Cyngn (CYN) AI Stock Analysis

• Market Cap: $24.89M
• Dividend Yield: N/A
• Average Volume (3M): 7.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 4.75
• Revenue Growth: -34.12%
• EPS Growth: 82.42%
• Country: US
• Employees: 58
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -6.60
• Shares Outstanding: 1,944,417
• 10 Day Avg. Volume: 21,229,809
• 30 Day Avg. Volume: 7,095,976
• PEG Ratio: 3.06
• Price to Book (P/B): 133.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -181.62
• Enterprise Value/Market Cap: 41.43
• Enterprise Value/Revenue: 1.07K
• Enterprise Value/Gross Profit: -4.08K
• Enterprise Value/Ebitda: -11.81
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: $14.50 ▲(13.28%Upside)

Cyngn's overall stock score is primarily hindered by its weak financial performance and poor valuation metrics due to ongoing losses and negative cash flow. However, technical analysis provides some positive short-term signals, and recent capital raises are seen as a positive step to improve financial stability.

Cyngn Business Overview & Revenue Model

Company Description

Cyngn (CYN) is a technology company specializing in autonomous vehicle solutions. The company focuses on developing and deploying advanced software and systems that enable vehicles to operate autonomously. Cyngn's core products include AI-powered platforms and software suites that facilitate the integration of autonomous capabilities into various vehicle types, particularly targeting the industrial and commercial sectors.

How the Company Makes Money

Cyngn makes money primarily through the licensing of its autonomous driving technology and software solutions to businesses in industries such as logistics, manufacturing, and transportation. The company generates revenue by entering into agreements with vehicle manufacturers and industrial firms that seek to incorporate autonomous capabilities into their fleets. Additionally, Cyngn may engage in strategic partnerships and collaborations that enhance its technology offerings, further expanding its market reach and revenue potential. These partnerships often involve joint development projects or technology integration, which can provide additional revenue streams and strengthen its position in the autonomous vehicle sector.

Cyngn Financial Statement Overview

Summary

Cyngn's financial performance is hindered by significant challenges, including negative gross profit margins and net losses as indicated in the income statement. The balance sheet, while showing a stable equity position, suffers from low returns on equity due to ongoing losses. Persistent negative free cash flow highlights cash burn issues and operational inefficiencies, necessitating strategic improvements.

Income Statement

Cyngn's income statement reflects significant challenges with negative gross profit margins and net losses. Despite a slight revenue increase in TTM, the company faces ongoing profitability issues, highlighted by negative EBIT and EBITDA margins. The revenue growth is unstable, reflecting the volatility typical in emerging software companies.

Balance Sheet

The balance sheet shows a relatively stable equity position with a high equity ratio. However, the company has a low debt-to-equity ratio due to minimal debt, which is a positive aspect. Still, consistent net losses impact the return on equity, indicating inefficiencies in generating returns from shareholders' equity.

Cash Flow

Cyngn's cash flow statement reveals persistent negative free cash flow, indicating cash burn issues. While financing cash flow is positive, suggesting external funding, the operating cash flow remains negative, reflecting operational inefficiencies. The cash flow metrics highlight the need for strategic improvements to achieve sustainable cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	409.78K	368.14K	1.49M	262.00K	0.00	0.00
Gross Profit	-252.56K	-167.57K	267.00K	75.18K	-85.86K	-159.04K
EBITDA	-21.61M	-22.83M	-22.38M	-18.80M	-9.31M	-8.21M
Net Income	-30.88M	-29.25M	-22.81M	-19.24M	-7.80M	-8.34M
Balance Sheet
Total Assets	24.35M	30.10M	13.03M	25.51M	22.65M	6.67M
Cash, Cash Equivalents and Short-Term Investments	16.34M	23.62M	8.15M	22.60M	21.95M	6.06M
Total Debt	127.57K	317.34K	1.00M	376.62K	11.68K	695.08K
Total Liabilities	2.21M	18.50M	2.40M	1.39M	407.43K	1.08M
Stockholders Equity	22.14M	11.59M	10.64M	24.12M	22.25M	5.60M
Cash Flow
Free Cash Flow	-14.23M	-10.54M	-21.24M	-17.67M	-8.70M	-7.92M
Operating Cash Flow	-12.82M	-9.49M	-19.48M	-16.30M	-8.64M	-7.92M
Investing Cash Flow	-14.96M	2.94M	6.36M	-13.35M	-20.02K	0.00
Financing Cash Flow	26.58M	26.58M	6.12M	18.24M	24.20M	695.70K

Cyngn Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CYN, the sentiment is Positive. The current price of 12.8 is above the 20-day moving average (MA) of 6.47, above the 50-day MA of 5.42, and below the 200-day MA of 241.07, indicating a neutral trend. The MACD of 2.03 indicates Negative momentum. The RSI at 71.15 is Negative, neither overbought nor oversold. The STOCH value of 28.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CYN.

Cyngn Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$33.22B	5.73	-11.55%	1.90%	5.54%	-20.14%
CYN	49 Neutral	$24.89M	―	-205.05%	―	-34.12%	82.42%
PET	47 Neutral	$8.39M	―	-3036.82%	―	-27.81%	-7.85%
JTAI	41 Neutral	$9.13M	―	-233.22%	―	19.78%	60.46%
VS	39 Underperform	$11.42M	―	-34.07%	―	-78.87%	85.62%

Cyngn Corporate Events

Cyngn Secures $14.7 Million in Direct Offering

On June 27, 2025, Cyngn Inc. announced a securities purchase agreement with institutional investors for a registered direct offering of common stock and pre-funded warrants, raising approximately $14.7 million in net proceeds. The offering closed on June 30, 2025, and the funds will be used for general corporate purposes, including working capital, enhancing Cyngn’s operational capabilities and market positioning.

Cyngn Raises $12.7M in Direct Offering

On June 26, 2025, Cyngn Inc. announced a securities purchase agreement with institutional investors to sell 192,496 shares of common stock and 2,801,516 pre-funded warrants in a registered direct offering, raising approximately $12.7 million after expenses. The offering, which closed on June 27, 2025, aims to support general corporate purposes and working capital, with Aegis Capital Corp. acting as the exclusive placement agent. This move is expected to bolster Cyngn’s financial position, allowing it to continue addressing industrial challenges through its autonomous vehicle technology.

Cyngn CFO Donald Alvarez Resigns, Natalie Russell Steps In

On June 6, 2025, Donald Alvarez resigned from his roles as a board member and Chief Financial Officer of Cyngn Inc. His departure was not due to any disagreements with the company’s operations or policies. Natalie Russell, the Director of Accounting, has been appointed as the Interim Chief Financial Officer. The company expressed gratitude for Alvarez’s contributions and wished him success in his future endeavors.