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An update from Kraken Robotics Systems Inc ( (TSE:PNG) ) is now available.
Kraken Robotics Inc. has announced the rebranding of its recently acquired company, 3D at Depth, to Kraken Robotics, effective from April 1, 2025. This strategic move allows clients to access the full suite of Kraken’s marine technology offerings, enhancing the company’s market position in subsea intelligence. The transition aims to streamline operations and expand Kraken’s reach in providing cutting-edge solutions for ocean safety and infrastructure analysis.
The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Kraken Robotics Systems Inc stock, see the TSE:PNG Stock Forecast page.
Spark’s Take on TSE:PNG Stock
According to Spark, TipRanks’ AI Analyst, TSE:PNG is a Neutral.
The overall stock score is primarily influenced by solid financial performance, despite concerns over cash flow management. Technical analysis indicates bearish momentum, and the high P/E ratio suggests overvaluation, which impacts the attractiveness of the stock.
To see Spark’s full report on TSE:PNG stock, click here.
More about Kraken Robotics Systems Inc
Kraken Robotics Inc. is a leader in transforming subsea intelligence through its advanced 3D imaging sensors, power solutions, and robotic systems. The company offers a range of products including synthetic aperture sonar, sub-bottom imaging, and LiDAR systems, which provide high-resolution insights into ocean safety, infrastructure, and geology. Kraken’s pressure tolerant batteries are designed for high energy density power applications in unmanned underwater vehicles and subsea energy storage. Headquartered in Canada, Kraken operates globally with offices in North America, South America, and Europe, serving clients in over 30 countries.
Average Trading Volume: 1,172,654
Technical Sentiment Signal: Buy
Current Market Cap: C$1.43B
Learn more about PNG stock on TipRanks’ Stock Analysis page.