Brokers Set Expectations for Kraken Robotics FY2025 Earnings

Kraken Robotics Inc. (CVE:PNG) – Equities researchers at National Bank Financial dropped their FY2025 earnings estimates for shares of Kraken Robotics in a note issued to investors on Thursday, May 29th. National Bank Financial analyst J. Shao now anticipates that the company will post earnings of $0.04 per share for the year, down from their prior estimate of $0.05. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Kraken Robotics’ current full-year earnings is $0.07 per share. National Bank Financial also issued estimates for Kraken Robotics’ FY2026 earnings at $0.08 EPS.

Several other equities research analysts have also issued reports on PNG. Desjardins raised their price target on shares of Kraken Robotics from C$3.60 to C$4.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. National Bankshares set a C$3.00 target price on Kraken Robotics and gave the stock an “outperform” rating in a research report on Thursday, April 24th.

Kraken Robotics Stock Performance

Shares of PNG stock opened at C$2.38 on Monday. The company has a debt-to-equity ratio of 34.32, a quick ratio of 0.64 and a current ratio of 2.78. The firm has a market cap of C$647.06 million, a price-to-earnings ratio of 62.97 and a beta of 1.15. Kraken Robotics has a 52 week low of C$0.92 and a 52 week high of C$3.01. The firm’s 50-day simple moving average is C$2.37 and its two-hundred day simple moving average is C$2.47.

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.