Kodiak AI, Inc. (NASDAQ:KDK) Stock Has Average Price Target of $10.89
by Scott Moore · The Cerbat GemShares of Kodiak AI, Inc. (NASDAQ:KDK – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the eleven research firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $10.89.
A number of research firms recently weighed in on KDK. Wall Street Zen downgraded Kodiak AI from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 22nd. Oppenheimer started coverage on shares of Kodiak AI in a report on Tuesday, August 25th. They set an “outperform” rating and a $9.00 price objective on the stock. Morgan Stanley initiated coverage on shares of Kodiak AI in a research report on Friday, September 11th. They set an “equal weight” rating and a $9.00 price target for the company. Chardan Capital reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Kodiak AI in a research note on Friday. Finally, Craig Hallum initiated coverage on Kodiak AI in a research report on Monday, June 15th. They set a “buy” rating and a $12.00 target price on the stock.
Get Our Latest Research Report on KDK
Hedge Funds Weigh In On Kodiak AI
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Alyeska Investment Group L.P. purchased a new position in shares of Kodiak AI during the 2nd quarter worth approximately $19,538,000. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Kodiak AI by 112.5% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,677,951 shares of the company’s stock worth $11,645,000 after acquiring an additional 888,480 shares during the last quarter. Amova Asset Management Americas Inc. lifted its position in shares of Kodiak AI by 112.5% in the first quarter. Amova Asset Management Americas Inc. now owns 1,677,951 shares of the company’s stock valued at $11,628,000 after acquiring an additional 888,480 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Kodiak AI during the second quarter valued at $9,073,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Kodiak AI during the 2nd quarter worth about $1,276,000. Institutional investors and hedge funds own 72.95% of the company’s stock.
Kodiak AI Stock Performance
KDK stock opened at $2.43 on Monday. The stock has a market capitalization of $487.51 million, a PE ratio of -0.52 and a beta of 0.42. The company has a fifty day moving average of $3.91 and a 200-day moving average of $6.01. Kodiak AI has a one year low of $2.13 and a one year high of $11.35.
Kodiak AI (NASDAQ:KDK – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.33). The company had revenue of $3.50 million for the quarter. Equities analysts forecast that Kodiak AI will post -0.92 earnings per share for the current fiscal year.
More Kodiak AI News
Here are the key news stories impacting Kodiak AI this week:
- Positive Sentiment: Kodiak AI plans to launch unsupervised, long-haul driverless service on the Dallas-Houston freight corridor by the end of 2026. The company is conducting daily preparation runs on Interstate 45 and closed-course validation testing as it works to complete its safety-case validation. Kodiak AI Names Dallas-Houston As Long-Haul Driverless Launch Lane
- Positive Sentiment: Oppenheimer said Kodiak is tracking toward its first driver-out over-the-road ride by year-end, reinforcing the company’s near-term commercialization timeline. Kodiak AI Tracking Toward First Driver-Out Over-the-Road Ride by Year-End
- Positive Sentiment: Chardan Capital reaffirmed its “buy” rating and maintained a $12 price target, implying substantial upside from recent trading levels. The target reflects analyst confidence in Kodiak’s autonomous-driving rollout, though it remains dependent on successful execution. Benzinga analyst note
- Positive Sentiment: Kodiak and DTL Transport completed their first autonomous trucking deliveries under a new California DMV permit, hauling perishable goods along the I-5 and CA-99 corridors. The deliveries provide real-world operating experience and mark an expansion beyond Kodiak’s Texas-focused plans. Kodiak AI and DTL Transport Complete First Autonomous Trucking Deliveries
- Neutral Sentiment: Reported short interest was listed at zero shares as of September 24, offering no measurable short-selling pressure according to the data provided. The figure may reflect a reporting or data issue and is not a fundamental catalyst.
- Negative Sentiment: Despite the operational milestones, Kodiak remains an early-stage, unprofitable company. Its latest reported quarter included $3.5 million of revenue and a larger-than-expected per-share loss, keeping investor concerns centered on cash needs, commercialization timing, and whether driverless operations can scale economically.
About Kodiak AI
Kodiak AI, Inc (NASDAQ: KDK) develops autonomous vehicle technology for the trucking and logistics industries. The company’s platform is designed to enable self-driving commercial trucks, with an emphasis on improving freight transportation safety, efficiency and reliability.
Its products and services include autonomous-driving software, vehicle systems and supporting hardware designed for long-haul trucking applications. Kodiak’s technology is intended to help commercial fleets operate vehicles with reduced dependence on human drivers, while supporting remote supervision, fleet management and deployment across defined freight routes.
The company was founded in 2018 as Kodiak Robotics by Don Burnett and has focused primarily on autonomous trucking in the United States.
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