Added to YB: 2026-07-02
Pitch date: 2026-06-29
KOPN [neutral]
Kopin Corporation
-2.2%
current return
Author Info
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Company Info
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.
Market Cap
$789.9M
Pitch Price
$4.32
Price Target
N/A
Dividend
N/A
EV/EBITDA
-49.80
P/E
604.91
EV/Sales
19.44
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
Kopin Corporation - $KOPN
KOPN (deep dive): Two businesses, one ticker: 40yr defense optics (FY25 rev $39.3M, -22%, 63% single-customer concentration, negative product margin, never profitable) + 9-week-old Fabric.AI AI-interconnect stake. Trades 22-29x rev vs peers' low-double-digits. Fabric.AI counterparty was EV maker, then stablecoin vehicle, now AI chips—$5M confirmed order + $15M contingent. Bull: real defense recovery, MicroLED optionality. Bear: unproven counterparty, tough competitors (Ayar, Avicena).
Read full article (25 min)