Kraken Robotics FY2026 EPS Estimate Reduced by Desjardins

Kraken Robotics Inc. (CVE:PNG) – Analysts at Desjardins decreased their FY2026 earnings per share (EPS) estimates for Kraken Robotics in a research report issued on Monday, November 24th. Desjardins analyst B. Poirier now forecasts that the company will earn $0.07 per share for the year, down from their previous estimate of $0.08. Desjardins has a “Buy” rating and a $6.50 price target on the stock. The consensus estimate for Kraken Robotics’ current full-year earnings is $0.07 per share. Desjardins also issued estimates for Kraken Robotics’ FY2027 earnings at $0.13 EPS.

PNG has been the topic of several other reports. Raymond James Financial raised their target price on shares of Kraken Robotics from C$4.00 to C$6.25 and gave the stock an “outperform” rating in a research report on Tuesday. Scotiabank upgraded shares of Kraken Robotics to a “strong-buy” rating in a report on Thursday, August 14th. National Bankshares boosted their price objective on shares of Kraken Robotics from C$5.00 to C$7.50 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Finally, Cormark lowered Kraken Robotics from a “moderate buy” rating to a “hold” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kraken Robotics currently has a consensus rating of “Buy” and a consensus target price of C$6.06.

Kraken Robotics Stock Down 1.2%

PNG opened at C$5.93 on Wednesday. Kraken Robotics has a 12 month low of C$2.06 and a 12 month high of C$7.44. The business has a 50-day moving average of C$5.60 and a two-hundred day moving average of C$4.04. The company has a debt-to-equity ratio of 34.32, a current ratio of 2.78 and a quick ratio of 0.64. The stock has a market capitalization of C$1.82 billion, a price-to-earnings ratio of 84.71 and a beta of 1.07.

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.