Cyngn Inc Expected To Post A Loss Of 19 Cents A Share: Earnings Preview

Cyngn

07/08/2023 21:18

* CYNGN Inc  CYN.OQ   CYN.O  is expected to show a rise in
quarterly revenue when it reports  results on August 9. 
    * The Menlo Park California-based  company is expected to
report
revenue of $375 thousand, according to the mean estimate from 2
analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for CYNGN Inc is for a
loss
of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CYNGN Inc
is
$7.5​, above​ its last closing price of $0.85. ​​​

This summary was machine generated August 7 at 20:18 GMT.  All
figures in US dollars  unless otherwise stated