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Palladyne AI (STRC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChart

STRC Stock Forecast

Palladyne AI stock forecast is as follows: an average price target of $252.00 (represents a 18990.91% upside from STRC’s last price of $1.32) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

STRC Price Target

The average price target for Palladyne AI (STRC) is $252.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $252.00 to $252.00. This represents a potential 18990.91% upside from STRC's last price of $1.32.

STRC Analyst Ratings

Buy

According to 1 Wall Street analysts, Palladyne AI's rating consensus is 'Buy'. The analyst rating breakdown for STRC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Palladyne AI Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 12, 2022Credit Suisse$252.00$111.42126.17%18990.91%

The latest Palladyne AI stock forecast, released on May 12, 2022 by Credit Suisse company, set a price target of $252.00, which represents a 126.17% increase from the stock price at the time of the forecast ($111.42), and a 18990.91% increase from STRC last price ($1.32).

Palladyne AI Price Target by Period

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$1.32$1.32$1.32
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Palladyne AI stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Palladyne AI's last price of $1.32. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2021JefferiesBuyInitialise

Palladyne AI's last stock rating was published by Jefferies on Oct 14, 2021. The company Initialise its STRC rating from "null" to "Buy".

Palladyne AI Financial Forecast

Palladyne AI Revenue Forecast

Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21
Revenue-------$2.30M$6.12M--$743.00K$1.00M-
Avg Forecast$-50.50M$35.00M$22.00M$15.50M$1.00M$1.10M$2.07M$3.18M$5.62M$5.02M$1.92M$1.19M$1.35M$1.50M
High Forecast$-50.50M$35.00M$22.00M$15.50M$1.15M$1.15M$2.07M$3.18M$5.62M$5.02M$1.92M$1.19M$1.35M$1.50M
Low Forecast$-50.50M$35.00M$22.00M$15.50M$854.52K$1.05M$2.07M$3.18M$5.62M$5.02M$1.92M$1.19M$1.35M$1.50M
# Analysts-1111111111111
Surprise %-------0.72%1.09%--0.62%0.74%-

Palladyne AI's average Quarter revenue forecast for Jul 23 based on 1 analysts is $2.07M, with a low forecast of $2.07M, and a high forecast of $2.07M. STRC's average Quarter revenue forecast represents a -9.99% decrease compared to the company's last Quarter revenue of $2.30M (Mar 23).

Palladyne AI EBITDA Forecast

Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21
# Analysts-1111111111111
EBITDA-------$-21.51M$44.68M--$-31.77M$-33.85M-
Avg Forecast$50.50M$-35.00M$-22.00M$-15.50M$-1.00M$-1.10M$-2.07M$-3.18M$-5.62M$-5.02M$-1.92M$-1.19M$-1.35M$-24.44M
High Forecast$50.50M$-35.00M$-22.00M$-15.50M$-854.52K$-1.05M$-2.07M$-3.18M$-5.62M$-5.02M$-1.92M$-1.19M$-1.35M$-19.55M
Low Forecast$50.50M$-35.00M$-22.00M$-15.50M$-1.15M$-1.15M$-2.07M$-3.18M$-5.62M$-5.02M$-1.92M$-1.19M$-1.35M$-29.33M
Surprise %-------6.76%-7.95%--26.63%25.03%-

1 analysts predict STRC's average Quarter EBITDA for Mar 23 to be $-3.18M, with a high of $-3.18M and a low of $-3.18M. This is -107.12% lower than Palladyne AI's previous annual EBITDA (Dec 22) of $44.68M.

Palladyne AI Net Income Forecast

Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21
# Analysts-1111111111111
Net Income-------$-20.20M$-92.31M--$-12.29M$-34.06M-
Avg Forecast$-1.55M$-15.79M$-12.42M$-10.87M$-11.39M$-15.27M$-17.42M$-19.41M$-22.73M$-16.65M$-15.55M$-14.46M$-11.21M$-24.66M
High Forecast$-1.55M$-15.79M$-12.42M$-10.87M$-11.39M$-15.27M$-17.42M$-19.41M$-22.73M$-16.65M$-15.55M$-14.46M$-11.21M$-19.73M
Low Forecast$-1.55M$-15.79M$-12.42M$-10.87M$-11.39M$-15.27M$-17.42M$-19.41M$-22.73M$-16.65M$-15.55M$-14.46M$-11.21M$-29.59M
Surprise %-------1.04%4.06%--0.85%3.04%-

Palladyne AI's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. STRC's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Palladyne AI SG&A Forecast

Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21
# Analysts-1111111111111
SG&A-------$13.48M$15.64M--$20.00M$21.47M-
Avg Forecast$-270.48M$187.46M$117.83M$83.02M$5.36M$5.89M$11.07M$17.03M$30.11M$26.91M$10.29M$6.39M$7.24M$8.03M
High Forecast$-270.48M$187.46M$117.83M$83.02M$6.14M$6.16M$11.07M$17.03M$30.11M$26.91M$10.29M$6.39M$7.24M$8.03M
Low Forecast$-270.48M$187.46M$117.83M$83.02M$4.58M$5.62M$11.07M$17.03M$30.11M$26.91M$10.29M$6.39M$7.24M$8.03M
Surprise %-------0.79%0.52%--3.13%2.96%-

Palladyne AI's average Quarter SG&A projection for Jul 23 is $11.07M, based on 1 Wall Street analysts, with a range of $11.07M to $11.07M. The forecast indicates a -17.86% fall compared to STRC last annual SG&A of $13.48M (Mar 23).

Palladyne AI EPS Forecast

Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21
# Analysts-1111111111111
EPS-------$-0.13$-0.61--$-0.09$-0.25-
Avg Forecast$-0.06$-0.61$-0.48$-0.42$-0.44$-0.59$-0.67$-0.75$-0.88$-0.64$-0.60$-0.56$-0.43$-0.36
High Forecast$-0.06$-0.61$-0.48$-0.42$-0.44$-0.59$-0.67$-0.75$-0.88$-0.64$-0.60$-0.56$-0.43$-0.36
Low Forecast$-0.06$-0.61$-0.48$-0.42$-0.44$-0.59$-0.67$-0.75$-0.88$-0.64$-0.60$-0.56$-0.43$-0.36
Surprise %-------0.17%0.69%--0.16%0.58%-

According to undefined Wall Street analysts, Palladyne AI's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to STRC previous annual EPS of $NaN (undefined).

Palladyne AI Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LIDRAEye$1.30$12.00823.08%Buy
CELUCelularity$2.20$3.0036.36%Hold
MKFGMarkforged$3.75$4.006.67%Hold

STRC Forecast FAQ

Is Palladyne AI a good buy?

Yes, according to 1 Wall Street analysts, Palladyne AI (STRC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of STRC's total ratings.

What is STRC's price target?

Palladyne AI (STRC) average price target is $252 with a range of $252 to $252, implying a 18990.91% from its last price of $1.32. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Palladyne AI stock go up soon?

According to Wall Street analysts' prediction for STRC stock, the company can go up by 18990.91% (from the last price of $1.32 to the average price target of $252), up by 18990.91% based on the highest stock price target, and up by 18990.91% based on the lowest stock price target.

Can Palladyne AI stock reach $2?

STRC's average twelve months analyst stock price target of $252 supports the claim that Palladyne AI can reach $2 in the near future.

What are Palladyne AI's analysts' financial forecasts?

Palladyne AI's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $7.35M (high $7.54M, low $7.15M), average EBITDA is $-7.347M (high $-7.15M, low $-7.543M), average net income is $-63.486M (high $-63.486M, low $-63.486M), average SG&A $39.35M (high $40.4M, low $38.3M), and average EPS is $-2.453 (high $-2.453, low $-2.453). STRC's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $22M (high $22M, low $22M), average EBITDA is $-22M (high $-22M, low $-22M), average net income is $-40.63M (high $-40.63M, low $-40.63M), average SG&A $117.83M (high $117.83M, low $117.83M), and average EPS is $-1.57 (high $-1.57, low $-1.57).

Did the STRC's actual financial results beat the analysts' financial forecasts?

Based on Palladyne AI's last annual report (Dec 2022), the company's revenue was $14.57M, beating the average analysts forecast of $13.76M by 5.88%. Apple's EBITDA was $-46.415M, beating the average prediction of $-13.76M by 237.32%. The company's net income was $-157M, beating the average estimation of $-69.397M by 126.42%. Apple's SG&A was $73.43M, missing the average forecast of $73.7M by -0.37%. Lastly, the company's EPS was $-1.07, missing the average prediction of $-2.682 by -60.10%. In terms of the last quarterly report (Mar 2023), Palladyne AI's revenue was $2.3M, missing the average analysts' forecast of $3.18M by -27.80%. The company's EBITDA was $-21.508M, beating the average prediction of $-3.18M by 576.35%. Palladyne AI's net income was $-20.2M, beating the average estimation of $-19.414M by 4.05%. The company's SG&A was $13.48M, missing the average forecast of $17.03M by -20.88%. Lastly, the company's EPS was $-0.13, missing the average prediction of $-0.75 by -82.67%