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Cyngn (CYN)
NASDAQ:CYN
US Market

Cyngn (CYN) AI Stock Analysis

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CY

Cyngn

(NASDAQ:CYN)

36Underperform
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 (CYN) vs. S&P 500 (SPY)

Cyngn Business Overview & Revenue Model

Company DescriptionCyngn 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 MoneyCyngn 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
35
Negative
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
45
Neutral
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
40
Negative
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 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
368.14K1.49M262.00K0.000.00
Gross Profit
-167.57K267.00K75.18K-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 SheetCash, Cash Equivalents and Short-Term Investments
23.62M8.15M22.60M21.95M6.06M
Total Assets
30.10M13.03M25.51M22.65M6.67M
Total Debt
317.34K1.00M376.62K11.68K695.08K
Net Debt
-23.30M-2.59M-10.16M-21.93M-5.36M
Total Liabilities
18.50M2.40M1.39M407.43K1.08M
Stockholders Equity
11.59M10.64M24.12M22.25M5.60M
Cash FlowFree 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
2.94M6.36M-13.35M-20.02K0.00
Financing Cash Flow
26.58M6.12M18.24M24.20M695.70K

Cyngn Technical Analysis

Technical Analysis Sentiment
Negative
Last Price4.73
Price Trends
50DMA
4.61
Positive
100DMA
28.38
Negative
200DMA
335.47
Negative
Market Momentum
MACD
-0.56
Negative
RSI
40.86
Neutral
STOCH
53.55
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 Risk Analysis

Cyngn disclosed 39 risk factors in its most recent earnings report. Cyngn reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Cyngn Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
60
Neutral
$11.59B10.39-7.23%2.94%7.46%-10.76%
41
Neutral
$10.38M-233.22%19.78%60.46%
VSVS
39
Underperform
$9.64M-34.07%-78.87%85.62%
CYCYN
36
Underperform
$8.29M-205.05%-34.12%82.42%
PEPET
35
Underperform
$7.08M-3036.82%-27.81%-7.85%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CYN
Cyngn
4.73
-1,970.77
-99.76%
VS
Versus Systems
2.06
0.60
41.10%
AMST
Amesite
3.03
-0.55
-15.36%
IFBD
Infobird Co
1.14
-2.81
-71.14%
PET
Wag! Group
0.15
-1.65
-91.67%
JTAI
JetAI
4.12
-149.56
-97.32%

Cyngn Corporate Events

Executive/Board Changes
Cyngn Approves $1 Million Bonus for CEO
Neutral
Feb 28, 2025

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.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.