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Northland Capital Markets Initiates Coverage of Palladyne AI (PDYN) with Outperform Recommendation

Fintel
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⚡ Quantum Brief
Northland Capital Markets initiated coverage of Palladyne AI (PDYN) on April 1, 2026, assigning an "Outperform" rating with a 135.26% upside potential from its $6.07 closing price. Analysts set a one-year price target of $14.28, projecting revenue to surge 199.22% to $16M, though non-GAAP EPS remains negative at -$0.64. Institutional ownership dropped 14% to 10.63M shares, with 42.7% fewer funds holding positions, yet average portfolio allocation rose 58.4% to 0.01%. Raymond James and Goldman Sachs increased stakes by 58.42% and 47.02%, respectively, while Geode and Millennium reduced allocations despite share increases. A bullish put/call ratio of 0.45 signals market optimism, contrasting with mixed institutional sentiment and PDYN’s unprofitable but high-growth outlook.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks PDYN Northland Capital Markets Initiates Coverage of Palladyne AI (PDYN) with Outperform Recommendation April 01, 2026 — 08:04 pm EDT Written by George Maybach for Fintel-> Fintel reports that on April 1, 2026, Northland Capital Markets initiated coverage of Palladyne AI (NasdaqGM:PDYN) with a Outperform recommendation.

Analyst Price Forecast Suggests 135.26% Upside As of March 27, 2026, the average one-year price target for Palladyne AI is $14.28/share. The forecasts range from a low of $14.14 to a high of $14.70. The average price target represents an increase of 135.26% from its latest reported closing price of $6.07 / share. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Palladyne AI is 16MM, an increase of 199.22%. The projected annual non-GAAP EPS is -0.64. What is the Fund Sentiment? There are 106 funds or institutions reporting positions in Palladyne AI. This is an decrease of 79 owner(s) or 42.70% in the last quarter. Average portfolio weight of all funds dedicated to PDYN is 0.01%, an increase of 58.40%. Total shares owned by institutions decreased in the last three months by 14.00% to 10,638K shares. The put/call ratio of PDYN is 0.45, indicating a bullish outlook. What are Other Shareholders Doing?

Raymond James Financial holds 992K shares representing 2.13% ownership of the company. In its prior filing, the firm reported owning 413K shares , representing an increase of 58.42%. The firm increased its portfolio allocation in PDYN by 19.61% over the last quarter.

Geode Capital Management holds 722K shares representing 1.55% ownership of the company. In its prior filing, the firm reported owning 642K shares , representing an increase of 11.09%. The firm decreased its portfolio allocation in PDYN by 71.24% over the last quarter. Millennium Management holds 490K shares representing 1.05% ownership of the company. In its prior filing, the firm reported owning 566K shares , representing a decrease of 15.55%. The firm decreased its portfolio allocation in PDYN by 57.71% over the last quarter.

Goldman Sachs Group holds 291K shares representing 0.63% ownership of the company. In its prior filing, the firm reported owning 154K shares , representing an increase of 47.02%. The firm decreased its portfolio allocation in PDYN by 5.67% over the last quarter. UBS Group holds 272K shares representing 0.58% ownership of the company. In its prior filing, the firm reported owning 314K shares , representing a decrease of 15.57%. The firm decreased its portfolio allocation in PDYN by 92.03% over the last quarter. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.Click to Learn MoreThis story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Fintel Fintel is a leading provider of financial data and insights for intelligent, data-driven investors. With coverage of over 75,000 listed companies on all major stock exchanges, Fintel has the most comprehensive coverage of global equities at prices individual investors can afford. Check out our Unique Analysis of Insider Sentiment for Palladyne AI Corp.-> Find out what the Options Markets think of Palladyne AI Corp.-> See our take on Palladyne AI Corp. Upcoming Earnings-> More articles by this source-> Stocks mentioned PDYN More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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