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Hyzon Motors Inc has a consensus price target of $5.26 based on the ratings of 8 analysts. The high is $15 issued by Colliers Securities on January 13, 2022. The low is $1 issued by DA Davidson on June 12, 2023. The 3 most-recent analyst ratings were released by Roth MKM, Roth MKM, and DA Davidson on March 25, 2024, March 6, 2024, and June 12, 2023, respectively. With an average price target of $1.4 between Roth MKM, Roth MKM, and DA Davidson, there's an implied -16.67% downside for Hyzon Motors Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hyzon Motors (NASDAQ:HYZN) was reported by Roth MKM on March 25, 2024. The analyst firm set a price target for $1.60 expecting HYZN to fall to within 12 months (a possible -4.76% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Hyzon Motors (NASDAQ:HYZN) was provided by Roth MKM, and Hyzon Motors maintained their buy rating.
There is no last upgrade for Hyzon Motors
The last downgrade for Hyzon Motors Inc happened on August 5, 2022 when DA Davidson changed their price target from $12 to $4 for Hyzon Motors Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hyzon Motors, 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 Hyzon Motors was filed on March 25, 2024 so you should expect the next rating to be made available sometime around March 25, 2025.
While ratings are subjective and will change, the latest Hyzon Motors (HYZN) rating was a maintained with a price target of $0.00 to $1.60. The current price Hyzon Motors (HYZN) is trading at is $1.68, which is out of the analyst’s predicted range.
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