Palladyne AI names BRAIN finalist. Palladyne AI stock sits at USD 219.2 million market value
Published on 10/14/2026 at 03:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDefense milestones and financial dates
- On October 6, 2026, Palladyne AI said BRAIN had reached a U.S. Army competition final after USD 2.60 million in prior orders.
- Second-quarter revenue reached USD 5.78 million on August 6, 2026, while GAAP earnings per share were minus USD 0.27.
- Palladyne AI has a USD 219.2 million market capitalization as of October 13, 2026.
- The next earnings date is November 11, 2026.
Palladyne AI (ISIN US80359A2050) said on October 6, 2026 that its BRAIN edge AI flight computer had been selected as a finalist in the U.S. Army FUZE xTech|Apex Intercept competition. The announcement cited USD 2.60 million in previously announced BRAIN orders, including USD 2.30 million linked to a low-cost kinetic counter-UAS interceptor system, according to BusinessWire.
Three milestones shape Palladyne AI
On June 8, 2026, Northland Securities set a USD 15.00 price target for Palladyne AI, while Jefferies Financial Group upgraded the company to Hold on June 10, 2026, as reported by MarketBeat.
On August 6, 2026, Palladyne AI reported second-quarter revenue of USD 5.78 million and GAAP earnings per share of minus USD 0.27, compared with a consensus loss of USD 0.23 per share. The revenue figure was below the USD 5.80 million estimate, according to MarketBeat.
What does the Army finalist status add
The finalist position gives Palladyne AI a defined demonstration milestone in October or November 2026, but it is an evaluation opportunity rather than a disclosed contract award. That distinction matters because the USD 2.60 million order figure is already announced customer business, while the Army process still concerns potential future adoption, according to BusinessWire.
Results date sets the next checkpoint
The next reported quarterly results are scheduled for November 11, 2026, according to Earnings Today. Its estimates page places third-quarter revenue consensus at USD 7.95 million and consensus earnings per share at minus USD 0.23, creating a measurable test against the second-quarter revenue of USD 5.78 million and loss of USD 0.27 per share.
Market value and company profile
Palladyne AI had a market capitalization of USD 219.2 million as of October 13, 2026. Finance data identifies the company as a Technology business in Software - Infrastructure, while its products target industrial robots, unmanned platforms and defense systems.
Palladyne AI stock facts
- Company: Palladyne AI Corp.
- ISIN: US80359A2050
- Ticker: PDYN
- Primary exchange: NASDAQ
- Market capitalization: USD 219.2 million (as of October 13, 2026)
- Sector / Industry: Technology / Software - Infrastructure
- Next earnings date: November 11, 2026
Market context: Market report S&P 500.
