Kraken Robotics Q3 EPS Decreased by Raymond James Financial

Kraken Robotics Inc. (CVE:PNG) – Investment analysts at Raymond James Financial cut their Q3 2025 earnings per share (EPS) estimates for Kraken Robotics in a research note issued on Thursday, August 21st. Raymond James Financial analyst S. Li now forecasts that the company will post earnings per share of $0.01 for the quarter, down from their prior forecast of $0.02. 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. Raymond James Financial also issued estimates for Kraken Robotics’ FY2025 earnings at $0.04 EPS and FY2026 earnings at $0.09 EPS.

PNG has been the subject of several other research reports. Scotiabank raised Kraken Robotics to a “strong-buy” rating in a research report on Thursday, August 14th. Desjardins raised their price objective on Kraken Robotics from C$4.00 to C$5.00 and gave the company a “buy” rating in a report on Friday. Finally, Canaccord Genuity Group downgraded shares of Kraken Robotics from a “strong-buy” rating to a “hold” rating and raised their price objective for the stock from C$3.50 to C$4.00 in a research report on Thursday, July 24th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$3.70.

Kraken Robotics Stock Performance

Kraken Robotics stock opened at C$3.46 on Friday. Kraken Robotics has a 52 week low of C$1.38 and a 52 week high of C$3.93. The stock has a fifty day moving average price of C$3.35 and a 200 day moving average price of C$2.74. The company has a current ratio of 2.78, a quick ratio of 0.64 and a debt-to-equity ratio of 34.32. The firm has a market capitalization of C$940.68 million, a P/E ratio of 91.55 and a beta of 1.15.

Insider Buying and Selling at Kraken Robotics

In other news, Senior Officer Gregory Michael Reid sold 261,600 shares of Kraken Robotics 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 transaction of C$753,408.00. Corporate insiders own 10.13% of the company’s stock.

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.