NYSE:HLGN Heliogen (HLGN) Stock Forecast, Price & News $3.61 +0.17 (+4.94%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$3.47▼$3.6450-Day Range$3.40▼$10.5052-Week Range$3.28▼$84.70Volume9,059 shsAverage Volume70,592 shsMarket Capitalization$21.19 millionP/E RatioN/ADividend YieldN/APrice Target$70.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Heliogen MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside1,839.1% Upside$70.00 Price TargetShort InterestHealthy2.73% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$47,766 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.03 out of 5 starsOils/Energy Sector156th out of 242 stocksElectric Services Industry36th out of 42 stocks 3.0 Analyst's Opinion Consensus RatingHeliogen has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.00, Heliogen has a forecasted upside of 1,839.1% from its current price of $3.61.Amount of Analyst CoverageHeliogen has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.73% of the float of Heliogen has been sold short.Short Interest Ratio / Days to CoverHeliogen has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Heliogen has recently decreased by 31.39%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldHeliogen does not currently pay a dividend.Dividend GrowthHeliogen does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HLGN. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Heliogen this week, compared to 0 articles on an average week.Search Interest9 people have searched for HLGN on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Heliogen to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Heliogen insiders have bought more of their company's stock than they have sold. Specifically, they have bought $47,766.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.00% of the stock of Heliogen is held by insiders.Percentage Held by Institutions48.64% of the stock of Heliogen is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Heliogen is -0.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Heliogen is -0.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioHeliogen has a P/B Ratio of 0.16. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Heliogen (NYSE:HLGN) StockHeliogen, Inc., a renewable energy technology company, operates in decarbonizing industry with concentrated sunlight. It is developing a solar solution utilizing computer vision software to align an array of mirrors, reflecting sunlight to a target on the top of a tower. Its artificial intelligence enabled modular system delivers renewable energy in the form of heat, power, or hydrogen fuel. The company's solutions include HelioHeat, a carbon-free, ultra-high temperature heat to power heavy industrial processes, including the making of cement, steel, and petrochemicals; HelioPower that provides power made from sunlight using supercritical CO2 turbines to power industrial facilities, data centers, and mining operations; and HelioFuel that offers clean fuels, such as green hydrogen that is used to power industry and as fuel in transportation, heavy equipment, and household heating. The company was formerly known as Edison Microgrids, Inc. and changed its name to Heliogen, Inc. in November 2019. The company was founded in 2013 and is headquartered in Pasadena, California.Read More HLGN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HLGN Stock News HeadlinesSeptember 1, 2023 | msn.comHLGN, HE and HTOO are among utility moversSeptember 1, 2023 | finance.yahoo.comRetail investors are Heliogen, Inc.'s (NYSE:HLGN) biggest owners and were hit after market cap dropped US$459mSeptember 28, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.August 25, 2023 | marketwatch.comHeliogen to Implement 1-for-35 Reverse Stock SplitAugust 25, 2023 | finance.yahoo.comHeliogen Announces 1-for-35 Reverse Stock SplitAugust 11, 2023 | finance.yahoo.comHeliogen, Inc. to Participate in Fireside Chat at SHARE Series EventAugust 9, 2023 | seekingalpha.comHeliogen, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 8, 2023 | finance.yahoo.comHeliogen, Inc. Announces Second Quarter 2023 Financial and Operational ResultsSeptember 28, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.July 26, 2023 | finance.yahoo.comWill Heliogen (NYSE:HLGN) Spend Its Cash Wisely?July 26, 2023 | finance.yahoo.comHeliogen, Inc. Schedules Release of Second Quarter 2023 Financial Results and Conference CallJuly 10, 2023 | markets.businessinsider.comHeliogen Appoints Sagar Kurada As CFOJuly 10, 2023 | finance.yahoo.comHeliogen Appoints Sagar Kurada as Chief Financial Officer and Head of StrategyJuly 6, 2023 | finance.yahoo.comHeliogen (NYSE:HLGN) investors are sitting on a loss of 89% if they invested a year agoJune 22, 2023 | benzinga.com85K Reasons To Be Bullish On Heliogen StockJune 20, 2023 | finance.yahoo.comHeliogen and NantG Power Announce Strategic Collaboration to Innovate Solar Thermal Calcination DesignJune 13, 2023 | msn.comCitigroup Maintains Heliogen Inc - (HLGN) Neutral RecommendationJune 12, 2023 | markets.businessinsider.comCiti Remains a Hold on Heliogen (HLGN)June 11, 2023 | finance.yahoo.comWhen Will Heliogen, Inc. (NYSE:HLGN) Breakeven?June 6, 2023 | bizjournals.comHeliogen signs contract with city of Lancaster to produce hydrogen to fuel city projectsJune 6, 2023 | finance.yahoo.comHeliogen and the City of Lancaster Advance Hydrogen Economy Through the City’s First Green Hydrogen Contract to Fuel Municipal FleetMay 17, 2023 | markets.businessinsider.comSiebert Williams Shank & Co Reaffirms Their Hold Rating on Heliogen (HLGN)May 10, 2023 | seekingalpha.comHeliogen GAAP EPS of -$0.05 beats by $0.10, revenue of $1.9M misses by $3.74MMay 9, 2023 | finance.yahoo.comHeliogen, Inc. Announces First Quarter 2023 Financial and Operational ResultsMay 3, 2023 | finance.yahoo.comHeliogen to Participate in Upcoming Institutional Investor ConferencesApril 26, 2023 | finance.yahoo.comHeliogen, Inc. Schedules Release of First Quarter 2023 Financial Results and Conference CallApril 24, 2023 | finance.yahoo.comHeliogen Rejects Unsolicited Acquisition Proposal from Continuum RenewablesSee More Headlines Receive HLGN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Heliogen and its competitors with MarketBeat's FREE daily newsletter. Email Address HLGN Company Calendar Last Earnings8/08/2023Today9/28/2023Next Earnings (Estimated)11/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:HLGN CUSIPN/A CIK1840292 Webwww.athena1.com Phone626-720-4530FaxN/AEmployees220Year FoundedN/APrice Target and Rating Average Stock Price Forecast$70.00 High Stock Price Forecast$70.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside+1,839.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($16.7832) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-142,000,000.00 Net Margins-852.32% Pretax Margin-854.82% Return on Equity-80.05% Return on Assets-51.42% Debt Debt-to-Equity RatioN/A Current Ratio2.43 Quick Ratio2.35 Sales & Book Value Annual Sales$13.75 million Price / Sales1.54 Cash FlowN/A Price / Cash FlowN/A Book Value$22.71 per share Price / Book0.16Miscellaneous Outstanding Shares5,870,000Free Float5,690,000Market Cap$21.19 million OptionableOptionable Beta2.17 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMs. Christiana Obiaya (Age 39)CEO & Director Comp: $521.75kMr. Thomas P. Doyle P.E. (Age 60)Chief Commercial Officer Comp: $412.52kMr. Sagar C. Kurada (Age 44)CFO & Head of Strategy Leon ParkhouseHead of OperationsMs. Kelly Rosser (Age 47)Chief Accounting Officer Mr. Steven Schell (Age 43)Chief Scientist Mr. Louis G. BaltimoreVP of Investor RelationsMs. Debbie ChenGen. Counsel & Corp. Sec.Ms. Michelle Johnson CobbSr. VP of MarketingMs. Tanya PetersonSr. VP of People OperationsMore ExecutivesKey CompetitorsOcean Power TechnologiesNASDAQ:OPTTSunworksNASDAQ:SUNWSnow Lake ResourcesNASDAQ:LITMHouston American EnergyNYSE:HUSASuperior Drilling ProductsNYSE:SDPIView All CompetitorsInsiders & InstitutionsNant Capital, LlcBought 7,360 shares on 9/1/2023Total: $47,766.40 ($6.49/share)Y Intercept Hong Kong LtdBought 348,413 shares on 8/15/2023Ownership: 0.227%Citadel Advisors LLCSold 1,100 shares on 8/15/2023Ownership: 0.000%State Street CorpSold 1,291,817 shares on 8/14/2023Ownership: 0.221%Baird Financial Group Inc.Bought 100,000 shares on 8/11/2023Ownership: 0.102%View All Insider TransactionsView All Institutional Transactions HLGN Stock - Frequently Asked Questions Should I buy or sell Heliogen stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Heliogen in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HLGN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HLGN, but not buy additional shares or sell existing shares. View HLGN analyst ratings or view top-rated stocks. What is Heliogen's stock price forecast for 2023? 1 equities research analysts have issued 12-month target prices for Heliogen's stock. Their HLGN share price forecasts range from $70.00 to $70.00. On average, they predict the company's share price to reach $70.00 in the next twelve months. This suggests a possible upside of 1,839.1% from the stock's current price. View analysts price targets for HLGN or view top-rated stocks among Wall Street analysts. How have HLGN shares performed in 2023? Heliogen's stock was trading at $24.4370 at the beginning of the year. Since then, HLGN stock has decreased by 85.2% and is now trading at $3.61. View the best growth stocks for 2023 here. Are investors shorting Heliogen? Heliogen saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 122,200 shares, a drop of 31.4% from the August 31st total of 178,100 shares. Based on an average daily volume of 76,800 shares, the short-interest ratio is currently 1.6 days. Currently, 2.7% of the company's stock are short sold. View Heliogen's Short Interest. When is Heliogen's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023. View our HLGN earnings forecast. How were Heliogen's earnings last quarter? Heliogen, Inc. (NYSE:HLGN) issued its earnings results on Tuesday, August, 8th. The company reported ($3.85) earnings per share for the quarter. The firm had revenue of $1.39 million for the quarter. Heliogen had a negative trailing twelve-month return on equity of 80.05% and a negative net margin of 852.32%. When did Heliogen's stock split? Heliogen's stock reverse split on the morning of Friday, September 1st 2023. The 1-35 reverse split was announced on Friday, September 1st 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 1st 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. What is Heliogen's stock symbol? Heliogen trades on the New York Stock Exchange (NYSE) under the ticker symbol "HLGN." Who are Heliogen's major shareholders? Heliogen's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.60%), Renaissance Technologies LLC (0.53%), Geode Capital Management LLC (0.42%), Y Intercept Hong Kong Ltd (0.23%), State Street Corp (0.22%) and Charles Schwab Investment Management Inc. (0.21%). Insiders that own company stock include Andrew Alan Lambert, Christiana Obiaya, Dakin Sloss, Kelly Rosser, Nant Capital, Llc, Neotribe Partners I, Llc, Paul Gauche, Thomas P Doyle and William Gross. View institutional ownership trends. How do I buy shares of Heliogen? Shares of HLGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Heliogen's stock price today? One share of HLGN stock can currently be purchased for approximately $3.61. How much money does Heliogen make? Heliogen (NYSE:HLGN) has a market capitalization of $21.19 million and generates $13.75 million in revenue each year. The company earns $-142,000,000.00 in net income (profit) each year or ($16.7832) on an earnings per share basis. How many employees does Heliogen have? The company employs 220 workers across the globe. How can I contact Heliogen? Heliogen's mailing address is 125 TOWNPARK DRIVE SUITE 300, KENNESAW GA, 30144. The official website for the company is www.athena1.com. The company can be reached via phone at 626-720-4530 or via email at cherita@athena1.com. This page (NYSE:HLGN) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Heliogen, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.