FY2025 EPS Estimates for Kraken Robotics Raised by Analyst

Key Points

• National Bank Financial has raised its FY2025 earnings estimate for Kraken Robotics to $0.04 per share, up from a previous estimate of $0.03.
• Other analysts have varied ratings and price targets, with the average consensus rating being a "Buy" and a target price of C$4.10.
• Kraken Robotics' shares saw a 1.4% decline, opening at C$4.18, despite positive outlooks from multiple analysts.

Kraken Robotics Inc. (CVE:PNG - Free Report) - Stock analysts at National Bank Financial increased their FY2025 earnings estimates for shares of Kraken Robotics in a research note issued on Wednesday, September 10th. National Bank Financial analyst J. Shao now expects that the company will post earnings of $0.04 per share for the year, up from their prior forecast of $0.03. The consensus estimate for Kraken Robotics' current full-year earnings is $0.07 per share. National Bank Financial also issued estimates for Kraken Robotics' FY2026 earnings at $0.08 EPS.

A number of other research analysts have also recently commented on the company. Scotiabank raised Kraken Robotics to a "strong-buy" rating in a research note on Thursday, August 14th. Raymond James Financial lifted their price target on Kraken Robotics from C$3.50 to C$4.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Canaccord Genuity Group lowered Kraken Robotics from a "strong-buy" rating to a "hold" rating and increased their price objective for the company from C$3.50 to C$4.00 in a research note on Thursday, July 24th. Desjardins lifted their target price on shares of Kraken Robotics from C$4.00 to C$5.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Finally, National Bankshares lifted their target price on shares of Kraken Robotics from C$4.00 to C$5.00 and gave the stock an "outperform" rating in a research note on Thursday, September 11th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, Kraken Robotics currently has a consensus rating of "Buy" and an average target price of C$4.10.

Kraken Robotics Price Performance

Shares of Kraken Robotics stock traded up C$0.33 during trading on Monday, hitting C$4.57. The stock had a trading volume of 1,310,074 shares, compared to its average volume of 1,038,024. The firm has a market cap of C$1.40 billion, a price-to-earnings ratio of 65.29 and a beta of 0.91. Kraken Robotics has a 12 month low of C$1.60 and a 12 month high of C$4.64. The business's 50-day moving average is C$3.65 and its 200 day moving average is C$2.92. The company has a current ratio of 2.78, a quick ratio of 0.64 and a debt-to-equity ratio of 34.32.

Kraken Robotics Company Profile

Kraken Robotics Inc, a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally.