Cyngn (CYN) AI Stock Analysis

870 Followers

Cyngn

(NASDAQ:CYN)

Select Model

Rating:39Underperform

Price Target:$0.26▲(1.59% Upside)

Action:downgraded

Date:11/06/26

The score is dragged down primarily by very weak financial performance—large ongoing losses and substantial cash burn against a very small revenue base—despite some improvement in gross margin. Technicals also weigh heavily, with the stock in a strong downtrend and negative momentum, even though it appears deeply oversold. Added listing-compliance risk from the Nasdaq bid-price notice further pressures the outlook, while valuation metrics provide little support due to negative earnings and no dividend yield.

Positive Factors

Revenue rebound and gross marginThe return to positive gross margin alongside a 40% TTM revenue rebound indicates improving unit economics and some customer demand traction. If sustained, this can provide a stronger foundation for scaling the software and deployment model, although profitability remains unproven.

Negative Factors

Severe cash burnLarge negative operating and free cash flow shows that Cyngn is not currently self-funding its operations. Continued cash consumption can create ongoing financing needs, reduce strategic flexibility, and increase the risk that future growth requires additional capital.

Cyngn (CYN) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $3.86M
Dividend Yield: ―
Average Volume (3M): 197.31K
Price to Earnings (P/E): -0.1
Beta (1Y): 5.42
Revenue Growth: -10.97%
EPS Growth: 99.70%
Country: US
Employees: 62
Sector: Technology
Sector Strength: 61
Industry: Software - Application

Cyngn Business Overview & Revenue Model

Company Description

Cyngn Inc. is a technology company specializing in autonomous vehicles (AVs), dedicated to creating advanced self-driving software solutions. Its primary offering, the Enterprise Autonomy Suite, is currently in development and consists of three main...

How the Company Makes Money

Cyngn’s revenue model is centered on monetizing its autonomous vehicle technology for industrial use cases. It seeks to generate revenue primarily through: (1) licensing or subscriptions for its autonomous driving software and associated fleet/operat...

Cyngn Financial Statement Overview

Summary

Financial performance is very weak overall. While TTM revenue rebounded (+40%) and gross margin turned positive (~35%), the company still has extremely large operating losses and severe cash burn (TTM operating cash flow -$24.0M; free cash flow -$25.5M) relative to a very small revenue base (~$0.39M). The balance sheet has low leverage (debt-to-equity ~0.15) and higher equity, but persistently negative returns (TTM ROE ~-0.62) highlight ongoing value erosion.

Income Statement

12Very Negative

Balance Sheet

52Neutral

Cash Flow

9Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	387.13K	218.98K	368.14K	1.49M	262.00K	0
Gross Profit	133.81K	83.23K	-167.57K	267.00K	75.18K	0
EBITDA	-25.49M	-22.28M	-27.47M	-21.85M	-18.63M	-7.70M
Net Income	-26.95M	-23.47M	-29.25M	-22.81M	-19.24M	-7.80M
Balance Sheet
Total Assets	54.97M	50.05M	30.10M	13.03M	25.51M	22.65M
Cash, Cash Equivalents and Short-Term Investments	39.70M	34.73M	23.62M	8.15M	22.60M	21.95M
Total Debt	6.82M	6.81M	317.34K	1.00M	376.62K	0
Total Liabilities	10.38M	11.30M	18.50M	2.40M	1.39M	407.43K
Stockholders Equity	44.59M	38.75M	11.59M	10.64M	24.12M	22.25M
Cash Flow
Free Cash Flow	-25.49M	-24.81M	-10.54M	-21.24M	-17.67M	-8.70M
Operating Cash Flow	-23.96M	-23.58M	-9.49M	-19.48M	-16.30M	-8.64M
Investing Cash Flow	-28.54M	-34.13M	2.94M	6.36M	-13.35M	-20.02K
Financing Cash Flow	23.39M	35.08M	26.58M	6.12M	18.24M	24.20M

Cyngn Technical Analysis

Technical Analysis SentimentNegative

Last Price0.25

Price Trends

50DMA0.57Negative

100DMA0.86Negative

200DMA1.24Negative

Market Momentum

MACD-0.09Negative

RSI19.94Positive

STOCH10.98Positive

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 0.25 is below the 20-day moving average (MA) of 0.36, below the 50-day MA of 0.57, and below the 200-day MA of 1.24, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 19.94 is Positive, neither overbought nor oversold. The STOCH value of 10.98 is Positive, 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

3 New Risks

1.The restatement of our previously issued financial statements for the Affected Periods has resulted in unanticipated costs, stockholder litigation and regulatory actions, and may adversely affect investor confidence, our stock price, our ability to raise capital in the future and our reputation.Q4, 2025

2.Natural disasters, outbreaks of infectious diseases, terrorist attacks, wars and threats of war may negatively impact our operations, revenue, costs, and stock price.Q4, 2025

3.We have a material weakness in our internal control over financial reporting, and our inability to remediate this weakness or otherwise implement and maintain effective internal control over financial reporting, or the inability of our independent registered public accounting firm to provide an unqualified report thereon, could have a material adverse effect on us.Q4, 2024

Cyngn Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

CYN against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SWVL	54Neutral	$85.52M	-55.72	-15.38%	―	56.25%	―
INLX	42Neutral	$17.35M	-6.24	-26.38%	―	-5.53%	-56.77%
CYN	39Underperform	$3.93M	-0.08	-62.46%	―	-10.97%	99.70%

* Technology Sector Average

Performance Comparison

CYN and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
CYN	Cyngn Inc.	0.25	-3.40	-93.12%
FTFT	Future Fintech Group	3.52	-84.80	-96.01%
INLX	Intellinetics, Inc.	3.87	-5.10	-56.86%
SWVL	Swvl Inc.	4.58	1.52	49.67%

Cyngn Corporate Events

Executive/Board ChangesShareholder Meetings

Cyngn Announces Upcoming Board and Audit Committee Changes

Neutral

Oct 30, 2026

On October 26, 2026, Cyngn announced that board member Karen Macleod, who serves as Chair of the Audit Committee and sits on the Compensation and Nominating and Corporate Governance Committees, will not stand for re-election at the company’s Annual M...

Delistings and Listing ChangesRegulatory Filings and Compliance

Cyngn Receives Nasdaq Notice for Bid Price Noncompliance

Negative

Oct 15, 2026

On October 14, 2026, Cyngn Inc. received notice from Nasdaq that its common stock had closed below the $1.00 minimum bid price for 30 consecutive business days, causing the company to fall out of compliance with Nasdaq’s Capital Market listing rules....

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.

Date of analysis: Nov 06, 2026

Cyngn AI Stock Analysis