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Ascendiant Keeps Their Buy Rating on Knightscope Inc Class A (KSCP)
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Ascendiant Keeps Their Buy Rating on Knightscope Inc Class A (KSCP)

Ascendiant analyst Edward Woo maintained a Buy rating on Knightscope Inc Class A (KSCPResearch Report) on September 17 and set a price target of $3.75. The company’s shares closed yesterday at $0.76.

According to TipRanks, Woo is an analyst with an average return of -3.5% and a 41.18% success rate. Woo covers the Technology sector, focusing on stocks such as Knightscope Inc Class A, Genasys, and Sintx Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Knightscope Inc Class A with a $3.75 average price target.

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Based on Knightscope Inc Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.56 million and a GAAP net loss of $4.8 million. In comparison, last year the company earned a revenue of $1.04 million and had a net profit of $868 thousand

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Knightscope Inc is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report.

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