Palladyne AI (NASDAQ:PDYN) Rating Increased to Hold at Zacks Research

Key Points

• Zacks Research upgraded Palladyne AI (PDYN) to a "Hold", joining mixed analyst coverage that includes Northland's "Outperform" rating with a $10 target; the consensus analyst price target is $9.00.
• Q4 results beat estimates: Palladyne reported EPS of ($0.16) vs. ($0.18) expected and revenue of $1.66M vs. $0.81M expected, while shares traded around $6.43 with a market cap near $299M.
• Notable insider selling: Company insiders sold a total of 27,396 shares in the last 90 days (including two sales at $7.55), leaving insiders with 13.4% ownership while institutions hold about 26.02%.

Palladyne AI (NASDAQ:PDYN - Get Free Report) was upgraded by Zacks Research to a "hold" rating in a report issued on Wednesday,Zacks.com reports.

Other research analysts also recently issued research reports about the stock. Northland Securities initiated coverage on shares of Palladyne AI in a research note on Wednesday, April 1st. They set an "outperform" rating and a $10.00 price objective for the company. Wall Street Zen downgraded shares of Palladyne AI from a "hold" rating to a "sell" rating in a research note on Saturday, March 7th. Jefferies Financial Group upped their price objective on shares of Palladyne AI from $7.00 to $8.00 and gave the company a "hold" rating in a research note on Tuesday, March 10th. Finally, Weiss Ratings raised shares of Palladyne AI from a "sell (d-)" rating to a "hold (c-)" rating in a research note on Thursday, March 5th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $9.00.

Palladyne AI Trading Down 0.3%

Shares of PDYN stock opened at $6.43 on Wednesday. The firm has a 50-day moving average price of $6.84 and a 200 day moving average price of $6.80. Palladyne AI has a twelve month low of $4.14 and a twelve month high of $13.00. The company has a market capitalization of $298.93 million, a price-to-earnings ratio of 29.23 and a beta of 3.75.

Palladyne AI (NASDAQ:PDYN - Get Free Report) last announced its earnings results on Thursday, March 5th. The company reported ($0.16) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.02. Palladyne AI had a net margin of 191.37% and a return on equity of 8.82%. The firm had revenue of $1.66 million during the quarter, compared to the consensus estimate of $0.81 million.

Insider Activity

In other news, insider Stephen Sonne sold 6,802 shares of the business's stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $7.55, for a total transaction of $51,355.10. Following the completion of the sale, the insider owned 206,206 shares in the company, valued at approximately $1,556,855.30. The trade was a 3.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Denis Garagic sold 12,945 shares of the business's stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $7.55, for a total value of $97,734.75. Following the sale, the chief technology officer owned 592,284 shares of the company's stock, valued at $4,471,744.20. The trade was a 2.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 27,396 shares of company stock valued at $206,840 in the last 90 days. 13.40% of the stock is currently owned by insiders.

Institutional Trading of Palladyne AI

Institutional investors have recently modified their holdings of the company. Quarry LP purchased a new stake in shares of Palladyne AI during the 3rd quarter worth about $28,000. Osaic Holdings Inc. grew its holdings in shares of Palladyne AI by 94.3% during the 2nd quarter. Osaic Holdings Inc. now owns 5,098 shares of the company's stock worth $44,000 after purchasing an additional 2,474 shares during the period. Boothbay Fund Management LLC purchased a new stake in shares of Palladyne AI during the 4th quarter worth about $44,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of 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 worth $53,000 after purchasing an additional 6,343 shares during the period. Finally, Atom Investors LP purchased a new stake in shares of Palladyne AI during the 4th quarter worth about $56,000. Hedge funds and other institutional investors own 26.02% of the company's stock.

Key Palladyne AI News

Here are the key news stories impacting Palladyne AI this week:

• Positive Sentiment: Northland Securities reiterated an "Outperform" rating and a $10.00 price target while publishing quarterly and full‑year EPS estimates that show narrowing losses from FY2026 (-$0.86) to FY2027 (-$0.77). The coverage gives investors a buy case and a clear path to a higher target relative to the current price. MarketBeat: Palladyne AI analyst coverage
• Positive Sentiment: Macro/sector piece highlights accelerating tailwinds for autonomous drones — edge AI, swarm technology and rising defense budgets — which could lift demand and valuation multiples for companies in the space, including Palladyne. This framing supports a longer‑term growth narrative for PDYN. The Arms Race Has Gone Airborne: What Investors Need to Know
• Negative Sentiment: A published note reported on MSN indicates a price target cut (down ~14.3% to $12.24), which may create near‑term selling pressure or reduce upside expectations among investors who track third‑party targets. That haircut could offset some optimism from analyst coverage and sector narratives. Palladyne AI (PDYN) price target decreased by 14.29% to 12.24

Palladyne AI Company Profile

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.

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