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All the trading advice you’ve ever received boils down to this (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
Chicago and other northern US cities scramble to house migrants with coldest weather just ahead
How major US stock indexes fared Friday, 12/1/2023
All the trading advice you’ve ever received boils down to this (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
Chicago and other northern US cities scramble to house migrants with coldest weather just ahead
How major US stock indexes fared Friday, 12/1/2023
All the trading advice you’ve ever received boils down to this (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
Chicago and other northern US cities scramble to house migrants with coldest weather just ahead
How major US stock indexes fared Friday, 12/1/2023
All the trading advice you’ve ever received boils down to this (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate

Kraken Robotics Stock Price, News & Analysis (CVE:PNG)

C$0.64
-0.01 (-1.54%)
(As of 12/1/2023 05:23 PM ET)
Compare
Today's Range
C$0.63
▼
C$0.64
50-Day Range
C$0.40
▼
C$0.65
52-Week Range
C$0.35
▼
C$0.67
Volume
71,012 shs
Average Volume
198,864 shs
Market Capitalization
C$131.91 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$1.13
Stock AnalysisAnalyst ForecastsChartEarningsHeadlinesInsider Trades

Kraken Robotics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
75.8% Upside
C$1.13 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.03mentions of Kraken Robotics in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.66 out of 5 stars

See Top Rated MarketRank™ Stocks Here

PNG stock logo

About Kraken Robotics Stock (CVE:PNG)

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. It operates in two segments, Sensors and Platforms, and Power. The company offers AquaPix Miniature interferometric synthetic aperture sonar (MINSAS), a configurable MINSAS; and SeaVision, an underwater laser imaging system. It also provides Kraken Active Towed Fish (KATFISH), a towed underwater vehicle for high speed and high resolution seabed mapping; ThunderFish, an autonomous underwater vehicle; and ALARS, an autonomous launch and recovery system that enable an unmanned vehicle and its payloads to be brought aboard to a host ship. In addition, the company designs and manufactures pressure tolerant thrusters, drives, batteries, battery management systems, and electronics; and robotics as a service. It has operations in Canada, the United States, Europe, and internationally. The company was formerly known as Kraken Sonar Inc. and changed its name to Kraken Robotics Inc. in September 2017. Kraken Robotics Inc. is headquartered in Mount Pearl, Canada.

PNG Stock Price History

PNG Stock News Headlines

December 1, 2023 | americanbankingnews.com
FY2024 Earnings Forecast for Kraken Robotics Inc. Issued By Cormark (CVE:PNG)
December 1, 2023 | americanbankingnews.com
Cormark Increases Kraken Robotics (CVE:PNG) Price Target to C$1.25
December 2, 2023 | DTI Trader (Ad)
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All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
November 29, 2023 | finance.yahoo.com
Kraken Awarded $3 Million Seabed Survey Contract
November 29, 2023 | americanbankingnews.com
Kraken Robotics (CVE:PNG) Given New C$1.00 Price Target at Canaccord Genuity Group
November 27, 2023 | baystreet.ca
Kraken at 52-Week High on Q3 News
November 20, 2023 | finance.yahoo.com
Kraken Announces Changes to Board of Directors
November 6, 2023 | finance.yahoo.com
Kraken Delivers Mine Hunting Solution to Australian Navy
December 2, 2023 | DTI Trader (Ad)
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
October 20, 2023 | msn.com
Kraken Robotics receives $3M contract
October 19, 2023 | markets.businessinsider.com
Kraken Robotics Announces $3 Million Boulder Detection Survey Contract for Offshore Wind Farm Project in Europe
October 5, 2023 | msn.com
Kraken Robotics (KRKNF) Price Target Increased by 10.27% to 0.86
October 3, 2023 | finanznachrichten.de
Kraken Robotics Inc.: Kraken Robotics Supports Multiple Countries at NATO Exercise
October 3, 2023 | markets.businessinsider.com
Kraken Robotics Supports Multiple Countries at NATO Exercise
September 26, 2023 | finance.yahoo.com
Kraken Robotics Announces Management Update
September 23, 2023 | finance.yahoo.com
Kraken Robotics Inc (2KQ.BE)
September 21, 2023 | finance.yahoo.com
Kraken Announces Change of Auditor to EY
September 5, 2023 | finance.yahoo.com
Kraken Robotics Presenting at the Planet MicroCap Showcase: VANCOUVER 2023
August 1, 2023 | finance.yahoo.com
We Like These Underlying Return On Capital Trends At Kraken Robotics (CVE:PNG)
June 2, 2023 | finanznachrichten.de
Kraken Robotics Inc.: Kraken Robotics Announces $9.5 Million Contract with the Navy of a Large Asia Pacific Country
May 31, 2023 | finance.yahoo.com
Kraken Robotics Announces $9.5 Million Contract with the Navy of a Large Asia Pacific Country
May 30, 2023 | finance.yahoo.com
Kraken Robotics Reports Q1 2023 Financial Results with 38% Year-over-Year Revenue Growth
May 30, 2023 | finanznachrichten.de
Kraken Robotics Inc.: Kraken Robotics Reports Q1 2023 Financial Results with 38% Year-over-Year Revenue Growth
May 15, 2023 | finance.yahoo.com
Kraken Receives $1.1 Million of Synthetic Aperture Sonar Orders
May 11, 2023 | marketwatch.com
Kraken Robotics to Present at Houlihan Lokey's Global Industrials Conference in New York City
May 11, 2023 | msn.com
Cutting-edge Robotics: 3 Canadian Companies You Can’t Ignore
May 10, 2023 | finance.yahoo.com
Kraken Robotics to Present at Houlihan Lokey’s Global Industrials Conference in New York City
See More Headlines
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Company Calendar

Last Earnings
11/27/2023
Today
12/02/2023
Next Earnings (Estimated)
4/26/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
CVE
Industry
Scientific & Technical Instruments
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
CVE:PNG
CUSIP
N/A
CIK
N/A
Web
krakenrobotics.com
Phone
+1-709-7575757
Fax
N/A
Employees
234
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$1.13
High Stock Price Target
C$1.25
Low Stock Price Target
C$1.00
Potential Upside/Downside
+75.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C($0.01)
Trailing P/E Ratio
N/A
Forward P/E Ratio
10.66
P/E Growth
N/A
Net Income
C$1.69 million
Net Margins
3.36%
Pretax Margin
N/A
Return on Equity
6.23%
Return on Assets
2.63%

Debt

Debt-to-Equity Ratio
42.36
Current Ratio
1.08
Quick Ratio
0.64

Sales & Book Value

Annual Sales
C$50.39 million
Price / Sales
2.62
Cash Flow
C$0.03 per share
Price / Cash Flow
23.33
Book Value
C$0.13 per share
Price / Book
4.92

Miscellaneous

Outstanding Shares
206,110,000
Free Float
N/A
Market Cap
C$131.91 million
Optionable
Not Optionable
Beta
1.43
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Key Executives

  • Mr. Greg Reid C.A.
    CPA, CEO, President, Corporate Secretary & Director
  • Mr. Karl Kenny
    Founder
  • Mr. D. Joseph MacKay CA
    Chief Financial Officer
  • Mr. David Shea P.Eng.
    Executive VP of Products & CTO
  • Shauna Cotie
    Marketing Manager
  • Ms. Lynne Adu
    Head of Kraken's Services

Key Competitors

View All Competitors

Insiders

View All Insider Transactions














PNG Stock Analysis - Frequently Asked Questions

Should I buy or sell Kraken Robotics stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kraken Robotics in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PNG shares.
View PNG analyst ratings or view top-rated stocks.

What is Kraken Robotics' stock price target for 2024?

2 equities research analysts have issued 1 year target prices for Kraken Robotics' stock. Their PNG share price targets range from C$1.00 to C$1.25. On average, they expect the company's share price to reach C$1.13 in the next twelve months. This suggests a possible upside of 75.8% from the stock's current price.
View analysts price targets for PNG or view top-rated stocks among Wall Street analysts.

How have PNG shares performed in 2023?

Kraken Robotics' stock was trading at C$0.57 at the start of the year. Since then, PNG stock has increased by 12.3% and is now trading at C$0.64.
View the best growth stocks for 2023 here.

When is Kraken Robotics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our PNG earnings forecast.

How were Kraken Robotics' earnings last quarter?

Kraken Robotics Inc. (CVE:PNG) announced its earnings results on Monday, November, 27th. The company reported $0.01 earnings per share for the quarter. The firm earned $20.34 million during the quarter, compared to analysts' expectations of $20.20 million. Kraken Robotics had a trailing twelve-month return on equity of 6.23% and a net margin of 3.36%.

What other stocks do shareholders of Kraken Robotics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kraken Robotics investors own include Allena Pharmaceuticals (ALNA), ProMetic Life Sciences (PLI), AltaGas (ALA), Ampliphi Biosciences (APHB), Catalyst Biosciences (CBIO), VirTra (VTSI), Arbutus Biopharma (ABUS), Aurora Cannabis (ACB), Aurora Cannabis (ACBFF) and AcelRx Pharmaceuticals (ACRX).

How do I buy shares of Kraken Robotics?

Shares of PNG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (CVE:PNG) was last updated on 12/2/2023 by MarketBeat.com Staff

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