KOPN Chart
About

Kopin Corporation, together with its subsidiaries, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, ferroelectric liquid crystal on silicon displays, organic light emitting diode displays, MicroLED display technologies, application specific optical solutions, backlights, and optical lenses. The company's products are used for soldier thermal weapon rifle sights, avionic fixed and rotary wing pilot helmets, armored vehicle targeting systems, and training and simulation headsets; industrial and medical headsets; 3D optical inspection systems; and consumer augmented reality and virtual reality wearable headsets systems. Kopin Corporation was incorporated in 1984 and is headquartered in Westborough, Massachusetts.

Fundamentals
Scroll to Statements
Sector Technology Industry Electronic Components Market Cap 391.52M
Enterprise Value 366.00M Income -6.15M Sales 45.60M
Book/sh 0.14 Cash/sh 0.15 Dividend Yield —
Payout 0.00% Employees 181 IPO —
P/E — Forward P/E 74.00 PEG —
P/S 8.59 P/B 16.32 P/C —
EV/EBITDA -32.27 EV/Sales 8.03 Quick Ratio 1.18
Current Ratio 1.47 Debt/Eq 9.41 LT Debt/Eq —
EPS (ttm) -0.02 EPS next Y 0.03 EPS Growth —
Revenue Growth -10.20% Earnings 2026-03-11 ROA -11.52%
ROE -27.91% ROIC — Gross Margin 17.66%
Oper. Margin -4.74% Profit Margin -13.48% Shs Outstand 176.36M
Shs Float 150.66M Short Float 9.39% Short Ratio 4.52
Short Interest — 52W High 4.16 52W Low 0.71
Beta 2.85 Avg Volume 3.27M Volume 1.80M
Target Price $4.69 Recom Strong_buy Prev Close $2.20
Price $2.22 Change 0.91%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.69
Mean price target
2. Current target
$2.22
Latest analyst target
3. DCF / Fair value
$-1.33
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.22
Low
$3.25
High
$6.00
Mean
$4.69

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-13 main Canaccord Genuity Buy → Buy $3
2025-11-13 main Lake Street Buy → Buy $4
2025-09-16 main Lake Street Buy → Buy $3
2025-09-16 main Canaccord Genuity Buy → Buy $3
2025-04-21 main Canaccord Genuity Buy → Buy $2
2025-01-29 main Canaccord Genuity Buy → Buy $3
2025-01-02 init Canaccord Genuity — → Buy $2
2024-11-13 reit HC Wainwright & Co. Buy → Buy $3
2024-10-21 reit HC Wainwright & Co. Buy → Buy $3
2024-08-09 main Stifel Buy → Buy $3
2024-06-18 init Lake Street — → Buy $3
2024-05-15 reit HC Wainwright & Co. Buy → Buy $3
2024-03-21 main HC Wainwright & Co. Buy → Buy $3
2024-03-15 reit HC Wainwright & Co. Buy → Buy $3
2023-08-11 reit HC Wainwright & Co. Buy → Buy $3
2023-06-02 init Stifel — → Buy $3
2023-05-12 reit HC Wainwright & Co. Buy → Buy $3
2023-03-15 main HC Wainwright & Co. — → Buy $3
2023-01-20 reit HC Wainwright & Co. — → Buy $6
2021-12-16 up HC Wainwright & Co. Neutral → Buy $6
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 72000 — — Stock Award(Grant) at price 0.00 per share. BAKER PAUL CHRISTOPHER Chief Operating Officer — 2026-01-05 00:00:00 D
1 583658 — — Stock Award(Grant) at price 0.00 per share. MURRAY MICHAEL ANDREW Chief Executive Officer — 2026-01-05 00:00:00 D
2 400000 — — Stock Award(Grant) at price 0.00 per share. MANZ ERICH Chief Financial Officer — 2025-09-02 00:00:00 D
3 64500 — — Stock Award(Grant) at price 0.00 per share. SEIF MARGARET K Director — 2025-06-26 00:00:00 D
4 64500 — — Stock Award(Grant) at price 0.00 per share. WALSH PAUL V JR Director — 2025-06-26 00:00:00 D
5 64500 — — Stock Award(Grant) at price 0.00 per share. NIEUWSMA DAVID J Director — 2025-06-26 00:00:00 D
6 64500 — — Stock Award(Grant) at price 0.00 per share. AVERY JILL JANICE Director — 2025-06-26 00:00:00 D
7 25000 — — Stock Award(Grant) at price 0.00 per share. SNEIDER RICHARD A Chief Financial Officer — 2025-04-23 00:00:00 D
8 100000 — — Stock Award(Grant) at price 0.00 per share. BAKER PAUL CHRISTOPHER Chief Operating Officer — 2025-04-23 00:00:00 D
9 136600 — — Stock Award(Grant) at price 0.00 per share. SNEIDER RICHARD A Chief Financial Officer — 2025-01-03 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-5.51M-732.81K499.11K37.53K
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA8.56M-13.08M-23.44M-13.25M
TotalUnusualItems-26.24M-3.49M2.38M139.01K
TotalUnusualItemsExcludingGoodwill-26.24M-3.49M2.38M139.01K
NetIncomeFromContinuingOperationNetMinorityInterest-43.88M-19.75M-19.33M-13.43M
ReconciledDepreciation636.58K608.22K722.02K668.69K
ReconciledCostOfRevenue36.16M24.95M32.56M25.05M
EBITDA-17.67M-16.57M-21.07M-13.11M
EBIT-18.31M-17.18M-21.79M-13.78M
NetInterestIncome817.18K829.60K76.88K31.14K
InterestIncome817.18K829.60K76.88K31.14K
NormalizedIncome-23.15M-16.99M-21.20M-13.53M
NetIncomeFromContinuingAndDiscontinuedOperation-43.88M-19.75M-19.33M-13.43M
TotalExpenses68.64M57.57M69.19M59.44M
TotalOperatingIncomeAsReported-43.11M-17.18M-21.79M-13.78M
DilutedAverageShares132.88M108.98M91.43M88.83M
BasicAverageShares132.88M108.98M91.43M88.83M
DilutedEPS-0.33-0.18-0.21-0.15
BasicEPS-0.33-0.18-0.21-0.15
DilutedNIAvailtoComStockholders-43.88M-19.75M-19.33M-13.43M
NetIncomeCommonStockholders-43.88M-19.75M-19.33M-13.43M
NetIncome-43.88M-19.75M-19.33M-13.43M
MinorityInterests0.000.00348.0035.50K
NetIncomeIncludingNoncontrollingInterests-43.88M-19.75M-19.33M-13.47M
NetIncomeContinuousOperations-43.88M-19.75M-19.33M-13.47M
TaxProvision170.00K156.00K144.00K129.00K
PretaxIncome-43.71M-19.59M-19.18M-13.34M
OtherIncomeExpense-26.22M-3.24M2.53M404.52K
OtherNonOperatingIncomeExpenses19.99K245.23K154.36K265.51K
SpecialIncomeCharges-24.80M0.000.000.00
OtherSpecialCharges24.80M
ImpairmentOfCapitalAssets0.00
GainOnSaleOfSecurity-1.44M-3.49M2.38M139.01K
NetNonOperatingInterestIncomeExpense817.18K829.60K76.88K31.14K
InterestIncomeNonOperating817.18K829.60K76.88K31.14K
OperatingIncome-18.31M-17.18M-21.79M-13.78M
OperatingExpense32.48M32.62M36.63M34.39M
ResearchAndDevelopment9.64M10.78M18.67M16.29M
SellingGeneralAndAdministration22.84M21.84M17.97M18.10M
GrossProfit14.17M15.44M14.84M20.61M
CostOfRevenue36.16M24.95M32.56M25.05M
TotalRevenue50.34M40.39M47.40M45.67M
OperatingRevenue50.34M40.39M47.40M45.67M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber312.88K70.64K70.64K80.64K
OrdinarySharesNumber156.12M112.25M92.88M89.99M
ShareIssued156.43M112.32M92.95M90.07M
TotalDebt2.12M2.48M3.36M3.81M
TangibleBookValue23.28M29.51M24.16M39.80M
InvestedCapital23.28M29.51M24.16M39.80M
WorkingCapital18.90M23.95M16.40M34.67M
NetTangibleAssets23.28M29.51M24.16M39.80M
CapitalLeaseObligations2.12M2.48M3.36M3.81M
CommonStockEquity23.28M29.51M24.16M39.80M
TotalCapitalization23.28M29.51M24.16M39.80M
TotalEquityGrossMinorityInterest23.28M29.51M23.99M39.63M
MinorityInterest0.000.00-172.68K-172.33K
StockholdersEquity23.28M29.51M24.16M39.80M
GainsLossesNotAffectingRetainedEarnings2.03M1.23M1.18M1.41M
OtherEquityAdjustments2.03M1.23M1.18M1.41M
TreasuryStock370.01K103.13K103.13K366.11K
RetainedEarnings-402.03M-358.16M-338.41M-319.08M
AdditionalPaidInCapital422.09M385.41M360.57M356.93M
CapitalStock1.56M1.12M929.54K900.69K
CommonStock1.56M1.12M929.54K900.69K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest47.48M19.80M19.76M23.38M
TotalNonCurrentLiabilitiesNetMinorityInterest3.54M3.93M5.30M5.85M
OtherNonCurrentLiabilities1.47M1.49M1.37M1.30M
EmployeeBenefits230.65K320.00K1.11M1.15M
NonCurrentPensionAndOtherPostretirementBenefitPlans230.65K320.00K1.11M1.15M
NonCurrentDeferredLiabilities358.29K278.11K248.28K288.63K
NonCurrentDeferredRevenue358.29K278.11K248.28K288.63K
LongTermDebtAndCapitalLeaseObligation1.48M1.83M2.58M3.11M
LongTermCapitalLeaseObligation1.48M1.83M2.58M3.11M
CurrentLiabilities43.94M15.88M14.46M17.53M
CurrentDeferredLiabilities501.87K1.80M1.41M7.21M
CurrentDeferredRevenue87.75K1.32M930.50K6.70M
CurrentDeferredTaxesLiabilities414.12K470.88K482.74K513.42K
CurrentDebtAndCapitalLeaseObligation639.64K651.50K786.93K701.20K
CurrentCapitalLeaseObligation639.64K651.50K786.93K701.20K
PensionandOtherPostRetirementBenefitPlansCurrent40.00K790.00K790.00K0.00
PayablesAndAccruedExpenses42.76M12.64M11.47M9.62M
CurrentAccruedExpenses36.82M7.69M6.03M4.13M
Payables5.94M4.95M5.44M5.48M
AccountsPayable5.94M4.95M5.44M5.48M
TotalAssets70.77M49.31M43.75M63.01M
TotalNonCurrentAssets7.92M9.48M12.89M10.80M
OtherNonCurrentAssets123.82K124.92K170.13K170.93K
InvestmentsAndAdvances3.56M4.69M7.72M4.91M
LongTermEquityInvestment3.56M4.69M7.72M4.91M
NetPPE4.23M4.67M5.00M5.72M
AccumulatedDepreciation-16.99M-16.62M-16.46M-17.12M
GrossPPE21.22M21.29M21.46M22.83M
Leases3.67M3.63M3.60M3.57M
ConstructionInProgress457.89K957.91K550.22K233.24K
OtherProperties16.92M16.53M17.13M18.93M
MachineryFurnitureEquipment170.87K165.64K174.62K101.78K
Properties0.000.000.000.00
CurrentAssets62.84M39.83M30.86M52.21M
OtherCurrentAssets1.15M1.21M1.07M1.76M
RestrictedCash1.05M500.00K0.00
PrepaidAssets85.57K105.50K160.60K
Inventory6.13M7.60M6.43M6.58M
FinishedGoods827.51K798.19K405.19K504.29K
WorkInProcess1.24M2.02M1.74M1.03M
RawMaterials4.06M4.79M4.29M5.04M
Receivables18.92M13.12M10.61M14.41M
OtherReceivables7.07M3.41M4.07M2.30M
AccountsReceivable11.85M9.71M6.54M12.11M
AllowanceForDoubtfulAccountsReceivable-1.07M-1.02M-303.00K-150.00K
GrossAccountsReceivable12.93M10.73M6.84M12.26M
CashCashEquivalentsAndShortTermInvestments35.58M17.40M12.65M29.30M
OtherShortTermInvestments21.42M11.69M4.39M2.51M
CashAndCashEquivalents14.16M5.71M8.26M26.79M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-15.04M-16.21M-18.52M-11.78M
RepurchaseOfCapitalStock-266.88K0.00-198.74K-602.08K
IssuanceOfCapitalStock33.78M21.34M2.86M21.05M
CapitalExpenditure-815.30K-949.49K-832.71K-1.03M
EndCashPosition15.21M6.21M8.26M26.79M
BeginningCashPosition6.21M8.26M26.79M17.11M
EffectOfExchangeRateChanges-952.0014.46K-190.59K-80.12K
ChangesInCash9.00M-2.06M-18.34M9.76M
FinancingCashFlow33.52M21.34M2.66M20.45M
CashFlowFromContinuingFinancingActivities33.52M21.34M2.66M20.45M
NetCommonStockIssuance33.52M21.34M2.66M20.45M
CommonStockPayments-266.88K0.00-198.74K-602.08K
CommonStockIssuance33.78M21.34M2.86M21.05M
InvestingCashFlow-10.29M-8.14M-3.31M53.67K
CashFlowFromContinuingInvestingActivities-10.29M-8.14M-3.31M53.67K
NetOtherInvestingChanges-45.0062.69K20.91K-12.82K
NetInvestmentPurchaseAndSale-9.47M-7.25M-2.00M1.10M
SaleOfInvestment9.71M10.37M2.00M1.10M
PurchaseOfInvestment-19.19M-17.62M-4.00M0.00
NetBusinessPurchaseAndSale0.000.00-500.00K0.00
PurchaseOfBusiness0.000.00-500.00K0.00
CapitalExpenditureReported-815.30K-949.49K-832.71K-1.03M
OperatingCashFlow-14.23M-15.26M-17.69M-10.75M
CashFlowFromContinuingOperatingActivities-14.23M-15.26M-17.69M-10.75M
ChangeInWorkingCapital-3.63M-5.07M-3.13M-2.68M
ChangeInOtherWorkingCapital-845.04K3.57K-3.14M2.58M
ChangeInPayablesAndAccruedExpense3.57M1.84M-3.86M143.38K
ChangeInPrepaidAssets53.61K-202.50K908.16K-691.57K
ChangeInInventory-922.59K-2.26M-2.01M-2.73M
ChangeInReceivables-5.50M-4.45M4.97M-1.99M
ChangesInAccountReceivables-1.58M-5.27M6.81M-3.36M
OtherNonCashItems24.80M
StockBasedCompensation3.33M3.88M1.27M4.42M
ProvisionandWriteOffofAssets502.29K903.43K2.49M-17.15K
AssetImpairmentCharge2.38M1.14M2.08M588.17K
AmortizationOfSecurities0.000.00128.007.52K
DeferredTax170.64K0.00143.34K128.28K
DeferredIncomeTax170.64K0.00143.34K128.28K
DepreciationAmortizationDepletion636.58K608.22K722.02K668.69K
DepreciationAndAmortization636.58K608.22K722.02K668.69K
OperatingGainsLosses1.46M3.03M-1.93M-387.71K
GainLossOnInvestmentSecurities1.61M2.89M-2.70M-300.00K
NetForeignCurrencyExchangeGainLoss-207.93K91.79K449.44K-186.94K
GainLossOnSaleOfPPE59.15K46.23K317.03K99.23K
NetIncomeFromContinuingOperations-43.88M-19.75M-19.33M-13.47M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for KOPN
Date User Asset Broker Type Position Size Entry Price Patterns