Cyngn Inc. is an autonomous vehicle (AV) technology company that is focused on addressing industrial uses for autonomous vehicles. The Company integrates its full-stack autonomous driving software, DriveMod, onto vehicles manufactured by an original equipment manufacturer (OEM) either via retrofit of existing vehicles or by integration directly into vehicle assembly. It designs the Enterprise Autonomy Suite (EAS) to be compatible with sensors and components from hardware technology providers and integrates its proprietary AV software to produce differentiated autonomous vehicles. EAS is a suite of technologies and tools that is divided into three categories: DriveMod, Cyngn Insight and Cyngn Evolve. DriveMod is a modular industrial vehicle autonomous driving software. Cyngn Insight is a customer-facing tool suite for monitoring and managing AV fleets and generating/aggregating/analyzing data. Cyngn Evolve is an internal tool suite and infrastructure.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 40.51% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 368.14K.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 52.07.
Undervalued
The company’s latest PE is -0.02, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 690.97K shares, increasing 36.49% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 15.78K shares of this stock.