Analysts’ Recent Ratings Changes for Kraken Robotics (PNG)

Kraken Robotics (CVE: PNG) recently received a number of ratings updates from brokerages and research firms:

• 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 Transactions at Kraken Robotics

In other news, Director Michael Shaun Mcewan sold 6,700 shares of the business’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of C$6.32, for a total value of C$42,344.00. Following the sale, the director owned 460,728 shares of the company’s stock, valued at approximately C$2,911,800.96. The trade was a 1.43% decrease in their position. Also, Director Donald Christopher Robertson acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, July 8th. The stock was purchased at an average price of C$6.05 per share, with a total value of C$60,500.00. Following the acquisition, the director owned 10,000 shares of the company’s stock, valued at approximately C$60,500. This trade represents a ∞ increase in their ownership of the stock. In the last 90 days, insiders have sold 238,687 shares of company stock valued at $1,485,800. Corporate insiders own 10.13% of the company’s stock.

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.