CYNGN Inc expected to post a loss of $3.56 a share - Earnings Preview

Reuters11-05

* CYNGN Inc is expected to show a rise in quarterly revenue when it reports results on November 6 for the period ending September 30 2024

* The Menlo Park California-based company is expected to report a 2,775.8% increase in revenue to $725 thousand from $25.21 thousand a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

* LSEG's mean analyst estimate for CYNGN Inc is for a loss of $3.56 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 was unchanged in the last three months.

* Wall Street's median 12-month price target for CYNGN Inc is 153.35, above its last closing price of $3.50.

This summary was machine generated November 4 at 21:47 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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