FY2026 EPS Estimates for Palladyne AI Reduced by Analyst

Palladyne AI Corp. (NASDAQ:PDYN) – Northland Securities dropped their FY2026 earnings per share (EPS) estimates for shares of Palladyne AI in a research report issued to clients and investors on Monday, June 8th. Northland Securities analyst M. Latimore now anticipates that the company will post earnings of ($0.91) per share for the year, down from their previous forecast of ($0.87). The consensus estimate for Palladyne AI’s current full-year earnings is ($0.87) per share. Northland Securities also issued estimates for Palladyne AI’s FY2027 earnings at ($0.79) EPS.

Palladyne AI (NASDAQ:PDYN) last posted its earnings results on Tuesday, May 5th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). Palladyne AI had a negative return on equity of 49.17% and a negative net margin of 358.04%.The business had revenue of $3.54 million for the quarter, compared to analyst estimates of $4.93 million.

Other research analysts have also issued reports about the company. Zacks Research raised Palladyne AI to a “hold” rating in a research report on Wednesday, April 8th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $7.00 target price on shares of Palladyne AI in a research report on Wednesday, May 6th. Wall Street Zen lowered Palladyne AI from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Weiss Ratings lowered Palladyne AI from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Wednesday, May 6th. Finally, Alliance Global Partners restated a “buy” rating on shares of Palladyne AI in a report on Tuesday, May 5th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $11.00.

Palladyne AI Trading Down 10.6%

NASDAQ:PDYN opened at $6.41 on Wednesday. The firm’s fifty day simple moving average is $6.66 and its 200 day simple moving average is $6.36. Palladyne AI has a twelve month low of $4.14 and a twelve month high of $13.00. The firm has a market capitalization of $298.00 million, a price-to-earnings ratio of -10.51 and a beta of 3.59.

Insider Transactions at Palladyne AI

In related news, CTO Denis Garagic sold 17,176 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $6.14, for a total value of $105,460.64. Following the transaction, the chief technology officer owned 559,959 shares in the company, valued at approximately $3,438,148.26. The trade was a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Stephen Sonne sold 5,245 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $6.14, for a total value of $32,204.30. Following the completion of the transaction, the insider directly owned 197,490 shares of the company’s stock, valued at $1,212,588.60. This represents a 2.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 54,378 shares of company stock valued at $372,509. 13.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Palladyne AI

Several institutional investors and hedge funds have recently made changes to their positions in PDYN. Quarry LP acquired a new stake in shares of Palladyne AI during the third quarter worth approximately $28,000. Osaic Holdings Inc. raised its holdings in Palladyne AI by 94.3% in the second quarter. Osaic Holdings Inc. now owns 5,098 shares of the company’s stock valued at $44,000 after acquiring an additional 2,474 shares in the last quarter. Boothbay Fund Management LLC bought a new position in Palladyne AI during the 4th quarter valued at $44,000. Caitong International Asset Management Co. Ltd boosted its stake in Palladyne AI by 103.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 12,484 shares of the company’s stock valued at $53,000 after acquiring an additional 6,343 shares during the last quarter. Finally, Atom Investors LP acquired a new position in Palladyne AI during the 4th quarter worth $56,000. 26.02% of the stock is currently owned by hedge funds and other institutional investors.

About Palladyne AI

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.