Summary:
- Knightscope (KSCP, Financial) secures over $1 million in new contracts and renewals, signaling potential growth.
- The company's stock has gained 0.82%, reaching a price of $4.90.
- Analysts predict significant upside potential with a one-year price target average of $15.67.
Knightscope Inc. (KSCP) recently garnered attention in the financial markets by announcing the acquisition of contracts surpassing $1 million. These agreements include 541 new Emergency Communication Devices (ECDs) across various sectors such as higher education and local government. Consequently, the company's stock saw a rise of 0.82%, closing at $4.90.
Market Analysts' Perspective
Wall Street analysts have set a bullish outlook for Knightscope Inc. (KSCP, Financial) with an average one-year price target of $15.67. The projections span from a high estimate of $26.00 to a low of $9.00, suggesting a compelling upside potential of 209.62% from the current stock price of $5.06. Investors can delve into more comprehensive estimate data on the Knightscope Inc (KSCP) Forecast page.
According to the consensus from three brokerage firms, Knightscope Inc. (KSCP, Financial) enjoys an average recommendation of 2.0, classified as "Outperform". This rating indicates favorable performance expectations, with the scale spanning from 1 (Strong Buy) to 5 (Sell).
Valuation Insights from GuruFocus
GuruFocus' proprietary analysis further supports a positive outlook with an estimated GF Value of $7.98 for Knightscope Inc. (KSCP, Financial) within a year. This projection reflects a potential upside of 57.71% from the existing price of $5.06. The GF Value represents GuruFocus' assessment of the stock's fair value, computed from historical trading multiples, along with both past and projected business performance. For more detailed insights, visit the Knightscope Inc (KSCP) Summary page.
