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$PDYN
Momentum can start with a breakout above the red diagonal resistance
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.