Analysts Issue Forecasts for Hyliion FY2028 Earnings

Key Points

• Northland Securities forecasts Hyliion will report a FY2028 loss of $0.25 per share, while maintaining an “Outperform” rating and a $10 price target.
• Hyliion’s latest quarterly results matched expectations with a loss of $0.08 per share, but revenue of $4.94 million exceeded the $2.40 million consensus estimate; the company continued to report deeply negative margins and return on equity.
• Analyst sentiment remains positive, with three Buy ratings, an average target price of $8.00, and institutional investors holding 22.81% of the stock.

Hyliion Holdings Corp. (NYSEAMERICAN:HYLN - Free Report) - Investment analysts at Northland Securities issued their FY2028 earnings per share estimates for shares of Hyliion in a report issued on Thursday, August 13th. Northland Securities analyst T. Jackson forecasts that the company will post earnings of ($0.25) per share for the year. Northland Securities has a "Outperform" rating and a $10.00 price objective on the stock. The consensus estimate for Hyliion's current full-year earnings is ($0.33) per share.

Hyliion (NYSEAMERICAN:HYLN - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($0.08) EPS for the quarter, meeting the consensus estimate of ($0.08). The business had revenue of $4.94 million during the quarter, compared to analysts' expectations of $2.40 million. Hyliion had a negative return on equity of 27.10% and a negative net margin of 564.34%.

Separately, Needham & Company LLC initiated coverage on shares of Hyliion in a research note on Wednesday, June 10th. They issued a "buy" rating and a $9.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $8.00.

Hyliion Stock Performance

Shares of NYSEAMERICAN HYLN opened at $4.11 on Friday. Hyliion has a one year low of $1.47 and a one year high of $8.49. The firm has a market capitalization of $732.94 million, a P/E ratio of -13.70 and a beta of 3.52. The company's fifty day moving average is $4.89 and its two-hundred day moving average is $3.45.

Hedge Funds Weigh In On Hyliion

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Deutsche Bank AG boosted its position in Hyliion by 3.2% during the fourth quarter. Deutsche Bank AG now owns 187,016 shares of the company's stock worth $344,000 after purchasing an additional 5,873 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Hyliion by 10.9% in the second quarter. JPMorgan Chase & Co. now owns 76,835 shares of the company's stock valued at $101,000 after buying an additional 7,574 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Hyliion by 7.0% during the 3rd quarter. Alliancebernstein L.P. now owns 152,020 shares of the company's stock worth $299,000 after buying an additional 10,000 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of 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. Finally, Apella Capital LLC boosted its position in shares of Hyliion by 56.9% in the 2nd quarter. Apella Capital LLC now owns 33,030 shares of the company's stock worth $172,000 after buying an additional 11,972 shares in the last quarter. 22.81% of the stock is owned by institutional investors and hedge funds.

Hyliion Company Profile

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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