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WESTBOROUGH, Mass. - Kopin Corporation (NASDAQ: KOPN), a prominent provider of specialized optical systems and microdisplays, is scheduled to be added to the Russell 2000® Index following the 2025 Russell indexes reconstitution, as announced in a preliminary list by FTSE Russell on May 23, 2025. The inclusion of Kopin in the Russell 2000 Index will be effective from market opening on June 27, 2025, which will also result in its automatic inclusion in the larger Russell 3000® Index and various growth and value style indexes. The company, currently valued at $214 million, has demonstrated strong market performance with a 64% return over the past year, according to InvestingPro data.
The Russell 2000 Index is a significant performance benchmark in North America, and its indexes are commonly utilized by investment managers and institutional investors for creating index funds and as active investment strategy benchmarks. With approximately $10.6 trillion in assets benchmarked against them, Russell’s US indexes are an integral part of the investment landscape. InvestingPro analysis reveals that Kopin holds more cash than debt on its balance sheet, though analysts don’t expect profitability this year. Subscribers can access 5 additional ProTips and comprehensive financial metrics for deeper analysis.
Fiona Bassett, CEO of FTSE Russell, highlighted the importance of the indexes reflecting the dynamic US economy and stated that the transition to a semi-annual reconstitution starting from 2026 will maintain the indexes’ market representation and benchmarking utility.
Michael Murray, Chairman and CEO of Kopin, expressed pride in the company’s shares being added to the index and conveyed optimism for future growth within their sector of application-specific optical solutions. Murray also noted the potential for the inclusion to enhance Kopin’s visibility in the investment community. The company has shown promising revenue growth of 28% in the last twelve months, though InvestingPro’s Fair Value analysis suggests the stock is currently fairly valued.
Kopin Corporation specializes in developing high-resolution microdisplays and various optical solutions for a range of sectors, including defense, enterprise, and consumer products. Their portfolio boasts technologies such as Active Matrix Liquid Crystal displays, Ferroelectric Liquid Crystal on Silicon displays, MicroLED displays, and Organic Light Emitting Diode displays.
This news is based on a press release statement and provides investors with the latest update on Kopin’s market position as it joins the Russell 2000® Index, reflecting the company’s market capitalization and relevance within the industry.
In other recent news, Kopin Corporation reported a significant 71% increase in its fourth-quarter revenue for 2024, reaching $14.6 million, driven by strong demand in the defense sector. The company posted a net loss of $0.01 per share, which was smaller than analysts’ expectations of a $0.0125 loss per share. For the full year, Kopin’s revenue grew by 25% to $50.3 million, highlighting the company’s strategic focus on expanding its market presence in defense and specialized display markets.
Additionally, Kopin secured a $7.5 million multi-year contract to supply microdisplays for augmented reality pilot Helmet Mounted Display Systems, adding to its robust order book. This contract is part of a total of $13.5 million in orders for the year 2025. Canaccord Genuity, despite lowering the stock price target to $2.25 from $2.50, maintained a Buy rating, citing potential future revenue impacts from a significant SBMC contract.
The company is also focusing on AI and automation to enhance manufacturing efficiency, aiming for $75 million in annual revenue by 2027. Kopin’s CEO, Michael Murray, expressed optimism about the company’s strategic initiatives and future prospects, emphasizing the importance of innovation and market expansion. These developments underline Kopin’s commitment to leveraging advanced technologies and strategic partnerships to drive growth in the coming years.
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