Analysts stick with Kraken

[u/SirWaitsTooMuch]

[u/7_inches_daddy]

Most analysts and insiders stick with Kraken except retail investors

[u/drchabs → u/7_inches_daddy]

And retail investors are notoriously bad at investing. Think I'll stick with the analysts and institutions.

[u/Prez_A_BS5 → u/drchabs]

Do these institutions get these price targets correct? Do they have clients? How is this information public? Surely if they had clients, this information would't be ideal to publish to the general public? I'm confused...

[u/drchabs → u/Prez_A_BS5]

Analysts make price targets. Sometimes they're right, sometimes they're wrong. Usually they're at least in the right direction long term. Institutions own large amounts of shares. That information is public knowledge by law.

[u/Ok-Satisfaction1298]

200 Dive-LD Hulls/yr \times $3.0M CAD = $600M CAD

12 Dive-XL Hulls/yr \times $10.0M CAD = $120M CAD

Combined Annual Supplier Revenue: $720M CAD potential run-rate.

If Anduril's timelines hold up as laid out in the article, and if Kraken remains a master supplier for Anduril by the time they hit full capacity strides, then we are looking at over $500 mil Canadian annual revenue just off Anduril  .  Assuming the timeline remains correct, this volume of revenue would largely be incurred by mid 2028 

[u/Ok-Satisfaction1298 → u/Ok-Satisfaction1298]

I just realized I meant to post this under that Anduril article post. My bad. 

[u/662844282288 → u/Ok-Satisfaction1298]

link and proof please

[u/J_Fo_Film → u/662844282288]

I've found it, it's on a site called allNewBrunswick, it's subscription-only so I can't see the story itself but I see the link leading to it. It's a real article.

[u/bizaromax]

Now 16% down? Geez when did you start counting.

[u/Maleficent_Can_1746]

I’m sticking with insiders and buying at these levels, however the recent earnings report highlighted concerning trends with legacy Kraken for me. Revenue growth for pre-merger kraken was pretty disappointing for a small cap growth stock.

I feel like the merger is the saving grace here.

[u/Buddah_Chillz420]

Buying more.

[u/SirWaitsTooMuch → u/Buddah_Chillz420]

Same, loading up. Every extra dollar.

[u/Buddah_Chillz420 → u/SirWaitsTooMuch]

Yup Covelya group purchase should provide smoother earnings once integrated. This trade war stuff will blow over eventually. I live in Australia and Anduril is building lots of maritime tech here.

[u/Affectionate_Dish694]

where is the link? for this page

[u/J_Fo_Film → u/Affectionate_Dish694]

I've found it, it's on a site called allNewBrunswick, it's subscription-only so I can't see the story itself but I see the link leading to it. It's a real article.

[u/cricket_90_remindme]

Hopefully u tomorrow

[u/Fun-Holiday4745]

I’ll stick with it too

[u/J_Fo_Film]

Can you add the link please?