Cyngn Shares Resume Trading
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/16/2021 | $13.00 | Buy | Aegis Capital |
MENLO PARK, Calif., Nov. 4, 2024 /PRNewswire/ -- Today, Cyngn Inc. (NASDAQ:CYN) announced that Marty Petraitis is joining Cyngn as Vice President of Sales. Petraitis brings over two decades of leadership experience in scaling revenue within technology-driven sectors, including automation, SaaS, and manufacturing systems. In this role, Petraitis will oversee Cyngn's global sales strategy, market expansion, and the adoption of Cyngn's Enterprise Autonomy Suite (EAS) by new organizations. "Marty is known for his ability to transform sales organizations through value-based strateg
MENLO PARK, Calif., Nov. 1, 2024 /PRNewswire/ -- Today, Cyngn Inc. (NASDAQ:CYN) announced that it successfully deployed its DriveMod Tugger at a defense contractor's facility. While details are not being disclosed for security reasons, the engagement highlights the applicability of Cyngn's autonomous vehicle technology to address the rigorous operational needs of defense industry manufacturing applications, which can be particularly stringent work environments with high associated costs. The aerospace and defense industry continues to be a significant economic force in the Uni
MENLO PARK, Calif., Oct. 31, 2024 /PRNewswire/ -- Today, Cyngn announced that it has received a signed Letter of Intent (LOI) from a major automotive supplier to sell and deploy multiple DriveMod Tuggers in early 2025. This achievement demonstrates Cyngn's continued traction with its Enterprise Autonomy Suite ("EAS") automation solutions for heavy manufacturing industries. Just last week, Cyngn announced a new contract with a different automotive manufacturing customer. The automotive supplier—who remains unnamed due to confidentiality—will utilize the DriveMod Tuggers to stre
Aegis Capital initiated coverage of Cyngn with a rating of Buy and set a new price target of $13.00
4 - Cyngn Inc. (0001874097) (Issuer)
4 - Cyngn Inc. (0001874097) (Issuer)
4 - Cyngn Inc. (0001874097) (Issuer)
1-A-W - Cyngn Inc. (0001874097) (Filer)
1-A/A - Cyngn Inc. (0001874097) (Filer)
1-A/A - Cyngn Inc. (0001874097) (Filer)
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
Cyngn will announce its fiscal third quarter 2024 financial results for the period ended September 30, 2024, on Wednesday, November 6, 2024 and has withdrawn its Reg A Filing. MENLO PARK, Calif., Oct. 30, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (NASDAQ:CYN) will announce its fiscal third quarter 2024 financial results for the period ended September 30, 2024, on Wednesday, November 6, 2024, after the close of market. In addition, the Company today announced that despite having been notified by the SEC that they had no further comments on the Reg A filing that was originally filed on August 15, 2024, the Company has submitted a letter to the SEC withdrawing the Reg A filing
MENLO PARK, Calif., May 1, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (NASDAQ:CYN) will announce its fiscal first quarter 2024 financial results for the period ended March 31, 2024, on Wednesday, May 8, 2024, 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 scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn's self-driving solutions allow existing wo
MENLO PARK, Calif., Feb. 27, 2024 /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (NASDAQ:CYN) will announce its 2023 fourth quarter and year-end financial results for the period ended December 31, 2023, on Wednesday, March 6, 2024, 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 scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn's self-driving solutions a
Cyngn's (NYSE:CYN) short percent of float has fallen 80.89% since its last report. The company recently reported that it has 2.83 million shares sold short, which is 2.02% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is impor