Cyngn Inc Expected To Post A Loss Of $3.56 A Share: Earnings Preview

Cyngn

04/11/2024 21:47

* CYNGN Inc  CYN.OQ   CYN.O  is expected to show a rise in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The Menlo Park California-based  company is expected to
report a
2,775.8% increase in revenue to $725 thousand from $25.21
thousand a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for CYNGN Inc is for a loss
of
$3.56 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
153.35​, above​ its last closing price of $3.50. ​​​

This summary was machine generated November 4 at 21:47 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)