Knightscope (KSCP, Financial) has secured more than $1 million through a series of new contracts. These agreements encompass significant client renewals, increased service deployments, and fresh acquisitions nationwide. This new business includes orders from resellers, institutions of higher education, transit authorities, and local government entities. Specifically, the contracts involve commitments for 525 Emergency Communication Devices and six-figure allocations for 7 Autonomous Security Robots. These developments underline Knightscope's expanding footprint and its ongoing commitment to enhancing its product offerings across various sectors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Knightscope Inc (KSCP, Financial) is $17.00 with a high estimate of $30.00 and a low estimate of $9.00. The average target implies an upside of 215.52% from the current price of $5.39. More detailed estimate data can be found on the Knightscope Inc (KSCP) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Knightscope Inc's (KSCP, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Knightscope Inc (KSCP, Financial) in one year is $7.77, suggesting a upside of 44.21% from the current price of $5.388. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Knightscope Inc (KSCP) Summary page.
KSCP Key Business Developments
Release Date: May 14, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Knightscope Inc (KSCP, Financial) reported a 29% increase in total revenue for Q1 2025, reaching $2.9 million compared to $2.3 million in Q1 2024.
- Service revenues grew by 25% to $2.1 million, driven by ASR subscriptions and full-service maintenance agreements.
- Product revenues increased by 44% to $809,000, attributed to successful distribution partnerships.
- Gross loss improved significantly, reducing to $700,000 from $1.4 million in the previous year.
- Operating expenses decreased by 9% year-over-year, reflecting cost discipline and strategic changes in sales and marketing.
Negative Points
- Despite improvements, Knightscope Inc (KSCP) still reported a net operating loss of $6.8 million for the quarter.
- The company is yet to achieve positive EBITDA and earnings, with timing for profitability still uncertain.
- There are risks of disruption due to the move to a new facility, which could impact production and operations.
- Macro uncertainties, such as tariffs, could potentially impact component pricing and supply chain lead times.
- The company faces challenges in scaling its customer base and becoming a household name, partly due to funding constraints.
