Critical Review: Palladyne AI (PDYN) & Its Peers

Palladyne AI (NASDAQ:PDYN) is one of 25 public companies in the “General industrial machinery,” industry, but how does it contrast to its rivals? We will compare Palladyne AI to similar companies based on the strength of its risk, profitability, analyst recommendations, dividends, institutional ownership, earnings and valuation.

Profitability

This table compares Palladyne AI and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Palladyne AI	-1,390.02%	-74.87%	-57.30%
Palladyne AI Competitors	-284.56%	-485.82%	-30.04%

Insider & Institutional Ownership

26.0% of Palladyne AI shares are owned by institutional investors. Comparatively, 47.1% of shares of all “General industrial machinery,” companies are owned by institutional investors. 12.0% of Palladyne AI shares are owned by insiders. Comparatively, 11.3% of shares of all “General industrial machinery,” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Valuation & Earnings

This table compares Palladyne AI and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Palladyne AI	$7.29 million	-$115.59 million	-0.49
Palladyne AI Competitors	$1.13 billion	-$10.65 million	-23.73

Palladyne AI’s rivals have higher revenue and earnings than Palladyne AI. Palladyne AI is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Risk & Volatility

Palladyne AI has a beta of 3.36, meaning that its stock price is 236% more volatile than the S&P 500. Comparatively, Palladyne AI’s rivals have a beta of 1.18, meaning that their average stock price is 18% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations for Palladyne AI and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Palladyne AI	0	0	0	0	N/A
Palladyne AI Competitors	95	281	384	9	2.40

As a group, “General industrial machinery,” companies have a potential upside of 29.52%. Given Palladyne AI’s rivals higher probable upside, analysts plainly believe Palladyne AI has less favorable growth aspects than its rivals.

Summary

Palladyne AI rivals beat Palladyne AI on 6 of the 10 factors compared.

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. It serves customers from various industries, such as industrial manufacturing, warehousing and logistics, defense, infrastructure maintenance and repair, energy, aerospace and aviation, and others. 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. was founded in 2017 and is headquartered in Salt Lake City, Utah.