Palladyne AI Corp (PDYN) AI Stock Analysis

• Market Cap: $350.71M
• Dividend Yield: N/A
• Average Volume (3M): 3.08M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.51
• Revenue Growth: -16.95%
• EPS Growth: 54.71%
• Country: US
• Employees: 71
• Sector: Technology
• Sector Strength: 96
• Industry: Software - Infrastructure
• EPS (TTM): -1.87
• Shares Outstanding: 35,713,528
• 10 Day Avg. Volume: 4,399,422
• 30 Day Avg. Volume: 3,076,852
• PEG Ratio: -0.23
• Price to Book (P/B): 11.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.32
• Enterprise Value/Market Cap: 0.94
• Enterprise Value/Revenue: 10.82
• Enterprise Value/Gross Profit: 80.03
• Enterprise Value/Ebitda: -2.47
• 1Y Price Target: $15.00
• Price Target Upside: 76.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 42 Neutral
• Price Target: $8.00 ▼(-5.99%Downside)

Palladyne AI Corp's overall stock score is driven primarily by its challenging financial performance, characterized by declining revenues and negative profitability, which raises concerns about long-term sustainability. The valuation metrics are also unfavorable, with a negative P/E ratio indicating current losses. Technical analysis provides some balance with neutral signals, but the stock remains speculative with risks outweighing potential rewards.

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 primarily through a subscription-based model, offering its AI software solutions to businesses on a monthly or annual basis. Additionally, the company earns income through one-time licensing fees for its proprietary technology, as well as through consulting services that help clients implement and optimize these AI solutions. Key revenue streams include partnerships with large enterprises for customized AI projects, maintenance and support services, and training programs designed to educate clients on AI best practices. Strategic alliances with technology providers and industry leaders also contribute to Palladyne's earnings by expanding its market reach and enhancing its product offerings.

Palladyne AI Corp Financial Statement Overview

Summary

Palladyne AI Corp is experiencing significant financial challenges, as reflected in declining revenues, negative profit margins, and insufficient cash generation. The company's balance sheet shows weakening financial stability, which poses a risk to its financial health.

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

Palladyne AI Corp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 8.51
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PDYN, the sentiment is Neutral. The current price of 8.51 is below the 20-day moving average (MA) of 9.50, below the 50-day MA of 8.76, and above the 200-day MA of 6.67, indicating a neutral trend. The MACD of 0.24 indicates Positive momentum. The RSI at 42.59 is Neutral, neither overbought nor oversold. The STOCH value of 9.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	$163.01M	19.36	56.45%	―	―	―
KLTR	60 Neutral	$290.34M	―	-89.29%	―	2.40%	54.99%
Sector *	57 Neutral	$835.58M	11.04	-16.80%	2.63%	10.19%	-40.75%
BLZE	55 Neutral	$299.20M	―	-74.75%	―	21.81%	28.80%
ARQQ	44 Neutral	$527.39M	―	-160.52%	―	-67.43%	87.17%
PDYN	42 Neutral	$350.71M	―	-136.41%	―	-16.95%	54.71%
MLGO	―	$145.02M	6.02		―	―	―

Palladyne AI Corp Corporate Events

Palladyne AI Corp Amends CEO Employment Agreement

Palladyne AI Corp announced an amended employment agreement with CEO Benjamin G. Wolff, extending his term until 2027 and entitling him to a cash payment based on the company’s stock value. However, a restricted stock award granted to Wolff in July 2025 reduced this cash payment to zero, as approved by the company’s board and stockholders.

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 Holds Annual Stockholders Meeting

On June 11, 2025, Palladyne AI Corp. held its annual stockholders meeting where key decisions were made regarding the election of directors, ratification of KPMG LLP as the independent auditor, and approval of restricted stock awards for the CEO. The meeting also highlighted an amended employment agreement with CEO Benjamin G. Wolff, which ties his compensation to the company’s stock performance, aligning his interests with shareholders and offering a lower cash salary compared to industry standards.

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 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.