Kopin Corporation Draws Interest Amid Governance Changes and Bullish Outlook
The company increases authorized shares at the annual meeting amid the CFO's retirement and a reiterated Buy rating for the stock.
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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Low Risk Dividend Paying Stocks for June 2025 and
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CNBC
11 minutes ago
- CNBC
Trump arrives in Scotland for golf and bilateral talks as EU trade deal nears
U.S. President Donald Trump, dogged by questions about his ties to disgraced financier and sex offender Jeffrey Epstein, arrived in Scotland on Friday for some golf and bilateral talks that could yield a trade deal with the European Union. Trump told reporters upon his arrival that he will visit his two golf properties in Scotland and meet with British Prime Minister Keir Starmer and European Commission President Ursula von der Leyen, whom he called a "highly respected woman." As hundreds of onlookers cheered his arrival, Trump reiterated his earlier comment about a 50-50 chance of securing a deal with the EU, adding that it would be his administration's largest trade agreement thus far, if it came together. However, he said there were still "sticking points" with Brussels on "maybe 20 different things." Trump said his meeting with Starmer would be more of a celebration of the trade deal already reached than continued work on it, adding, "It's a great deal for both." Before he left Washington, Trump stated that his administration was working diligently on a potential trade deal with the EU, and Brussels was eager to finalize a deal. Von der Leyen said later she would meet Trump in Scotland on Sunday. EU diplomats say a deal could result in a 15% tariff on EU goods, mirroring a framework accord with Japan reached this week and half of the 30% Trump is threatening to impose by Aug. 1. Trump has sought to reorder the global economy after imposing a 10% tariff on nearly all trading partners in April and threatening sharply higher rates for many countries to kick in a week from now. Trump says the moves will reduce the U.S. trade deficit and generate additional revenue, but economists warn that the new trade policies could drive up inflation. Trump, facing the biggest domestic political crisis of his second term, expressed frustration about ongoing questions about his administration's handling of investigative files related to Epstein's criminal charges and his 2019 death in prison. "You make it a very big thing over something that's not a big thing," Trump told reporters in Scotland, urging them to focus on other prominent Americans with ties to Epstein, including former President Bill Clinton. "Talk about Clinton. Talk about the former president of Harvard. Talk about all of his friends. Talk about the hedge fund guys that were with him all the time. Don't talk about Trump," he said. "What you should be talking about is the fact that we have the greatest six months in the history of a presidency." The Epstein issue has caused a rare breach with some of Trump's most loyal Make America Great Again supporters, and majorities of Americans and Trump's Republicans say they believe the government is hiding details on the case, according to Reuters/Ipsos polling. White House officials are hoping the controversy dies down while Trump is abroad, two people familiar with the matter said. Trump will stay at his Turnberry property on Scotland's west coast this weekend, before traveling on Monday to a golf property in Aberdeen, where he will open a second 18-hole course named in honor of his mother, Mary Anne MacLeod. MacLeod was born and raised on a Scottish island before emigrating to the U.S. As he left the White House, Trump said he looked forward to meeting both Starmer and Scottish leader John Swinney, who had publicly backed Democratic candidate Kamala Harris in the 2024 U.S. presidential election. The trip provides Trump and Starmer with an opportunity to strengthen their already warm ties, with key issues on the agenda, including ending Russia's war in Ukraine, according to British and U.S. sources. The deteriorating situation in Gaza is also likely to come up. Starmer on Thursday said he would hold an emergency call with France and Germany over what he called the "unspeakable and indefensible" suffering and starvation being reported there, and called on Israel to allow aid to enter the Palestinian enclave. Gaza health authorities say more than 100 people have died from starvation, most in recent weeks. Human rights groups have said mass starvation is spreading even as tons of food and other supplies sit untouched just outside the territory. Since being elected last year, Starmer has prioritized good relations with Trump, stressing the importance of Britain's defense and security alliance with the U.S., while working to clinch the first tariff-reduction deal with the U.S. in May. The framework agreement reaffirmed quotas and tariff rates on British automobiles and eliminated tariffs on the UK's aerospace sector, but left steel tariffs in place. Starmer is expected to press for lower steel tariffs, but sources close to the matter said it was unclear if any breakthrough was possible during Trump's visit. Trump has described Scotland as a "very special place" and made a similar trip there in 2016 during his earlier presidential run, but he will not necessarily receive a warm welcome. About 70% of Scots hold an unfavorable opinion of Trump, while 18% have a favorable opinion, according to an Ipsos poll conducted in March. Scottish police are gearing up for protests on Saturday in both Aberdeen and Edinburgh, the country's capital. Trump will return to Britain from Sept. 17-19 for a state visit hosted by King Charles. It will make Trump the first world leader in modern times to undertake two state visits to the United Kingdom. The late Queen Elizabeth hosted him at Buckingham Palace for a three-day state visit in June 2019.
Los Angeles Times
40 minutes ago
- Los Angeles Times
Trump's trip to Scotland as his new golf course opens blurs politics and the family's business
EDINBURGH, Scotland — Lashed by cold winds and overlooking choppy, steel-gray North Sea waters, the breathtaking sand dunes of Scotland's northeastern coast rank among President Trump's favorite spots on Earth. 'At some point, maybe in my very old age, I'll go there and do the most beautiful thing you've ever seen,' Trump said in 2023, during his New York civil fraud trial, talking about his plans for future developments on his property in Balmedie, Aberdeenshire. At 79 and back in the White House, Trump is making at least part of that pledge a reality, landing in Scotland on Friday as his family's business prepares for the Aug. 13 opening of a golf course bearing his name. Trump will be in Scotland until Tuesday, and he plans to talk trade with British Prime Minister Keir Starmer and European Commission President Ursula von der Leyen. The Aberdeen area is already home to another of his courses, Trump International Scotland, and the Republican president is also visiting a Trump course near Turnberry, about 200 miles away on Scotland's southwest coast. Trump said upon arrival Friday evening that his son is 'gonna cut a ribbon' for the new course during his trip. Eric Trump also went with his father to break ground on the project back in 2023. Using a presidential overseas trip — with its sprawling entourage of advisors, White House and support staffers, Secret Service agents and reporters — to help show off Trump-brand golf destinations demonstrates how the president has become increasingly comfortable intermingling his governing pursuits with promoting his family's business interests. The White House has brushed off questions about potential conflicts of interest, arguing that Trump's business success before he entered politics was a key to his appeal to voters. White House spokesperson Taylor Rogers called the Scotland swing a 'working trip.' She added that Trump 'has built the best and most beautiful world-class golf courses anywhere in the world, which is why they continue to be used for prestigious tournaments and by the most elite players in the sport.' Trump went to Scotland to play his Turnberry course during his first term in 2018 while en route to a meeting in Finland with Russian President Vladimir Putin. But this trip comes as the new golf course is already actively selling tee times. 'We're at a point where the Trump administration is so intertwined with the Trump business that he doesn't seem to see much of a difference,' said Jordan Libowitz, vice president for the ethics watchdog organization Citizens for Responsibility and Ethics in Washington, known as CREW. 'It's as if the White House were almost an arm of the Trump Organization.' During his first term, the Trump Organization signed an ethics pact barring deals with foreign companies. An ethics framework for Trump's second term allows them. Trump's assets are in a trust run by his children, who are handling day-to-day operations of the Trump Organization while he's in the White House. The company has inked many recent lucrative foreign agreements involving golf courses, including plans to build luxury developments in Qatar and Vietnam, even as the Trump administration negotiates tariff rates for those countries and others. Trump's existing Aberdeenshire course has a history nearly as rocky as the area's cliffs. It has struggled to turn a profit and was found by Scottish conservation authorities to have partially destroyed nearby sand dunes. Trump's company also was ordered to cover the Scottish government's legal costs after the course unsuccessfully sued over the construction of a nearby wind farm, arguing in part that it hurt golfers' views. The development was part of the massive civil case, which accused Trump of inflating his wealth to secure loans and make business deals. Trump's company's initial plans for his first Aberdeen-area course called for a luxury hotel and nearby housing. His company received permission to build 500 houses, but Trump suggested he'd be allowed to build five times as many and borrowed against their values without actually building any homes, the lawsuit alleged. Judge Arthur Engoron found Trump liable last year and ordered his company to pay $355 million in fines — a judgment that has grown with interest to more than $510 million as Trump appeals. Weissert writes for the Associated Press. AP writer Chris Megerian in Washington contributed to this report.
Newsweek
41 minutes ago
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Three Weeks That Shook the Trump Presidency
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. It was Fourth of July weekend, and President Donald Trump was on top of the world. Aides privately described it as the best stretch of his presidency—possibly across both terms. He had notched a run of victories that showcased how rapidly and ruthlessly his administration was reshaping American policy and culture. The Supreme Court delivered a decision limiting nationwide injunctions by federal judges—one that Trump called "a monumental victory," unlocking long-dormant campaign pledges like ending birthright citizenship. At the same time, Congress passed his self-branded "big, beautiful" bill—extending 2017 tax cuts, boosting border security funding and slashing programs like Medicaid and SNAP. 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Tucker Carlson labeled the DOJ findings "an insult to everyone who believed in this movement." Steve Bannon put it bluntly, "How does an anti–deep state administration put out something this whitewashed?" Even Trump himself appeared frustrated over how much oxygen the topic had been sucking up, suggesting that while he and his allies used Epstein to great effect as a wedge issue during the campaign, he is less enamored with spending time on litigating the disgraced financier's past — and their past friendship— now that he's president. "MAGA really wouldn't exist without conspiracy theories," said Eric Alterman, journalism professor at Brooklyn College. "These theories don't require evidence. They're about stories people tell themselves to explain why things feel like they're going wrong in their lives." That expectation of dramatic revelations has become a defining feature of MAGA-era politics. From alleged UFO cover-ups to Epstein's supposed "client list," Trump loyalists, including sometimes Trump himself, have long stoked the belief that sinister truths would soon be exposed — just as soon as their leader was back in power. When the government declared the mystery solved, the base erupted. The Federal Bureau of Investigation (FBI) Deputy Director Dan Bongino leaves after meeting with Republican lawmakers to discuss U.S. President Donald Trump's "Big, Beautiful Bill" at the U.S. Capitol on June 25, 2025 in Washington,... The Federal Bureau of Investigation (FBI) Deputy Director Dan Bongino leaves after meeting with Republican lawmakers to discuss U.S. President Donald Trump's "Big, Beautiful Bill" at the U.S. Capitol on June 25, 2025 in Washington, DC. More Getty Images/AFP Trump Begs, MAGA Burns As the month progressed and outrage escalated, Trump loyalists began turning on each other. On July 9, Deputy FBI Director Dan Bongino—long a leading promoter of Epstein conspiracies in his former job as media personality—confronted Bondi in a closed-door White House meeting. Furious that the DOJ memo appeared to shut down any further disclosure, Bongino reportedly threatened to resign. "Bongino is out-of-control furious," one senior official told NBC. "This destroyed his credibility. He's threatening to quit and torch Pam unless she's fired." Trump's Truth Social post on July 12, imploring his supporters not to attack Bondi, backfired immediately. "What's going on with my 'boys' and, in some cases, 'gals'?" he asked, apparently referring to the MAGA-aligned podcasters and influencers with whom he was rapidly losing favor. He defended Bondi and downplayed Epstein as "somebody that nobody cares about." It became the first Trump post ever "ratioed" on his own platform. In Congress, Speaker Mike Johnson abruptly canceled House business, sending lawmakers home for summer early rather than face a vote on Epstein documents. When pressed, he called for "full transparency" and urged Bondi to explain the department's decisions. By mid-July, fractures were visible in public opinion polling. Quinnipiac found that 63 percent of voters disapproved of Trump's Epstein response. Even among Republicans, just 40 percent approved. His support among young men—the backbone of his 2024 online comeback—collapsed. A CBS/YouGov poll showed Trump's net approval among voters aged 18 to 29 dropped from 55 percent in February to 28 percent by July, a remarkable 27-point swing in a matter of months. Joe Rogan, Andrew Schulz, and Tim Dillon — three prominent voices from the manosphere — have begun openly criticizing Donald Trump on their respective podcasts, signaling a shift in the online culture that once helped... Joe Rogan, Andrew Schulz, and Tim Dillon — three prominent voices from the manosphere — have begun openly criticizing Donald Trump on their respective podcasts, signaling a shift in the online culture that once helped power his appeal. More YouTube / X "They voted for him because he met them where they were," said Rachel Janfaza, a researcher who studies Gen Z behavior. "But the message has to match the messenger. They're not seeing results—rent is still unaffordable, jobs are scarce, and their degrees feel obsolete the moment they graduate." Thom Hartmann, left-leaning political commentator and host of The Thom Hartmann Program, said the emotional toll of disappointment was starting to show. "Many Trump supporters have spent years emotionally and socially invested in his mythos... Admitting betrayal or deception requires admitting they were wrong, which comes with deep psychological costs. This accounts for the anguish and conflict we're seeing among the Trump base." On social media, longtime loyalists posted videos of themselves burning red MAGA hats. Others shared screenshots of Epstein files stamped "PHASE 1" and captioned them "where's phase 2?" Why was that stupid binder referred to as 'Phase 1' of Epstein document releases if DOJ believed there to be no client list and no additional information about Epstein's activities? Where is Phase 2? The whole thing is so stupid and ham-fisted. Tell us which intel agencies he… — Sean Davis (@seanmdav) July 8, 2025 Hartmann said the outcome depends on whether more revelations surface: "Original videotapes or photos that are clearly not doctored, first-person testimony by Ghislaine Maxwell, or more former teenage victims going on the record could spell doom for his relationship with his base." But so far, no second wave of documents has arrived. And the blowback continues to metastasize. A clearly rattled White House communications office even issued an on-the-record response to a "South Park" episode skewering the president, keeping it in the news. Anything, it seemed, to take the focus off Epstein. As Trump scrambled to shift the spotlight elsewhere—accusing former President Barack Obama of a capital crime, releasing files on unrelated, long-ago assassinations, demanding the Washington Commanders go back to their old name, and even sending Cabinet officials to kick the tires on Alcatraz's ability to house criminals again—he found that none of the tactics that once insulated him from political fallout could contain the fury this time.
