(15.15%) + D(2.01m)/V(451.7m) * Rd(40.74%) * (1-Tc(0.01)))
Discount Rate = 15.15% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 23.78%
Fair Price DCF = unknown (Cash Flow -11.1m)
EPS Correlation: 17.64 | EPS CAGR: 1.00% | SUE: 0.02 | # QB: 0
Revenue Correlation: -19.89 | Revenue CAGR: -2.59% | SUE: -1.33 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.01 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=2
EPS next Year (2026-12-31): EPS=0.03 | Chg30d=+0.020 | Revisions Net=+0 | Growth EPS=+200.0% | Growth Revenue=+43.9%