
Kraken Robotics Inc. (CVE:PNG - Free Report) - Investment analysts at Raymond James Financial dropped their Q4 2025 earnings estimates for shares of Kraken Robotics in a report released on Thursday, August 21st. Raymond James Financial analyst S. Li now anticipates that the company will earn $0.03 per share for the quarter, down from their prior forecast of $0.04. Raymond James Financial has a "Outperform" rating and a $4.00 price target on the stock. The consensus estimate for Kraken Robotics' current full-year earnings is $0.07 per share.
A number of other analysts also recently weighed in on the stock. Scotiabank raised shares of Kraken Robotics to a "strong-buy" rating in a research report on Thursday, August 14th. Canaccord Genuity Group downgraded shares of Kraken Robotics from a "strong-buy" rating to a "hold" rating and upped their target price for the stock from C$3.50 to C$4.00 in a research report on Thursday, July 24th. Finally, Desjardins increased their price objective on shares of Kraken Robotics from C$4.00 to C$5.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of C$3.70.
Check Out Our Latest Research Report on Kraken Robotics
Kraken Robotics Trading Up 0.6%
CVE PNG traded up C$0.02 during trading on Monday, hitting C$3.47. The company had a trading volume of 292,330 shares, compared to its average volume of 1,032,785. 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 has a one year low of C$1.38 and a one year high of C$3.93. The company has a market cap of C$943.40 million, a price-to-earnings ratio of 91.81 and a beta of 1.15. The company's fifty day moving average is C$3.39 and its 200-day moving average is C$2.76.
Insider Transactions at Kraken Robotics
In other news, Senior Officer Gregory Michael Reid sold 261,600 shares of the stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of C$2.88, for a total value of C$753,408.00. Corporate insiders own 10.13% of the company's stock.
About Kraken Robotics
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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.
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