PDYN Chart
About

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.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Infrastructur Market Cap 323.70M
Enterprise Value 235.12M Income -41.44M Sales 4.35M
Book/sh 1.23 Cash/sh 1.36 Dividend Yield —
Payout 0.00% Employees 71 IPO —
P/E — Forward P/E -8.32 PEG —
P/S 74.48 P/B 5.87 P/C —
EV/EBITDA -8.19 EV/Sales 54.10 Quick Ratio 13.28
Current Ratio 13.56 Debt/Eq 19.66 LT Debt/Eq —
EPS (ttm) -1.79 EPS next Y -0.87 EPS Growth —
Revenue Growth -1.30% Earnings 2026-03-05 ROA -33.11%
ROE -110.11% ROIC — Gross Margin 57.62%
Oper. Margin -9.38% Profit Margin 0.00% Shs Outstand 44.71M
Shs Float 30.36M Short Float 21.50% Short Ratio 1.47
Short Interest — 52W High 13.00 52W Low 4.14
Beta 3.81 Avg Volume 3.44M Volume 1.45M
Target Price $9.00 Recom None Prev Close $6.71
Price $7.24 Change 7.90%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.00
Mean price target
2. Current target
$7.24
Latest analyst target
3. DCF / Fair value
$-5.82
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.24
Low
$7.00
High
$11.00
Mean
$9.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-09-11 init Jefferies — → Hold $8
2025-01-27 init Alliance Global Partners — → Buy $15
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 346 1573 — Stock Award(Grant) at price 4.55 per share. MARTINDALE KRISTI Officer — 2025-12-01 00:00:00 D
1 981 4461 — Stock Award(Grant) at price 4.55 per share. GARAGIC DENIS Chief Technology Officer — 2025-12-01 00:00:00 D
2 1000 4548 — Stock Award(Grant) at price 4.55 per share. SONNE STEPHEN Officer — 2025-12-01 00:00:00 D
3 1000 4548 — Stock Award(Grant) at price 4.55 per share. THATCHER TREVOR Chief Financial Officer — 2025-12-01 00:00:00 D
4 6753 34527 — Sale at price 5.11 per share. MARTINDALE KRISTI Officer — 2025-11-21 00:00:00 D
5 15611 79817 — Sale at price 5.11 per share. GARAGIC DENIS Chief Technology Officer — 2025-11-21 00:00:00 D
6 3411 17440 — Sale at price 5.11 per share. SONNE STEPHEN Officer — 2025-11-21 00:00:00 D
7 2648 13539 — Sale at price 5.11 per share. THATCHER TREVOR Chief Financial Officer — 2025-11-21 00:00:00 D
8 3000 15569 — Purchase at price 5.19 per share. YOUNG MICHAEL T. Director — 2025-11-21 00:00:00 D
9 3000 15860 — Purchase at price 5.29 per share. WOLFF BENJAMIN G Chief Executive Officer — 2025-11-20 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.00-1.36M0.00
TaxRateForCalcs0.000.000.020.00
NormalizedEBITDA20.45M-40.85M-46.41M-79.93M
TotalUnusualItems-46.74M-37.78M-56.79M-533.00K
TotalUnusualItemsExcludingGoodwill-46.74M-37.78M-56.79M-533.00K
NetIncomeFromContinuingOperationNetMinorityInterest-72.62M-115.59M-157.13M-81.51M
ReconciledDepreciation825.00K4.38M3.59M531.00K
ReconciledCostOfRevenue2.66M3.49M10.21M3.34M
EBITDA-26.29M-78.64M-103.21M-80.46M
EBIT-27.11M-83.01M-106.80M-80.99M
NetInterestIncome1.24M3.29M1.83M-34.00K
InterestIncome1.24M3.29M1.83M
NormalizedIncome-25.87M-77.81M-101.70M-80.97M
NetIncomeFromContinuingAndDiscontinuedOperation-72.62M-115.59M-157.13M-81.51M
TotalExpenses34.90M89.16M121.37M86.07M
TotalOperatingIncomeAsReported-26.92M-120.96M-177.04M-80.99M
DilutedAverageShares26.77M25.64M24.47M18.86M
BasicAverageShares26.77M25.64M24.47M18.86M
DilutedEPS-2.71-4.51-6.42-4.32
BasicEPS-2.71-4.51-6.42-4.32
DilutedNIAvailtoComStockholders-72.62M-115.59M-157.13M-81.51M
NetIncomeCommonStockholders-72.62M-115.59M-157.13M-81.51M
NetIncome-72.62M-115.59M-157.13M-81.51M
NetIncomeIncludingNoncontrollingInterests-72.62M-115.59M-157.13M-81.51M
NetIncomeContinuousOperations-72.62M-115.59M-157.13M-81.51M
TaxProvision5.00K7.00K-3.89M1.00K
PretaxIncome-72.61M-115.59M-161.02M-81.51M
OtherIncomeExpense-46.74M-35.87M-56.05M-482.00K
OtherNonOperatingIncomeExpenses2.00K1.91M743.00K51.00K
SpecialIncomeCharges192.00K-37.95M-70.24M4.39M
OtherSpecialCharges23.20M-4.39M
WriteOff11.35M0.00
ImpairmentOfCapitalAssets0.0070.24M0.00
RestructuringAndMergernAcquisition3.40M
GainOnSaleOfSecurity-46.94M162.00K13.44M-4.93M
NetNonOperatingInterestIncomeExpense1.24M3.29M1.83M-34.00K
TotalOtherFinanceCost-1.83M34.00K
InterestIncomeNonOperating1.24M3.29M1.83M
OperatingIncome-27.11M-83.01M-106.80M-80.99M
OperatingExpense31.41M84.11M109.76M82.20M
DepreciationAmortizationDepletionIncomeStatement0.002.82M2.18M0.00
DepreciationAndAmortizationInIncomeStatement0.002.82M2.18M0.00
Amortization0.002.82M2.18M0.00
AmortizationOfIntangiblesIncomeStatement0.002.82M2.18M0.00
ResearchAndDevelopment10.44M39.01M34.14M17.52M
SellingGeneralAndAdministration20.98M42.28M73.43M64.68M
SellingAndMarketingExpense4.13M10.83M9.95M6.62M
GeneralAndAdministrativeExpense16.84M31.45M63.48M58.06M
OtherGandA16.84M31.45M63.48M58.06M
GrossProfit4.30M1.10M2.96M1.21M
CostOfRevenue3.49M5.04M11.61M3.87M
TotalRevenue7.79M6.15M14.57M5.08M
OperatingRevenue7.79M6.15M14.57M5.08M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber33.88M25.88M25.71M22.95M
ShareIssued33.88M25.88M25.71M22.95M
TotalDebt11.04M12.40M13.28M7.00K
TangibleBookValue-9.53M40.91M125.33M213.96M
InvestedCapital-9.53M40.91M144.45M213.96M
WorkingCapital38.30M36.61M118.57M222.17M
NetTangibleAssets-9.53M40.91M125.33M213.96M
CapitalLeaseObligations11.04M12.40M13.28M7.00K
CommonStockEquity-9.53M40.91M144.45M213.96M
TotalCapitalization-9.53M40.91M144.45M213.96M
TotalEquityGrossMinorityInterest-9.53M40.91M144.45M213.96M
MinorityInterest0.00
StockholdersEquity-9.53M40.91M144.45M213.96M
GainsLossesNotAffectingRetainedEarnings6.00K3.00K-17.00K0.00
OtherEquityAdjustments6.00K3.00K-17.00K
RetainedEarnings-490.83M-418.21M-302.62M-145.49M
AdditionalPaidInCapital481.29M459.11M447.08M359.44M
CapitalStock3.00K3.00K3.00K14.00K
CommonStock3.00K3.00K3.00K14.00K
TotalLiabilitiesNetMinorityInterest65.79M19.52M23.18M21.86M
TotalNonCurrentLiabilitiesNetMinorityInterest61.35M11.06M12.64M15.70M
DerivativeProductLiabilities51.40M29.00K253.00K13.70M
EmployeeBenefits0.00
NonCurrentDeferredLiabilities0.001.99M
LongTermDebtAndCapitalLeaseObligation9.96M11.04M12.39M7.00K
LongTermCapitalLeaseObligation9.96M11.04M12.39M7.00K
CurrentLiabilities4.43M8.46M10.53M6.16M
OtherCurrentLiabilities1.38M1.04M
CurrentDeferredLiabilities744.00K75.00K
CurrentDeferredRevenue744.00K75.00K
CurrentDebtAndCapitalLeaseObligation1.08M1.36M887.00K
CurrentCapitalLeaseObligation1.08M1.36M887.00K0.00
PayablesAndAccruedExpenses2.61M7.02M9.64M5.12M
CurrentAccruedExpenses2.17M5.73M6.03M3.44M
Payables435.00K1.29M3.62M1.68M
TotalTaxPayable2.51M
AccountsPayable435.00K1.29M3.62M1.68M
TotalAssets56.25M60.43M167.62M235.82M
TotalNonCurrentAssets13.52M15.36M38.53M7.49M
OtherNonCurrentAssets438.00K429.00K487.00K441.00K
GoodwillAndOtherIntangibleAssets0.0019.12M0.00
OtherIntangibleAssets19.12M
NetPPE13.09M14.93M18.92M7.05M
AccumulatedDepreciation-3.01M-4.27M-2.63M-1.24M
GrossPPE16.10M19.20M21.55M8.29M
Leases3.93M4.46M4.44M3.89M
ConstructionInProgress0.00872.00K
OtherProperties8.84M10.09M11.28M876.00K
MachineryFurnitureEquipment3.33M4.65M5.82M3.52M
Properties0.000.000.000.00
CurrentAssets42.73M45.06M129.10M228.33M
OtherCurrentAssets908.00K1.45M1.59M4.25M
PrepaidAssets367.00K873.00K3.42M4.96M
Inventory71.00K1.06M3.56M1.01M
FinishedGoods0.001.06M1.30M507.00K
WorkInProcess0.00180.00K41.00K
RawMaterials71.00K0.002.08M458.00K
Receivables1.31M2.59M6.03M1.01M
OtherReceivables1.18M2.03M4.16M221.00K
AccountsReceivable134.00K555.00K1.87M788.00K
AllowanceForDoubtfulAccountsReceivable-300.000.00
GrossAccountsReceivable134.30K555.00K
CashCashEquivalentsAndShortTermInvestments40.07M39.09M114.50M217.11M
OtherShortTermInvestments8.88M15.95M79.34M0.00
CashAndCashEquivalents31.19M23.14M35.16M217.11M
CashEquivalents12.93M4.97M
CashFinancial18.26M18.17M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-22.89M-77.40M-66.89M-46.79M
RepurchaseOfCapitalStock-105.00K-78.00K-8.11M-284.00K
RepaymentOfDebt-3.00K-4.00K-95.00K-89.00K
IssuanceOfDebt0.002.00M
IssuanceOfCapitalStock20.03M0.000.00220.00M
CapitalExpenditure-265.00K-782.00K-1.50M-4.69M
InterestPaidSupplementalData0.006.00K11.00K
IncomeTaxPaidSupplementalData10.00K7.00K0.002.00K
EndCashPosition31.19M23.14M35.16M217.11M
BeginningCashPosition23.14M35.16M217.11M33.66M
ChangesInCash8.05M-12.02M-181.96M183.45M
FinancingCashFlow23.80M-82.00K-7.52M230.24M
CashFlowFromContinuingFinancingActivities23.80M-82.00K-7.52M230.24M
NetOtherFinancingCharges-682.00K8.59M
ProceedsFromStockOptionExercised4.56M0.00683.00K26.00K
NetCommonStockIssuance19.92M-78.00K-8.11M219.72M
CommonStockPayments-105.00K-78.00K-8.11M-284.00K
CommonStockIssuance20.03M0.000.00220.00M
NetIssuancePaymentsOfDebt-3.00K-4.00K-95.00K1.91M
NetShortTermDebtIssuance0.002.00M
ShortTermDebtIssuance0.002.00M
NetLongTermDebtIssuance-3.00K-4.00K-95.00K-89.00K
LongTermDebtPayments-3.00K-4.00K-95.00K-89.00K
LongTermDebtIssuance2.00M
InvestingCashFlow6.88M64.68M-109.05M-4.69M
CashFlowFromContinuingInvestingActivities6.88M64.68M-109.05M-4.69M
NetInvestmentPurchaseAndSale7.14M65.46M-77.86M0.00
SaleOfInvestment16.00M130.00M100.00M0.00
PurchaseOfInvestment-8.86M-64.54M-177.86M0.00
NetBusinessPurchaseAndSale0.00-29.69M0.00
PurchaseOfBusiness0.00-29.69M0.00
NetPPEPurchaseAndSale-265.00K-782.00K-1.50M-4.69M
PurchaseOfPPE-265.00K-782.00K-1.50M-4.69M
OperatingCashFlow-22.63M-76.62M-65.39M-42.10M
CashFlowFromContinuingOperatingActivities-22.63M-76.62M-65.39M-42.10M
ChangeInWorkingCapital-785.00K-5.33M-2.80M-4.78M
ChangeInOtherWorkingCapital977.00K
ChangeInOtherCurrentLiabilities-1.08M-1.35M-4.62M628.00K
ChangeInOtherCurrentAssets1.24M1.25M960.00K-148.00K
ChangeInPayablesAndAccruedExpense-3.98M-2.07M741.00K2.86M
ChangeInAccruedExpense-3.16M253.00K-798.00K2.62M
ChangeInPayable-819.00K-2.33M1.54M244.00K
ChangeInAccountPayable-819.00K-2.33M1.54M244.00K
ChangeInPrepaidAssets1.05M2.17M4.44M-8.08M
ChangeInInventory994.00K-8.76M-2.09M-299.00K
ChangeInReceivables991.00K3.44M-2.23M261.00K
ChangesInAccountReceivables136.00K1.31M-257.00K263.00K
OtherNonCashItems-4.39M
StockBasedCompensation2.81M12.04M35.65M43.12M
ProvisionandWriteOffofAssets285.00K0.00
AssetImpairmentCharge0.0030.10M70.24M0.00
AmortizationOfSecurities-75.00K-2.06M-1.49M0.00
DepreciationAmortizationDepletion825.00K4.38M3.59M531.00K
DepreciationAndAmortization825.00K4.38M3.59M531.00K
AmortizationCashFlow0.002.82M2.18M0.00
AmortizationOfIntangibles0.002.82M2.18M0.00
Depreciation825.00K1.55M1.41M531.00K
OperatingGainsLosses46.94M-162.00K-13.44M533.00K
GainLossOnInvestmentSecurities46.94M-162.00K-13.44M4.93M
NetIncomeFromContinuingOperations-72.62M-115.59M-157.13M-81.51M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for PDYN
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