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HOLD

Phenomenally good performance. Now at inflection point. Seeing more and bigger contracts both on surveillance and on batteries. Hopefully this is just getting started and it doesn't get bought out before the long runway of earnings growth and share price appreciation materializes.

Technology
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Net income rose 31% year-over-year to $2.6M. Revenue rose 67%(!) year-over-year to $22.8M. Product revenue increased 83% year-over-year driven by increased sales across key products. Adjusted EBITDA increased 79% in the quarter to $5.4M. PNG maintained its outlook for the full year 2024 expecting revenue between $90M to $100M and Adjusted EBITDA in the $18.0M to $24.0M range. This outlook is, "driven by contracts in hand and reflects strength across both our Product and Service groups addressing defense and offshore energy customers." Another very strong quarter for PNG continuing its run and the stock has hit another high today. 
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Technology
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

PNG reported a slight EPS beat, coming in at 1.24c, beating estimates of 1c. Revenue more than tripled on a year-over-year basis, but did miss estimates coming in at $28.01M versus forecasts of $$28.35M. Guidance for 2024 was maintained, expecting evenue between $90M to $100M and Adjusted EBITDA in the $18M to $24M range. Management mentioned that it made improvements to improve its technical and commercial depth in 2023 and made significant investments in headcount and infrastructure. PNG also subsequently reported that it received an order for more than $6M for subsea batteries that will be delivered in 2024 and 2025. Momentum continues to be strong and while this quarter was slightly below expectations on a revenue basis, PNG continues to grow at a high rate and win contracts.
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Technology
PARTIAL BUY

Software-centric sensors for underwater. Two sides: sensor and power. Military, government, research companies are potential customers. Recent US $1.5M contract. Very illiquid. Almost a double from here to the price target. Buy in thirds at $0.52, 0.45, and 0.40.

(Analysts’ price target is $0.96)
Technology
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Cash position is strong despite revenues falling in 2020 compared to the large order they received in the prior year. Margins have improved. It continues to secure orders. High risk but doing many things right. Unlock Premium - Try 5i Free

Technology
BUY
It's doing better now. Their sonor device looks for underwater mines and does underground mapping of pipelines. Earnings are expected to leap to 5 cents in 2021 to give it a 10x PE. If so, then there's a $1 target minimum. Lots of upside.
Technology
BUY
They use sonar technology to look at oil rigs for safety. They have a battery that allows longer dive time. They are selling a lot of the batteries with good success. It can be used for civilian and military uses.
Technology
PAST TOP PICK
(A Top Pick Jan 23/19, Up 10%) A small robotics company. It has signed some new deals and recently with a European company for underwater mapping. They provide technology to map the sea floor for sunken vessels and other applications. It has taken time, but it is coming into play. Only one analyst cover it. He thinks the next couple of quarters will wake up investors.
Technology
PAST TOP PICK
(A Top Pick Jan 23/19, Up 27%) Only a $90 million cap company. They have underwater vessels that map out the ground underwater for military use. Big contracts with the naby are ramping up revenues from $6.5 million to $39 million in projected 2020 revenues with EPS at 6 cents. It trades at only 10x earnings with strong growth ahead. He's taken some money off the table, but still likes it.
Technology
BUY
They have underwater submersibles that look at what is on the floor of the ocean such as pipelines. They continue to get more contracts including for batteries for submersibles.
Technology
WATCH
It has done well and just came off of its highs. They were not able to file their financials on time. He would like to see bigger contracts awarded to them this year.
Technology
HOLD
They produce sonar technology for use in submersibles. They have some new contracts going forward. He does not own it.
Technology
WEAK BUY

They make sonor in a drone-like vehicle looking for mines underwater. They also have new tech revolving around batteries that helps deep-sea equipment. They're finally getting some traction and a reasonable speculation.

Technology
HOLD
They use sonar technology to find sub-surface mines and have technology for low level battery technology. Earnings are expected to be a 11 PE in 2020. Interesting technology and good opportunity going forward.
Technology
TOP PICK
The fundamentals are showing great signs of growth. He thinks revenues could double in 2019. It is very unknown, with only two analysts tracking them. They do underwater mapping for pipelines and cable and he expects a lot of government spending in this space. Yield 0%. (Analysts’ price target is $0.95)
Technology
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Kraken Robotics Inc.(PNG-X) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Kraken Robotics Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Kraken Robotics Inc.(PNG-X) Frequently Asked Questions

What is Kraken Robotics Inc. stock symbol?

Kraken Robotics Inc. is a Canadian stock, trading under the symbol PNG-X on the TSX Venture Exchange (PNG-CV). It is usually referred to as TSXV:PNG or PNG-X

Is Kraken Robotics Inc. a buy or a sell?

In the last year, 3 stock analysts published opinions about PNG-X. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Kraken Robotics Inc..

Is Kraken Robotics Inc. a good investment or a top pick?

Kraken Robotics Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Kraken Robotics Inc..

Why is Kraken Robotics Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Kraken Robotics Inc. worth watching?

3 stock analysts on Stockchase covered Kraken Robotics Inc. In the last year. It is a trending stock that is worth watching.

What is Kraken Robotics Inc. stock price?

On 2024-10-11, Kraken Robotics Inc. (PNG-X) stock closed at a price of $1.72.