Needham Reiterates Rating on HYLN $HYLN

Key Points

  • Needham now rates Hyliion Holdings Corp. ($HYLN) "buy" with a $9 target.
  • Needham's $9 price target implies 21.62% upside from Hyliion Holdings Corp.'s ($HYLN) current $7.40 share price.
  • The Street's average $HYLN price target is $8.
  • $HYLN last traded around $7.40.

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Needham reiterated its rating on Hyliion Holdings Corp. ($HYLN) to a "buy" rating in a recent research note and set a price target of $9, a 21.62% upside from the current price.

Hyliion Holdings Corp. Stock Up 110.8%

Shares of Hyliion Holdings Corp. ($HYLN) traded around $7.40 on Saturday, up 110.8% for the day.

Last price$7.40
Market cap$619.73M
Forward P/E-11.38
Beta3.56
52-week low$1.56
52-week high$8.49
50-day MA$4.03
200-day MA$3.04
Current ratio7.59
Quick ratio7.09
Debt-to-equity0.02

Hyliion Holdings Corp. Earnings

EPS (ttm)-$0.29
Revenue (ttm)$9.25M
Revenue growth226.30%
Net margin0%
Return on equity-27.08%
Next earningsNov 10, 2026

Analysts Set New Price Targets

Average target$8
High target$10
Low target$5
Analysts covering3

About Hyliion Holdings Corp.

Hyliion Holdings Corp. designs and develops power generators for stationary and mobile applications. Its primary product includes the KARNO Power Module, a fuel-agnostic power generating solution, which enables distributed power generation using conventional fuels, such as natural gas, propane or diesel; waste fuels, such as landfill and wellhead gas; zero carbon fuels, such as renewable hydrogen and ammonia. Hyliion Holdings Corp. was founded in 2015 and is headquartered in Cedar Park, Texas.

ExchangeNYSE American
SectorConsumer Cyclical
IndustryAuto Parts
HeadquartersCedar Park, TX
CEOMr. Thomas J. Healy
Employees113

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