Desjardins Comments on Kraken Robotics Q1 Earnings

Kraken Robotics Inc. (CVE:PNG) – Desjardins issued their Q1 2025 EPS estimates for shares of Kraken Robotics in a research note issued to investors on Monday, April 28th. Desjardins analyst B. Poirier expects that the company will post earnings per share of $0.01 for the quarter. Desjardins currently has a “Buy” 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. Desjardins also issued estimates for Kraken Robotics’ Q2 2025 earnings at $0.01 EPS, Q3 2025 earnings at $0.02 EPS, Q4 2025 earnings at $0.02 EPS and FY2025 earnings at $0.06 EPS.

A number of other research analysts have also recently commented on PNG. Raymond James upgraded Kraken Robotics to a “moderate buy” rating in a research note on Thursday, January 23rd. National Bank Financial upgraded Kraken Robotics to a “strong-buy” rating in a research report on Wednesday, April 23rd. Finally, National Bankshares set a C$3.00 price target on Kraken Robotics and gave the stock an “outperform” rating in a report on Thursday, April 24th.

Kraken Robotics Price Performance

Shares of CVE:PNG opened at C$2.48 on Wednesday. The firm has a 50 day simple moving average of C$2.34 and a 200 day simple moving average of C$2.39. The company has a market cap of C$674.25 million, a price-to-earnings ratio of 65.62 and a beta of 1.15. Kraken Robotics has a one year low of C$0.92 and a one year high of C$3.01. The company has a debt-to-equity ratio of 34.32, a current ratio of 2.78 and a quick ratio of 0.64.

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.