Q3 EPS Estimates for Palladyne AI Boosted by Analyst

Posted by Stanley Muller on May 14th, 2026

Palladyne AI Corp. (NASDAQ:PDYN – Free Report) – Investment analysts at Northland Securities boosted their Q3 2026 earnings per share (EPS) estimates for Palladyne AI in a research report issued to clients and investors on Wednesday, May 6th. Northland Securities analyst M. Latimore now anticipates that the company will post earnings per share of ($0.21) for the quarter, up from their prior estimate of ($0.22). Northland Securities has a “Outperform” rating and a $10.00 price target on the stock. The consensus estimate for Palladyne AI’s current full-year earnings is ($0.86) per share. Northland Securities also issued estimates for Palladyne AI’s FY2026 earnings at ($0.87) EPS, Q1 2027 earnings at ($0.21) EPS, Q2 2027 earnings at ($0.18) EPS and FY2027 earnings at ($0.78) EPS.

Palladyne AI (NASDAQ:PDYN – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). Palladyne AI had a negative net margin of 358.04% and a negative return on equity of 49.17%. The firm had revenue of $3.54 million during the quarter, compared to analyst estimates of $4.93 million.

PDYN has been the topic of several other reports. Jefferies Financial Group reissued a “hold” rating and issued a $7.00 price objective on shares of Palladyne AI in a research report on Wednesday, May 6th. Alliance Global Partners reissued a “buy” rating on shares of Palladyne AI in a research report on Tuesday, May 5th. Zacks Research raised Palladyne AI to a “hold” rating in a research report on Wednesday, April 8th. Wall Street Zen lowered Palladyne AI from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Finally, Lake Street Capital started coverage on Palladyne AI in a research report on Friday, April 17th. They issued a “buy” rating and a $11.00 price objective on the stock. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $9.33.

Read Our Latest Research Report on Palladyne AI

Palladyne AI Trading Down 0.9%

Shares of Palladyne AI stock opened at $6.65 on Thursday. Palladyne AI has a twelve month low of $4.14 and a twelve month high of $13.00. The stock has a market capitalization of $309.19 million, a P/E ratio of -10.90 and a beta of 3.52. The business’s fifty day moving average price is $6.63 and its 200 day moving average price is $6.35.

Insider Activity at Palladyne AI

In other Palladyne AI news, CTO Denis Garagic sold 12,945 shares of Palladyne AI stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $7.55, for a total value of $97,734.75. Following the completion of the transaction, the chief technology officer directly owned 592,284 shares in the company, valued at $4,471,744.20. The trade was a 2.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Stephen Sonne sold 6,802 shares of Palladyne AI stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $7.55, for a total value of $51,355.10. Following the completion of the transaction, the insider owned 206,206 shares of the company’s stock, valued at approximately $1,556,855.30. The trade was a 3.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 27,396 shares of company stock valued at $206,840 over the last three months. 13.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Palladyne AI

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Palladyne AI by 26.0% in the third quarter. Vanguard Group Inc. now owns 1,528,052 shares of the company’s stock valued at $13,126,000 after acquiring an additional 315,660 shares during the period. Geode Capital Management LLC boosted its stake in Palladyne AI by 12.5% in the fourth quarter. Geode Capital Management LLC now owns 721,997 shares of the company’s stock valued at $3,077,000 after acquiring an additional 80,075 shares during the period. State Street Corp boosted its position in shares of Palladyne AI by 24.4% during the fourth quarter. State Street Corp now owns 588,570 shares of the company’s stock worth $2,507,000 after buying an additional 115,409 shares during the period. Millennium Management LLC boosted its position in shares of Palladyne AI by 767.3% during the third quarter. Millennium Management LLC now owns 565,693 shares of the company’s stock worth $4,859,000 after buying an additional 500,472 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of Palladyne AI by 96.5% during the third quarter. Raymond James Financial Inc. now owns 412,586 shares of the company’s stock worth $3,544,000 after buying an additional 202,571 shares during the period. 26.02% of the stock is currently owned by institutional investors and hedge funds.

Palladyne AI Company Profile

(Get Free Report)

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.