Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion Holdings”), a leader in electrified powertrain solutions for Class 8 commercial vehicles, today reported third quarter financial results for fiscal year 2020 for Hyliion Inc. (“Hyliion”). 3 Wall Street analysts have issued ratings and price targets for Hyliion in the last 12 months. Hyliion is forecasting total revenue of $344 million in 2022, $1.019 billion in 2023, and $2.091 billion in 2024. Better Investments Out There Than Hyliion Stock Let’s look at the EV sector in general at the moment. Registration on or use of this site constitutes acceptance of our, New Battery Module Will Help Hyliion Get Its Mojo Back, Auto sector jolted by intense selling in electric vehicle stocks, Buy Social Capital Hedosophia Holdings IV Even If You’re Skeptical of SPAC Mania, 8 Electric Vehicle Stocks That Are More Than Just a Fad. While Hyliion operates in the EV space, its business model is unique because it doesn’t make cars. The company’s stock price has fallen by over 47 percent since it went public. Shares tumbled 9% to close at 16.81 in Tuesday's stock market trading.HYLN stock remains deep in … Latest Share Price and Events Stable Share Price : HYLN is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week. All rights reserved. Hyliion 2021 stock forecast and beyond – Bullish side Analysts For example, Wallet Investors forecasts HYLN to reach $112.573 and $717.578, in 2021, and 2025, respectively. Hyliion stock fell by 18 percent on Nov. 30 and closed at $20.08. HYLN’s business model is somewhat similar to XL Fleet’s business model, which helps electrify commercial and municipal fleets from internal combustion engines to plug-in hybrid drive systems. 76.4% of retail CFD accounts lose money. * Average Estimates in Million (e.g. Hyliion Hldg Corp stock price prediction is an act of determining the future value of Hyliion Hldg shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation.The successful prediction of Hyliion Hldg stock future price could yield a … Get the latest Hyliion Holdings Corp. HYLN detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Only a handful of the companies will differentiate themselves based on their offerings, business model, and execution. Source: FactSet. Faster EV charging is important and EV-makers like NIO are trying to address the need by introducing BaaS (battery-as-a-service). If we value Hyliion on similar valuation metrics, potential stock price based on price to sales come to almost $43 and $85 / share based on similar EV to 2024 adjusted EBITDA multiple. Instead, the company makes electric powertrains that can turn existing diesel tractor-trailer trucks into hybrids, which cause less emission and are much more efficient. Hyliion seems to have an edge through its differentiated business model. Company profile page for Hyliion Inc including stock price, company news, press releases, executives, board members, and contact information HYLN Stock. These multiples are very reasonable given the mushrooming valuations of other players in the EV space. *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart. Pro forma implied market capitalization of the combined company over $1.5 billion. Transaction includes an upsized $325 million fully committed PIPE. The battery retains more than 80 percent of its capacity after 800 charging cycles. What’s in Store for FuelCell Energy (FCEL) Stock in 2021, NIO’s Stock Rally Takes a Breather, Looks Like a Buy Amid the Pullback, Plug Power's Stock Price Forecast in 2021 Amid Its Current Free Fall. Hyliion stock might be worth a look now that it has fallen a good deal. As of 2021 February 24, Wednesday … 0.57%. Hyliion Holdings to Announce Fourth Quarter 2020 Financial Results on February 23, 2021. Due to the increased investor and consumer interest in EVs, many EV companies have mushroomed. (Hyliion's own trailing-12-month revenue, according to S&P Global Market Intelligence, is zero, with a $17.2 million net loss.) HYLN: Get the latest Hyliion stock price and detailed information including HYLN news, historical charts and realtime prices. 5.37%. Hyliion can help bridge that gap and come in handy for many industries in the meantime. Get Hyliion Holdings Corp (HYLN:NYSE) real-time stock quotes, news, price and financial information from CNBC. Sentiment. Hyliion Holdings Corp stock price prediction is an act of determining the future value of Hyliion Holdings shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation.The successful prediction of Hyliion Holdings stock future price could yield a significant profit. It will take significant costs and time to change the existing vehicles to zero-emission without changing the whole fleet. According to Yahoo Finance, three analysts cover Hyliion. On Feb. 3, Goldman Sachs downgraded Hyliion stock from neutral to sell. Their average target price is $19.67, which implies a 5 percent downside for the stock. HYLN 17.09 0.97 (5.37%) Post-Market 0.23 (1.35%) NYSE Updated Jan 28, 2021 4:59 PM. Their average twelve-month price target is $19.67, predicting that the stock has a possible upside of 9.26%. One has a buy, while two have a hold rating for the stock. Since the auto industry is required to reduce emissions, Hyliion’s differentiated business model can help it achieve exactly that without owning or leasing a completely electric fleet. HYLN | Complete Hyliion Holdings Corp. stock news by MarketWatch. The average 12-month stock price forecast for Hyliion is 19.67, which is an increase of 6.50% from the latest price. Stock quotes by finanzen.net, Plus500. The company went public through a reverse merger in October 2020. Price trends tend to persist, so it's worth looking at them when it comes to a share like Hyliion Holdings. Find real-time HYLN - Hyliion Holdings Corp stock quotes, company profile, news and forecasts from CNN Business. Like many other EV companies, Hyliion doesn’t generate any product revenues right now. Turning to the calls side of the option chain, the call contract at the $20.00 strike price has a current bid of $1.40. How has Hyliion Holdings's share price performed over time and what events caused price changes? Price. 3 equities research analysts have issued 1-year price targets for Hyliion's stock. Hyliion Valuation & Funding. Looking at the revenue and EBITDA projections that the company provided, it's valued at a 2024 EV-to-revenue multiple of 1.22x and an EV-to-EBITDA multiple of 4.1x. In that scenario, the Hyliion stock price would be well past $100, against a current $18. Over the past six months, the relative strength of its shares against the market has been -47.24%. This offering allows users to replace their empty batteries with charged ones, which eliminates the time needed for charging. As of 2021 January 13, Wednesday current price of HYLN stock is 17.250$ and our data indicates that the asset price has been stagnating for the past 1 year (or since its inception).. Hyliion Holdings Corp. has been showing a declining tendency so we believe that similar market segments were mildly popular in the given time frame. However, the company expects to post revenues of $2 billion by 2024 and hit an EBITDA of $600 million. Revenue) or per share (e.g. One has a buy, while two have a hold rating for the stock. On some metrics, Hyliion’s battery module seems to be superior to these specifications. At the end of the trading day, the stock’s price was $16.58, reflecting an intraday loss of -1.37% or -$0.23. For that matter, even Tortoise, the company that bought Hyliion… Deal Type EV-truck maker Hyliion (HYLN) stock surged by nearly 32 percent on Feb. 11. The battery is a key to any EV-maker and a battery that has five times the life of a conventional EV battery and charges in under 8 minutes could be a game-changer for any player. Hyliion will be merging with Tortoise Acquisition Corp. (NYSE: SHLL) and the newly combined company will remain on the New York Stock Exchange under the new ticker symbol (“HYLN”). About the Hyliion Holdings Corp. stock forecast. HYLN stock rose 1.7% overnight following Q4 results. Our stock price predictions cover a period of 3 months. 36,833. View today's stock price, news and analysis for Hyliion Holdings Corp. (HYLN). Hyliion Stock Performance (As of Monday Closing) Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS; $18.47: $18.00: $15.21 - $43.10: $2.84B: 154M: 8.35M: Public Fundamental Data provided by Morningstar, Inc. disclaimer. Stock Predictons by days: 2021 Search Stock, FX pair, Crypto, or Commodity... Hyliion Holdings Corporation - Class A Stock Forecast and Price Prognosis Data for 2021 Hyliion Holdings Corporation - Class A Stock Price Forecast for 2021: September 2021: Open: 22.065: Close: 22.771: Min: 21.993: Max: 22.871: Change: 3.1 % Hyliion Holdings Corporation - Class A Stock Price Forecast for 2021: October 2021: Open: 22.965: Close: 23.744: Min: … Hyliion Holdings Corp. manufactures hybrid and electric powertrains for trucks. ... HYLN's stock forecast. About the Hyliion Holdings Corp. stock forecast. HYLN stock is down significantly but its fair value is 22% above today's price. The company claims that its battery can charge to 80 percent capacity in 15 minutes. On average, they expect Hyliion's stock price to reach $19.67 in the next year. Goldman Sachs analyst Mark Delaney thinks that “the battery electric vehicles and zero-emission technologies are making faster progress than he previously expected.” He thinks that these developments will limit traction for Hyliion’s ERX powertrain. ... only two analysts are covering HYLN stock. Dividend). This suggests a possible upside of 9.3% from the stock's current price. However, not all EV companies will be successful. The reason for investors' euphoria was the unveiling of a new and improved battery module by the company. While most of the other EV companies produce fully or hybrid electric vehicles for the mainstream or niche auto market, HYLN helps electrify the auto industry — in contrast to other EV players like Workhorse Group, Nikola, and QuantumScape. View Hyliion Holdings Corp. HYLN investment & stock information. Price … Disclaimer | Given its reasonable valuation and the continuous improvements in technology, Hyliion looks like a buy even after the recent surge. We use big data and artificial intelligence to forecast stock prices. While the overall EV space saw increased investor interest and higher EV stock prices, HYLN broadly missed the rally. Find the latest Hyliion Holdings Corp. (HYLN) stock quote, history, news and other vital information to help you with your stock trading and investing. Another EV-maker QuantumScape also came up with a new battery module in December 2020, which touted to solve many battery issues. It engages in the provision of hybrid technology to tractor trailers. What is the forecast for Hyliion stock in 2021? Hyliion’s enterprise value is just about $2.5 billion. HYLIION LIVE Q4 EARNINGS CALL HYLN STOCK PREDICTIONJoin the LIVE investor presentation and analysis Q&A for the Hyliion stock. An important predictor of whether a stock price will go up is its track record of momentum. What’s the Federal Tax Credit for Electric Cars in 2021. According to Yahoo Finance, three analysts cover Hyliion. The company was founded by Thomas Healy in 2015 and is headquartered in Cedar Park, TX. View real-time stock prices and stock quotes for a full financial overview. Hyliion CEO Thomas Healey said, “The development of this next generation battery module represents a key milestone in the Hybrid commercialization process, further strengthening our overall technology platform as we innovate future solutions.”. We cover the US equity market. Price. The high price target for HYLN is $27.00 and the low price target for HYLN is $12.00. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Their forecasts range from $12.00 to $27.00. Made In NYC | Shareholder percentage totals can add to more than 100% because some holders are included in the free float. During the last session, Hyliion Holdings Corp. (NYSE:HYLN)’s traded shares were 8,287,643, with the beta value of the company hitting 0. © 2021 Insider Inc. and finanzen.net GmbH (Imprint). Commerce Policy | Some people think that the technologies that aren't zero-emission but reduce emissions might be overlooked by the market. The company’s new battery promises a longer battery life, higher charging rates, and improved safety. However, that might not be the case.
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