STRC, US80359A2050

Palladyne AI stock: MarketBeat cites six analysts at USD 11.00 for Palladyne AI stock

Published on 10/24/2026 at 00:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 5.78 million, up 470.00 percent year over year. Backlog stood at USD 24.60 million.

Analyst target and quarterly progress

MarketBeat reported a six-analyst Hold consensus with a USD 11.00 target on October 9, 2026.
Palladyne AI generated USD 5.78 million in second-quarter 2026 revenue, up 470.00 percent year over year.
The next scheduled earnings report is November 11, 2026.

STRC, US80359A2050, Illustration mit AI erstellt.

MarketBeat reported on October 9, 2026, that six analysts held a consensus Hold rating on Palladyne AI, with an average 12-month price target of USD 11.00. The update gives the stock a clear valuation reference while the company works to convert its defense and robotics pipeline into revenue.

What does the target meet?

The consensus comprises three buy ratings, two hold ratings and one sell rating, according to MarketBeat. The USD 11.00 average target is materially above the latest US listing quote, but the source also records a second-quarter earnings-per-share shortfall of USD 0.04 against consensus.

Revenue and backlog chronology

On August 6, 2026, Palladyne AI reported second-quarter revenue of USD 5.78 million and reaffirmed full-year 2026 revenue guidance of USD 24 million to USD 27 million, as reported by Benzinga.

On October 5, 2026, management described backlog of USD 24.60 million and about USD 13.00 million of new business booked during the second quarter, according to Benzinga. On October 9, 2026, the six-analyst Hold consensus and USD 11.00 target supplied the latest dated market context, according to MarketBeat.

When is the next report?

The next scheduled earnings report is November 11, 2026, according to EarningsToday. For investors, the key test is whether quarterly revenue can move toward the full-year guidance range while backlog converts into recognized sales.

US quote and company profile

Palladyne AI was last at USD 3.70 on its Nasdaq listing on October 23, 2026 at 4:00 p.m. ET. The company develops software and autonomous systems for robotics and defense applications, with second-quarter net loss of USD 12.33 million and operating cash flow of minus USD 10.16 million.