Cyngn (CYN) stock forecast for 2023. Forecast tables and graphs.

Cyngn (CYN) stock forecast for 2023

Last update: 06-24-2022, 7:31

Sector: Technology

The share price of Cyngn Inc. (CYN) now

What analysts predict:: $

52-week high/low: $ / $

50/200 Day Moving Average: $ / $

This figure corresponds to the average price over the previous 50/200 days. For Cyngn stocks, the 50-day moving average is the support level today.

For Cyngn stocks, the 200-day moving average is the support level today.

Are you interested in Cyngn stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Cyngn stock price in 2023. How much will one Cyngn share be worth in 2023?

Is it worth taking profit / loss on Cyngn stock now or waiting? What are analysts' forecasts for Cyngn stock?

We forecast Cyngn stock performance using neural networks based on historical data on Cyngn stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Cyngn stock prediction results are shown below and presented as a graph, table and text information.

Cyngn stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Cyngn analysts is $.

Today 200 Day Moving Average is the support level ( $).

50 Day Moving Average is the support level ( $).




Historical and forecast chart of Cyngn stock

The chart below shows the historical price of Cyngn stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Cyngn stock price can be found in the table below.

Cyngn (CYN) Forecast for 2023

Month Target Pes. Opt. Vol., %
Jan 0.97 0.79 1.10 28.69 %
Feb 0.85 0.78 1.00 22.19 %
Mar 0.85 0.63 1.01 36.87 %
Apr 0.66 0.56 0.84 33.51 %
May 0.76 0.57 0.93 38.44 %
Jun 0.86 0.70 0.94 24.85 %
Jul 1.13 1.00 1.23 18.97 %
Aug 1.10 0.90 1.23 27.00 %
Sep 1.38 1.19 1.53 22.62 %
Oct 1.70 1.37 2.05 33.06 %
Nov 1.64 1.27 1.81 29.64 %
Dec 1.83 1.62 2.09 22.32 %

Cyngn information and performance

Cyngn, Inc. was incorporated in 2013 in Delaware as Cyanogen, Inc. The company has attempted to commercialize the freely distributed operating system (OS) CyanogenMod in order to create an “Android killer” – an alternative mobile OS that would be in demand by smartphone manufacturers. However, in 2016, the top management of the company decided to refocus on the development of an operating system for autonomous (unmanned) vehicles (AV, autonomous vehicle), after which in 2017 the company changed its name to the current one.
Cyngn expects to deploy its software mainly in the industrial trucking market within and between enterprises. The average growth rate of this market is 3.9% per year, and by 2023 it will reach $160 billion. It is expected that thanks to the introduction of robotization, the rate can grow up to 4.5% in annual terms.

Cyngn Address

N/A

Market Capitalization: N/A $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: N/A $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: N/A

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: N/A

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: N/A

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A

Quarterly Revenue Growth YOY: N/A

Trailing PE: N/A

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: N/A

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: N/A

Enterprise Value (EV) /Revenue

EV To EBITDA: N/A

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: N/A

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Cyngn price target for 2021 by month


Target values for the price of one Cyngn share for Jan 2023.

The weighted average target price per Cyngn share in Jan 2023 is: 0.97. In Jan, the positive dynamics for Momo shares will prevail with possible monthly volatility of 28.693% volatility is expected.

Pessimistic target level: 0.79

Optimistic target level: 1.10


Target values for the price of one Cyngn share for Feb 2023.

The weighted average target price per Cyngn share in Feb 2023 is: 0.85. In Feb, the negative dynamics for Momo shares will prevail with possible monthly volatility of 22.189% volatility is expected.

Pessimistic target level: 0.78

Optimistic target level: 1.00


Target values for the price of one Cyngn share for Mar 2023.

The weighted average target price per Cyngn share in Mar 2023 is: 0.85. In Mar, the negative dynamics for Momo shares will prevail with possible monthly volatility of 36.868% volatility is expected.

Pessimistic target level: 0.63

Optimistic target level: 1.01


Target values for the price of one Cyngn share for Apr 2023.

The weighted average target price per Cyngn share in Apr 2023 is: 0.66. In Apr, the negative dynamics for Momo shares will prevail with possible monthly volatility of 33.505% volatility is expected.

Pessimistic target level: 0.56

Optimistic target level: 0.84


Target values for the price of one Cyngn share for May 2023.

The weighted average target price per Cyngn share in May 2023 is: 0.76. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 38.438% volatility is expected.

Pessimistic target level: 0.57

Optimistic target level: 0.93


Target values for the price of one Cyngn share for Jun 2023.

The weighted average target price per Cyngn share in Jun 2023 is: 0.86. In Jun, the positive dynamics for Momo shares will prevail with possible monthly volatility of 24.846% volatility is expected.

Pessimistic target level: 0.70

Optimistic target level: 0.94


Target values for the price of one Cyngn share for Jul 2023.

The weighted average target price per Cyngn share in Jul 2023 is: 1.13. In Jul, the positive dynamics for Momo shares will prevail with possible monthly volatility of 18.974% volatility is expected.

Pessimistic target level: 1.00

Optimistic target level: 1.23


Target values for the price of one Cyngn share for Aug 2023.

The weighted average target price per Cyngn share in Aug 2023 is: 1.10. In Aug, the negative dynamics for Momo shares will prevail with possible monthly volatility of 27.000% volatility is expected.

Pessimistic target level: 0.90

Optimistic target level: 1.23


Target values for the price of one Cyngn share for Sep 2023.

The weighted average target price per Cyngn share in Sep 2023 is: 1.38. In Sep, the positive dynamics for Momo shares will prevail with possible monthly volatility of 22.617% volatility is expected.

Pessimistic target level: 1.19

Optimistic target level: 1.53


Target values for the price of one Cyngn share for Oct 2023.

The weighted average target price per Cyngn share in Oct 2023 is: 1.70. In Oct, the positive dynamics for Momo shares will prevail with possible monthly volatility of 33.057% volatility is expected.

Pessimistic target level: 1.37

Optimistic target level: 2.05


Target values for the price of one Cyngn share for Nov 2023.

The weighted average target price per Cyngn share in Nov 2023 is: 1.64. In Nov, the negative dynamics for Momo shares will prevail with possible monthly volatility of 29.638% volatility is expected.

Pessimistic target level: 1.27

Optimistic target level: 1.81


Target values for the price of one Cyngn share for Dec 2023.

The weighted average target price per Cyngn share in Dec 2023 is: 1.83. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 22.317% volatility is expected.

Pessimistic target level: 1.62

Optimistic target level: 2.09




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.