KULR

KULR's stock price experienced a significant decline of 50.62% from $4.80 to $2.37 between September 2025 and September 2026, trading between a low of $1.94 and a high of $6.00 over the past year. Recent financial results for Q2 2026 showed a loss of $0.47 per share, a decrease from a $0.22 profit in Q2 2025, with revenue decreasing by 43% to $2.08 million. A net loss of $21.97 million was primarily driven by a $10.59 million non-cash change in fair value loss related to Bitcoin holdings, leading KULR to exit Bitcoin mining, repay a Coinbase loan, and reduce Bitcoin holdings to mitigate balance-sheet volatility. In September 2026, consensus revenue estimates for fiscal year 2026 were significantly lowered by 69% to US$10.9 million, and forecast losses increased, with analysts lowering KULR's price target from $8 to $7. A new major risk identified in August 2026 highlighted declining revenue and earnings growth, with earnings per share falling by 29% annually over the past five years. KULR extended the pause of its at-the-market (ATM) equity offering program through September 30, 2026, as part of a non-dilutive growth strategy.