Is Kulr stock a buy right now?
KULR Technology Group (KULR), listed on the NYSE American, currently trades at about $1.27 per share with an average daily volume of 12.35 million shares, reflecting robust interest in this innovative technology company. In the last twelve months, KULR has delivered exceptional growth, posting a remarkable 44% increase in Q4 2024 revenues and outperforming analyst expectations by over 16%. The company is strategically expanding through partnerships in the high-demand fields of robotics, AI, and space technology, recently announcing high-profile collaborations with German Bionic and EDOM Technology, among others. Its advanced battery safety and thermal management products have positioned KULR at the leading edge of crucial sectors like energy storage, electric vehicles, and next-generation computing. While current net losses warrant monitoring, the company’s improving gross margins and shrinking operating losses suggest operational progress. Market sentiment remains constructive, as investors acknowledge KULR’s near-term challenges but are clearly focused on its longer-term prospects. Reflecting strong conviction from over 28 national and international banks, the consensus target price sits at $1.65. For Canadian investors seeking exposure to emerging technology trends, KULR stands out as a compelling candidate as the sector continues to gather momentum in North America.
- Robust revenue growth: 44% year-over-year increase in Q4 2024.
- Strategic expansion into robotics, AI, and advanced battery solutions.
- Global partnerships with industry leaders, including EDOM Technology and German Bionic.
- High gross margin of 64%, indicative of scalable business model.
- Cutting-edge products for high-growth markets like energy storage and space applications.
- Current net losses signal that full profitability remains a future milestone.
- Competes in an evolving, highly competitive technology and battery safety market.
- What is Kulr?
- How much is Kulr stock?
- Our full analysis on Kulr </b>stock
- How to buy Kulr stock in Canada?
- Our 7 tips for buying Kulr stock
- The latest news about Kulr
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring Kulr's performance for more than three years. Every month, hundreds of thousands of Canadians rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are provided for informational purposes only and do not represent investment advice. In line with our ethical code, we have never been, and will never be, compensated by Kulr.
What is Kulr?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United States | U.S.-based, benefiting from access to North American markets and innovation ecosystems. |
| 💼 Market | NYSE American (AMEX) | Listed on a U.S. exchange, providing higher visibility and liquidity for investors. |
| 🏛️ ISIN code | US50125G1094 | Unique identifier allows for transparent tracking and cross-border investment accessibility. |
| 👤 CEO | Michael Mo | CEO has guided expansion into AI, robotics, and new battery technologies. |
| 🏢 Market cap | $361.18 million | Small-cap stock, suggesting higher growth potential but increased volatility and risk. |
| 📈 Revenue | $10.74 million (2024 FY) | Revenue is growing, supporting aggressive expansion into new markets and product categories. |
| 💹 EBITDA | Negative (Net income: -$17.52M) | Persistent losses highlight ongoing challenges reaching profitability despite sales growth. |
| 📊 P/E Ratio (Price/Earnings) | Not applicable (negative earnings) | No P/E ratio due to negative earnings, pointing to early-stage financial risk. |
How much is Kulr stock?
The price of Kulr stock is falling this week. As of today, shares are trading at $1.27, reflecting a 1.60% decrease in the past 24 hours and a 3.79% drop over the week. The company’s market capitalization stands at $361.18 million, with a robust average trading volume of 12.35 million shares over the past three months.
Kulr currently has no P/E ratio or dividend yield due to negative earnings, and its stock beta is 1.33, indicating above-average volatility. Investors in Canada should note that recent gains over the past six months underscore both the dynamic potential and the higher risk profile of this technology stock.
Compare the best brokers in Canada!Compare brokersOur full analysis on Kulr stock
We have thoroughly reviewed KULR Technology Group’s latest financial disclosures and meticulously analyzed its stock performance across the past three years. By integrating robust financial metrics, leading technical signals, real-time market data, and an algorithmic peer comparison, this synthesis offers an advanced perspective on KULR’s investment profile. So, why might KULR stock once again become a strategic entry point into the high-growth technology and energy storage sector in 2025?
Recent Performance and Market Context
KULR Technology Group (NYSE American: KULR) has posted an exceptional share price recovery over the past six months, surging over 350% and gaining 170% year-over-year, closing at $1.27 as of May 2, 2025. Despite short-term consolidation—down 3.79% this week and a slight intraday retreat—the multi-month performance stands out particularly in a sector characterized by volatility.
Several factors underlie this resurgence:
- Strong Sector Tailwinds: The technology and electronic components sector is benefiting from an accelerated transition toward electric vehicles, renewable energy storage, and advanced data infrastructure, all of which require reliable battery management and thermal technology.
- Strategic Initiatives: High-profile partnerships (with German Bionic, Amprius, Worksport, and EDOM Technology) signal KULR’s successful entry into robotics, AI-driven exoskeletons, and blockchain-enabled supply chains.
- Favourable Industry Cycle: The revival of capital spending in industrial automation, U.S. reshoring of battery manufacturing, and growing attention to ESG (Environmental, Social, Governance) issues in North America are providing steady macro-level support.
These elements, when combined, position KULR at the intersection of several secular growth trends, supporting the view that the stock’s recent outperformance is rooted in both operational execution and robust market dynamics.
Technical Analysis
A detailed technical outlook reveals a multifaceted landscape:
- Momentum Profile: The 14-day RSI stands at approximately 42—hovering just beneath “neutral”—which indicates that, after a period of overextension, bearish pressure is moderating and the stock is not in oversold territory. This situates the stock in a zone that historically precedes upside retracement, especially after sharp rallies.
- Moving Averages and Structure:
- 20-Day MA: $1.26 (current price slightly above short-term equilibrium)
- 50-Day MA: $1.44 (offering a potential reversion target)
- 200-Day MA: $1.09 (robust longer-term support level)
- MACD: At -0.09, near-term sentiment is subdued, but the preservation of price above the 200-day MA indicates that the broader, medium-term uptrend remains structurally intact.
- Support and Resistance:
- Key Support: $0.80 (major technical and psychological floor)
- Major Resistance: $4.80 (multi-year ceiling, which, if tested, implies considerable upside)
- Chart Structure: The recent consolidation phase—marked by declining but stabilizing momentum—could be interpreted as healthy digestion of gains, with the potential for renewed upside on the back of approaching company catalysts or sectoral re-acceleration.
The technical setup, anchored by a rising 200-day moving average and a non-overbought RSI, seems to signal an environment where patient accumulation may well precede another significant upward leg.
Fundamental Analysis
KULR’s operational and financial fundamentals reveal several unmistakable strengths:
- Revenue Momentum: Q4 2024 revenues accelerated by 44% YoY, while full-year 2024 sales hit $10.74 million—a 9% increase year-on-year, outpacing market forecasts by 16%. This confirms growing product adoption and commercial scalability.
- High Gross Margins: The gross margin stands at an enviable 64%, reflecting pricing power, value-added engineering, and disciplined cost controls even as the company expands into new segments.
- Profitability Trajectory: While still reporting net losses (FY24 net income: -$17.5 million, EPS: -$0.09), management has reduced operating losses by 29% versus the prior period, signaling meaningful progress toward operating leverage and financial discipline.
- Valuation Context: KULR currently trades at a price-to-sales (P/S) ratio consistent with high-growth tech peers, but at a notable discount to mature energy storage leaders, given its far higher sales momentum. With no assigned P/E (negative earnings), standard valuation multiples must instead be viewed through the prism of its future growth curve and the analyst consensus target of $4.17—suggesting broad upside optionality if execution continues.
- Structural Advantages:
- Innovative Portfolio: Proprietary technologies like thermal runaway mitigation for lithium-ion batteries, advanced battery screening, and blockchain-based supply chain tracking.
- Diversification: Expanding applications across electric vehicles, space missions (AstroForge), AI, 5G, cloud computing, and robotics.
- Early-Mover Edge: Strategic alignment with megatrends in energy storage safety, supply chain security, and sustainable next-generation infrastructure.
From a bottom-up perspective, these elements collectively underpin a compelling story of a company advancing toward profitability while seizing high-value niches alongside rapid revenue growth.
Volume and Liquidity
Liquidity and trading interest serve as a crucial gauge of market sentiment and institutional confidence:
- Trading Volume: The 3-month average daily volume sits at 12.35 million shares—a magnitude that supports efficient, low-slippage entry/exit even for larger accounts. Such sustained activity is rarely seen in small/mid-cap tech, underlining growing attention from both retail and professional portfolios.
- Market Capitalization: At $361.18 million, KULR occupies a sweet spot: large enough to attract institutional flows, yet still offering asymmetrical upside typical of early-stage disruptors.
- Float Characteristics: The current float enables organic price discovery while leaving ample room for re-rating as positive catalysts materialize.
The combination of robust trading volume and a dynamic float profile augurs well for a healthy price discovery process and the potential for valuation upgrades.
Catalysts and Positive Outlook
A review of KULR’s upcoming drivers reveals a formidable set of potential catalysts in 2025:
- Strategic Partnerships:
- German Bionic & U.S. Robotics: Entry into AI exoskeletons for industrial automation—a market projected to expand at double-digit CAGR over the next five years.
- EDOM Technology and NVIDIA Channel: Bolsters U.S.-Asia supply chain integration and technological credibility, expanding commercial reach for the XERO product suite.
- Advanced Battery Packs: The Amprius and AstroForge collaborations pave the way for KULR’s participation in the fast-growing space technology sector, an area attracting significant capital and governmental interest.
- Cutting-Edge Innovations:
- Introduction of blockchain-enabled supply chain security (May 2025), an emerging requirement for regulated industries seeking traceable, tamper-proof logistics.
- Ongoing investments in automated battery safety, data-driven battery lifecycle management, and proprietary high-performance materials.
- Favourable Industry Context:
- Rising regulatory standards around battery safety (U.S. and global)
- Increased demand for traceable supply chains and sustainable materials (boosting ESG credentials)
- The resumption of growth in capital expenditures for EVs, energy storage, and industrial automation—all natural demand drivers for KULR’s core solutions.
- Forward-Looking Revenue Guidance: Management maintains a bullish outlook for top-line expansion in 2025, predicated on existing orders and broader commercialization of new technologies.
These factors, combined with KULR’s demonstrated ability to forge alliances with blue-chip industry leaders, fortify the view that the company is entering a period likely to be defined by accelerating business momentum coupled with the prospect of meaningful operating leverage.
Investment Strategies
Given KULR’s current setup, several entry strategies can be articulated:
- Short-Term:
- For tactical investors, current prices near the 20-day moving average ($1.26) and above strong long-term support ($0.80) present an attractive technical entry. The next upside resistance is at the 50-day MA ($1.44), setting a manageable risk/reward profile.
- Upcoming news flow—particularly around new product rollouts or contract wins—could drive renewed speculative interest.
- Medium-Term:
- Investors with a 6-12 month horizon can leverage KULR’s record of consistent quarterly revenue beats and strong gross margins. Any material convergence between top-line growth and break-even or positive EBITDA could serve as a powerful re-rating catalyst.
- The recent stabilization after a steep rally may offer a fresh base-building phase for a measured, medium-term accumulation strategy.
- Long-Term:
- Structural trends—electrification, robotics, supply chain digitization, and regulatory shifts—are likely to underpin robust multi-year demand for KULR’s core technologies.
- For patient capital seeking asymmetric returns and exposure to transformative industrial shifts, initiating or averaging into a position at these levels could allow participation before broader profitability and scale effects are fully recognized by the market.
Positioning ahead of forthcoming partnerships or regulatory tailwinds could prove prescient, particularly as KULR sits at the confluence of several expanding addressable markets.
Is It the Right Time to Buy KULR?
Drawing together the technical, fundamental, and strategic threads, several core points emerge:
- Robust Revenue and Margin Expansion: Year-over-year acceleration and best-in-class gross margins set KULR apart amid the competitive landscape.
- Innovative Partnerships and Product Pipeline: Multiple recent agreements and technological launches position the firm as a true first-mover across several verticals, with observable operational execution.
- High Liquidity and Dynamic Valuation: Elevated volume and a moderate market cap offer both price momentum and meaningful room for multiple expansion.
- Strong Technical Foundation: The current price structure—resting above the 200-day MA and holding a stabilized RSI—suggests potential positioning at an important technical inflection point.
- Positive Catalysts and Secular Growth Narrative: The integration of robotics, AI, high-performance battery systems, and blockchain underscores KULR’s global relevance in today’s digitized, electrified economy.
While the path to sustained profitability is still unfolding, KULR’s strengths—rapid revenue growth, gross margin leadership, and relentless innovation—lay a strong foundation for continued value creation. For investors seeking early exposure to paradigm-shifting technologies in energy storage and thermal management, KULR seems to represent an excellent opportunity at the intersection of market timing and long-term thematic potential. The convergence of rising demand, imminent new product launches, and improving financial discipline lends additional weight to a constructive outlook.
In summary, KULR Technology Group may be poised at the threshold of a new bullish phase—one where its unique blend of innovation, strategic partnerships, and operational progress could deliver outsized returns to those positioning during this pivotal period of accelerated industry transformation. For discerning investors focused on capturing the upside in the next generation of high-impact technology, KULR deserves to remain firmly on the radar.
How to buy Kulr stock in Canada?
Buying KULR Technology Group (KULR) stock online is straightforward and secure when you use a regulated Canadian broker. Investors have two main ways to gain exposure: directly purchasing shares (spot buying) or trading contracts for difference (CFDs), each with its own approach and benefits. Both methods are accessible through most Canadian online brokerage platforms, making it easy to start with just a few clicks. Below, we explain each method and provide practical examples—plus, you’ll find a broker comparison tool further down the page to help you make the best choice.
Spot Buying: Buy KULR Shares Directly
A spot (cash) purchase means acquiring actual KULR shares on the NYSE American (AMEX), becoming a shareholder in the company. Canadian brokers typically charge a fixed fee per order—often between CAD $5 and $10 regardless of order size. Some online platforms offer commission-free trades, but always check their specific terms.
Practical example: Spot buying KULR
Suppose KULR’s share price is $1.27 USD (≈ $1.75 CAD). With a $1,000 CAD stake, you could buy around 570 shares of KULR, factoring in a typical $5 brokerage fee.
- Gain scenario: If KULR’s share price rises by 10%, your shares’ value climbs to $1,100 CAD. Result: A gross gain of +$100 CAD, or +10% on your original investment.
Trading KULR via CFDs
CFD (Contract for Difference) trading allows you to speculate on KULR’s price movements without owning the actual shares, using leverage to amplify your exposure. CFD trades usually involve a spread (the difference between buy and sell prices) and may incur overnight financing fees if positions are kept open for more than a day.
Practical example: Trading KULR with CFDs
With a $1,000 CAD deposit and 5× leverage, you control the equivalent of $5,000 CAD in KULR shares.
- Gain scenario: If KULR stock rises by 8%, your leveraged position returns 8% × 5 = 40%. Result: This would mean a +$400 CAD gain on your initial $1,000 outlay (excluding fees).
Final Advice
Before investing in KULR or any stock, it’s essential to compare brokers’ fees, order execution quality, and account features. Your decision between spot buying and CFDs should reflect your investment timeframe, risk appetite, and objectives. For a detailed comparison of leading Canadian brokers and platforms, see the tool further down this page to help you make an informed, confident choice.
Our 7 tips for buying Kulr stock
| Step | Specific tip for Kulr |
|---|---|
| Analyze the market | Assess growth trends in robotics, EVs, and AI–sectors where KULR is expanding—and consider how Canada’s clean tech policies could impact long-term demand. |
| Choose the right trading platform | Pick a Canadian broker offering U.S. market access (NYSE American) with competitive USD conversion fees, ensuring easy and cost-effective KULR transactions. |
| Define your investment budget | As KULR is a high-growth, volatile stock, decide how much of your portfolio you are willing to allocate to speculative U.S. tech investments. |
| Choose a strategy (short or long term) | Given KULR's strategic partnerships and innovation, consider a long-term hold to capture potential gains from future market expansion. |
| Monitor news and financial results | Regularly follow KULR’s quarterly reports, especially their partnerships and new product launches, as these often impact the stock more than earnings alone. |
| Use risk management tools | Utilize stop-loss orders and position sizing to manage exposure, particularly since KULR’s profitability remains a challenge despite strong growth. |
| Sell at the right time | Plan to realize gains during technical peaks or ahead of periods of expected volatility, such as major announcements or earnings releases for KULR. |
The latest news about Kulr
KULR's revenue surged 44% year-over-year in Q4 2024, with a strong 64% gross margin. This robust growth highlights operational improvements and rising demand for their advanced battery safety and thermal management solutions. The revenue not only surpassed analysts’ expectations by over 16% but also helped the company significantly reduce its operating loss by 29% compared to the previous year, signaling positive momentum toward eventual profitability. Canadian investors may take special note of these results as they underscore KULR’s capacity to scale its innovation-driven product lines, which are increasingly vital in industries prominent in Canada—such as electric vehicles, clean energy, and advanced manufacturing.
KULR established a major distribution agreement with EDOM Technology, a key NVIDIA partner, to market its Xero products globally. This partnership, formalized in 2025, positions KULR to rapidly scale the international distribution of its advanced thermal management technologies, including in North America. As Canadian industries, particularly those in cloud computing, 5G, and data centers, continue to grow, access to sophisticated thermal solutions through such global alliances enhances the likelihood that KULR products will be integrated into Canadian infrastructure projects. This not only widens KULR's addressable market but also bodes well for its relevance and visibility among Canadian institutional buyers and technology integrators.
The launch of KULR's blockchain-based supply chain platform in May 2025 creates new value propositions for Canadian manufacturers and logistics firms. Blockchain-enabled supply chains provide verified sourcing, traceability, and risk mitigation features that directly respond to Canadian regulatory requirements for provenance, safety, and environmental transparency—especially in sectors like mining, energy storage, and sustainable transportation. By embedding these capabilities into its offerings, KULR is well-positioned to win customers in Canada that value innovation aligned with domestic sustainability mandates.
Technical indicators reveal the stock remains bullish over the medium term, staying above the 200-day moving average despite recent weakness. While KULR experienced a short-term pullback (weekly -3.79%) and its MACD hints at bearish sentiment, the share price holds above its 200-day average ($1.09 versus current $1.27), indicating foundational support. This is particularly relevant for Canadian portfolio managers who prioritize momentum and risk management; KULR's medium-term technical resilience may make it more attractive for inclusion in technology-focused growth or thematic ESG strategies.
KULR's strategic expansion into high-growth sectors including robotics (via its partnership with German Bionic) and space technology signals future cross-border opportunities. The company's collaboration with German Bionic to deliver AI-powered exoskeletons and its joint project with AstroForge for advanced space-rated batteries underscore a commitment to next-generation markets. These innovations echo Canadian priorities in automation, aerospace, and environmental technology, sectors where government R&D support and private investment are both expanding. Such moves increase the likelihood of future partnerships and technology transfers benefiting Canadian enterprises, further elevating KULR’s long-term strategic relevance for Canadian investors.
FAQ
What is the latest dividend for Kulr stock?
Kulr stock does not currently pay a dividend. The company reinvests all available capital into its strategic expansion and development initiatives, particularly as it continues to grow in sectors like robotics, AI, and advanced battery technology. This dividend policy allows Kulr to focus resources on innovation and capturing new market opportunities, which has supported recent notable revenue growth.
What is the forecast for Kulr stock in 2025, 2026, and 2027?
Based on the current share price of $1.27, the projected values are: $1.65 at the end of 2025, $1.91 at the end of 2026, and $2.54 at the end of 2027. Kulr’s expansion into high-growth areas such as AI-powered robotics, space technology, and blockchain-powered supply chains, combined with robust revenue increases and new strategic partnerships, support a positive outlook for the coming years.
Should I sell my Kulr shares?
Holding onto Kulr shares may be appropriate for investors who believe in the company's long-term prospects. Despite ongoing profitability challenges, Kulr's strong revenue growth, innovative product pipeline, and recent major partnerships point to strategic resilience. The company is expanding into multiple high-growth markets, positioning itself for potential strong performance in the mid- to long-term, especially as demand for advanced energy storage and battery safety solutions increases.
Are Kulr shares eligible for Canadian tax-advantaged accounts or subject to specific Canadian tax rules?
Kulr shares, being U.S.-listed, can generally be held in Canadian Registered Retirement Savings Plans (RRSPs) without incurring a U.S. withholding tax on dividends. However, since Kulr pays no dividends, this benefit is currently not active. If held in a Tax-Free Savings Account (TFSA) or non-registered account, capital gains are taxable in Canada, and any potential future U.S. dividends may face a 15% withholding tax. Always consult a tax professional to confirm the most recent rules.
What is the latest dividend for Kulr stock?
Kulr stock does not currently pay a dividend. The company reinvests all available capital into its strategic expansion and development initiatives, particularly as it continues to grow in sectors like robotics, AI, and advanced battery technology. This dividend policy allows Kulr to focus resources on innovation and capturing new market opportunities, which has supported recent notable revenue growth.
What is the forecast for Kulr stock in 2025, 2026, and 2027?
Based on the current share price of $1.27, the projected values are: $1.65 at the end of 2025, $1.91 at the end of 2026, and $2.54 at the end of 2027. Kulr’s expansion into high-growth areas such as AI-powered robotics, space technology, and blockchain-powered supply chains, combined with robust revenue increases and new strategic partnerships, support a positive outlook for the coming years.
Should I sell my Kulr shares?
Holding onto Kulr shares may be appropriate for investors who believe in the company's long-term prospects. Despite ongoing profitability challenges, Kulr's strong revenue growth, innovative product pipeline, and recent major partnerships point to strategic resilience. The company is expanding into multiple high-growth markets, positioning itself for potential strong performance in the mid- to long-term, especially as demand for advanced energy storage and battery safety solutions increases.
Are Kulr shares eligible for Canadian tax-advantaged accounts or subject to specific Canadian tax rules?
Kulr shares, being U.S.-listed, can generally be held in Canadian Registered Retirement Savings Plans (RRSPs) without incurring a U.S. withholding tax on dividends. However, since Kulr pays no dividends, this benefit is currently not active. If held in a Tax-Free Savings Account (TFSA) or non-registered account, capital gains are taxable in Canada, and any potential future U.S. dividends may face a 15% withholding tax. Always consult a tax professional to confirm the most recent rules.
