H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on Kopin (KOPN – Research Report) today and set a price target of $6.00. The company’s shares closed yesterday at $1.24.
According to TipRanks, Dede is an analyst with an average return of -9.8% and a 30.55% success rate. Dede covers the Technology sector, focusing on stocks such as Kopin, Core Scientific, and BIT Mining.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kopin with a $6.00 average price target.
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KOPN market cap is currently $151.2M and has a P/E ratio of -6.73.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KOPN in relation to earlier this year.
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Kopin Corp. engages in the development manufacture, and sale of wearable technologies which include components and systems. Its portfolio includes display, ASIC, ergonomics, optics, whisper voice interface, software, packaging, and OLED displays. The firm uses semiconductor material technology to design, manufacture and market its component products for use in military, enterprise and consumer electronic applications, training and simulation equipment and 3D metrology equipment. The company was founded by John C.C. Fan on April 23, 1984 and is headquartered in Westborough, MA.
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