Kopin Corporation Draws Interest Amid Governance Changes and Bullish Outlook

Kopin Corporation (NASDAQ:KOPN) is one of the 10 best high risk penny stocks to invest in.

The company increases authorized shares at the annual meeting amid the CFO’s retirement and a reiterated Buy rating for the stock.

Kopin Corporation Draws Interest Amid Governance Changes and Bullish Outlook

A team of engineers analyzing electronic components in a modern laboratory.

Based in Massachusetts, Kopin Corporation (NASDAQ:KOPN) designs and manufactures high-performance microdisplays and optical systems. The company’s client base comprises defense, enterprise, industrial, medical, and consumer applications sectors. Its product lineup includes AMLCD, LCOS, MicroLED, OLED microdisplays, along with complete headset modules and ASIC-driven vision systems.

On May 29, 2025, the company announced the retirement of Chief Financial Officer, Rich Sneider. However, as no replacement for the role has been found yet, the company also stated that Sneider will hold on to the position till then. Following the retirement announcement, Lake Street maintained a Buy rating on the stock on June 10, 2025. The price target has been set at $2.50.

Additionally, on June 26, 2025, in the Annual Meeting of Shareholders, the company gained the approval of the shareholders to increase the number of authorized shares of the Kopin Corporation (NASDAQ:KOPN)’s common stock from 200 million to 275 million, potentially bringing a change to its operational capacity and governance structure.

While the low price of $1.53 brings attractiveness to the penny stock, the notably high beta of 2.85 is alarming and must be considered before engaging in the stock purchase.

While we acknowledge the potential of KOPN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KR and that has 100x upside potential, check out our report about this cheapest AI stock.

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