Recent Research Analysts’ Ratings Updates for Kraken Robotics (PNG)

A number of firms have modified their ratings and price targets on shares of Kraken Robotics (CVE: PNG) recently:

• 7/7/2026 – Kraken Robotics had its price target lowered by ATB Cormark Capital Markets from C$6.50 to C$5.00. They now have an “underperform” rating on the stock.
• 7/3/2026 – Kraken Robotics had its price target lowered by Desjardins to C$13.50. They now have a “buy” rating on the stock.
• 7/3/2026 – Kraken Robotics had its price target lowered by National Bank Financial to C$10.00.
• 7/3/2026 – Kraken Robotics had its price target raised by Scotia from C$9.00 to C$12.00. They now have a “sector outperform” rating on the stock.

Insider Activity

In related news, insider Duane Joseph Alexander Mackay bought 41,500 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The shares were bought at an average price of C$6.00 per share, for a total transaction of C$249,000.00. Following the transaction, the insider directly owned 1,154,500 shares of the company’s stock, valued at approximately C$6,927,000. The trade was a 3.73% increase in their ownership of the stock. 10.13% of the stock is owned by insiders.

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.