* CYNGN Inc is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2024
* The Menlo Park California-based company is expected to report a 58.7% decrease in revenue to $360 thousand from $872 thousand a year ago, according to the estimate from one analyst, based on LSEG data.
* LSEG's mean analyst estimate for CYNGN Inc is for a loss of 6 cents 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 had fallen by about 20.0% in the last three months.
* Wall Street's median 12-month price target for CYNGN Inc is $2.70, above its last closing price of $0.10.
This summary was machine generated May 7 at 00:45 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)
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