Kopin (NASDAQ:KOPN) Posts Earnings Results, Misses Estimates By $0.01 EPS

Kopin (NASDAQ:KOPN) released its quarterly earnings results on Tuesday. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01), Zacks reports. The firm had revenue of $10.55 billion for the quarter, compared to the consensus estimate of $10.60 billion. Kopin had a net margin of 6.63% and a return on equity of 8.53%.

Here are the key takeaways from Kopin’s conference call:

• Kopin announced a strategic collaboration with Fabric.AI to develop Neural I/O, an optical interconnect technology for AI infrastructure, and said its $15 million initial order is included in full-year guidance. Management said the opportunity could expand materially over time, with Kopin owning 19.9% of Fabric.AI and serving as exclusive manufacturer.
• The company reported strong defense order momentum, including new European helmet-mounted display orders, the first DarkWAVE order with Theon, a $3.2 million Sentinel FPV order, and a $21.5 million thermal imaging follow-on contract after quarter-end.
• Kopin is bringing OLED microdisplay manufacturing in-house at its Westborough facility to meet rising demand for U.S.-built defense products. Management said the move should improve speed, flexibility, quality control, and sovereign supply-chain options, while supporting FPV drone and thermal weapon sight programs.
• First-quarter revenue was essentially flat year over year at $10.6 million, but the mix shifted toward award and collaboration revenue while product revenue declined. R&D and SG&A both increased as the company invested in MicroLED development and operating capabilities.
• Management reiterated 2026 revenue guidance of $52 million to $60 million and described it as conservative, citing strong backlog, new program ramps, and upside from AI infrastructure and defense demand. The company also said it had $34 million in cash and expects liquidity to fund operations through at least mid-2027.

Kopin Trading Down 8.7%

Kopin stock traded down $0.47 during mid-day trading on Wednesday, hitting $4.89. The company had a trading volume of 6,792,650 shares, compared to its average volume of 5,115,438. Kopin has a 12 month low of $1.23 and a 12 month high of $6.45. The company has a market capitalization of $895.71 million, a PE ratio of 489.49 and a beta of 3.40. The stock’s 50 day moving average price is $2.89 and its two-hundred day moving average price is $2.73.

Insider Activity

In related news, COO Paul Christopher Baker sold 116,860 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $3.95, for a total value of $461,597.00. Following the transaction, the chief operating officer owned 480,005 shares in the company, valued at $1,896,019.75. The trade was a 19.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Andrew Murray sold 187,920 shares of the stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $2.80, for a total transaction of $526,176.00. Following the sale, the chief executive officer directly owned 2,931,122 shares in the company, valued at $8,207,141.60. This trade represents a 6.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 524,760 shares of company stock valued at $1,763,275. 2.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Kopin

A number of institutional investors have recently made changes to their positions in the company. Legal & General Group Plc purchased a new position in Kopin in the 2nd quarter worth approximately $25,000. Prudential Financial Inc. purchased a new stake in Kopin during the 2nd quarter valued at $25,000. Cibc World Markets Corp bought a new stake in shares of Kopin in the 4th quarter worth $28,000. Russell Investments Group Ltd. bought a new stake in shares of Kopin in the 3rd quarter worth $33,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Kopin in the fourth quarter worth $35,000. Hedge funds and other institutional investors own 30.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on KOPN. Canaccord Genuity Group assumed coverage on Kopin in a research report on Friday, May 8th. They set a “buy” rating and a $5.50 price objective for the company. JonesTrading started coverage on shares of Kopin in a research report on Monday, April 27th. They issued a “buy” rating and a $6.00 target price on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Kopin in a research note on Thursday, January 22nd. Craig Hallum reissued a “buy” rating and set a $10.00 price objective on shares of Kopin in a research note on Tuesday. Finally, Stifel Nicolaus upped their price objective on shares of Kopin from $5.50 to $6.50 and gave the stock a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Kopin currently has an average rating of “Moderate Buy” and a consensus target price of $7.00.

More Kopin News

Here are the key news stories impacting Kopin this week:

• Positive Sentiment: Stifel Nicolaus raised its price target on Kopin (KOPN) from $5.50 to $6.50 and reiterated a buy rating, signaling confidence in additional upside from current levels. Benzinga
• Positive Sentiment: Investors are reacting favorably to Kopin’s Q1 results, with reports highlighting that revenue came in slightly above expectations and management pointed to an opportunity tied to AI data center demand. Kopin Shares Edge Up After Q1 Revenue Beat, Highlights AI Data Center Opportunity
• Neutral Sentiment: Kopin reported first-quarter earnings before the market open, and the stock has been drawing heavy trading attention as investors digest the results and the company’s outlook. What’s Going On With Kopin Stock Today?
• Neutral Sentiment: The company also released its Q1 2026 earnings materials and conference call highlights, which are likely keeping the stock active as investors assess strategic collaborations and market opportunities. Kopin Corp (KOPN) Q1 2026 Earnings Call Highlights: Strategic Collaborations and Market …
• Negative Sentiment: The quarter was not perfect: Kopin reported a small EPS miss and revenue came in just below analyst estimates, which may limit enthusiasm despite the upbeat AI narrative. Kopin earnings report

About Kopin

Kopin Corporation (NASDAQ: KOPN) is a technology company specializing in the development and manufacture of high-resolution microdisplays and optical components for wearable electronics. Headquartered in Westborough, Massachusetts, Kopin designs both liquid crystal on silicon (LCOS) and organic light-emitting diode (OLED) microdisplays, as well as complete display engines and optical modules tailored for use in augmented reality (AR), virtual reality (VR), industrial, medical, and defense applications.