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 |
Cyngn raised $32M last week and are funded through 2027DriveMod vehicles have been deployed across multiple industries, including manufacturing, automotive, logistics, and CPG.The company is accelerating its product development via new partnerships with NVIDIA and a relocation to a new, larger facility.The company is leveraging AI across the business to accelerate the development and deployment of its products.MOUNTAIN VIEW, Calif., July 2, 2025 /PRNewswire/ -- Today, Cyngn (NASDAQ:CYN) issued a letter from the CEO: Cyngn Shareholders: Last week, Cyngn completed a $32 million
MOUNTAIN VIEW, CALIF., June 30, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced the closing of a registered direct offering with a single institutional investor for the purchase and sale of approximately $17.2 million of shares of Common Stock and pre-funded warrants at a price of $7.50 per share of Common Stock. Upon closing of the offering, the Company will have fully utilized its shelf registration statement. The offering consisted of the sale of 2,293,333 shares of Common Stock (or Pre-Funded Warrants). The public offering price per share of Common Stock was $
MOUNTAIN VIEW, Calif., June 27, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced the closing of a registered direct offering with a single institutional investor for the purchase and sale of approximately $15.0 million of shares of Common Stock and pre-funded warrants at a price of $5.01 per share of Common Stock. The offering consisted of the sale of 2,994,012 shares of Common Stock (or Pre-Funded Warrants. The public offering price per share of Common Stock was $5.01 (or $5.00999 for each Pre-Funded Warrant, which is equal to the public offering price per share o
8-K - Cyngn Inc. (0001874097) (Filer)
424B5 - Cyngn Inc. (0001874097) (Filer)
8-K - Cyngn Inc. (0001874097) (Filer)
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: 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.
MENLO PARK, Calif., April 30, 2025 /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (NASDAQ:CYN) will announce its fiscal first quarter 2025 financial results for the period ended March 31, 2025, on Wednesday, May 7, 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 Cyngn Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn's self-driving solutions allow exist
Recent Operating Highlights: Cyngn received approximately $1.3M of new bookings for DriveMod vehicles from direct sales during Q4-2024Cyngn Signed Contract to Deploy DriveMod Tugger at a Major Consumer Packaged Goods CompanyCyngn Announced Multiple Deployments at Major Automotive Brands, including Coats.Cyngn Raised $33m in December to Scale Customer Deployments and Fuel Its GrowthCyngn Highlighted its Proprietary Computer Vision Advancements with NVIDIA Accelerated ComputingCyngn Hired Marty Petraitis, a veteran of Industrial Automation, as VP of Sales.Cyngn Successfully Completed Initial Deployment of Its DriveMod Tugger at a Major Defense ContractorCyngn Completed First Paid DriveMod For
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
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SC 13G/A - Cyngn Inc. (0001874097) (Subject)