Palladyne AI (PDYN) versus Its Rivals Head to Head Review

Palladyne AI (NASDAQ:PDYN) is one of 25 public companies in the “General industrial machinery,” industry, but how does it contrast to its competitors? We will compare Palladyne AI to similar businesses based on the strength of its earnings, risk, analyst recommendations, institutional ownership, valuation, profitability and dividends.

Risk and Volatility

Palladyne AI has a beta of 3.42, suggesting that its stock price is 242% more volatile than the S&P 500. Comparatively, Palladyne AI’s competitors have a beta of 1.24, suggesting that their average stock price is 24% more volatile than the S&P 500.

Profitability

This table compares Palladyne AI and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Palladyne AI	-1,390.02%	-74.87%	-57.30%
Palladyne AI Competitors	-284.56%	-485.82%	-30.04%

Institutional and Insider Ownership

26.0% of Palladyne AI shares are owned by institutional investors. Comparatively, 47.1% of shares of all “General industrial machinery,” companies are owned by institutional investors. 12.0% of Palladyne AI shares are owned by insiders. Comparatively, 11.3% of shares of all “General industrial machinery,” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Valuation and Earnings

This table compares Palladyne AI and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Palladyne AI	$6.15 million	-$115.59 million	-0.40
Palladyne AI Competitors	$1.08 billion	-$10.65 million	-23.88

Palladyne AI’s competitors have higher revenue and earnings than Palladyne AI. Palladyne AI is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Palladyne AI and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Palladyne AI	0	0	0	0	N/A
Palladyne AI Competitors	95	273	380	8	2.40

As a group, “General industrial machinery,” companies have a potential upside of 25.88%. Given Palladyne AI’s competitors higher probable upside, analysts clearly believe Palladyne AI has less favorable growth aspects than its competitors.

Summary

Palladyne AI competitors beat Palladyne AI on 6 of the 10 factors compared.

About Palladyne AI

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. It serves customers from various industries, such as industrial manufacturing, warehousing and logistics, defense, infrastructure maintenance and repair, energy, aerospace and aviation, and others. The company was formerly known as Sarcos Technology and Robotics Corporation and changed its name to Palladyne AI Corp. in March 2024. Palladyne AI Corp. was founded in 2017 and is headquartered in Salt Lake City, Utah.