Cyngn (CYN) AI Stock Analysis

• Market Cap: $29.03M
• Dividend Yield: N/A
• Average Volume (3M): 1.17M
• Price to Earnings (P/E): ―
• Beta (1Y): 5.66
• Revenue Growth: 347.74%
• EPS Growth: 84.88%
• Country: US
• Employees: 58
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -1.20
• Shares Outstanding: 7,974,380
• 10 Day Avg. Volume: 2,986,781
• 30 Day Avg. Volume: 1,172,618
• PEG Ratio: 0.10
• Price to Book (P/B): 14.52
• Price to Sales (P/S): 457.39
• P/FCF Ratio: -15.97
• Enterprise Value/Market Cap: -0.12
• Enterprise Value/Revenue: -7.43
• Enterprise Value/Gross Profit: -26.56
• Enterprise Value/Ebitda: 0.15
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: $3.50 ▼(-3.85% Downside)

Cyngn's overall stock score is primarily impacted by its poor financial performance, with significant challenges in profitability and cash flow management. Technical analysis indicates a bearish trend, and the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. While recent corporate events are positive, they do not offset the financial and technical challenges.

Positive Factors

Revenue Growth

The positive revenue growth indicates that Cyngn is expanding its market presence and product adoption, which is crucial for long-term business sustainability.

Low Leverage

A low debt-to-equity ratio suggests that Cyngn has manageable leverage, providing financial flexibility to invest in growth opportunities and weather economic downturns.

Governance Improvements

The approval of governance-related proposals reflects positively on Cyngn's commitment to improving its operational strategies, which can enhance long-term shareholder value.

Negative Factors

Profitability Challenges

Significant negative net profit margins indicate ongoing profitability challenges, which can hinder Cyngn's ability to reinvest in its business and achieve sustainable growth.

Cash Flow Issues

Negative cash flows highlight liquidity challenges, potentially limiting Cyngn's ability to fund operations and invest in strategic initiatives without external financing.

Management Turnover

The resignation of a key executive like the VP of Business Operations can disrupt strategic continuity and affect Cyngn's ability to execute its business plans effectively.

Cyngn Business Overview & Revenue Model

Company Description

Cyngn (CYN) is a technology company specializing in developing software solutions for autonomous vehicle systems. Focused primarily on the logistics and transportation sectors, Cyngn offers advanced software platforms that enable vehicles to operate autonomously, enhancing efficiency and safety in material handling and delivery processes. The company aims to bridge the gap between traditional vehicle operation and cutting-edge autonomous technology, providing businesses with the tools necessary for modern logistics challenges.

How the Company Makes Money

Cyngn generates revenue through multiple streams including software licensing, integration services, and ongoing support and maintenance contracts for its autonomous vehicle software. The company partners with logistics and transportation firms to deploy its technology, enhancing operational capabilities and creating value for its clients. Additionally, Cyngn may pursue strategic partnerships with vehicle manufacturers and technology providers to expand its market reach and enhance its product offerings, which can lead to further revenue opportunities through joint ventures and collaborative projects.

Cyngn Financial Statement Overview

Summary

Cyngn faces significant financial challenges, particularly in profitability and cash flow management. Despite revenue growth, the company struggles with high costs and negative margins. The balance sheet shows low leverage, but profitability metrics are concerning. Cash flow issues further highlight the need for strategic improvements in operations and cost control.

Income Statement

Cyngn's income statement reveals significant challenges. The company has consistently negative net profit margins, with the TTM showing a net profit margin of -70.15%. Revenue growth is positive at 6.12% TTM, but the company struggles with profitability, as indicated by negative EBIT and EBITDA margins. The gross profit margin is also negative, highlighting cost management issues.

Balance Sheet

The balance sheet indicates a relatively low debt-to-equity ratio of 0.14 TTM, suggesting manageable leverage. However, the return on equity is deeply negative at -140.01%, reflecting poor profitability. The equity ratio is not explicitly calculated, but the company's equity position appears stable relative to its assets.

Cash Flow

Cash flow analysis shows a challenging situation with negative operating and free cash flows. The free cash flow growth rate is positive at 28.36% TTM, but the operating cash flow to net income ratio is negative, indicating cash flow issues. The free cash flow to net income ratio is slightly above 1, suggesting some alignment between cash flow and reported earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	457.23K	368.14K	1.49M	262.00K	0.00	0.00
Gross Profit	127.89K	-167.57K	267.00K	-529.69K	-85.86K	-159.04K
EBITDA	-23.30M	-22.16M	-22.38M	-18.63M	-7.70M	-8.18M
Net Income	-33.52M	-29.25M	-22.81M	-19.24M	-7.80M	-8.34M
Balance Sheet
Total Assets	49.27M	30.10M	13.03M	25.51M	22.65M	6.67M
Cash, Cash Equivalents and Short-Term Investments	34.87M	23.62M	8.15M	22.60M	21.95M	6.06M
Total Debt	6.71M	317.34K	1.00M	376.62K	0.00	695.08K
Total Liabilities	10.59M	18.50M	2.40M	1.39M	407.43K	1.08M
Stockholders Equity	38.68M	11.59M	10.64M	24.12M	22.25M	5.60M
Cash Flow
Free Cash Flow	-12.38M	-10.54M	-21.24M	-17.67M	-8.70M	-7.92M
Operating Cash Flow	-10.78M	-9.49M	-19.48M	-16.30M	-8.64M	-7.92M
Investing Cash Flow	-31.21M	2.94M	6.36M	-13.35M	-20.02K	0.00
Financing Cash Flow	44.84M	26.58M	6.12M	18.24M	24.20M	695.70K

Cyngn Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.64
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CYN, the sentiment is Negative. The current price of 3.64 is above the 20-day moving average (MA) of 3.51, below the 50-day MA of 4.34, and below the 200-day MA of 5.58, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 46.27 is Neutral, neither overbought nor oversold. The STOCH value of 72.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CYN.

Cyngn Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
BLBX	52 Neutral	$38.00M	-8.81	-68.14%	―	-13.58%	-7.29%
INLX	45 Neutral	$38.32M	-21.32	-15.71%	―	-7.76%	-291.41%
VBIX	44 Neutral	$16.75M	-0.49	-301.51%	―	-72.01%	12.96%
SWVL	41 Neutral	$24.44M	-4.22	-218.42%	―	-2.39%	-3.11%
CYN	40 Underperform	$29.03M	>-0.01	-166.00%	―	347.74%	84.88%

Cyngn Corporate Events

Cyngn Stockholders Approve Key Proposals at Annual Meeting

On December 3, 2025, Cyngn Inc. held its annual meeting where stockholders approved several key proposals. These included the election of Lior Tal as a Class I director for a three-year term, an amendment to the 2021 Equity Incentive Plan to increase the number of shares available for issuance, the ratification of CBIZ PCAs P.C. as the independent registered public accounting firm for 2025, and the potential adjournment of the meeting to continue soliciting votes. The approval of these proposals reflects the company’s ongoing efforts to enhance its governance and operational strategies.

Cyngn VP Ben Landen Resigns Effective October 24

On October 22, 2025, Ben Landen, Vice President of Business Operations at Cyngn Inc., resigned effective October 24, 2025. His resignation was not due to any disagreements with the company, and Cyngn expressed gratitude for his contributions.

Cyngn Reschedules 2025 Annual Meeting to December

Cyngn Inc. has announced the rescheduling of its 2025 Annual Meeting, initially set for October 6, 2025, to December 3, 2025. This change affects the deadlines for shareholder proposals and nominations, which must now be submitted within four days of the announcement, adhering to the Securities Exchange Act of 1934 and the company’s bylaws.

Cyngn Cancels 2025 Annual Stockholders Meeting

On August 19, 2025, Cyngn Inc. announced the cancellation of its 2025 annual meeting of stockholders, initially scheduled for October 6, 2025. The company plans to reschedule the meeting and will file a new proxy statement with the Securities and Exchange Commission, indicating a shift in its operational timeline.