KULR official logo KULR
KULR 3-star rating from Upturn Advisory
KULR Technology Group Inc (KULR) company logo

KULR Technology Group Inc (KULR)

KULR Technology Group Inc (KULR) 3-star rating from Upturn Advisory
$2.81
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Loss)
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

11/26/2025: KULR (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 3 star rating for performance

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

1 star rating from financial analysts

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $11

1 Year Target Price $11

Analysts Price Target For last 52 week
$11 Target price
52w Low $2.15
Current$2.81
52w High $43.92

Analysis of Past Performance

Type Stock
Historic Profit 451.67%
Avg. Invested days 34
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/26/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 128.37M USD
Price to earnings Ratio -
1Y Target Price 11
Price to earnings Ratio -
1Y Target Price 11
Volume (30-day avg) 2
Beta 2.01
52 Weeks Range 2.15 - 43.92
Updated Date 11/27/2025
52 Weeks Range 2.15 - 43.92
Updated Date 11/27/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.59

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-11-19
When -
Estimate -0.08
Actual -0.179

Profitability

Profit Margin -133.47%
Operating Margin (TTM) -153.54%

Management Effectiveness

Return on Assets (TTM) -23.49%
Return on Equity (TTM) -29.07%

Valuation

Trailing PE -
Forward PE 128.21
Enterprise Value 113149687
Price to Sales(TTM) 7.7
Enterprise Value 113149687
Price to Sales(TTM) 7.7
Enterprise Value to Revenue 6.78
Enterprise Value to EBITDA -6.35
Shares Outstanding 45682027
Shares Floating 42865870
Shares Outstanding 45682027
Shares Floating 42865870
Percent Insiders 6.39
Percent Institutions 18.86

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

KULR Technology Group Inc

KULR Technology Group Inc(KULR) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

KULR Technology Group Inc. was founded in 2013. It focuses on developing and commercializing thermal management technologies for batteries and other electronic systems. Initially focused on space applications, it has expanded into other markets, including electric vehicles, energy storage, and defense.

Company business area logo Core Business Areas

  • Battery Safety & Thermal Management Solutions: Provides thermal management solutions for batteries, preventing thermal runaway and improving safety and performance.
  • Space & Defense: Offers thermal management solutions for aerospace and defense applications, including heat sinks and other cooling technologies.
  • Energy Storage: Focuses on thermal management solutions for energy storage systems, improving efficiency and safety.
  • Electric Vehicles (EV): Develops thermal solutions tailored for EV battery packs, ensuring efficient heat dissipation and battery longevity.

leadership logo Leadership and Structure

Michael Mo is the CEO of KULR. The company operates with a functional structure, organizing teams around core business functions such as engineering, sales, and marketing.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • KULR-Tech CellCool: A passive propagation resistant (PPR) solution to prevent or mitigate battery thermal runaway propagation for single cell failures. Market share is difficult to ascertain but is growing due to regulatory changes on battery safety. Competitors include manufacturers of battery management systems and traditional cooling systems like liquid cooling.
  • HYDRA TRS Battery Storage: A modular, high-capacity battery energy storage system using KULR's thermal management technologies. Market share is emerging, competing with larger energy storage companies such as Tesla (TSLA), Fluence (SI), and Enphase (ENPH). Revenue from the system is still developing.

Market Dynamics

industry overview logo Industry Overview

The thermal management market is growing, driven by increasing demand for high-performance batteries and electronics in EVs, energy storage, and other applications. Safety regulations are also driving demand for thermal runaway solutions.

Positioning

KULR positions itself as a provider of advanced thermal management solutions with a focus on safety and performance. Their competitive advantage lies in their unique carbon fiber technology and its applications in extreme environments.

Total Addressable Market (TAM)

The global thermal management market is projected to reach hundreds of billions of dollars. KULR, though small, is strategically positioned to address the rising demand for advanced thermal solutions, especially within growing sectors such as EVs and energy storage, thus presenting a huge market to capitalize on.

Upturn SWOT Analysis

Strengths

  • Proprietary thermal management technology
  • Expertise in extreme environment applications
  • Strong partnerships with industry leaders
  • Innovative solutions for battery safety
  • Relatively large patent portfolio

Weaknesses

  • Small market capitalization
  • Limited financial resources
  • Dependence on key partnerships
  • Limited brand recognition
  • High reliance on a small customer base

Opportunities

  • Growing demand for battery safety solutions
  • Expansion into new markets (e.g., data centers)
  • Increasing regulatory scrutiny of battery safety
  • Partnerships with major EV manufacturers
  • Government incentives for clean energy technologies

Threats

  • Competition from larger, established players
  • Fluctuations in raw material prices
  • Technological obsolescence
  • Economic downturns impacting key markets
  • Supply chain disruptions

Competitors and Market Share

Key competitor logo Key Competitors

  • TE Connectivity (TEL)
  • Aavid Thermalloy (Private)
  • Boyd Corporation (Private)

Competitive Landscape

KULR competes with larger, established players but differentiates itself with its proprietary carbon fiber technology and focus on specialized applications. Its advantages include innovation and agility, while its disadvantages include limited resources and brand recognition.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is marked by rapid revenue expansion from a small base, driven by key partnerships and product launches.

Future Projections: Future growth is projected to be strong, driven by increasing demand for battery safety and thermal management solutions. Analyst estimates vary but generally forecast significant revenue growth.

Recent Initiatives: Recent initiatives include expanding product offerings, securing new partnerships, and pursuing strategic acquisitions.

Summary

KULR Technology Group is a small company with innovative thermal management solutions, particularly focused on battery safety. While revenue is growing and strategic partnerships are being formed, the company faces challenges related to profitability and competition from larger players. Strong regulatory tailwinds regarding battery safety and strategic focus on high-growth markets are promising. Consistent financial performance and establishing a larger market share remain key to long-term success.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Company Website
  • Industry Reports
  • Analyst Estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market share data is estimated and may not be precise. Financial data is subject to change and should be verified with official company filings.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About KULR Technology Group Inc

Exchange NYSE MKT
Headquaters Webster, TX, United States
IPO Launch date 2018-07-18
Co-Founder, Chairman & CEO Mr. Michael Mo
Sector Technology
Industry Electronic Components
Full time employees 52
Full time employees 52

KULR Technology Group, Inc., through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; safeCASE; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes, as well as AI-powered robotic exoskeletons for U.S. Workforce. The company's technologies are used in electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices. It sells its products for applications, such as lithium-ion battery energy storage, electric vehicles, 5G communication, cloud computer infrastructure, consumer, and industrial devices. The company was formerly known as KT High-Tech Marketing Inc. and changed its name to KULR Technology Group, Inc. in August 2018. The company was founded in 2013 and is headquartered in Webster, Texas.