Palladyne AI Corp (NASDAQ:PDYN) shares are up on Thursday following the company’s announcement of a strong revenue outlook for 2026.
The stock’s rise comes as the company reported a projected revenue growth of 357% to 415% year-over-year, which is contributing positively to investor sentiment amidst broader market trends.
Palladyne AI is a U.S.-based technology company developing embodied artificial intelligence, collaborative autonomy solutions, advanced avionics, autonomous systems, advanced UAV engineering services, and precision-manufactured components for defense and industrial markets.
Clocks 118% Jump In Sales
Palladyne AI reported a fourth-quarter adjusted loss of 16 cents, missing the consensus loss of 14 cents per share.
The company’s sales reached $1.66 million, up 118% year over year, beating the consensus of $809 thousand.
Sales Outlook For 2026
Palladyne AI reiterated its full-year 2026 revenue guidance of $24 million to $27 million, indicating significant …