KDK

Kodiak AI, Inc.

No convergence signal this quarter — shown because tracked funds have filed 13D/G on this stock.

Days to cover (short int.)

7.7d↑+12.4%

as of 2026-09-15

News Summary

Negative

Kodiak AI delivered 91% revenue growth and secured a landmark driverless freight deal with IKEA, but faces severe cash burn ($160–170M projected for 2026) and a major production delay on its flagship Atlas truck order, pushing commercialization to 2027. Stock declined 36% amid these headwinds despite mixed analyst sentiment, with the company burning cash faster than near-term revenue can offset.

Red flags

•Projected free cash flow of negative $160–170 million for full-year 2026; cash position of $151 million insufficient to cover 2027 burn rate without additional financing
•Significant delay in Atlas truck production pushed revenue ramp to 2027, materially impacting near-term growth trajectory
•Stock price collapsed 36% (from ~$3.80 to $2.45) by late September 2026 amid production timeline delays
•Operating losses doubled year-over-year to ~$38 million in Q1 2026 with accelerated equity dilution
•Downgrade to 'strong sell' by Zacks Research (mid-September 2026) citing delayed production timelines
•Negative free cash flow of $38 million in Q2 2026 alone with capex and R&D scaling

Fund 13D/13G Filings (1)

Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).

Fund	Form	∆ Shares	% of Class	Since Filing	Filed	Src
Soros Fund Management	SC 13G/A	—	4.9%	-58.5% vs SPY -58.4% abs	2026-08-14	↗