PDYN
Palladyne AI Corp.

Palladyne AI Corp.PDYN

Technology · Software - Infrastructure
3.02USD
+11.65%
Nov 08, 2026
PDYN overview ready
Autonomy Software and Defense Systems Enabler for Collaborative Unmanned Platforms
Palladyne is an autonomy-software and defense-systems enabler: it is commercializing embodied-AI and collaborative-swarming software while also supplying UAV, avionics, engineering, and precision-manufacturing capabilities.
Primary theme is lagging
Robotics / Automation is lagging (-6.7pp vs SPY over 21 sessions; 3 of 10 members ahead of SPY).
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash it currently generates.
Fundamentals not measured
Primary risk
Dependence on defense contract funding and procurement cycles.
Market Nov 6Filing Jun 30Price action Nov 7Research Sep 29

Conviction Level

PriceAction1.4BusinessPerformance—BusinessQuality—Valuation2.1ThemeMomentum1.0A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
−6.7pp
Theme return
−11.7%
Beating SPY
3 of 10
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$149.0M
Avg Volume (60D)
893.4K
60 sessions
Revenue Growth YoY
-32.6%
FY2025 vs FY2024
Gross Margin
+28.7%
Operating Margin
-360.7%
Trailing twelve months
Free Cash Flow Yield
-24.6%
Distance from 200DMA
-49.9%
Next Earnings
2026-11-10
P/E
N/M
Market metrics as of Nov 6, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Business Performance

Insufficient evidence

A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Latest reported: Q2 FY2026, ended Jun 30
Revenue growthNot enough data
+470%
$5.8M in Q2 FY2026 · YoY
YoY growth, last 4 quarters
  1. n/a
  2. n/a
  3. +107%
  4. +470%
Earnings growthLoss widening
-$0.27
Diluted EPS -$0.27 vs -$0.20 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginNot enough data
-231.9%
No year-ago comparison

Business Quality

Not assessed

Not assessed yet — the business is too early-stage for its economics to show in filings.

Fundamentals & Valuation

One of the two valuation perspectives says expensive; intrinsic is the dissenting view.
Palladyne AI Corp. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash it currently generates.

What changed

  • PDYN rose 11.7% in one session
    PDYN closed +11.7% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
Palladyne is an autonomy-software and defense-systems enabler: it is commercializing embodied-AI and collaborative-swarming software while also supplying UAV, avionics, engineering, and precision-manufacturing capabilities.
Opportunity
High opportunity
Defense procurement and deployment of AI-enabled autonomy software, mission systems, and multi-platform coordination that enable attritable unmanned systems to operate collaboratively across air, land, maritime, and public-safety missions.
Key risk
Dependence on defense contract funding and procurement cycles.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Software - Infrastructure
What they do

Palladyne AI Corp. develops embodied artificial intelligence software and collaborative autonomy solutions that enable robotic systems to perceive, learn, and adapt in real time without extensive programming. It operates primarily in the defense and industrial sectors within the United States.

How it earns

The company generates revenue through project-based contracts and sales of AI software and defense-related hardware solutions.

Products & services
Embodied AI software
Collaborative autonomy solutions
UAV and avionics systems
Precision manufacturing and engineering services
Customers & end markets
Defense and military agencies
Industrial automation sectors
Public safety organizations
Market position

Niche player specializing in embodied AI and collaborative autonomy software within defense and industrial applications.

Demand drivers
High cyclicality

Driven by defense spending cycles and government contract awards.