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Kodiak AI, Inc. (KDK)

Technology | Software - Infrastructure | Mountain View, United States | NasdaqGM
3.90 USD -0.07 (-1.763%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 3.93 +0.03 (0.769%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 1:53 a.m. EDT

The investment case here is a stark dichotomy between a fundamentally broken business and a speculative mania. Fundamentally, the company is a value trap: it burns cash aggressively with negative free cash flow, operates at a massive loss, and trades at a premium valuation multiple despite having no earnings. The balance sheet is fragile, and the lack of a multi-year price history prevents any assessment of sustainable growth. The short-term rating is low because the recent price action shows weakness, and the statistical forecast offers no directional edge. However, the long-term outlook remains bleak due to the deteriorating fundamentals. The market is currently ignoring these red flags entirely, evidenced by the heavy call option open interest at strikes far above the current price. This suggests a 'lottery ticket' thesis where investors are betting on a sudden catalyst or a massive re-rating of the autonomous driving sector, rather than the company's actual operational performance. For a rational investor, the lack of profitability and the cash burn make this a dangerous hold. The only reason to consider this is as a high-risk speculative play on a potential industry boom, not as an investment in the company's current business quality.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.156633
AutoARIMA0.162526
AutoETS0.162530
MSTL0.183647

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 33%
H-stat 6.69
Ljung-Box p 0.000
Jarque-Bera p 0.117
Excess Kurtosis -0.54
Attribute Value
Sector Technology
Debt to Equity Ratio 139.502
Revenue per Share 0.047
Market Cap 782,410,880
Forward P/E -5.02
Beta 0.45
Website https://kodiak.ai

As of Aug. 22, 2026, 1:53 a.m. EDT: Options activity reveals a distinct 'long gamma' setup with massive open interest in out-of-the-money calls (strikes $8-$10) relative to puts. This indicates speculative positioning for a significant upside move, likely driven by the narrative of major institutional accumulation (Cathie Wood). However, the implied volatility surface shows elevated premiums for deep out-of-the-money strikes, suggesting the market is pricing in binary event risk rather than steady appreciation. Put volume remains thin compared to call volume, reinforcing a bullish sentiment despite the stock trading near its 52-week lows.


Info Dump

Attribute Value
52 Week Change -0.50062895
Address1 1,049 Terra Bella Avenue
All Time High 11.35
All Time Low 3.76
Ask 5.65
Ask Size 2
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 944,610
Average Daily Volume3 Month 1,135,564
Average Volume 1,135,564
Average Volume10Days 944,610
Beta 0.452
Bid 3.23
Bid Size 2
Book Value -0.973
City Mountain View
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.9
Current Ratio 5.536
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 4.01
Day Low 3.86
Debt To Equity 139.502
Display Name Kodiak AI
Earnings Call Timestamp End 1,786,050,000
Earnings Call Timestamp Start 1,786,050,000
Earnings Timestamp 1,786,046,400
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda -145,148,000
Ebitda Margins 0.0
Enterprise To Ebitda -6.217
Enterprise To Revenue 126.167
Enterprise Value 902,342,848
Eps Current Year -0.56368
Eps Forward -0.77685
Eps Trailing Twelve Months -1.82
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.5955
Fifty Day Average Change -0.6954999
Fifty Day Average Change Percent -0.15134369
Fifty Two Week Change Percent -50.062897
Fifty Two Week High 11.35
Fifty Two Week High Change -7.4500003
Fifty Two Week High Change Percent -0.6563877
Fifty Two Week Low 3.76
Fifty Two Week Low Change 0.1400001
Fifty Two Week Low Change Percent 0.03723407
Fifty Two Week Range 3.76 - 11.35
Financial Currency USD
First Trade Date Milliseconds 1,758,807,000,000
Float Shares 129,715,696
Forward Eps -0.77685
Forward P E -5.0202746
Free Cashflow -102,067,872
Full Exchange Name NasdaqGM
Full Time Employees 341
Fullday Change -0.0699999
Fullday Change Percent -1.76322
Fullday Price 3.93
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 7,152,000
Has Pre Post Market Data 1
Held Percent Insiders 0.38009
Held Percent Institutions 0.44352
Implied Shares Outstanding 200,618,170
Industry Software - Infrastructure
Industry Disp Software - Infrastructure
Industry Key software-infrastructure
Ipo Expected Date 2,025-09-25
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Kodiak AI, Inc. engages in the development of autonomous vehicle technology and related services. It offers Kodiak Driver, a virtual driver that combines advanced AI-powered software with modular and vehicle-agnostic hardware designed to help address its customers. The company also provides oversight and integration tools, including Kodiak OnTime, a proprietary suite of support services and tools designed to provide smooth integration with customer operations. In addition, it delivers freight through its autonomous trucks; and offers driver-as-a-service to its customers. Kodiak AI, Inc. has strategic collaboration with General Dynamics Land Systems to create autonomous ground vehicles (AGVs) for defense applications. The company serves long-haul trucking, industrial trucking, and defense industries. Kodiak AI, Inc. was founded in 2018 and is headquartered in Mountain View, California.
Long Name Kodiak AI, Inc.
Market us_market
Market Cap 782,410,880
Market State CLOSED
Max Age 86,400
Message Board Id finmb_576664358
Most Recent Quarter 1,782,777,600
Net Income To Common -359,080,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 795,451,044
Number Of Analyst Opinions 7
Open 4.0
Operating Cashflow -121,199,000
Operating Margins -12.48271
Payout Ratio 0.0
Phone 650 209 8005
Post Market Change 0.029999971
Post Market Change Percent 0.76923
Post Market Price 3.93
Post Market Time 1,787,961,549
Previous Close 3.97
Price Eps Current Year -6.9188194
Price Hint 4
Price To Book -4.008222
Price To Sales Trailing12 Months 109.39749
Profit Margins 0.0
Quick Ratio 5.374
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.0699999
Regular Market Change Percent -1.76322
Regular Market Day High 4.01
Regular Market Day Low 3.86
Regular Market Day Range 3.86 - 4.01
Regular Market Open 4.0
Regular Market Previous Close 3.97
Regular Market Price 3.9
Regular Market Time 1,787,947,201
Regular Market Volume 687,303
Return On Assets -0.7539
Revenue Growth 5.956
Revenue Per Share 0.047
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 200,618,170
Shares Percent Shares Out 0.0444
Shares Short 8,913,468
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 8,278,345
Short Name Kodiak AI, Inc.
Short Percent Of Float 0.070199996
Short Ratio 9.3
Source Interval 15
State CA
Symbol KDK
Target High Price 13.0
Target Low Price 8.5
Target Mean Price 11.07143
Target Median Price 12.0
Total Cash 151,056,000
Total Cash Per Share 0.753
Total Debt 47,803,000
Total Revenue 7,152,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.82
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 7.295525
Two Hundred Day Average Change -3.395525
Two Hundred Day Average Change Percent -0.46542573
Type Disp Equity
Volume 687,303
Website https://kodiak.ai
Zip 94,043-7373