Why Kratos Defense Stock Is Surging Wednesday Following Q2 Double Beat and Guidance Raise

Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS ) shares are surging Wednesday morning as traders digest a double beat and raised guidance from Tuesday’s quarterly update. Kratos Defense & Security stock is showing exceptional strength. Why is KTOS stock up today? Kratos Delivers Q2 Double Beat as Revenue Surges Kratos posted second-quarter revenue of $458.80 million and adjusted EPS of 21 cents, topping estimates of $410.38 million and 14 cents, respectively, and said business momentum is expected to accelerate in the second half of 2026 and into 2027. The company also lifted its full-year 2026 revenue outlook to $1.75 billion to $1.81 billion (from $1.70 billion to $1.76 billion) and guided third-quarter revenue to $460 million to $480 million versus a $461.64 million estimate. Kratos also picked up fresh Street support after Piper Sandler upgraded the stock to Overweight and...