Palladyne AI Corp (PDYN) AI Stock Analysis

• Market Cap: $342.49M
• Dividend Yield: N/A
• Average Volume (3M): 2.28M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.75
• Revenue Growth: -16.95%
• EPS Growth: 54.71%
• Country: US
• Employees: 71
• Sector: Technology
• Sector Strength: 83
• Industry: Software - Infrastructure
• EPS (TTM): -1.87
• Shares Outstanding: 35,713,528
• 10 Day Avg. Volume: 3,781,653
• 30 Day Avg. Volume: 2,276,785
• PEG Ratio: -0.24
• Price to Book (P/B): 11.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.76
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 11.31
• Enterprise Value/Gross Profit: 83.69
• Enterprise Value/Ebitda: -2.58
• 1Y Price Target: $15.00
• Price Target Upside: 56.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 51 Neutral
• Price Target: $9.50 ▼(-0.94%Downside)

Palladyne AI Corp's overall score is primarily impacted by its poor financial performance, reflecting significant operational and cash flow challenges. Technical analysis indicates positive short-term momentum, while strategic corporate events suggest potential future growth. However, current unprofitability and valuation concerns limit the stock's attractiveness.

Palladyne AI Corp Business Overview & Revenue Model

Company Description

Palladyne AI Corp., a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) Foundational Technology enables robots to observe, learn, reason, and act in structured and unstructured environments. In addition, the company's technologies enable robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming, training, or the latency associated with processing in the cloud. Further, it offers Palladyne IQ used with industrial robots and cobots, enabling them to learn multiple tasks and handle disruptions or obstacles; and develops Palladyne Pilot for use with unmanned platform, such as Class 1 UAVs to enable persistent detection, identification, tracking, and classification of objects of interest by sharing situational awareness information across multiple drones that is derived by fusing multi-modal sensor data. It serves industrial manufacturing, defense, infrastructure maintenance, repair and surveillance, energy, and aerospace and aviation industries. The company was formerly known as Sarcos Technology and Robotics Corporation and changed its name to Palladyne AI Corp. in March 2024. Palladyne AI Corp. is headquartered in Salt Lake City, Utah.

How the Company Makes Money

Palladyne AI Corp generates revenue through a combination of software licensing, subscription services, and consulting fees. Key revenue streams include recurring subscription fees for access to its AI platforms, which offer scalable solutions for data analysis and process automation. Additionally, the company engages in strategic partnerships with major corporations to co-develop customized AI solutions, earning revenue through both development fees and profit-sharing arrangements. Palladyne also offers professional consulting services to assist clients in integrating AI technologies within their operations, providing another significant source of income. The company's ability to deliver highly specialized and effective solutions positions it as a leader in the AI industry, driving sustained revenue growth.

Palladyne AI Corp Financial Statement Overview

Summary

Palladyne AI Corp is experiencing financial difficulties, with declining revenue, negative EBIT and net income, weakening balance sheet stability, and significant cash flow challenges. These factors indicate major struggles with profitability, financial health, and cash conversion efficiency.

Income Statement

Palladyne AI Corp's revenue has shown a declining trend over recent periods, evidenced by a negative revenue growth rate from the last annual report to the TTM (Trailing-Twelve-Months) period. The company consistently reports negative EBIT and net income figures, resulting in negative net profit and EBIT margins, indicating struggles with profitability and operational efficiency.

Balance Sheet

The company's balance sheet reveals a moderate debt-to-equity ratio, indicating some reliance on debt, but the positive stockholders' equity suggests some stability. However, the equity ratio has been decreasing, indicating a reduction in financial strength. Overall, while there is some equity cushion, the liabilities and equity position suggest potential financial risks.

Cash Flow

Palladyne AI Corp faces significant cash flow challenges, with negative operating and free cash flows, which indicate insufficient cash generation to cover operational and capital expenditures. The free cash flow growth rate is negative, suggesting worsening cash flow issues, and both the operating and free cash flow to net income ratios are unfavorable, pointing to inefficiencies in converting income to cash.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
6.05M	7.79M	6.15M	14.57M	5.08M	8.81M
	Gross Profit
4.10M	4.30M	1.10M	2.96M	1.21M	3.21M
	EBIT
-26.59M	-26.92M	-83.01M	-177.04M	-80.99M	-21.00M
	EBITDA
-25.93M	-26.29M	-78.64M	-103.21M	-80.46M	-20.54M
	Net Income Common Stockholders
-42.63M	-72.62M	-115.59M	-157.13M	-81.51M	-20.93M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
217.11M	40.07M	39.09M	114.50M	217.11M	33.66M
	Total Assets
235.82M	56.25M	60.43M	167.63M	235.82M	38.05M
	Total Debt
7.00K	11.04M	12.40M	13.28M	7.00K	2.63M
	Net Debt
-217.11M	-20.15M	-10.74M	-21.88M	-217.11M	-31.03M
	Total Liabilities
21.86M	65.79M	19.52M	23.18M	21.86M	5.15M
	Stockholders Equity
213.96M	-9.53M	40.91M	144.45M	213.96M	32.91M
Cash Flow		Free Cash Flow
-23.20M	-22.89M	-77.40M	-66.89M	-46.79M	-17.83M
	Operating Cash Flow
-22.91M	-22.63M	-76.62M	-65.39M	-42.10M	-16.88M
	Investing Cash Flow
-36.61M	6.88M	64.68M	-109.05M	-4.69M	-950.00K
	Financing Cash Flow
37.78M	23.80M	-82.00K	-7.52M	230.24M	42.30M

Palladyne AI Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.59
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PDYN, the sentiment is Positive. The current price of 9.59 is above the 20-day moving average (MA) of 7.33, above the 50-day MA of 6.53, and above the 200-day MA of 5.34, indicating a bullish trend. The MACD of 0.60 indicates Negative momentum. The RSI at 67.87 is Neutral, neither overbought nor oversold. The STOCH value of 75.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PDYN.

Palladyne AI Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HPAI	72 Outperform	$175.64M	19.36	56.45%	―	―	―
KLTR	69 Neutral	$342.57M	―	-89.29%	―	2.40%	54.99%
BLZE	66 Neutral	$311.83M	―	-74.75%	―	21.81%	28.80%
Sector *	62 Neutral	$11.81B	10.34	-7.44%	2.91%	7.41%	-7.93%
PDYN	51 Neutral	$342.49M	―	-136.41%	―	-16.95%	54.71%
ARQQ	46 Neutral	$366.76M	―	-160.52%	―	-67.43%	87.17%
MLGO		$79.44M	0.69		―	―	―

Palladyne AI Corp Corporate Events

Palladyne AI Unveils Strategic Vision in New Presentation

On May 19, 2025, Palladyne AI Corp released an investor presentation on its website, outlining its business strategy and future plans. The presentation includes forward-looking statements about the company’s market opportunities and product developments, emphasizing the potential benefits of its AI technologies. The company aims to automate complex tasks traditionally limited by current AI approaches, thereby reducing human intervention and increasing return on investment for robotic platforms. Palladyne AI’s vision is to enable machines to observe, learn, reason, and act like humans, thus transforming the landscape of industrial automation.

The most recent analyst rating on (PDYN) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Palladyne AI Corp stock, see the PDYN Stock Forecast page.

Palladyne AI Corp Unveils Strategic AI and Robotics Plans

On April 2, 2025, Palladyne AI Corp released an investor presentation on its website, highlighting its strategic plans and technological advancements in AI and robotics. The presentation outlines the company’s vision to automate complex tasks by enabling machines to observe, learn, reason, and act like humans, which could significantly impact its market positioning and stakeholder interests. The company emphasizes reducing human intervention and increasing the return on investment for its robotic platforms, aiming to enhance agility and autonomy in industrial and mobile robots.