Palladyne AI (PDYN) Stock Price, News & Analysis

Company Overview

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) software platform enables robots to observe, learn, reason, and act in structured and unstructured environments. The company's software platform enables 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 and with minimal robot training. It serves customers from various industries, such as industrial manufacturing, warehousing and logistics, defense, infrastructure maintenance and repair, energy, aerospace and aviation, and others. 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. was founded in 2017 and is headquartered in Salt Lake City, Utah.

Key Stats

• Today's Range: $7.95 to $8.95
• 50-Day Range: $3.13 to $13.31
• 52-Week Range: $0.54 to $14.95
• Volume: 3.41 million shs
• Average Volume: 5.14 million shs
• Market Capitalization: $240.88 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $15.00
• Consensus Rating: Buy

Palladyne AI Stock Analysis - MarketRank™

Palladyne AI scored higher than 42% of companies evaluated by MarketBeat, and ranked 217th out of 322 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Palladyne AI has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Palladyne AI has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Palladyne AI is -3.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Palladyne AI is -3.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Palladyne AI has a P/B Ratio of 5.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

12.17% of the float of Palladyne AI has been sold short.

Short Interest Ratio / Days to Cover

Palladyne AI has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Palladyne AI has recently increased by 5.94%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Palladyne AI does not currently pay a dividend.

Dividend Growth

Palladyne AI does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

12.17% of the float of Palladyne AI has been sold short.

Short Interest Ratio / Days to Cover

Palladyne AI has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Palladyne AI has recently increased by 5.94%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.18

News Sentiment

Palladyne AI has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Palladyne AI this week, compared to 1 article on an average week.

Search Interest

96 people have searched for PDYN on MarketBeat in the last 30 days. This is an increase of 39% compared to the previous 30 days.

MarketBeat Follows

Only 28 people have added Palladyne AI to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Palladyne AI insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.00% of the stock of Palladyne AI is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 26.02% of the stock of Palladyne AI is held by institutions.

PDYN Stock Analysis - Frequently Asked Questions

How have PDYN shares performed this year?

Palladyne AI's stock was trading at $12.27 at the beginning of the year. Since then, PDYN shares have decreased by 34.8% and is now trading at $8.00.
View the best growth stocks for 2025 here.

Who are Palladyne AI's major shareholders?

Palladyne AI's top institutional shareholders include Geode Capital Management LLC (0.70%), Soviero Asset Management LP (0.33%), Jane Street Group LLC (0.29%) and CIBC Private Wealth Group LLC (0.20%). Insiders that own company stock include Benjamin G Wolff, Denis Garagic and Dennis M Weibling.
View institutional ownership trends.

How do I buy shares of Palladyne AI?

Shares of PDYN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Palladyne AI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Palladyne AI investors own include Myomo (MYO), Alpha Teknova (TKNO), Cassava Sciences (SAVA), NVIDIA (NVDA), Heron Therapeutics (HRTX), ARK Innovation ETF (ARKK) and Vanguard Total Bond Market ETF (BND).

Company Calendar

• Today: 2/22/2025
• Next Earnings (Estimated): 5/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:PDYN
• Previous Symbol: NASDAQ:PDYN
• CUSIP: N/A
• CIK: 1826681
• Web: www.palladyneai.com
• Phone: 888-927-7296
• Fax: N/A
• Employees: 70
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.00
• High Stock Price Target: $15.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +87.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.16)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-115,590,000.00
• Net Margins: -722.22%
• Pretax Margin: -722.13%
• Return on Equity: -56.81%
• Return on Assets: -37.45%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.02
• Quick Ratio: 5.02

Sales & Book Value

• Annual Sales: $6.15 million
• Price / Sales: 39.17
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.58 per share
• Price / Book: 5.06

Miscellaneous

• Outstanding Shares: 30,110,000
• Free Float: 26,499,000
• Market Cap: $240.88 million
• Optionable: N/A
• Beta: 3.83