Analysts Set Expectations for Kodiak AI FY2029 Earnings

Kodiak AI, Inc. (NASDAQ:KDK) – Investment analysts at Northland Securities issued their FY2029 earnings per share (EPS) estimates for shares of Kodiak AI in a note issued to investors on Thursday, October 29th. Northland Securities analyst M. Latimore expects that the company will earn $0.48 per share for the year. The consensus estimate for Kodiak AI’s current full-year earnings is ($0.93) per share.

Kodiak AI (NASDAQ:KDK) last posted its earnings results on Thursday, August 6th. The company reported ($0.50) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.33). The company had revenue of $3.50 million during the quarter.

Several other research firms have also recently issued reports on KDK. Weiss Ratings reissued a “sell (e+)” rating on shares of Kodiak AI in a research note on Thursday, October 15th. Morgan Stanley started coverage on shares of Kodiak AI in a research note on Friday, September 11th. They set an “equal weight” rating and a $9.00 price objective on the stock. Citigroup reaffirmed a “buy” rating on shares of Kodiak AI in a report on Wednesday, August 19th. Chardan Capital reaffirmed a “buy” rating and issued a $4.50 price objective on shares of Kodiak AI in a report on Thursday, October 29th. Finally, Oppenheimer started coverage on shares of Kodiak AI in a research report on Tuesday, August 25th. They issued an “outperform” rating and a $9.00 target price for the company. Seven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $9.69.

Kodiak AI Trading Down 8.2%

Shares of KDK stock opened at $1.12 on Monday. Kodiak AI has a 1 year low of $0.96 and a 1 year high of $11.35. The stock has a fifty day moving average of $2.50 and a two-hundred day moving average of $5.95.

Institutional Trading of Kodiak AI

Several institutional investors have recently modified their holdings of KDK. Integrity Alliance LLC. bought a new position in shares of Kodiak AI in the third quarter valued at $93,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Kodiak AI during the 3rd quarter worth $59,000. Curated Wealth Partners LLC bought a new stake in shares of Kodiak AI during the 3rd quarter worth $114,000. HighTower Advisors LLC bought a new stake in shares of Kodiak AI during the 2nd quarter worth $121,000. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Kodiak AI in the 2nd quarter worth $19,538,000. Institutional investors and hedge funds own 72.95% of the company’s stock.

Kodiak AI Company Profile

Kodiak AI, Inc develops autonomous vehicle technology designed to help commercial and industrial operators improve the safety, efficiency and reliability of transportation. The company’s platform combines artificial intelligence, sensors, software and vehicle-control systems to support autonomous operation in complex environments.

Founded as Kodiak Robotics, the company initially focused on autonomous long-haul trucking and has developed systems intended for use in freight transportation.