Is Nauticus Robotics Inc (NASDAQ: KITT)’s Stock Ready To Increase In Value?

In the last trading session, 1.34 million shares of the Nauticus Robotics Inc (NASDAQ:KITT) were traded, and its beta was -0.08. Most recently the company’s share price was $0.92, and it changed around -$0.08 or -8.40% from the last close, which brings the market valuation of the company to $32.20M. KITT currently trades at a discount to its 52-week high of $14.85, offering almost -1514.13% off that amount. The share price’s 52-week low was $0.82, which indicates that the current value has risen by an impressive 10.87% since then.

Nauticus Robotics Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended KITT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

Nauticus Robotics Inc (NASDAQ:KITT) trade information

Instantly KITT has showed a red trend with a performance of -8.40% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.0900 on recent trading dayincreased the stock’s daily price by 15.6%. The company’s shares are currently down -40.90% year-to-date, but still down -14.39% over the last five days. On the other hand, Nauticus Robotics Inc (NASDAQ:KITT) is -5.08% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $2.5, which translates to bulls needing to increase their stock price by 63.2% from its current value. Analyst projections state that KITT is forecast to be at a low of $2.5 and a high of $2.5.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -1095.17%.

KITT Dividends

Nauticus Robotics Inc’s next quarterly earnings report is expected to be released in June.

INTEGRATED ADVISORS NETWORK LLC, with 0.5696% or 0.4 million shares worth $54440.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.

Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund were the top two Mutual Funds as of Feb 28, 2025 . The former held 18.05 shares worth $16529.0, making up 0.05% of all outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund held roughly 6.94 shares worth around $6359.0, which represents about 0.02% of the total shares outstanding.