Northland Securities Weighs in on Palladyne AI Q1 Earnings

Palladyne AI Corp. (NASDAQ:PDYN) – Analysts at Northland Securities issued their Q1 2026 earnings per share (EPS) estimates for Palladyne AI in a report issued on Wednesday, April 1st. Northland Securities analyst M. Latimore expects that the company will post earnings of ($0.24) per share for the quarter. Northland Securities has a “Outperform” rating and a $10.00 price target on the stock. Northland Securities also issued estimates for Palladyne AI’s Q2 2026 earnings at ($0.23) EPS, Q3 2026 earnings at ($0.22) EPS, Q4 2026 earnings at ($0.19) EPS, FY2026 earnings at ($0.86) EPS, Q1 2027 earnings at ($0.19) EPS, Q2 2027 earnings at ($0.19) EPS, Q3 2027 earnings at ($0.18) EPS, Q4 2027 earnings at ($0.21) EPS and FY2027 earnings at ($0.77) EPS.

Palladyne AI (NASDAQ:PDYN) last posted its quarterly 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 return on equity of 8.82% and a net margin of 191.37%.The firm had revenue of $1.66 million for the quarter, compared to analyst estimates of $0.81 million.

Several other brokerages have also weighed in on PDYN. Jefferies Financial Group upped their target price on Palladyne AI from $7.00 to $8.00 and gave the stock a “hold” rating in a research report on Tuesday, March 10th. Wall Street Zen lowered Palladyne AI from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings raised Palladyne AI from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Thursday, March 5th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $9.00.

Palladyne AI Price Performance

Shares of PDYN stock opened at $6.45 on Thursday. Palladyne AI has a fifty-two week low of $4.14 and a fifty-two week high of $13.00. The stock’s 50-day moving average is $6.85 and its two-hundred day moving average is $6.80. The firm has a market cap of $299.86 million, a P/E ratio of 29.32 and a beta of 3.75.

Institutional Trading of Palladyne AI

Several large investors have recently made changes to their positions in PDYN. Quarry LP bought a new stake in shares of Palladyne AI during the 3rd quarter worth about $28,000. Osaic Holdings Inc. boosted its stake 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 acquiring an additional 2,474 shares in the last quarter. Boothbay Fund Management LLC bought a new stake in shares of Palladyne AI during the 4th quarter worth about $44,000. Caitong International Asset Management Co. Ltd boosted its stake 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 acquiring an additional 6,343 shares in the last quarter. Finally, Atom Investors LP bought a new stake in shares of Palladyne AI during the 4th quarter worth about $56,000. Institutional investors own 26.02% of the company’s stock.

Insiders Place Their Bets

In other news, CTO Denis Garagic sold 12,945 shares of the company’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 $97,734.75. Following the completion of the sale, the chief technology officer owned 592,284 shares in the company, valued at approximately $4,471,744.20. This represents a 2.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Trevor Thatcher sold 7,649 shares of the company’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 $57,749.95. Following the sale, the chief financial officer owned 183,288 shares of the company’s stock, valued at approximately $1,383,824.40. This trade represents a 4.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 27,396 shares of company stock valued at $206,840 in the last three months. Insiders own 13.40% of the company’s stock.

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.