2026-01-13 19:09:24

$PDYN

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Palladyne AI trades higher after raising 2026 revenue guidance

Palladyne AI (PDYN) stock was surging after the defense and industrial technology company raised its 2026 full-year revenue guidance.

For the full year ending December 31, 2026, the Salt Lake City-based company now expects to recognize revenue in the range of $24M to $27M, up from the prior guidance of ~$24M.

The consensus revenue estimate stands at $24.92M.

The 2026 guidance represents a growth of 336%-440% over the preliminary full-year 2025 revenue of $5.0M to $5.5M. The 2025 revenue consensus is $4.39M.

Palladyne said its 2026 guidance reflects a higher operating scale, compared to the preliminary 2025 revenue.

Additionally, the company reported a backlog of more than $13M as of December 31, 2025.

As of December 31, 2025, the company held ~$47M in cash and cash equivalents.

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