Bk Technologies (NYSEAMERICAN:BKTI) Price Target Cut to $87.00 by Analysts at Lake Street Capital

Bk Technologies (NYSEAMERICAN:BKTI) had its price objective decreased by Lake Street Capital from $97.00 to $87.00 in a research report released on Friday morning,Benzinga reports. Lake Street Capital currently has a buy rating on the stock.

Bk Technologies Price Performance

Shares of Bk Technologies stock traded down $5.40 on Friday, reaching $61.48. The company had a trading volume of 108,711 shares, compared to its average volume of 49,603. The firm has a market cap of $231.78 million, a price-to-earnings ratio of 17.77 and a beta of 0.60. The firm’s 50-day moving average price is $70.89 and its two-hundred day moving average price is $79.61. Bk Technologies has a 1 year low of $60.00 and a 1 year high of $104.55.

Bk Technologies (NYSEAMERICAN:BKTI) last released its quarterly earnings results on Thursday, November 12th. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.23. Bk Technologies had a return on equity of 31.20% and a net margin of 15.18%. The company had revenue of $25.29 million for the quarter, compared to analyst estimates of $23.50 million. Bk Technologies has set its FY 2026 guidance at 3.150-3.150 EPS.

Institutional Investors Weigh In On Bk Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. State of Wyoming boosted its stake in shares of Bk Technologies by 288.0% during the 1st quarter. State of Wyoming now owns 1,773 shares of the company’s stock worth $132,000 after purchasing an additional 1,316 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in Bk Technologies in the 2nd quarter worth about $173,000. NewEdge Advisors LLC purchased a new stake in Bk Technologies in the 2nd quarter worth about $237,000. IFP Advisors Inc lifted its stake in Bk Technologies by 97.0% in the second quarter. IFP Advisors Inc now owns 3,126 shares of the company’s stock worth $269,000 after purchasing an additional 1,539 shares during the last quarter. Finally, Vise Technologies Inc. lifted its stake in Bk Technologies by 13.1% in the third quarter. Vise Technologies Inc. now owns 3,161 shares of the company’s stock worth $235,000 after purchasing an additional 367 shares during the last quarter. Hedge funds and other institutional investors own 55.05% of the company’s stock.

Latest Bk Technologies News

Investors following BKTI have been watching these news items:

• Positive Sentiment: Third-quarter results beat estimates: earnings were $1.16 per share versus $0.93 expected, while revenue of $25.29 million exceeded the $23.50 million consensus. The company also reported record quarterly revenue despite disruption at its headquarters. BK Technologies Reports Third Quarter of Fiscal Year 2026 Results
• Negative Sentiment: BK Technologies forecast fiscal 2026 EPS of $3.15 and revenue of $85 million, below consensus estimates of $3.59 per share and $90.2 million. The outlook may overshadow the quarterly earnings beat and help explain the downward pressure on BKTI shares. Third-quarter and nine-month earnings results

Bk Technologies Company Profile

BK Technologies Corporation designs and manufactures wireless communications equipment for public safety and government users. Its products include portable and mobile two-way radios and related accessories, marketed under the BK Radio and BKR brands. The company’s land mobile radio products serve law enforcement, fire and emergency response organizations, and federal, state and local government agencies. Its offerings include radios that support Project 25 (P25) digital communications. Headquartered in West Melbourne, Florida, BK Technologies serves customers in the United States and select international markets.