Hyliion (NYSEAMERICAN:HYLN) Upgraded at Northland Securities

Northland Securities upgraded shares of Hyliion (NYSEAMERICAN:HYLN) from a market perform rating to an outperform rating in a research note issued to investors on Thursday morning, MarketBeat Ratings reports. They currently have $10.00 target price on the stock. Northland Securities also issued estimates for Hyliion’s FY2028 earnings at ($0.25) EPS.

Separately, Needham & Company LLC began coverage on shares of Hyliion in a research report on Wednesday, June 10th. They issued a “buy” rating and a $9.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $8.00.

Hyliion Stock Down 1.2%

Hyliion stock opened at $4.06 on Thursday. The stock has a market capitalization of $724.02 million, a PE ratio of -13.53 and a beta of 3.52. Hyliion has a twelve month low of $1.47 and a twelve month high of $8.49. The company has a 50 day moving average of $4.83 and a 200-day moving average of $3.45.

Hyliion (NYSEAMERICAN:HYLN) last announced its earnings results on Tuesday, August 11th. The company reported ($0.08) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.08). The firm had revenue of $4.94 million during the quarter, compared to analyst estimates of $2.40 million. Hyliion had a negative net margin of 564.34% and a negative return on equity of 27.94%. Equities analysts anticipate that Hyliion will post -0.31 EPS for the current fiscal year.

Institutional Investors Weigh In On Hyliion

Several hedge funds have recently bought and sold shares of HYLN. CIBC Bancorp USA Inc. bought a new position in shares of Hyliion during the third quarter worth approximately $26,000. Cubist Systematic Strategies LLC bought a new stake in shares of Hyliion in the first quarter valued at approximately $26,000. Hsbc Holdings PLC acquired a new stake in Hyliion during the first quarter worth approximately $27,000. Brevan Howard Capital Management LP bought a new position in Hyliion during the 2nd quarter worth $30,000. Finally, XTX Topco Ltd acquired a new position in Hyliion in the 2nd quarter valued at $34,000. 22.81% of the stock is currently owned by institutional investors and hedge funds.

Hyliion News Roundup

Here are the key news stories impacting Hyliion this week:

• Positive Sentiment: Northland upgraded Hyliion and raised its forecasts. The firm now rates HYLN “Outperform” with a $10 price target. It lifted its FY2026 EPS estimate to a loss of $0.31 from $0.33 and its FY2027 estimate to a loss of $0.28 from $0.35, while also improving several quarterly forecasts. The revisions suggest Northland expects Hyliion’s losses to narrow faster than previously anticipated. Hyliion Stock Rating Upgraded by Northland Securities
• Positive Sentiment: The analyst change sparked a sharp recent rally. Reports indicate Hyliion shares increased 15.7% following the Northland upgrade, reflecting investor enthusiasm over the higher earnings estimates and the substantial gap between the target price and the stock’s recent trading level. Hyliion Shares Up Following Analyst Upgrade
• Neutral Sentiment: Hyliion remains unprofitable. Even with the improved forecasts, Northland expects losses through 2028, including negative EPS of $0.25 in FY2028. The company’s latest reported quarter also showed a net loss, meaning the bullish case depends on future growth and operating improvements rather than current profitability. Hyliion analyst estimates and stock information
• Negative Sentiment: Rosen Law Firm is investigating potential securities claims. The firm alleges Hyliion may have provided materially misleading business information and is encouraging shareholders who suffered losses to contact it. The announcement does not establish wrongdoing, but it adds legal and reputational uncertainty and could pressure the stock. Hyliion Investor News from Rosen Law Firm
• Negative Sentiment: Commercial viability and financing concerns remain. A separate analysis cited competitive pressures and potential overhang from Hyliion’s at-the-market share offering, factors that could limit upside and dilute existing shareholders. Hyliion analysis on ATM overhang and competitive pressures

About Hyliion

Hyliion Holdings Corp. develops electrified powertrain solutions aimed at reducing fuel consumption and emissions for Class 8 commercial vehicles. Its flagship offerings include the Hypertruck ERX electric axle and hybrid powertrain systems that integrate battery packs with onboard natural gas generators. These modular solutions are designed to retrofit existing diesel trucks or to be incorporated by original equipment manufacturers, allowing fleets to transition toward lower-carbon operations without replacing entire fleets.

Founded in 2015 by Thomas Healy and based in Austin, Texas, Hyliion went public in 2020 via a special purpose acquisition company (SPAC) merger.