Hyliion (NYSEAMERICAN:HYLN) Trading Up 15.7% Following Analyst Upgrade

Shares of Hyliion Holdings Corp. (NYSEAMERICAN:HYLN) were up 15.7% during trading on Thursday after Northland Securities upgraded the stock from a market perform rating to an outperform rating. Northland Securities now has a $10.00 price target on the stock. Hyliion traded as high as $4.78 and last traded at $4.50. Approximately 2,414,593 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 2,694,374 shares. The stock had previously closed at $3.89.

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

More Hyliion News

Here are the key news stories impacting Hyliion this week:

• Positive Sentiment: Northland Securities upgraded HYLN to “outperform” and set a $10 price target, implying substantial upside from recent trading levels. The upgrade provides fresh analyst support following the company’s quarterly update. Benzinga
• Positive Sentiment: Hyliion secured a $41.7 million U.S. Navy contract for multi-megawatt KARNO Power Modules used in shipboard and military-base applications. Management also indicated that additional contracts could be awarded in 2026, improving the platform’s commercial and government-market outlook. Hyliion Second-Quarter Results
• Positive Sentiment: Second-quarter revenue significantly exceeded expectations, reaching $4.94 million versus the roughly $2.40 million consensus estimate. Hyliion reported an adjusted loss of $0.08 per share, in line with expectations, while raising its 2026 revenue outlook to approximately $15 million, above the prior consensus of $11.7 million. Hyliion Q2 Earnings
• Neutral Sentiment: Trading in HYLN was temporarily paused under a limit-up/limit-down volatility halt, highlighting unusually strong short-term trading activity but providing no fundamental indication by itself.
• Negative Sentiment: Rosen Law Firm and Johnson Fistel announced investigations into potential securities claims related to Hyliion’s disclosures, including its non-binding agreement involving up to 250 KARNO Cores. The investigations could increase legal, reputational and shareholder-litigation risks. Rosen Law Firm Investigation

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in HYLN. J. Derek Lewis & Associates Inc. acquired a new stake in Hyliion during the fourth quarter worth about $1,586,000. HITE Hedge Asset Management LLC raised its position in shares of Hyliion by 121.9% in the 4th quarter. HITE Hedge Asset Management LLC now owns 2,827,742 shares of the company’s stock valued at $5,203,000 after buying an additional 1,553,626 shares in the last quarter. Osbon Capital Management LLC acquired a new position in Hyliion during the fourth quarter valued at approximately $51,000. Caitong International Asset Management Co. Ltd lifted its stake in Hyliion by 8,348.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 20,107 shares of the company’s stock worth $37,000 after purchasing an additional 19,869 shares during the last quarter. Finally, Savant Capital LLC bought a new stake in shares of Hyliion during the 4th quarter worth $37,000. 22.81% of the stock is owned by institutional investors.

Hyliion Price Performance

The stock has a market cap of $788.93 million, a P/E ratio of -14.75 and a beta of 3.52. The business’s fifty day moving average price is $4.96 and its 200 day moving average price is $3.43.

Hyliion (NYSEAMERICAN:HYLN) last announced its earnings results on Tuesday, August 11th. The company reported ($0.08) EPS for the quarter, hitting the consensus estimate of ($0.08). Hyliion had a negative return on equity of 27.10% and a negative net margin of 564.34%.The firm had revenue of $4.94 million for the quarter, compared to the consensus estimate of $2.40 million. On average, analysts predict that Hyliion Holdings Corp. will post -0.33 earnings per share for the current fiscal year.

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.