FY2026 EPS Forecast for Kraken Robotics Decreased by Analyst

Kraken Robotics Inc. (CVE:PNG - Free Report) - Analysts at Raymond James reduced their FY2026 earnings estimates for Kraken Robotics in a research note issued to investors on Monday, April 28th. Raymond James analyst S. Li now forecasts that the company will post earnings of $0.11 per share for the year, down from their previous estimate of $0.13. Raymond James currently has a "Moderate Buy" rating on the stock. The consensus estimate for Kraken Robotics' current full-year earnings is $0.07 per share.

A number of other equities analysts have also issued reports on the stock. Desjardins raised their price target on shares of Kraken Robotics from C$3.60 to C$4.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. National Bankshares set a C$3.00 target price on Kraken Robotics and gave the stock an "outperform" rating in a report on Thursday, April 24th. Finally, National Bank Financial raised shares of Kraken Robotics to a "strong-buy" rating in a research note on Wednesday, April 23rd.

Kraken Robotics Stock Down 1.3 %

CVE PNG traded down C$0.03 on Thursday, hitting C$2.35. The stock had a trading volume of 255,112 shares, compared to its average volume of 863,833. The company has a debt-to-equity ratio of 34.32, a current ratio of 2.78 and a quick ratio of 0.64. The stock has a market cap of C$638.90 million, a price-to-earnings ratio of 62.18 and a beta of 1.15. The business's fifty day moving average price is C$2.34 and its 200 day moving average price is C$2.41. Kraken Robotics has a 52-week low of C$0.92 and a 52-week high of C$3.01.

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.