Kraken Robotics FY2025 EPS Estimate Decreased by Cormark

Kraken Robotics Inc. (CVE:PNG) – Analysts at Cormark reduced their FY2025 EPS estimates for shares of Kraken Robotics in a research note issued to investors on Tuesday, November 25th. Cormark analyst N. Boychuk now anticipates that the company will earn $0.04 per share for the year, down from their prior forecast of $0.05. Cormark has a “Hold” rating on the stock. The consensus estimate for Kraken Robotics’ current full-year earnings is $0.07 per share. Cormark also issued estimates for Kraken Robotics’ FY2026 earnings at $0.13 EPS.

A number of other equities research analysts have also weighed in on the company. Raymond James Financial lifted their price objective on Kraken Robotics from C$4.00 to C$6.25 and gave the stock an “outperform” rating in a report on Tuesday. Desjardins increased their target price on Kraken Robotics from C$5.00 to C$6.50 and gave the company a “buy” rating in a research note on Tuesday. Scotiabank upgraded shares of Kraken Robotics to a “strong-buy” rating in a research note on Thursday, August 14th. Finally, National Bankshares upped their price target 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 research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$6.06.

Kraken Robotics Stock Down 2.2%

Shares of CVE PNG opened at C$5.80 on Wednesday. The company has a debt-to-equity ratio of 34.32, a quick ratio of 0.64 and a current ratio of 2.78. Kraken Robotics has a 1 year low of C$2.06 and a 1 year high of C$7.44. The stock’s 50-day simple moving average is C$5.63 and its 200-day simple moving average is C$4.05. The firm has a market cap of C$1.78 billion, a price-to-earnings ratio of 82.86 and a beta of 1.07.

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.