Hyliion Holdings Corp has a consensus price target of $2.58 based on the ratings of 7 analysts. The high is $4 issued by Barclays on March 10, 2022. The low is $1 issued by Cantor Fitzgerald on October 12, 2023. The 3 most-recent analyst ratings were released by Northland Capital Markets, Northland Capital Markets, and Cantor Fitzgerald on August 13, 2024, October 12, 2023, and October 12, 2023, respectively. With an average price target of $1.5 between Northland Capital Markets, Northland Capital Markets, and Cantor Fitzgerald, there's an implied -52.38% downside for Hyliion Holdings Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hyliion Holdings (AMEX:HYLN) was reported by Northland Capital Markets on August 13, 2024. The analyst firm set a price target for $2.00 expecting HYLN to fall to within 12 months (a possible -36.51% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Hyliion Holdings (AMEX:HYLN) was provided by Northland Capital Markets, and Hyliion Holdings maintained their market perform rating.
The last upgrade for Hyliion Holdings Corp happened on March 2, 2022 when UBS raised their price target to $4. UBS previously had a sell for Hyliion Holdings Corp.
The last downgrade for Hyliion Holdings Corp happened on October 12, 2023 when Northland Capital Markets changed their price target from $2.8 to $1.5 for Hyliion Holdings Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hyliion Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hyliion Holdings was filed on August 13, 2024 so you should expect the next rating to be made available sometime around August 13, 2025.
While ratings are subjective and will change, the latest Hyliion Holdings (HYLN) rating was a maintained with a price target of $1.50 to $2.00. The current price Hyliion Holdings (HYLN) is trading at is $3.15, which is out of the analyst’s predicted range.
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