Northland Securities Lifts Earnings Estimates for Hyliion

Hyliion Holdings Corp. (NYSE:HYLNFree Report) – Investment analysts at Northland Securities raised their FY2027 earnings per share (EPS) estimates for shares of Hyliion in a research report issued to clients and investors on Thursday, February 26th. Northland Securities analyst E. Jackson now anticipates that the company will post earnings per share of ($0.34) for the year, up from their previous estimate of ($0.35). The consensus estimate for Hyliion’s current full-year earnings is ($0.28) per share.

Separately, Wall Street Zen raised shares of Hyliion from a “sell” rating to a “hold” rating in a report on Sunday, December 28th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Hyliion presently has an average rating of “Moderate Buy” and an average price target of $5.00.

Read Our Latest Stock Analysis on HYLN

Hyliion Stock Up 8.8%

Shares of NYSE:HYLN opened at $2.23 on Monday. The company has a market capitalization of $392.42 million, a price-to-earnings ratio of -6.03 and a beta of 2.57. The company has a 50 day moving average of $2.04 and a two-hundred day moving average of $1.97. Hyliion has a 52-week low of $1.11 and a 52-week high of $2.56.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of HYLN. Cubist Systematic Strategies LLC acquired a new stake in shares of Hyliion during the 1st quarter worth approximately $26,000. AQR Capital Management LLC grew its stake in Hyliion by 15.1% during the 1st quarter. AQR Capital Management LLC now owns 76,957 shares of the company’s stock worth $108,000 after buying an additional 10,076 shares during the last quarter. Millennium Management LLC lifted its stake in Hyliion by 27.4% in the first quarter. Millennium Management LLC now owns 6,295,760 shares of the company’s stock valued at $8,814,000 after buying an additional 1,355,951 shares during the last quarter. Jane Street Group LLC lifted its stake in Hyliion by 941.8% in the first quarter. Jane Street Group LLC now owns 114,997 shares of the company’s stock valued at $161,000 after buying an additional 103,959 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of Hyliion during the first quarter valued at $214,000. Institutional investors own 22.81% of the company’s stock.

About Hyliion

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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.

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Earnings History and Estimates for Hyliion (NYSE:HYLN)

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