Analyst Price Target is C$2.05
▼ -20.23% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Kraken Robotics in the last 3 months. The average price target is C$2.05, with a high forecast of C$2.50 and a low forecast of C$1.60. The average price target represents a -20.23% upside from the last price of C$2.57.
Current Consensus is
Buy
The current consensus among 1 investment analysts is to buy stock in 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. It operates in two segments, Products, and Services. The company offers AquaPix miniature interferometric synthetic aperture sonar (MINSAS), a configurable MINSAS; and SeaPower, a pressure tolerant deep sea batteries. It also provides Kraken Active Towed Fish (KATFISH), a towed underwater vehicle for high speed and high resolution seabed mapping; LARS, an autonomous launch and recovery system that enable an unmanned vehicle and its payloads to be brought aboard to a host ship; Acoustic Core that provides a 3D image of stratigraphy layers and anomalies across the entire foundation footprint; and Sub-Bottom Imager used to view image beneath the seabed. In addition, the company designs and manufactures pressure tolerant batteries, battery management systems, and electronics; and robotics as a service. The company was formerly known as Kraken Sonar Inc. and changed its name to Kraken Robotics Inc. in September 2017. Kraken Robotics Inc. is headquartered in Mount Pearl, Canada.
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