PDYN Chart
About

Palladyne AI Corp., a technology company, develops and offers embodied artificial intelligence software and collaborative autonomy solutions in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) Foundational Technology enables robots to observe, learn, reason, and act in unstructured. 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 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 309.66M
Enterprise Value 274.31M Income 10.04M Sales 5.25M
Book/sh 1.62 Cash/sh 1.01 Dividend Yield
Payout 0.00% Employees 161 IPO
P/E 27.75 Forward P/E -19.59 PEG
P/S 59.03 P/B 4.11 P/C
EV/EBITDA -8.76 EV/Sales 52.29 Quick Ratio 8.93
Current Ratio 9.28 Debt/Eq 15.68 LT Debt/Eq
EPS (ttm) 0.24 EPS next Y -0.34 EPS Growth
Revenue Growth 118.30% Earnings 2026-05-06 ROA -26.65%
ROE 30.82% ROIC Gross Margin 48.72%
Oper. Margin -5.61% Profit Margin 191.37% Shs Outstand 46.49M
Shs Float 34.08M Short Float 17.93% Short Ratio 1.37
Short Interest 52W High 13.00 52W Low 4.14
Beta 3.78 Avg Volume 4.35M Volume 2.09M
Target Price $9.50 Recom Buy Prev Close $6.93
Price $6.66 Change -3.90%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.50
Mean price target
2. Current target
$6.66
Latest analyst target
3. DCF / Fair value
$-6.65
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.66
Low
$8.00
High
$11.00
Mean
$9.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-10 main Jefferies Hold → Hold $8
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 12945 97735 Sale at price 7.55 per share. GARAGIC DENIS Chief Technology Officer 2026-03-12 00:00:00 D
1 6802 51355 Sale at price 7.55 per share. SONNE STEPHEN Officer 2026-03-12 00:00:00 D
2 7649 57750 Sale at price 7.55 per share. THATCHER TREVOR Chief Financial Officer 2026-03-12 00:00:00 D
3 35000 Stock Award(Grant) at price 0.00 per share. GARAGIC DENIS Chief Technology Officer 2026-03-10 00:00:00 D
4 25000 Stock Award(Grant) at price 0.00 per share. SONNE STEPHEN Officer 2026-03-10 00:00:00 D
5 25000 Stock Award(Grant) at price 0.00 per share. THATCHER TREVOR Chief Financial Officer 2026-03-10 00:00:00 D
6 346 1573 Stock Award(Grant) at price 4.55 per share. MARTINDALE KRISTI Officer 2025-12-01 00:00:00 D
7 981 4461 Stock Award(Grant) at price 4.55 per share. GARAGIC DENIS Chief Technology Officer 2025-12-01 00:00:00 D
8 1000 4548 Stock Award(Grant) at price 4.55 per share. SONNE STEPHEN Officer 2025-12-01 00:00:00 D
9 1000 4548 Stock Award(Grant) at price 4.55 per share. THATCHER TREVOR Chief Financial Officer 2025-12-01 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems7.93M-9.82M0.00-1.36M
TaxRateForCalcs0.210.210.000.02
NormalizedEBITDA-69.05M20.45M-40.85M-46.41M
TotalUnusualItems37.74M-46.74M-37.78M-56.79M
TotalUnusualItemsExcludingGoodwill37.74M-46.74M-37.78M-56.79M
NetIncomeFromContinuingOperationNetMinorityInterest10.04M-72.62M-115.59M-157.13M
ReconciledDepreciation1.09M825.00K4.38M3.59M
ReconciledCostOfRevenue1.72M2.66M3.49M10.21M
EBITDA-31.31M-26.29M-78.64M-103.21M
EBIT-32.40M-27.11M-83.01M-106.80M
NetInterestIncome1.94M1.24M3.29M1.83M
InterestIncome1.94M1.24M3.29M1.83M
NormalizedIncome-19.78M-35.69M-77.81M-101.70M
NetIncomeFromContinuingAndDiscontinuedOperation10.04M-72.62M-115.59M-157.13M
TotalExpenses37.65M34.90M89.16M121.37M
TotalOperatingIncomeAsReported-32.40M-26.92M-120.96M-177.04M
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
DilutedNIAvailtoComStockholders10.04M-72.62M-115.59M-157.13M
NetIncomeCommonStockholders10.04M-72.62M-115.59M-157.13M
NetIncome10.04M-72.62M-115.59M-157.13M
NetIncomeIncludingNoncontrollingInterests10.04M-72.62M-115.59M-157.13M
NetIncomeContinuousOperations10.04M-72.62M-115.59M-157.13M
TaxProvision-2.54M5.00K7.00K-3.89M
PretaxIncome7.50M-72.61M-115.59M-161.02M
OtherIncomeExpense37.96M-46.74M-35.87M-56.05M
OtherNonOperatingIncomeExpenses221.00K2.00K1.91M743.00K
SpecialIncomeCharges0.00192.00K-37.95M-70.24M
OtherSpecialCharges23.20M-4.39M
WriteOff0.00-192.00K11.35M0.00
ImpairmentOfCapitalAssets0.0070.24M0.00
RestructuringAndMergernAcquisition3.40M
GainOnSaleOfSecurity37.74M-46.94M162.00K13.44M
NetNonOperatingInterestIncomeExpense1.94M1.24M3.29M1.83M
TotalOtherFinanceCost-1.83M34.00K
InterestIncomeNonOperating1.94M1.24M3.29M1.83M
OperatingIncome-32.40M-27.11M-83.01M-106.80M
OperatingExpense34.96M31.41M84.11M109.76M
DepreciationAmortizationDepletionIncomeStatement118.00K0.002.82M2.18M
DepreciationAndAmortizationInIncomeStatement118.00K0.002.82M2.18M
Amortization118.00K0.002.82M2.18M
AmortizationOfIntangiblesIncomeStatement118.00K0.002.82M2.18M
ResearchAndDevelopment12.90M10.44M39.01M34.14M
SellingGeneralAndAdministration21.94M20.98M42.28M73.43M
SellingAndMarketingExpense4.74M4.13M10.83M9.95M
GeneralAndAdministrativeExpense17.20M16.84M31.45M63.48M
OtherGandA17.20M16.84M31.45M63.48M
GrossProfit2.56M4.30M1.10M2.96M
CostOfRevenue2.69M3.49M5.04M11.61M
TotalRevenue5.25M7.79M6.15M14.57M
OperatingRevenue5.25M7.79M6.15M14.57M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber46.12M33.88M25.88M25.71M
ShareIssued46.12M33.88M25.88M25.71M
TotalDebt10.78M11.04M12.40M13.28M
TangibleBookValue49.51M-9.53M40.91M125.33M
InvestedCapital74.67M-9.53M40.91M144.45M
WorkingCapital46.89M38.30M36.61M118.57M
NetTangibleAssets49.51M-9.53M40.91M125.33M
CapitalLeaseObligations10.78M11.04M12.40M13.28M
CommonStockEquity74.67M-9.53M40.91M144.45M
TotalCapitalization74.67M-9.53M40.91M144.45M
TotalEquityGrossMinorityInterest74.67M-9.53M40.91M144.45M
MinorityInterest0.00
StockholdersEquity74.67M-9.53M40.91M144.45M
GainsLossesNotAffectingRetainedEarnings11.00K6.00K3.00K-17.00K
OtherEquityAdjustments11.00K6.00K3.00K-17.00K
RetainedEarnings-480.79M-490.83M-418.21M-302.62M
AdditionalPaidInCapital555.45M481.29M459.11M447.08M
CapitalStock5.00K3.00K3.00K3.00K
CommonStock5.00K3.00K3.00K3.00K
TotalLiabilitiesNetMinorityInterest21.04M65.79M19.52M23.18M
TotalNonCurrentLiabilitiesNetMinorityInterest15.37M61.35M11.06M12.64M
OtherNonCurrentLiabilities2.87M
DerivativeProductLiabilities2.77M51.40M29.00K253.00K
EmployeeBenefits0.00
NonCurrentDeferredLiabilities0.001.99M
LongTermDebtAndCapitalLeaseObligation9.72M9.96M11.04M12.39M
LongTermCapitalLeaseObligation9.72M9.96M11.04M12.39M
CurrentLiabilities5.67M4.43M8.46M10.53M
OtherCurrentLiabilities1.38M1.04M
CurrentDeferredLiabilities815.00K744.00K75.00K
CurrentDeferredRevenue815.00K744.00K75.00K
CurrentDebtAndCapitalLeaseObligation1.06M1.08M1.36M887.00K
CurrentCapitalLeaseObligation1.06M1.08M1.36M887.00K
PayablesAndAccruedExpenses3.79M2.61M7.02M9.64M
CurrentAccruedExpenses2.73M2.17M5.73M6.03M
Payables1.06M435.00K1.29M3.62M
TotalTaxPayable2.51M
AccountsPayable1.06M435.00K1.29M3.62M
TotalAssets95.71M56.25M60.43M167.62M
TotalNonCurrentAssets43.16M13.52M15.36M38.53M
OtherNonCurrentAssets460.00K438.00K429.00K487.00K
GoodwillAndOtherIntangibleAssets25.16M0.000.0019.12M
OtherIntangibleAssets10.43M19.12M
Goodwill14.73M0.00
NetPPE17.53M13.09M14.93M18.92M
AccumulatedDepreciation-3.80M-3.01M-4.27M-2.63M
GrossPPE21.33M16.10M19.20M21.55M
Leases4.12M3.93M4.46M4.44M
ConstructionInProgress682.00K0.000.00872.00K
OtherProperties9.64M8.84M10.09M11.28M
MachineryFurnitureEquipment5.05M3.33M4.65M5.82M
LandAndImprovements1.83M0.00
Properties0.000.000.000.00
CurrentAssets52.56M42.73M45.06M129.10M
OtherCurrentAssets1.65M1.27M1.45M1.59M
PrepaidAssets367.00K873.00K3.42M4.96M
Inventory339.00K71.00K1.06M3.56M
FinishedGoods28.00K0.001.06M1.30M
WorkInProcess311.00K0.000.00180.00K
RawMaterials0.0071.00K0.002.08M
Receivables3.51M1.31M2.59M6.03M
OtherReceivables2.46M1.18M2.03M4.16M
AccountsReceivable1.05M134.00K555.00K1.87M
AllowanceForDoubtfulAccountsReceivable0.00-300.000.00
GrossAccountsReceivable1.05M134.30K555.00K
CashCashEquivalentsAndShortTermInvestments47.05M40.07M39.09M114.50M
OtherShortTermInvestments28.84M8.88M15.95M79.34M
CashAndCashEquivalents18.22M31.19M23.14M35.16M
CashEquivalents12.93M4.97M
CashFinancial18.26M18.17M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-28.35M-22.89M-77.40M-66.89M
RepurchaseOfCapitalStock0.00-105.00K-78.00K-8.11M
RepaymentOfDebt-3.72M-3.00K-4.00K-95.00K
IssuanceOfDebt0.002.00M
IssuanceOfCapitalStock36.37M20.03M0.000.00
CapitalExpenditure-713.00K-265.00K-782.00K-1.50M
InterestPaidSupplementalData0.006.00K11.00K
IncomeTaxPaidSupplementalData2.00K10.00K7.00K0.00
EndCashPosition18.22M31.19M23.14M35.16M
BeginningCashPosition31.19M23.14M35.16M217.11M
ChangesInCash-12.97M8.05M-12.02M-181.96M
FinancingCashFlow39.25M23.80M-82.00K-7.52M
CashFlowFromContinuingFinancingActivities39.25M23.80M-82.00K-7.52M
NetOtherFinancingCharges-50.00K-682.00K8.59M
ProceedsFromStockOptionExercised6.64M4.56M0.00683.00K
NetCommonStockIssuance36.37M19.92M-78.00K-8.11M
CommonStockPayments0.00-105.00K-78.00K-8.11M
CommonStockIssuance36.37M20.03M0.000.00
NetIssuancePaymentsOfDebt-3.72M-3.00K-4.00K-95.00K
NetShortTermDebtIssuance0.002.00M
ShortTermDebtIssuance0.002.00M
NetLongTermDebtIssuance-3.72M-3.00K-4.00K-95.00K
LongTermDebtPayments-3.72M-3.00K-4.00K-95.00K
LongTermDebtIssuance2.00M
InvestingCashFlow-24.58M6.88M64.68M-109.05M
CashFlowFromContinuingInvestingActivities-24.58M6.88M64.68M-109.05M
NetInvestmentPurchaseAndSale-18.56M7.14M65.46M-77.86M
SaleOfInvestment57.00M16.00M130.00M100.00M
PurchaseOfInvestment-75.56M-8.86M-64.54M-177.86M
NetBusinessPurchaseAndSale-5.30M0.000.00-29.69M
PurchaseOfBusiness-5.30M0.000.00-29.69M
NetPPEPurchaseAndSale-713.00K-265.00K-782.00K-1.50M
PurchaseOfPPE-713.00K-265.00K-782.00K-1.50M
OperatingCashFlow-27.64M-22.63M-76.62M-65.39M
CashFlowFromContinuingOperatingActivities-27.64M-22.63M-76.62M-65.39M
ChangeInWorkingCapital-1.55M-785.00K-5.33M-2.80M
ChangeInOtherWorkingCapital977.00K
ChangeInOtherCurrentLiabilities-1.00M-1.08M-1.35M-4.62M
ChangeInOtherCurrentAssets1.00M1.24M1.25M960.00K
ChangeInPayablesAndAccruedExpense-1.61M-3.98M-2.07M741.00K
ChangeInAccruedExpense-904.00K-3.16M253.00K-798.00K
ChangeInPayable-708.00K-819.00K-2.33M1.54M
ChangeInAccountPayable-708.00K-819.00K-2.33M1.54M
ChangeInPrepaidAssets-132.00K1.05M2.17M4.44M
ChangeInInventory58.00K994.00K-8.76M-2.09M
ChangeInReceivables136.00K991.00K3.44M-2.23M
ChangesInAccountReceivables1.10M136.00K1.31M-257.00K
OtherNonCashItems-4.39M
StockBasedCompensation4.45M2.81M12.04M35.65M
ProvisionandWriteOffofAssets0.00285.00K0.00
AssetImpairmentCharge0.0030.10M70.24M0.00
AmortizationOfSecurities-1.39M-75.00K-2.06M-1.49M
DeferredTax-2.54M0.00
DeferredIncomeTax-2.54M0.00
DepreciationAmortizationDepletion1.09M825.00K4.38M3.59M
DepreciationAndAmortization1.09M825.00K4.38M3.59M
AmortizationCashFlow118.00K0.002.82M2.18M
AmortizationOfIntangibles118.00K0.002.82M2.18M
Depreciation974.00K825.00K1.55M1.41M
OperatingGainsLosses-37.74M46.94M-162.00K-13.44M
GainLossOnInvestmentSecurities-37.74M46.94M-162.00K-13.44M
NetIncomeFromContinuingOperations10.04M-72.62M-115.59M-157.13M
SEC Filings

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

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