Aegis Capital initiated coverage of Cyngn with a rating of Buy and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/16/2021 | $13.00 | Buy | Aegis Capital |
8-K - Cyngn Inc. (0001874097) (Filer)
Since August 2023, Cyngn has been granted 13 additional patents, bringing the total U.S. patents granted to 23. MOUNTAIN VIEW, Calif., Aug. 26, 2025 /PRNewswire/ -- Cyngn (NASDAQ:CYN) announced the official granting of a new patent, 12,332,083 for the Company's innovative autonomous vehicle (AV) solutions. The patent, Modular Sensor System For Automated Guided Vehicles, introduces a modular sensor system that is configured to be coupled to existing industrial machines while making few, if any, modifications to the industrial machine. The significance of this patent lies in the
MOUNTAIN VIEW, Calif., Aug. 14, 2025 /PRNewswire/ -- Today, Cyngn Inc. (NASDAQ:CYN) announced that Natalie Russell has been promoted to CFO. CYN) announced that Natalie Russell has been promoted to CFO." alt="Today, Cyngn (NASDAQ:CYN) announced that Natalie Russell has been promoted to CFO."> Mrs. Russell began her career in the audit and assurance practice of Ernst & Young from September 2017 to December 2022. Mrs. Russell is a Certified Public Accountant in the state of California. She holds a Bachelor of Science in Business Administration from the University of Dayton. Russe
MENLO PARK, Calif., Aug. 13, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced the successful operational deployment of its DriveMod Tugger at Coats Company, the largest full-line wheel service equipment manufacturer in North America with over 70 years of industry expertise. The deployment is now live at Coats' 150,000+ square foot manufacturing facility in La Vergne, Tennessee, where Cyngn's autonomous DriveMod Tugger is automating the transport of wheel service components across production lines. Watch the full case study video here: https://www.cyngn.com/coats This follows the announcement in January of this year of the initiation of the production
Aegis Capital initiated coverage of Cyngn with a rating of Buy and set a new price target of $13.00
3 - Cyngn Inc. (0001874097) (Issuer)
3 - Cyngn Inc. (0001874097) (Issuer)
4 - Cyngn Inc. (0001874097) (Issuer)
Recent Operating Highlights: Completed a $32 million capital raise to extend the runway through 2027.Relocated into new, expanded headquarters in Mountain View, California.Strengthened product development with NVIDIA Isaac Sim to accelerate innovation.Continued expansion of DriveMod deployments across multiple industries, including manufacturing, logistics, and CPG.Integrated generative AI and AI agents to enhance R&D velocity and customer engagement.Awarded 23rd U.S. patent, further building Cyngn's IP portfolio in autonomous vehicle technologies.MOUNTAIN VIEW, Calif., Aug. 6, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced financial results for the second quarter ended June 30
MOUNTAIN VIEW, Calif., July 30, 2025 /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (NASDAQ:CYN) will announce its fiscal second quarter 2025 financial results for the period ended June 30, 2025, on Wednesday, August 6, 2025, after the close of market. The financial results will be available on the Cyngn website under "News & Events" at https://investors.cyngn.com/. The Company will not host an earnings call. About CyngnCyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses
Recent Operating Highlights: Continued momentum in the automotive sector, reaching a milestone of executing successful DriveMod Tugger deployments at various stages with five major automotive OEMs and Tier-1 suppliers across the U.S. and Mexico.Signed a contract to deploy a DriveMod Tugger at a global Fortune 500 automotive supplier.Secured its 22nd U.S. patent for AI-powered autonomous vehicle technologies.Cyngn received approximately $308k of new bookings for DriveMod vehicles from direct sales during Q1 2025.MENLO PARK, Calif., May 7, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced financial results for its first quarter, which ended March 31, 2025.
SC 13G/A - Cyngn Inc. (0001874097) (Subject)
SC 13G/A - Cyngn Inc. (0001874097) (Subject)
SC 13G/A - Cyngn Inc. (0001874097) (Subject)
MENLO PARK, Calif., Oct. 15, 2024 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced the expansion of its dealer network to include Raymond West. A leading distributor and integrator of intralogistics solutions, Raymond West will begin selling Cyngn's autonomous DriveMod Tugger. The autonomous tugger integrates Cyngn's AV technology with Motrec's MT-160. "With 21 branches across the West Coast, Raymond West is an impressive company. It boasts more than $800 million in annual revenue — and we are excited to be able to add Cyngn's autonomous vehicles to their catalog," said
MENLO PARK, Calif., July 11, 2024 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced the expansion of its dealer network to include Alta Equipment Group. The purveyor of both construction and material handling equipment will begin selling Cyngn's autonomous DriveMod Tugger. The DriveMod Tugger bundles Cyngn's autonomous vehicle technology with Motrec's MT-160. "Alta has an impressive record of sales, and we are thrilled to have Cyngn's autonomous vehicles included in their catalog," said Lior Tal, CEO of Cyngn. "Motrec's industrial vehicles are renowned for their high tow
Cyngn Inc. (the "Company" or "Cyngn") (NASDAQ:CYN), a developer of innovative autonomous driving software solutions for industrial applications, today announced the appointment of Bill Ong as Head of Corporate Planning and Strategy, and Ben Mimmack as Head of Investor Relations, signaling the company's commitment to Investor Relations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230125005068/en/Bill Ong, Head of Planning & Strategy; Ben Mimmack, Head of Investor Relations at Cyngn (Graphic: Business Wire) Bill Ong brings nearly 40 years of background in investor relations, corporate finance, engineering, and Wall Street experi