Northland Securities Expects Stronger Earnings for Kodiak AI

Key Points

• Northland raised its Q4 2026 EPS forecast to a loss of $0.25 per share from a projected loss of $0.27. It forecasts losses of $0.95 per share for FY2027 and $0.63 for FY2028.
• Kodiak AI reported quarterly EPS of $0.09, beating analysts’ consensus estimate of a $0.25 loss; revenue was $2.97 million.
• Analysts’ consensus rating is Moderate Buy, with a $9.19 average price target. Shares opened at $1.21, well below their 52-week high of $11.35.

Kodiak AI, Inc. (NASDAQ:KDK - Free Report) - Stock analysts at Northland Securities increased their Q4 2026 EPS estimates for Kodiak AI in a note issued to investors on Friday, November 6th. Northland Securities analyst M. Latimore now forecasts that the company will post earnings per share of ($0.25) for the quarter, up from their previous estimate of ($0.27). The consensus estimate for Kodiak AI's current full-year earnings is ($0.93) per share. Northland Securities also issued estimates for Kodiak AI's Q1 2027 earnings at ($0.24) EPS, Q2 2027 earnings at ($0.24) EPS, FY2027 earnings at ($0.95) EPS and FY2028 earnings at ($0.63) EPS.

Other equities analysts have also recently issued research reports about the company. Citigroup reaffirmed a "buy" rating on shares of Kodiak AI in a report on Wednesday, August 19th. Wall Street Zen raised Kodiak AI from a "strong sell" rating to a "sell" rating in a report on Saturday. Zacks Research upgraded Kodiak AI from a "strong sell" rating to a "hold" rating in a research report on Wednesday, October 14th. Morgan Stanley began coverage on Kodiak AI in a research report on Friday, September 11th. They issued an "equal weight" rating and a $9.00 price objective for the company. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Kodiak AI in a research note on Monday, September 28th. Seven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $9.19.

Kodiak AI Stock Performance

NASDAQ:KDK opened at $1.21 on Wednesday. Kodiak AI has a 52 week low of $0.95 and a 52 week high of $11.35. The stock's 50-day moving average price is $2.17 and its 200-day moving average price is $5.70.

Kodiak AI (NASDAQ:KDK - Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of ($0.25) by $0.34. The firm had revenue of $2.97 million during the quarter.

Institutional Investors Weigh In On Kodiak AI

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Alyeska Investment Group L.P. acquired a new stake in shares of Kodiak AI in the second quarter valued at about $19,538,000. Sumitomo Mitsui Trust Group Inc. boosted its position in Kodiak AI by 112.5% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,677,951 shares of the company's stock worth $11,645,000 after acquiring an additional 888,480 shares during the last quarter. Amova Asset Management Americas Inc. grew its stake in Kodiak AI by 112.5% during the 1st quarter. Amova Asset Management Americas Inc. now owns 1,677,951 shares of the company's stock valued at $11,628,000 after acquiring an additional 888,480 shares in the last quarter. BlackRock Inc. purchased a new stake in Kodiak AI during the 2nd quarter valued at about $9,073,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Kodiak AI in the 2nd quarter valued at about $1,276,000. Institutional investors and hedge funds own 72.95% of the company's stock.

Kodiak AI Company Profile

Kodiak AI develops autonomous-driving technology for commercial vehicles, with a focus on long-haul trucking. Its Kodiak Driver system combines software, sensors and other vehicle hardware to help trucks navigate roads and perform driving tasks without a human driver continuously controlling the vehicle. The company integrates its technology into trucks and offers autonomous trucking solutions for freight transportation. It has also pursued applications in the defense sector, adapting its autonomous-driving capabilities for military vehicles and operations.

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