Kraken Robotics stock trades at EUR 2.43 as target cut stays in focus
Published on 10/30/2026 at 20:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and subsea expansion
- National Bank Financial retained an outperform rating while lowering its price objective for Kraken Robotics.
- The company is expanding its subsea technology portfolio across sensors, software and integrated systems.
Kraken Robotics stock traded at 2.43 euros on Lang & Schwarz at 8:00:42 p.m. CEST on Friday, October 30, 2026. The Canadian marine technology company remains in focus after National Bank Financial lowered its price objective while keeping an outperform rating.
According to MarketBeat, National Bank Financial cut its target from CAD 10.00 to CAD 8.00 on October 21, 2026, and maintained an outperform rating. MarketBeat also cited five Buy ratings and two Hold ratings among analysts, although such targets represent expectations rather than guaranteed returns.
Broader subsea technology portfolio
Kraken Robotics describes itself as a global marine technology company serving defence, offshore energy and ocean science markets. Its product range covers sonar, navigation, positioning, imaging, power, communications, monitoring and data analytics, according to the company's investor page.
On July 2, 2026, Kraken Robotics completed its acquisition of the Covelya Group, bringing Sonardyne, EIVA, Forcys, Voyis and Chelsea Technologies into the group. The combination broadens the company's offering but also raises the importance of execution and integration as investors assess future growth.
The real-time quote of Kraken Robotics stock provides the latest trading indication.
Kraken Robotics at a glance
- Company: Kraken Robotics Inc.
- ISIN: CA50077N1024
- Ticker: PNG
- Home exchange: TSX Venture Exchange
- Latest quote: EUR 2.43 at 20:00:42 CEST on October 30, 2026
Canadian equities are covered through the S&P/TSX Composite market reports.
