BK Technologies (BKTI)
Market Price (3/18/2026): $78.185 | Market Cap: $293.9 MilSector: Information Technology | Industry: Communications Equipment
BK Technologies (BKTI)
Market Price (3/18/2026): $78.185Market Cap: $293.9 MilSector: Information TechnologyIndustry: Communications Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 23%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19% | Stock price has recently run up significantly12M Rtn12 month market price return is 154% |
| Attractive yieldFCF Yield is 5.5% | Key risksBKTI key risks include [1] its heavy reliance on government contracts and spending, Show more. |
| Megatrend and thematic driversMegatrends include Public Safety Technology. Themes include Mission-Critical Communications, and Emergency Response Systems. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 23%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19% |
| Attractive yieldFCF Yield is 5.5% |
| Megatrend and thematic driversMegatrends include Public Safety Technology. Themes include Mission-Critical Communications, and Emergency Response Systems. |
| Stock price has recently run up significantly12M Rtn12 month market price return is 154% |
| Key risksBKTI key risks include [1] its heavy reliance on government contracts and spending, Show more. |
Qualitative Assessment
AI Analysis | Feedback
BK Technologies (BKTI) stock has gained about 25% since 11/30/2025 because of the following key factors:
1. Strong Fourth Quarter and Full-Year 2025 Financial Performance.
BK Technologies reported a 20% year-over-year increase in quarterly revenue for Q4 2025, reaching $21.5 million. The company's full-year 2025 revenue grew 12.5% to $86.1 million, exceeding its high-single-digit guidance. Gross margins significantly expanded to 50.4% in Q4 2025, up from 41.2% in the prior year's quarter. Furthermore, GAAP diluted EPS for the full year 2025 reached $3.44, surpassing the guidance of $3.15 per diluted share.
2. Sustained Success and Adoption of the BKR9000 Radio Series.
The BKR9000 multiband handheld radio series was a primary driver of both revenue and margin growth, with the company delivering 2.5 times more BKR9000 radios in 2025 compared to 2024. This expanded penetration within tier 2 and tier 3 first responder markets, including public safety, structural fire, and law enforcement sectors, fueled strong order activity and reinforced the product's market acceptance.
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1. Strong Fourth Quarter and Full-Year 2025 Financial Performance.
BK Technologies reported a 20% year-over-year increase in quarterly revenue for Q4 2025, reaching $21.5 million. The company's full-year 2025 revenue grew 12.5% to $86.1 million, exceeding its high-single-digit guidance. Gross margins significantly expanded to 50.4% in Q4 2025, up from 41.2% in the prior year's quarter. Furthermore, GAAP diluted EPS for the full year 2025 reached $3.44, surpassing the guidance of $3.15 per diluted share.
2. Sustained Success and Adoption of the BKR9000 Radio Series.
The BKR9000 multiband handheld radio series was a primary driver of both revenue and margin growth, with the company delivering 2.5 times more BKR9000 radios in 2025 compared to 2024. This expanded penetration within tier 2 and tier 3 first responder markets, including public safety, structural fire, and law enforcement sectors, fueled strong order activity and reinforced the product's market acceptance.
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Stock Movement Drivers
Fundamental Drivers
The 22.6% change in BKTI stock from 11/30/2025 to 3/17/2026 was primarily driven by a 19.0% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 63.99 | 78.43 | 22.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 83 | 86 | 4.3% |
| Net Income Margin (%) | 15.7% | 15.7% | 0.1% |
| P/E Multiple | 18.3 | 21.8 | 19.0% |
| Shares Outstanding (Mil) | 4 | 4 | -1.4% |
| Cumulative Contribution | 22.6% |
Market Drivers
11/30/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| BKTI | 22.6% | |
| Market (SPY) | -1.8% | 33.0% |
| Sector (XLK) | -2.5% | 32.7% |
Fundamental Drivers
The 10.8% change in BKTI stock from 8/31/2025 to 3/17/2026 was primarily driven by a 10.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 70.78 | 78.43 | 10.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 78 | 86 | 10.0% |
| Net Income Margin (%) | 15.2% | 15.7% | 3.5% |
| P/E Multiple | 21.7 | 21.8 | 0.3% |
| Shares Outstanding (Mil) | 4 | 4 | -3.0% |
| Cumulative Contribution | 10.8% |
Market Drivers
8/31/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| BKTI | 10.8% | |
| Market (SPY) | 4.3% | 30.4% |
| Sector (XLK) | 6.5% | 26.3% |
Fundamental Drivers
The 157.1% change in BKTI stock from 2/28/2025 to 3/17/2026 was primarily driven by a 136.0% change in the company's Net Income Margin (%).| (LTM values as of) | 2282025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 30.50 | 78.43 | 157.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 75 | 86 | 14.9% |
| Net Income Margin (%) | 6.7% | 15.7% | 136.0% |
| P/E Multiple | 21.6 | 21.8 | 0.7% |
| Shares Outstanding (Mil) | 4 | 4 | -5.8% |
| Cumulative Contribution | 157.1% |
Market Drivers
2/28/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| BKTI | 157.1% | |
| Market (SPY) | 13.9% | 28.6% |
| Sector (XLK) | 24.3% | 26.3% |
Fundamental Drivers
The 350.7% change in BKTI stock from 2/28/2023 to 3/17/2026 was primarily driven by a 152.2% change in the company's P/S Multiple.| (LTM values as of) | 2282023 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.40 | 78.43 | 350.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 43 | 86 | 98.2% |
| P/S Multiple | 1.4 | 3.4 | 152.2% |
| Shares Outstanding (Mil) | 3 | 4 | -9.8% |
| Cumulative Contribution | 350.7% |
Market Drivers
2/28/2023 to 3/17/2026| Return | Correlation | |
|---|---|---|
| BKTI | 350.7% | |
| Market (SPY) | 75.6% | 26.3% |
| Sector (XLK) | 108.6% | 23.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BKTI Return | -19% | 45% | -26% | 180% | 118% | 2% | 436% |
| Peers Return | 65% | -4% | -10% | -13% | 68% | 16% | 143% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -2% | 78% |
Monthly Win Rates [3] | |||||||
| BKTI Win Rate | 58% | 67% | 42% | 50% | 50% | 67% | |
| Peers Win Rate | 70% | 47% | 47% | 57% | 57% | 73% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| BKTI Max Drawdown | -44% | -12% | -46% | -9% | -21% | 0% | |
| Peers Max Drawdown | -3% | -30% | -32% | -40% | -30% | -4% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -3% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MSI, LHX, VSAT, CMTL, RELL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/17/2026 (YTD)
How Low Can It Go
| Event | BKTI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -69.0% | -25.4% |
| % Gain to Breakeven | 222.6% | 34.1% |
| Time to Breakeven | 1,033 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -62.4% | -33.9% |
| % Gain to Breakeven | 165.8% | 51.3% |
| Time to Breakeven | 70 days | 148 days |
| 2018 Correction | ||
| % Loss | -53.2% | -19.8% |
| % Gain to Breakeven | 113.5% | 24.7% |
| Time to Breakeven | 1,768 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -92.5% | -56.8% |
| % Gain to Breakeven | 1239.6% | 131.3% |
| Time to Breakeven | 2,238 days | 1,480 days |
Compare to MSI, LHX, VSAT, CMTL, RELL
In The Past
BK Technologies's stock fell -69.0% during the 2022 Inflation Shock from a high on 3/10/2021. A -69.0% loss requires a 222.6% gain to breakeven.
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About BK Technologies (BKTI)
BK Technologies Corporation, through its subsidiary, BK Technologies, Inc., engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR), repeaters, base stations, and related components and subsystems. Its BK Technologies, BKR, and BK Radio branded products include LMR equipment for professional radio users primarily in government, public safety, and military applications, as well as P-25 digital products; and RELM branded products provide two-way communications for commercial and industrial concerns, such as hotels, construction firms, schools, and transportation services. The company was incorporated in 1997 and is headquartered in West Melbourne, Florida.
AI Analysis | Feedback
Here are 1-3 brief analogies to describe BK Technologies (BKTI):
- A niche competitor to Motorola Solutions, focused on providing robust two-way radios and communication systems for government, public safety, and industrial customers.
- The "rugged walkie-talkie" company for first responders and heavy industry, much like a specialized version of Motorola Solutions.
AI Analysis | Feedback
- Two-way Land Mobile Radios (LMR): Wireless communication devices primarily used by professionals in government, public safety, military, and various commercial sectors for two-way voice communication.
- Repeaters: Electronic devices designed to receive weak signals and retransmit them at a higher power to extend communication range.
- Base Stations: Fixed radio transceivers that serve as central communication points for mobile radios within a specific coverage area.
- Related Components and Subsystems: Essential parts and integrated units that support and enhance the functionality of their core wireless communication products.
AI Analysis | Feedback
BK Technologies (BKTI) sells its products primarily to other organizations and entities, rather than directly to individuals or specific large public companies for resale. Based on the company description, its major customers fall into the following categories:
- Government, Public Safety, and Military Agencies: This includes various federal, state, and local government bodies, public safety organizations (such as police, fire, and emergency medical services), and military applications.
- Commercial and Industrial Concerns: This broad category encompasses businesses and organizations in sectors such as hotels, construction firms, schools, and transportation services.
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John M. Suzuki President & Chief Executive Officer, Board Director John Suzuki was appointed CEO of BK Technologies in July 2021. He brings over 35 years of executive-level experience in the mobile communications industry, spanning sales, marketing, operations, product development, and supply chain. Before joining BK Technologies, he served as President and CEO of EF Johnson Technologies, a division of JVCKENWOOD, where he led a doubling of revenue during his four-year tenure. His previous roles include Senior Vice President of Sales at Avtec Incorporated, Vice President of Sales and Marketing at Ultra Electronics 3eTI, and Senior Vice President of Sales at EF Johnson, where he significantly grew state, local, and international businesses. Earlier in his career, he was Vice President, Supply for Ericsson, managing a 400-person team responsible for over $1 billion in revenues, and began his career as a Radio System Engineer at Motorola Canada. Scott A. Malmanger Chief Financial Officer and Secretary Scott Malmanger currently serves as the Chief Financial Officer and Secretary of BK Technologies. He regularly participates in company earnings calls and has been mentioned in recent company announcements regarding executive compensation. Branko Avanic, PhD Chief Technology Officer Dr. Branko Avanic is the Chief Technology Officer at BK Technologies, with over 30 years of experience in leading-edge product development within the Land Mobile Radio (LMR) industry. He oversees all hardware and software engineering activities at the company, including product architecture and strategic technology planning. Prior to his role at BK Technologies, Dr. Avanic held senior positions at Motorola Solutions, including Director and Head Architect of Devices Engineering. James Teel General Manager, Solutions Business James Teel is the General Manager of the Solutions Business at BK Technologies. He possesses over 40 years of experience in the wireless communications industry, with expertise in product development, business strategy, and public safety communications. In his current role, Mr. Teel leads the company's Solutions business unit, which focuses on Software-as-a-Service (SaaS) and traditional software products designed to enhance mission-critical communications. Stephen Theisen Senior Vice President & General Manager, Land Mobile Radio Business Stephen Theisen serves as the Senior Vice President and General Manager of the Land Mobile Radio (LMR) Business at BK Technologies. He is a 25-year veteran of the LMR industry, known for his commitment to delivering mission-critical communication solutions for first responders and public safety agencies. Mr. Theisen has held various leadership roles in sales and marketing at BK Technologies.AI Analysis | Feedback
Here are the key risks to BK Technologies' business:
- Reliance on Government Clients: A substantial portion of BK Technologies' sales comes from U.S. government agencies, including federal, state, and municipal entities. For example, sales to the U.S. Government represented approximately 38% of total sales in 2024 and 49% in 2023. This reliance makes the company vulnerable to government budget cuts, changes in spending priorities, or deferment of purchases by these key customers, which could materially impact its financial performance.
- Competition and Potential Technological Disruption: BK Technologies operates in the public safety communications sector, which is subject to increasing competition and the constant threat of technological obsolescence. While their traditional Land Mobile Radio (LMR) products are vital for direct radio communications, there is an ongoing concern that newer technologies, such as LTE/5G cellular solutions, could eventually replace or significantly disrupt the LMR market. Although currently viewed as complementary, continued advancements in cellular technology could pose a long-term challenge to the company's core business.
- Product Development and Execution Risk: BK Technologies' future growth is significantly tied to the successful development and launch of new products, such as the upcoming BKR9500 mobile radio, which is a complex engineering project slated for launch in the first half of 2027. Delays, technical issues, or higher-than-expected development costs associated with such critical product launches could harm the company's credibility with customers, impact reported earnings, and hinder its ability to achieve strategic growth targets, including its Vision 2030 objectives to double revenue.
AI Analysis | Feedback
The clear emerging threat for BK Technologies is the increasing adoption and technological advancement of **Push-to-Talk over Cellular (PoC)** solutions. PoC leverages commercial cellular networks (like 4G LTE and 5G) to provide two-way radio functionality, offering an alternative to traditional Land Mobile Radios (LMR).
This threat is particularly pertinent to BK Technologies' RELM branded products, which cater to commercial and industrial concerns such as hotels, construction firms, schools, and transportation services. For these users, PoC offers several advantages including potentially lower infrastructure costs (by leveraging existing cellular networks), broader geographical coverage in some areas, and the ability to integrate with other smartphone functionalities and data services. While traditional LMR still holds significant advantages for mission-critical public safety and military applications (due to dedicated spectrum, direct mode communication, and superior reliability in challenging environments), the continuous improvement in cellular network resilience and PoC application capabilities poses a competitive challenge, particularly for the commercial segment where cost and flexibility can be primary drivers.
AI Analysis | Feedback
The addressable market for BK Technologies' main products and services primarily revolves around the Land Mobile Radio (LMR) market, especially within government, public safety, and military applications, including P25 digital products, as well as two-way communications for commercial and industrial sectors.
Global Land Mobile Radio (LMR) Market
The global Land Mobile Radio (LMR) market was valued at approximately USD 25.24 billion in 2023 and is projected to reach USD 69.11 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 11.84% from 2024 to 2032. Another estimate indicates the global LMR market size was USD 30.4 billion in 2024 and is projected to reach USD 101.9 billion by 2034, with a CAGR of 13.2% during the forecast period. The digital segment dominates this market, driven by superior voice clarity, data capabilities, and enhanced security features.
U.S. Land Mobile Radio (LMR) Market
In the United States, the LMR market was valued at USD 6.60 billion in 2023 and is expected to grow to USD 15.56 billion by 2032, exhibiting a CAGR of 9.99%. North America held the largest revenue share of approximately 38% in the global LMR market in 2023. The U.S. market is significantly driven by government investments in public safety communications, smart city expansions, and the demand for resilient, mission-critical communication systems.
U.S. P25 Public Safety Land Mobile Radio Systems Market
Specifically for P25 digital products, which are crucial for public safety, the U.S. P25 Public Safety Land Mobile Radio Systems Market was valued at USD 415.25 million in 2023. This market is anticipated to reach USD 935 million by 2033, demonstrating a CAGR of 8.46% from 2023 to 2033. The public safety segment is expected to maintain the largest market share within this sector, with significant demand for reliable communication systems in emergency situations.
Broader Two-Way Radio Equipment Market
For the broader two-way radio equipment market, which includes LMR, the global market size was estimated at USD 8.78 billion in 2024 and is projected to grow to USD 18.9 billion by 2035, at a CAGR of 7.22% from 2025 to 2035. Public safety is the dominant application segment, accounting for 45% of the market share, followed by commercial (30%) and industrial (25%) sectors.
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Here are 3-5 expected drivers of future revenue growth for BK Technologies (BKTI) over the next 2-3 years:
- Continued Demand for BKR9000 Multiband Radio: The BKR9000 multiband handheld radio has been a significant driver of revenue and margin growth, with strong order activity from state and local agencies and expanded penetration among Tier 2 and Tier 3 first responders. This product is expected to continue driving growth.
- Launch of BKR9500 Mobile Radio: BK Technologies plans to launch the BKR9500 mobile radio in the first half of 2027. This new product is anticipated to contribute significantly to future revenue, particularly through in-vehicle mobile sales, and is a key part of the company's Vision 2030 growth plan.
- Expansion of Market Share: The company is actively working to expand its market share within the public safety communications sector, targeting a broad range of agencies. Management has outlined a Vision 2030 initiative that aims to double revenues and further increase market share through continued product adoption and strategic execution.
- Strategic Product Development and Innovation: Beyond specific product launches, BK Technologies is committed to continued investment in product development and innovation across its portfolio. This focus aims to enhance its competitive offerings and drive sustainable long-term growth.
- Benefits from Outsourced Manufacturing and Cost Efficiencies: The strategic outsourcing of manufacturing operations and ongoing cost reduction initiatives, while directly impacting gross margins, indirectly support revenue growth by improving profitability and freeing up capital for investment in new product development and market expansion.
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Share Repurchases
- BK Technologies authorized a share repurchase program of up to $5 million in common shares on December 21, 2021.
- From October 1, 2025, to December 31, 2025, the company repurchased 19,135 shares for $1.25 million, completing a portion of the previously announced buyback.
- Approximately 19,000 shares of common stock were repurchased during Q4 2025 under its Rule 10b5-1 program.
Share Issuance
- The BK Technologies Corporation 2025 Incentive Compensation Plan and Employee Stock Purchase Plan (ESPP) were approved by stockholders on June 18, 2025, reserving 500,000 shares of common stock for issuance under the 2025 Plan.
Inbound Investments
- As of January 30, 2026, The Vanguard Group disclosed a 5.11% passive ownership stake in BK Technologies Corp.
- Vanguard Group Inc. increased its stake in BK Technologies by 6.6% during Q3 2025, holding 180,099 shares valued at $15,215,000.
- Balentine LLC acquired 89,248 shares of BK Technologies in Q3 2025, valued at approximately $7.54 million, representing about 2.39% of the company.
Capital Expenditures
- BK Technologies capitalized approximately $2.1 million in 2025 and $1.3 million in 2024 for the development of its BKR9500 mobile radio.
- The company invested $359,000 in capital expenditures during Q3 2025.
- Development costs for the BKR 9500 mobile radio will be expensed in 2026, which is projected to reduce reported EPS by approximately $0.50.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| BK Technologies Earnings Notes | 12/16/2025 | |
| Can BK Technologies Stock Hold Up When Markets Turn? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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| 02282026 | BMI | Badger Meter | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
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| 02272026 | ITRI | Itron | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | FSLR | First Solar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | PEGA | Pegasystems | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
Research & Analysis
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Peer Comparisons
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 64.31 |
| Mkt Cap | 3.6 |
| Rev LTM | 2,555 |
| Op Inc LTM | 10 |
| FCF LTM | 320 |
| FCF 3Y Avg | 5 |
| CFO LTM | 794 |
| CFO 3Y Avg | 491 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.6% |
| Rev Chg 3Y Avg | 8.7% |
| Rev Chg Q | 4.3% |
| QoQ Delta Rev Chg LTM | 1.0% |
| Op Mgn LTM | 5.9% |
| Op Mgn 3Y Avg | 5.6% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 18.4% |
| CFO/Rev 3Y Avg | 13.1% |
| FCF/Rev LTM | 12.9% |
| FCF/Rev 3Y Avg | 5.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 3.6 |
| P/S | 2.3 |
| P/EBIT | 25.9 |
| P/E | 29.0 |
| P/CFO | 18.7 |
| Total Yield | 3.1% |
| Dividend Yield | 0.5% |
| FCF Yield 3Y Avg | 2.0% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -1.7% |
| 3M Rtn | 23.3% |
| 6M Rtn | 21.1% |
| 12M Rtn | 76.1% |
| 3Y Rtn | 63.9% |
| 1M Excs Rtn | 0.1% |
| 3M Excs Rtn | 25.7% |
| 6M Excs Rtn | 21.3% |
| 12M Excs Rtn | 73.8% |
| 3Y Excs Rtn | -8.3% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Land Mobile Radio (LMR) Products and Solutions | 77 | 74 | 51 | ||
| Single segment | 45 | 44 | |||
| Total | 77 | 74 | 51 | 45 | 44 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Land Mobile Radio (LMR) Products and Solutions | 8 | -1 | |||
| Total | 8 | -1 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Land Mobile Radio (LMR) Products and Solutions | 8 | -2 | |||
| Total | 8 | -2 |
Price Behavior
Price Behavior
| Market Price | $78.43 | |
| Market Cap ($ Bil) | 0.3 | |
| First Trading Date | 09/07/1984 | |
| Distance from 52W High | -12.4% | |
| 50 Days | 200 Days | |
| DMA Price | $82.08 | $66.97 |
| DMA Trend | up | up |
| Distance from DMA | -4.4% | 17.1% |
| 3M | 1YR | |
| Volatility | 41.4% | 77.8% |
| Downside Capture | 70.19 | 58.85 |
| Upside Capture | 117.52 | 145.79 |
| Correlation (SPY) | 29.2% | 27.1% |
BKTI Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.16 | 0.62 | 0.99 | 1.27 | 1.15 | 1.23 |
| Up Beta | 1.59 | 1.27 | 1.11 | 1.61 | 0.97 | 0.90 |
| Down Beta | 1.56 | 0.59 | 1.18 | 1.19 | 1.51 | 1.32 |
| Up Capture | 175% | 114% | 198% | 155% | 212% | 485% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 14 | 26 | 38 | 72 | 133 | 364 |
| Down Capture | 9% | -30% | -15% | 104% | 67% | 105% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 7 | 15 | 23 | 52 | 117 | 373 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BKTI | |
|---|---|---|---|---|
| BKTI | 172.0% | 77.9% | 1.60 | - |
| Sector ETF (XLK) | 31.2% | 26.6% | 0.99 | 23.2% |
| Equity (SPY) | 20.3% | 18.8% | 0.85 | 26.9% |
| Gold (GLD) | 68.2% | 26.2% | 1.97 | 4.0% |
| Commodities (DBC) | 19.1% | 17.3% | 0.89 | 15.0% |
| Real Estate (VNQ) | 7.6% | 16.1% | 0.27 | 22.5% |
| Bitcoin (BTCUSD) | -10.5% | 44.3% | -0.12 | 7.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BKTI | |
|---|---|---|---|---|
| BKTI | 27.9% | 70.6% | 0.64 | - |
| Sector ETF (XLK) | 17.5% | 24.6% | 0.64 | 22.1% |
| Equity (SPY) | 13.0% | 17.0% | 0.60 | 24.1% |
| Gold (GLD) | 23.4% | 17.2% | 1.11 | 3.2% |
| Commodities (DBC) | 11.0% | 19.0% | 0.47 | 12.9% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 14.4% |
| Bitcoin (BTCUSD) | 6.1% | 56.7% | 0.33 | 9.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BKTI | |
|---|---|---|---|---|
| BKTI | 17.7% | 65.5% | 0.53 | - |
| Sector ETF (XLK) | 22.2% | 24.2% | 0.84 | 15.3% |
| Equity (SPY) | 14.8% | 17.9% | 0.71 | 17.2% |
| Gold (GLD) | 14.4% | 15.6% | 0.76 | 0.8% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 12.0% |
| Real Estate (VNQ) | 5.8% | 20.7% | 0.24 | 10.9% |
| Bitcoin (BTCUSD) | 68.3% | 66.8% | 1.07 | 3.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/12/2026 | -7.0% | ||
| 11/6/2025 | 12.2% | 3.0% | -7.6% |
| 8/14/2025 | 42.7% | 48.2% | 64.7% |
| 3/27/2025 | 9.3% | 51.2% | 49.0% |
| 11/14/2024 | 11.9% | 20.7% | 26.9% |
| 8/8/2024 | 9.7% | 46.7% | 69.1% |
| 3/14/2024 | 6.5% | 22.6% | 20.1% |
| 11/9/2023 | -3.0% | -2.4% | -8.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 10 | 9 |
| # Negative | 8 | 10 | 11 |
| Median Positive | 6.5% | 21.7% | 24.9% |
| Median Negative | -5.0% | -10.0% | -8.4% |
| Max Positive | 42.7% | 51.2% | 69.1% |
| Max Negative | -14.8% | -32.3% | -33.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/12/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/14/2025 | 10-Q |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 03/27/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/14/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Avanic, Branko | CTO | Direct | Sell | 9092025 | 68.89 | 2,031 | 139,919 | 893,459 | Form |
| 2 | Avanic, Branko | CTO | Direct | Sell | 9092025 | 68.41 | 2,000 | 136,811 | 750,341 | Form |
| 3 | Ohara, Ellen O | Direct | Sell | 8282025 | 71.72 | 100 | 7,172 | 146,299 | Form | |
| 4 | Suzuki, John M | CEO & President | Direct | Sell | 8222025 | 70.00 | 3,000 | 210,000 | 3,002,720 | Form |
| 5 | Ohara, Ellen O | Direct | Sell | 8192025 | 64.11 | 300 | 19,233 | 137,195 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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