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Stock impact report

A Look At Palladyne AI (PDYN) Valuation After Its Air Force HANGTIME Contract Win [Yahoo! Finance]

Palladyne AI Corp. - Common stock (PDYN) 
Company Research Source: Yahoo! Finance
Palladyne AI (PDYN) is back in focus after the Air Force Research Laboratory awarded the company the HANGTIME contract, using its SwarmOS platform to link autonomous systems across space, air, maritime, and land domains. See our latest analysis for Palladyne AI. The HANGTIME announcement has put a spotlight back on Palladyne AI, with a 38.14% 1 month share price return and a 38.14% year to date share price return contrasting with a 23.38% 1 year total shareholder return decline and a 49.49% 3 year total shareholder return gain. This suggests that momentum has recently picked up despite a mixed longer term record. If this kind of defense focused autonomy story interests you, it could be worth checking out aerospace and defense stocks as another way to spot companies linked to aerospace and defense themes. With the shares up sharply on the HANGTIME news, analysts' targets still sit above the current US$6.52 price. However, the company is loss making and recently filed a US$54.4 Show less Read more
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