Kraken Robotics Inc.
Price Target
$7
Upside
+47.4%
Investment Thesis
Kraken Robotics is not a speculative bet on a technology that might one day find customers. It already has them. USD 234 million in confirmed 2026 product orders in subsea defence and autonomy exceeds the full-year revenue guidance midpoint before the year is half over, a backlog-to-guidance ratio above 1.0x. The transformational Covelya acquisition, closed July 2 for USD 441 million, roughly tripled the revenue base. (OTCQB: KRKNF; TSX-V: PNG.)
Full Report
The complete report includes a DCF valuation, comparable company analysis, and full investment thesis with risk factors.
Report Details
For educational purposes only. Not investment advice. Price targets reflect analyst estimates as of the publication date.