Added to YB: 2026-10-13
Pitch date: 2026-10-09
PNG.V [bullish]
Kraken Robotics Inc.
-11.56%
current return
Author Info
No bio for this author
Company Info
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 military and commercial applications.
Market Cap
CAD 1.7B
Pitch Price
CAD 4.50
Price Target
6.80 (+71%)
Dividend
N/A
EV/EBITDA
99.35
P/E
-183.66
EV/Sales
14.90
Sector
Electronic Equipment, Instruments and Components
Category
value
KRAKEN ROBOTICS PLUMPS 44%: WHAT THE HELL IS GOING ON (AND WHY I BOUGHT MORE SHARES YESTERDAY)
PNG.V (added to position): Kraken Robotics’ business is viewed as intact after a 44% six-month decline, supported by naval replacement needs and new drone-battery customers, prompting an add yesterday to 2,900 shares at a CAD6.20 average and ~4% portfolio weight. At CAD4.72, the combined company trades at 3.8x sales; a weighted target of CAD6.80 implies 44% upside, though the CAD2.90 downside scenario and a required fivefold second-half revenue ramp make execution the near-term risk.
Read full article (8 min)