Institutional coverage of KTOS stock price forecast points to sustained bullish sentiment, aided by rising operating cash flow and efficient cost management. Mercury Systems reported revenues of $208.3 million, down 21% year on year, falling short of analysts' expectations by 2.9%. It was a weak quarter for the company, with a miss of analysts' earnings estimates. We just received data on a new analyst forecast for $KTOS. Peter Arment from Baird set a price target of 87.0 for KTOS. Market surveys indicate KTOS stock price forecast optimism is fueled by steady demand for strategic defense technologies and proprietary innovations.