Kodiak AI (NASDAQ:KDK) Price Target Cut to $4.00 by Analysts at Needham & Company LLC

Posted by Francis Steltz on Nov 7th, 2026

Kodiak AI (NASDAQ:KDK – Free Report) had its price objective cut by Needham & Company LLC to $4.00 in a report released on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other equities analysts have also weighed in on KDK. Morgan Stanley initiated coverage on shares of Kodiak AI in a report on Friday, September 11th. They set an “equal weight” rating and a $9.00 target price for the company. Citigroup reissued a “buy” rating on shares of Kodiak AI in a report on Wednesday, August 19th. Cantor Fitzgerald restated an “overweight” rating on shares of Kodiak AI in a research report on Monday, September 28th. Wall Street Zen lowered shares of Kodiak AI from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. Finally, Oppenheimer assumed coverage on shares of Kodiak AI in a report on Tuesday, August 25th. They issued an “outperform” rating and a $9.00 price objective for the company. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $9.19.

Check Out Our Latest Stock Analysis on Kodiak AI

Kodiak AI Stock Performance

Kodiak AI stock traded up $0.33 during midday trading on Friday, hitting $1.28. 15,396,769 shares of the company were exchanged, compared to its average volume of 7,198,246. The firm has a market capitalization of $256.79 million, a PE ratio of -1.75 and a beta of 0.75. Kodiak AI has a fifty-two week low of $0.95 and a fifty-two week high of $11.35. The business has a fifty day simple moving average of $2.27 and a two-hundred day simple moving average of $5.78.

Kodiak AI (NASDAQ:KDK – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.34. The company had revenue of $2.97 million during the quarter. As a group, equities analysts expect that Kodiak AI will post -0.93 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in KDK. Sumitomo Mitsui Trust Group Inc. grew its stake in Kodiak AI by 112.5% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,677,951 shares of the company’s stock valued at $11,645,000 after acquiring an additional 888,480 shares during the period. BlackRock Inc. purchased a new stake in Kodiak AI in the 2nd quarter worth $9,073,000. Alyeska Investment Group L.P. acquired a new position in Kodiak AI during the second quarter worth $19,538,000. Amova Asset Management Americas Inc. raised its position in Kodiak AI by 112.5% during the first quarter. Amova Asset Management Americas Inc. now owns 1,677,951 shares of the company’s stock worth $11,628,000 after acquiring an additional 888,480 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Kodiak AI during the second quarter valued at $1,276,000. 72.95% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Kodiak AI

Here are the key news stories impacting Kodiak AI this week:

Positive Sentiment: Needham & Company kept a Buy rating and set a $4 price target, implying substantial upside from recent trading levels. Needham rating and price target
Positive Sentiment: Kodiak announced a major agreement for unsupervised autonomous trucking as it approaches a long-haul launch. The company is targeting 200 unsupervised trucks by the end of 2027 and 5,000 by the end of 2029—potential growth drivers if it can execute. Kodiak Q3 results and trucking agreement Kodiak deployment targets
Neutral Sentiment: Q3 revenue was $2.97 million and was reported as beating estimates. Coverage differed on whether the quarterly per-share loss beat or matched consensus, so the results offer a limited near-term signal against the larger funding and execution questions. Kodiak Q3 earnings coverage
Negative Sentiment: A bearish Seeking Alpha analysis downgraded the stock, citing a $50.3 million Q3 operating loss and cash burn that could deplete available funds by mid-2027. It also flagged potential dilution or other measures to support the business, including a reverse split if shares remain below $1. These financing concerns could outweigh long-term growth plans. Kodiak cash concerns and downgrade

About Kodiak AI

(Get Free Report)

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.