Cyngn (CYN) AI Stock Analysis

• Market Cap: $8.29M
• Dividend Yield: N/A
• Average Volume (3M): 51.73K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.94
• Revenue Growth: -34.12%
• EPS Growth: 82.42%
• Country: US
• Employees: 58
• Sector: Technology
• Sector Strength: 76
• Industry: Software - Application
• EPS (TTM): -6.60
• Shares Outstanding: 1,751,906
• 10 Day Avg. Volume: 59,569
• 30 Day Avg. Volume: 51,731
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.66
• Enterprise Value/Market Cap: -1.94
• Enterprise Value/Revenue: -13.71
• Enterprise Value/Gross Profit: 25.84
• Enterprise Value/Ebitda: 0.18
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Cyngn's overall stock score reflects significant financial challenges and weak technical indicators. The company's ongoing losses and negative cash flow are the most pressing issues, impacting its financial health and valuation. Technical analysis suggests a bearish outlook, with downward momentum prevailing. The absence of earnings call insights and notable corporate events means these factors do not influence the score. Overall, the stock is rated low due to financial instability and unfavorable market conditions.

Cyngn Business Overview & Revenue Model

Company Description

Cyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software. The company is developing Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software; Cyngn Insight, a customer-facing tool suite for monitoring and managing AV fleets and aggregating/analyzing data; and Cyngn Evolve, an internal tool suite and infrastructure that facilitates artificial intelligence and machine learning training to enhance algorithms and models, and provides a simulation framework to ensure that data collected in the field can be applied to validating new releases. Cyngn Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

How the Company Makes Money

Cyngn primarily generates revenue through the sale and licensing of its autonomous driving software and systems to industrial and commercial enterprises. The company offers scalable solutions that can be integrated into existing vehicle fleets, allowing businesses to enhance their operational efficiency. Additionally, Cyngn may engage in partnerships with vehicle manufacturers and other technology providers to expand its market reach and develop customized solutions, further contributing to its income. Cyngn's business model may also include recurring revenue streams from maintenance, support services, and software updates, ensuring long-term customer engagement and satisfaction.

Cyngn Financial Statement Overview

Summary

Cyngn's financial performance is characterized by ongoing losses and operational inefficiencies. The income statement highlights negative margins and declining revenues, while the balance sheet suggests an overreliance on equity given low leverage. Cash flow challenges persist, with negative free and operating cash flows despite financing inflows. Overall, the company faces significant financial hurdles that require strategic attention to improve profitability and cash flow management.

Income Statement

Cyngn's income statement reveals consistent negative net and gross profit margins, reflecting ongoing financial challenges. The company has faced revenue declines, with a significant drop in revenue growth from 2023 to 2024. While there was an increase in revenue in 2023, it was not sustained. EBIT and EBITDA margins remain deeply negative, highlighting operational inefficiencies.

Balance Sheet

The balance sheet displays a modest equity ratio, indicating a reliance on equity financing. The debt-to-equity ratio is low, suggesting limited leverage risk, yet the consistently negative net income has adversely affected return on equity. Despite a reasonable equity level, the company struggles with profitability, weakening its balance sheet position.

Cash Flow

Cyngn's cash flow statement shows persistent negative operating cash flow, indicative of cash management issues. However, the company has managed to secure substantial financing cash inflows, providing temporary liquidity. Free cash flow remains negative, and the operating cash flow to net income ratio is unfavorable, reflecting operational cash constraints.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
368.14K	1.49M	262.00K	0.00	0.00
	Gross Profit
-167.57K	267.00K	75.18K	-85.86K	-159.04K
	EBIT
-22.83M	-23.35M	-19.40M	-9.40M	-8.37M
	EBITDA
-22.83M	-22.38M	-18.80M	-9.31M	-8.21M
	Net Income Common Stockholders
-29.25M	-22.81M	-19.24M	-7.80M	-8.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
23.62M	8.15M	22.60M	21.95M	6.06M
	Total Assets
30.10M	13.03M	25.51M	22.65M	6.67M
	Total Debt
317.34K	1.00M	376.62K	11.68K	695.08K
	Net Debt
-23.30M	-2.59M	-10.16M	-21.93M	-5.36M
	Total Liabilities
18.50M	2.40M	1.39M	407.43K	1.08M
	Stockholders Equity
11.59M	10.64M	24.12M	22.25M	5.60M
Cash Flow		Free Cash Flow
-10.54M	-21.24M	-17.67M	-8.70M	-7.92M
	Operating Cash Flow
-9.49M	-19.48M	-16.30M	-8.64M	-7.92M
	Investing Cash Flow
2.94M	6.36M	-13.35M	-20.02K	0.00
	Financing Cash Flow
26.58M	6.12M	18.24M	24.20M	695.70K

Cyngn Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.73
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CYN, the sentiment is Negative. The current price of 4.73 is below the 20-day moving average (MA) of 4.77, above the 50-day MA of 4.61, and below the 200-day MA of 335.47, indicating a neutral trend. The MACD of -0.56 indicates Negative momentum. The RSI at 40.86 is Neutral, neither overbought nor oversold. The STOCH value of 53.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CYN.

Cyngn Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$11.59B	10.39	-7.23%	2.94%	7.46%	-10.76%
JTAI	41 Neutral	$10.38M	―	-233.22%	―	19.78%	60.46%
VS	39 Underperform	$9.64M	―	-34.07%	―	-78.87%	85.62%
CYN	36 Underperform	$8.29M	―	-205.05%	―	-34.12%	82.42%
PET	35 Underperform	$7.08M	―	-3036.82%	―	-27.81%	-7.85%

Cyngn Corporate Events

Cyngn Approves $1 Million Bonus for CEO

On February 24, 2025, Cyngn Inc.’s Compensation Committee approved a total bonus of $1 million for CEO Lior Tal. This decision, which includes a $300,000 contractual bonus and a $700,000 discretionary bonus, reflects the company’s recognition of Mr. Tal’s contributions and may impact stakeholder perceptions of executive compensation practices.