Kraken Robotics (CVE:PNG) Price Target Raised to C$6.25

Kraken Robotics (CVE:PNG) had its price target raised by Raymond James Financial from C$4.00 to C$6.25 in a research note published on Tuesday,BayStreet.CA reports. Raymond James Financial currently has an outperform rating on the stock. Raymond James Financial also issued estimates for Kraken Robotics’ Q4 2025 earnings at $0.04 EPS, FY2025 earnings at $0.05 EPS and FY2026 earnings at $0.11 EPS.

A number of other brokerages also recently commented on PNG. Desjardins lifted their price objective on Kraken Robotics from C$4.00 to C$5.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Scotiabank raised shares of Kraken Robotics to a “strong-buy” rating in a report on Thursday, August 14th. Finally, National Bankshares boosted their target price on shares of Kraken Robotics from C$5.00 to C$7.50 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Two investment 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. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$6.06.

Kraken Robotics Stock Down 2.2%

Shares of CVE PNG opened at C$5.80 on Tuesday. The stock has a market cap of C$1.78 billion, a PE ratio of 82.86 and a beta of 1.07. The company has a current ratio of 2.78, a quick ratio of 0.64 and a debt-to-equity ratio of 34.32. Kraken Robotics has a 12-month low of C$2.06 and a 12-month high of C$7.44. The company has a 50-day moving average of C$5.63 and a 200 day moving average of C$4.05.

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.