Cyngn Inc. (CYN) AI Stock Analysis
CYN AI stock analysis summary
AI ResearchCyngn Inc. (CYN) is an autonomous driving software company focused on industrial vehicle autonomy. The company generated trailing twelve-month revenue of $387,130 with an operating margin of -4675.4%. As of June 30, 2026, Cyngn held $39.7M in cash and short-term investments alongside a net cash position of $32.9M.
- Market cap
- $6.8M
- Revenue (TTM)
- $387,130
- P/E
- —
- 1Y return
- -90.9% S&P 500 16.8%
- Avg. target
- $5.00 1033.8% vs last close
Bull case
- Cyngn achieved 328.3% year-over-year quarterly revenue growth in the quarter ended June 30, 2026.
- The balance sheet maintains solid liquidity with $39.7M in cash and short-term investments and a current ratio of 16.34.
- The sole analyst price target of $5.00 implies an upside of 1033.8% from the recent close of $0.44.
Bear case
- CYN shares fell 90.9% over the past year and traded down 69.1% relative to their 200-day average.
- The company burned through capital in FY2025, recording free cash flow of -$24.8M and an operating margin of -11731.1%.
- Shareholder dilution has been substantial, with the 5-year share count expanding by 37426.1%.
What Cyngn does
Cyngn Inc., founded in 2013 and headquartered in Menlo Park, California, develops advanced autonomous driving software solutions. The company creates the Enterprise Autonomy Suite to transform industrial vehicle autonomy, which includes DriveMod, a modular software solution tailored for autonomous driving in industrial settings. Cyngn also provides Cyngn Insight, a tool suite that allows customers to monitor and manage autonomous vehicle fleets while aggregating and analyzing data. Internally, the company utilizes Cyngn Evolve, an artificial intelligence and machine learning infrastructure that refines algorithms and features a simulation framework to validate new software releases using real-world field data.
Growth and profitability
Cyngn's revenue peaked in FY2023 at $1.5M, reflecting 468.4% growth, before dropping 75.3% to $368,138 in FY2024 and falling 40.5% to $218,976 in FY2025. Gross margin shifted from 17.9% in FY2023 to -45.5% in FY2024, recovering to 38.0% in FY2025. Operating margins have remained deeply negative, reaching -11731.1% in FY2025 alongside a net income of -$23.5M. For the trailing twelve months ended June 30, 2026, revenue stood at $387,130 with an eps_ttm of -$2.19, though quarterly revenue grew 328.3% year-over-year in the latest quarter.
Balance sheet and cash flow
As of June 30, 2026, Cyngn held $39.7M in cash and short-term investments and $6.8M in total debt, yielding net cash of $32.9M. Total assets were $55.0M and shareholders' equity was $44.6M, resulting in a current ratio of 16.34 and a debt-to-equity ratio of 0.15. In FY2025, operating cash flow was -$23.6M, free cash flow was -$24.8M, and capital expenditures were $1.2M. Over five years, the company's share count increased 37426.1%.
Valuation and performance
CYN trades at a market capitalization of $6.8M and an enterprise value of -$21.1M. The stock trades at a price-to-sales ratio of 17.5x and an enterprise value to revenue ratio of 25.7x, compared to the median price-to-sales ratio of 2.8x for its US-listed Technology peers. Its price-to-book ratio is 0.3x. Over the past year, CYN declined 90.9%, trailing the S&P 500 (SPY) return of 16.8%.
What analysts expect
Wall Street coverage includes 1 Strong Buy rating, with 0 Buy, 0 Hold, and 0 Sell ratings. The mean price target of $5.00 represents a 1033.8% premium to the last close of $0.44 on October 16, 2026. For the fiscal year ending December 31, 2026, analysts estimate revenue of $1.1M and an EPS of -$2.02. Next year's forecasts project revenue of $8.0M and EPS of -$1.46. The company met or beat EPS estimates in 2 of the last 4 quarters, with the next earnings date scheduled for November 17, 2026.
Key risks and what to watch
- Persistent operational deficits, including an operating margin of -4675.4% over the trailing twelve months, continue to drain capital.
- Annual revenue dropped 40.5% in FY2025 to $218,976, highlighting volatility in commercial adoption.
- Potential further equity issuance could dilute existing holders following a 37426.1% share count increase over 5 years.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this CYN AI stock analysis
This page is an AI-written research summary of Cyngn Inc. (CYN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: CYN income statement, CYN balance sheet, CYN key metrics, CYN analyst forecast, CYN chart. See the CYN stock overview for the latest quote and news.
CYN AI stock analysis FAQ
What products does Cyngn Inc. develop?
Cyngn develops the Enterprise Autonomy Suite for industrial vehicles, which includes DriveMod for autonomous driving and Cyngn Insight for fleet management and data analytics. It also operates Cyngn Evolve for internal AI and machine learning model training.
What is Cyngn's cash and debt position?
As of June 30, 2026, Cyngn had $39.7M in cash and short-term investments against $6.8M in total debt, giving it a net cash balance of $32.9M.
What are analysts forecasting for Cyngn's revenue?
Analysts project revenue of $1.1M for the current fiscal year ending December 31, 2026, and $8.0M for the following fiscal year.
Does Cyngn pay a dividend?
No, Cyngn does not pay a dividend.