NASDAQ:KITT

Nauticus Robotics (KITT) Stock Forecast, Price & News

$1.91

-0.07 (-3.54%)

(As of 09/22/2023 ET)

Compare

Today's Range: $1.91
▼
$1.97
50-Day Range: $1.81
▼
$2.15
52-Week Range: $1.68
▼
$7.16

Volume: 52,599 shs
Average Volume: 155,952 shs
Market Capitalization: $95.16 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.75

Nauticus Robotics MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 201.0% Upside
$5.75 Price Target
Short Interest: Healthy
0.88% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.61) to ($0.50) Per Share

Overall MarketRank^™

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

2.19 out of 5 stars

Business Services Sector

180th out of 307 stocks

General Industrial Machinery, Industry

6th out of 9 stocks

3.3

Analyst's Opinion

Consensus Rating
Nauticus Robotics has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.75, Nauticus Robotics has a forecasted upside of 201.0% from its current price of $1.91.
Amount of Analyst Coverage
Nauticus Robotics has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.88% of the float of Nauticus Robotics has been sold short.
Short Interest Ratio / Days to Cover
Nauticus Robotics has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Nauticus Robotics has recently decreased by 20.33%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Nauticus Robotics does not currently pay a dividend.
Dividend Growth
Nauticus Robotics does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KITT.

1.8

News and Social Media Coverage

News Sentiment
Nauticus Robotics has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Nauticus Robotics this week, compared to 1 article on an average week.
Search Interest
6 people have searched for KITT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nauticus Robotics insiders have not sold or bought any company stock.
Percentage Held by Insiders
47.90% of the stock of Nauticus Robotics is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 2.37% of the stock of Nauticus Robotics is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Nauticus Robotics are expected to grow in the coming year, from ($0.61) to ($0.50) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nauticus Robotics is -2.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nauticus Robotics is -2.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Nauticus Robotics (NASDAQ:KITT) Stock

Nauticus Robotics, Inc. develops and provides ocean robots, software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle (AUV) with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; and Argonaut, a derivative product of the Aquanaut that is used for non-industrial and government applications. It also provides Olympic Arm, a subsea tool; ToolKITT, a cloud software platform, which consists of interrelated products for ocean sensing, manipulation, autonomous behaviors, survey, search and recovery, and manual intervention; and Hydronaut, an optionally crewed vessel that will support the real-time operations of Aquanaut in commercial applications. The company was founded in 2014 and is based in Webster, Texas.

KITT Price History

30 days | 90 days | 365 days | Advanced Chart

KITT Stock News Headlines

September 17, 2023 | americanbankingnews.com

Analyzing Integrated Environmental Technologies (OTCMKTS:IEVM) and Nauticus Robotics (NASDAQ:KITT)

August 29, 2023 | finance.yahoo.com

Nauticus Robotics to Provide AUV/UID Leak Detection Technology Testing for Equinor

September 22, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

August 22, 2023 | markets.businessinsider.com

Nauticus Robotics Gets Additional $2.1M Funding From Leidos For Undersea Vehicle Technology

August 22, 2023 | finance.yahoo.com

Nauticus Robotics and Leidos Execute Additional $2.1M Contract Extension

August 15, 2023 | markets.businessinsider.com

Lake Street Keeps Their Buy Rating on Nauticus Robotics (KITT)

August 14, 2023 | benzinga.com

Nauticus Robotics Stock (NASDAQ:KITT), Guidance and Forecast

August 13, 2023 | msn.com

Nauticus Robotics GAAP EPS of $0.49, revenue of $1.12M

September 22, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

August 12, 2023 | finance.yahoo.com

Q2 2023 Nauticus Robotics Inc Earnings Call

August 11, 2023 | finance.yahoo.com

Nauticus Robotics Reports Second Quarter 2023 Results and Provides Business Update

August 3, 2023 | finance.yahoo.com

The past year for Nauticus Robotics (NASDAQ:KITT) investors has not been profitable

August 3, 2023 | finance.yahoo.com

Nauticus Robotics to Exhibit at the 50th SPE Offshore Europe Conference

July 31, 2023 | finance.yahoo.com

Nauticus Robotics Sets Second Quarter 2023 Earnings Conference Call for Friday, August 11 at 10:00 a.m. Eastern Time

July 18, 2023 | benzinga.com

KITT ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation of Nauticus Robotics

June 26, 2023 | finance.yahoo.com

Nauticus Robotics Announces Inclusion in Russell Microcap® Index

June 23, 2023 | msn.com

Nauticus Soars on Major Contract Win with Petrobras

June 23, 2023 | msn.com

Nauticus shares jump on contract to perform subsea inspection for Petrobras

June 21, 2023 | markets.businessinsider.com

What 4 Analyst Ratings Have To Say About Nauticus Robotics

June 21, 2023 | markets.businessinsider.com

Chardan Capital Remains a Hold on Nauticus Robotics (KITT)

June 16, 2023 | finance.yahoo.com

KITT - Nauticus Robotics, Inc.

June 5, 2023 | benzinga.com

KITT ALERT: Levi & Korsinsky, LLP Announces an Investigation of Nauticus Robotics

June 1, 2023 | finance.yahoo.com

Nauticus Robotics to Exhibit and Speak at 7th Annual Energy Drone & Robotics Summit

May 25, 2023 | finance.yahoo.com

Nauticus Robotics to Join Russell Microcap® Index

May 17, 2023 | msn.com

Lake Street Maintains Nauticus Robotics (KITT) Buy Recommendation

May 15, 2023 | finance.yahoo.com

Nauticus Robotics Reports First Quarter 2023 Results and Provides Business Update

May 12, 2023 | msn.com

Analyst's Strong Negative Opinion On Nauticus Robotics: It Lacks Ability To Fund Fleet Build-Out

See More Headlines

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KITT Company Calendar

Last Earnings: 8/11/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/13/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: General industrial machinery,
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:KITT
CUSIP: N/A
CIK: 1849820
Web: www.nauticusrobotics.com
Phone: 281-942-9069
Fax: N/A
Employees: 93
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $5.75
High Stock Price Forecast: $10.00
Low Stock Price Forecast: $2.50
Forecasted Upside/Downside: +196.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.65)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-28,260,000.00
Net Margins: -37.54%
Pretax Margin: -146.33%
Return on Equity: -2,774.34%
Return on Assets: -50.31%

Debt

Debt-to-Equity Ratio: 1.72
Current Ratio: 1.86
Quick Ratio: 0.94

Sales & Book Value

Annual Sales: $11.44 million
Price / Sales: 8.45
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 49,820,000
Free Float: 25,957,000
Market Cap: $96.65 million
Optionable: Not Optionable
Beta: 0.68

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Key Executives

Mr. Nicolaus Radford (Age 45)
Co-Founder, CEO, Pres & Director
Comp: $1.39M

Ms. Donnelly A. Bohan (Age 49)
Chief Operating Officer
Comp: $392.19k

Mr. Rangan Padmanabhan (Age 47)
Chief Financial Officer

Mr. Tom Matura
VP of Accounting

Dr. John D. Yamokoski (Age 45)
Chief Technology Officer

Mr. M. Dilshad Kasmani (Age 45)
Corp. Sec. and Chief Legal & Admin. Officer

Ciara Campbell
VP of HR

Mr. Todd Newell (Age 53)
Sr. VP of Bus. Devel.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

KITT Stock - Frequently Asked Questions

Should I buy or sell Nauticus Robotics stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nauticus Robotics in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KITT shares.
View KITT analyst ratings or view top-rated stocks.
What is Nauticus Robotics' stock price forecast for 2023?: 3 Wall Street research analysts have issued twelve-month price targets for Nauticus Robotics' stock. Their KITT share price forecasts range from $2.50 to $10.00. On average, they anticipate the company's share price to reach $5.75 in the next twelve months. This suggests a possible upside of 196.4% from the stock's current price.
View analysts price targets for KITT or view top-rated stocks among Wall Street analysts.
How have KITT shares performed in 2023?: Nauticus Robotics' stock was trading at $3.74 at the start of the year. Since then, KITT shares have decreased by 48.1% and is now trading at $1.94.
View the best growth stocks for 2023 here.
Are investors shorting Nauticus Robotics?: Nauticus Robotics saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 120,300 shares, a decline of 20.3% from the August 15th total of 151,000 shares. Based on an average daily volume of 243,900 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.9% of the company's shares are short sold.
View Nauticus Robotics' Short Interest.
When is Nauticus Robotics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our KITT earnings forecast.
How were Nauticus Robotics' earnings last quarter?: Nauticus Robotics, Inc. (NASDAQ:KITT) posted its quarterly earnings data on Friday, August, 11th. The company reported ($0.20) EPS for the quarter, meeting the consensus estimate of ($0.20). The company earned $1.13 million during the quarter, compared to analysts' expectations of $2.40 million. Nauticus Robotics had a negative net margin of 37.54% and a negative trailing twelve-month return on equity of 2,774.34%.

What is Nauticus Robotics' stock symbol?: Nauticus Robotics trades on the NASDAQ under the ticker symbol "KITT."
Who are Nauticus Robotics' major shareholders?: Nauticus Robotics' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (0.33%), Geode Capital Management LLC (0.11%) and State Street Corp (0.06%).
How do I buy shares of Nauticus Robotics?: Shares of KITT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Nauticus Robotics' stock price today?: One share of KITT stock can currently be purchased for approximately $1.94.
How much money does Nauticus Robotics make?: Nauticus Robotics (NASDAQ:KITT) has a market capitalization of $96.65 million and generates $11.44 million in revenue each year. The company earns $-28,260,000.00 in net income (profit) each year or ($0.65) on an earnings per share basis.
How can I contact Nauticus Robotics?: Nauticus Robotics' mailing address is 207 West 25th Street 9th Floor, New York NY, 10001. The official website for the company is www.nauticusrobotics.com. The company can be reached via phone at 281-942-9069 or via email at kitt@gatewayir.com.

This page (NASDAQ:KITT) was last updated on 9/22/2023 by MarketBeat.com Staff

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