Kraken Robotics Inc. (CVE:PNG – Free Report) – Raymond James Financial lowered their Q4 2025 earnings per share estimates for shares of Kraken Robotics in a research report issued on Thursday, August 21st. Raymond James Financial analyst S. Li now forecasts that the company will post earnings per share of $0.03 for the quarter, down from their previous estimate of $0.04. Raymond James Financial currently has a “Outperform” rating and a $4.00 target price 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 recently issued reports on PNG. Desjardins increased their price target on Kraken Robotics from C$4.00 to C$5.00 and gave the stock a “buy” rating in a report on Friday. Canaccord Genuity Group downgraded shares of Kraken Robotics from a “strong-buy” rating to a “hold” rating and boosted their target price for the company from C$3.50 to C$4.00 in a research report on Thursday, July 24th. Finally, Scotiabank raised shares of Kraken Robotics to a “strong-buy” rating in a research note on Thursday, August 14th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$3.70.
Kraken Robotics Trading Down 1.4%
CVE PNG opened at C$3.46 on Monday. The stock has a market capitalization of C$940.68 million, a P/E ratio of 91.55 and a beta of 1.15. The business has a 50 day simple moving average of C$3.35 and a 200 day simple moving average of C$2.74. The company has a debt-to-equity ratio of 34.32, a current ratio of 2.78 and a quick ratio of 0.64. Kraken Robotics has a one year low of C$1.38 and a one year high of C$3.93.
Insider Activity at Kraken Robotics
In other news, Senior Officer Gregory Michael Reid sold 261,600 shares of the company’s stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of C$2.88, for a total transaction of C$753,408.00. 10.13% of the stock is currently owned by corporate insiders.
About Kraken Robotics
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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