Hyliion Holdings Corp. (HYLN) Stock Price & Analysis
Hyliion Holdings Corp. (HYLN) closed at USD 3.43 on Thursday, October 29, 2026, up 1.78% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 3.37; the Oct 29, 2026 session ranged USD 3.32–3.54 on volume of 1,075,583 shares. Market capitalization is $612.59M, with a 52-week range of USD 1.56–8.49 (ASE). Source: Nexqual, retrieved October 29, 2026 at 21:52 UTC.
Also available as compact Markdown for AI agents: nexqual.com/HYLN.md
Key facts (HYLN)
- Last four reported quarters (through Jun 30, 2026): revenue $9.2M, net income -$52.2M (-564.3% margin), free cash flow -$56.6M (SEC filings).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $170K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 1.75 on a 1–5 scale) (4 analysts), mean target USD 7.75 (range 5–10).
- Total return with dividends: 1Y +49.1% vs S&P 500 +14.4%; 5Y -57.6% vs S&P 500 +79.1%.
- Next earnings: 2026-11-10, EPS estimate USD -0.07, revenue estimate $4.8M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HYLN)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $200K | $2.1M | $672K | $1.5M | $3.5M | $9.2M |
| Gross profit | -$2.5M | -$6.7M | -$1.0M | $94K | $170K | — |
| Operating income | -$96.1M | -$159M | -$137M | -$64.3M | -$65.6M | -$58.7M |
| Net income | -$96.0M | -$153M | -$124M | -$52.0M | -$57.2M | -$52.2M |
| EPS (diluted) | -$0.56 | -$0.87 | -$0.68 | -$0.30 | -$0.33 | — |
| Free cash flow | -$82.9M | -$120M | -$124M | -$73.3M | -$70.3M | -$56.6M |
| Gross margin | -1268.5% | -316.8% | -155.4% | 6.2% | 4.9% | — |
| Operating margin | -48048.5% | -7551.3% | -20441.8% | -4261.0% | -1886.4% | -635.2% |
| Net margin | -48024.0% | -7281.9% | -18379.5% | -3449.2% | -1645.7% | -564.3% |
| Revenue growth | — | +953.0% | -68.1% | +124.6% | +130.3% | — |
| Cash + short-term investments | $377M | $313M | $163M | $120M | $92.4M | — |
| Total debt | $0K | — | — | — | — | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (HYLN)
P/S 66.3x · P/B 3.6x · FCF yield -9.24% · Earnings yield -8.52%
Insider purchases (SEC Form 4, open-market, last ~7 months) (HYLN)
1 purchase, $170K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-27 | Cubbage Vincent T. | Director | 50,000 | $170K | 3.4 | Too little history (no open-market trades in 2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (HYLN)
Consensus Buy (mean 1.75 on a 1–5 scale), 4 analysts; mean target USD 7.75 (low 5, high 10).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-29 | Craig-Hallum | Initiated | Buy | $7 |
| 2026-08-13 | Northland Capital Markets | Upgrade | Market Perform → Outperform | $10 |
Total return (dividends reinvested) (HYLN)
| 1Y (from 2025-10-30) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +49.1% | -57.6% |
| S&P 500 (SPY) | +14.4% | +79.1% |
| Per year | +49.3% | -15.7% |
| Volatility (annualized) | 98.3% | 89.7% |
| Max drawdown | -63.6% (Jun 2026→Oct 2026) | -93.6% (Nov 2021→Nov 2023) |
HYLN earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 11, 2026 | Quarter ended Jun 30, 2026 | −$0.08 | −$0.07 | Miss −14.3% | -1.0% |
| May 12, 2026 | Quarter ended Mar 31, 2026 | — | — | — | +30.1% |
| Feb 25, 2026 | Quarter ended Dec 31, 2025 | −$0.07 | −$0.09 | Beat +22.2% | +8.0% |
| Nov 12, 2025 | Quarter ended Sep 30, 2025 | −$0.08 | −$0.09 | Beat +11.1% | -22.9% |
| Aug 12, 2025 | — | — | — | — | +5.7% |
| May 13, 2025 | — | — | — | — | -12.3% |
| Feb 25, 2025 | — | — | — | — | +0.0% |
| Nov 14, 2024 | — | — | — | — | -5.9% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
HYLN recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 2, 2026 | 8-K | Director or executive officer change, or pay arrangement “On September 28, 2026, upon the recommendation of the Compensation Committee (the "Committee") of the Board of Directors (the "Board") of Hyliion Holdings Corp. (the "Company"), the Board approved and adopted the Hyliion Nonqualified Deferred Compensation Plan (the "Plan"). The Plan is an unfunded, nonqualified deferred compensation plan intended to comply with Section 409A of the Internal Revenue Code of 1986, as amended ("Section 409A") and will be administered by the Committee. Participation in the Plan is…” |
| Aug 11, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 11, 2026 | 8-K | Quarterly results |
| Jul 28, 2026 | Schedule 13G | BlackRock, Inc.: 5.7% of shares, passive 5%+ holder |
| Jul 24, 2026 | 8-K | Other material event “On July 22, 2026, Hyliion Holdings Corp. (the "Company") announced that it had been awarded a cost-plus-fixed-fee contract by the Office of Naval Research ("ONR") with a total contract value of approximately $42 million. The contract supports the High Efficiency/Low Maintenance Ultra Reliable ("HELMUR") Megawatt Scale Power Generation Units program. Under the contract, the Company will design, develop, build, test, and deliver 2-megawatt and 3-megawatt power generation units to ONR. The contract also includes work…” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
HYLN suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | NYSE American | “If our common stock is delisted from the NYSE American, the delisting could: substantially decrease trading in our common stock; adversely affect the market liquidity of our common stock; adversely affect our ability to issue additional securities or obtain additional financing in the future on acceptable terms, if at all; result in the potential loss of confidence by investors, suppliers, partners and employees a…” |
| Partner | Cedar Park Economic Development | “During the quarter ended March 31, 2024, in connection with our operations in Cedar Park, Texas, the Company entered into an agreement with the Cedar Park Economic Development Corporation ("EDC") that superseded prior agreements, whereby the Company would receive cash grants up to $1.1 million from the EDC at various measurement dates during the term of the agreement contingent upon the Company fulfilling and main…” |
| Competitor | Caterpillar (CAT) | “Key generator manufacturing competitors include Cummins, Bloom Energy, Generac, Rehlko (formerly Kohler), Caterpillar, Mainspring and Jenbacher, several of which maintain the largest market shares in the sector.” |
Quoted from the company's 10-K filed Feb 25, 2026.
Companies that name HYLN in their SEC reports
| Relationship to HYLN | Company | Filing | Sentence |
|---|---|---|---|
| partner | Swvl Holdings Corp (SWVL) | 20-F Apr 20, 2026 | “Notable investments that Ms. Grace either led or worked closely with include Apriso (acquired by Dassault Systemes), AZA Group (formerly BitPesa Ltd.), Lon, Inc. (d/b/a Bread) (acquired by Alliance Data Systems Operations), CargoX Ltd., Concourse Global Enrollment, Inc., Health Platforms Inc. (Doctor.com) (acquired by Press Ganey Associates LLC), EnsoData Inc., Hyliion Inc. (NYSE: HYLN), Maven Clinic Co., MaxBone,…” |
| partner | EGH Acquisition Corp. (EGHA) | 10-K Mar 20, 2026 | “We believe that we benefit from the valuable experience gained by our Board of Directors and Management Team during the launch and operation of Tortoise Acquisition III, Tortoise Acquisition II and Tortoise Acquisition I, including the process of evaluating numerous target companies and industry sectors, selecting Volta and Hyliion as Business Combination partners, negotiating the terms of the Business Combination…” |
HYLN customer concentration
In the period ended Jun 30, 2026, 2 direct customers each accounted for at least 10% (100%, 0%) of revenue, per the company's 10-Q filed Aug 11, 2026. The company does not name them.
HYLN company outlook (results filed Aug 11, 2026)
- “Hyliion is increasing its full year 2026 revenue guidance to approximately $15 million, a 50% increase from its previous outlook.”
- “The Company also continues to expect to complete an equipment financing transaction during 2026, with anticipated proceeds of $10 million to $15 million.”
- “As a result of higher revenue, lower capital spending, and planned equipment financing, Hyliion now expects net cash use of $30 million to $35 million during 2026, resulting in a year end cash and investments balance of $115 million to $120 million, compared with its previous outlook of approximately $100 million.”
Analysts expect $4.8M for the current quarter, 85.2% below the midpoint of the company's guidance ($32.5M).
Quoted word-for-word from the SEC 8-K results press release.
HYLN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.07 | $-0.09 | +$0.02 | $4.8M | 1 |
| Next quarter (ends Dec 2026) | $-0.07 | $-0.10 | +$0.03 | $2.5M | 1 |
| Current fiscal year (ends Dec 2026) | $-0.28 | $-0.38 | +$0.10 | $15.1M | 1 |
| Next fiscal year (ends Dec 2027) | $-0.30 | $-0.27 | −$0.03 | $36.1M | 2 |
HYLN options: expected move
Options price a move of about ±22.4% (±$0.75) by Nov 20, 2026, which includes earnings on Nov 10, 2026. Over the last 8 reports the stock moved ±10.7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 22 | 107.8% | ±22.4% |
| Dec 18, 2026 | 50 | 109.1% | ±32.1% |
| Jan 15, 2027 | 78 | 110.1% | ±39.6% |
| Apr 16, 2027 | 169 | 114.7% | ±57.5% |
30-day implied volatility 97.6% vs 74.7% realized over the last 30 trading days. Put/call ratio (volume) 0.56. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 21:52 UTC)
| Price | USD 3.43 |
|---|---|
| Change | ▲ 1.78% (up) |
| Previous Close | USD 3.37 |
| Open | USD 3.29 |
| Day Range | USD 3.32 – 3.54 |
| 52-Week Range | USD 1.56 – 8.49 |
| Volume | 1,075,583 shares |
| Market Cap | $612.59M |
| Exchange | ASE |
Technical Analysis (HYLN)
Nexqual's technical model rates HYLN "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 29, 2026 at 21:52 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 48.83 (neutral) |
| vs SMA50 | Below (USD 3.69) |
| MACD | -0.19 (negative) |
Analyst Ratings (HYLN)
Wall Street analysts rate HYLN "Buy" based on 4 analysts, with a mean price target of USD 7.75 (range USD 5–10), per Nexqual as of October 29, 2026 at 21:52 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 7.75 |
| High Target | USD 10 |
| Low Target | USD 5 |
| Buy / Hold / Sell | 4 / 0 / 0 |
Earnings (HYLN)
| Next Earnings Date | 2026-11-10 |
|---|---|
| EPS Estimate | USD -0.07 |
| Revenue Estimate | $4.80M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.08 vs est -0.07 ▼ miss |
| 2025-12-31 | USD -0.07 vs est -0.09 ▲ beat |
| 2025-09-30 | USD -0.08 vs est -0.09 ▲ beat |
Source: Nexqual, October 29, 2026 at 21:52 UTC.
Financials & Fundamentals (HYLN)
| Total Revenue | $9.25M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +226.30% |
| Gross Margin | +6.52% |
| Operating Margin | -314.64% |
| Profit Margin | +0.00% |
| ROE | -27.08% |
| Debt / Equity | 0.02 |
| Current Ratio | 7.6 |
| Total Cash | $64.18M |
| Total Debt | $3.05M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$56.62M (-612.3% of revenue) |
Source: Nexqual, October 29, 2026 at 21:52 UTC.
Financial Health Score (HYLN)
Nexqual rates Hyliion Holdings Corp.'s overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 21:52 UTC.
| Growth | Strong — Revenue +130% YoY (annual) |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Strong — $64M cash vs $3M debt, net cash position |
| Cash Flow | Weak — FCF negative: -$57M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -31%, ROA -29.1% (last 4 quarters, SEC) |
Ownership (HYLN)
| Insider Ownership | +28.42% |
|---|---|
| Institutional Ownership | +30.82% |
| Shares Outstanding | 178.60M |
| Float | 124.71M |
| Short % of Float | +10.68% |
Source: Nexqual, October 29, 2026 at 21:52 UTC.
Leadership (HYLN)
Hyliion Holdings Corp. is led by Thomas J. Healy, Founder, President, CEO & Director, per Nexqual as of October 29, 2026 at 21:52 UTC.
| Founder, President, CEO & Director | Thomas J. Healy |
|---|---|
| Chief Financial Officer | Jon T. Panzer |
| Chief Technology Officer | Joshua Mook |
Major Backers & Investors (HYLN)
Notable institutional backers of Hyliion Holdings Corp. include General Electric Company, Shaw D.E. & Co., Inc., Invesco, according to Nexqual as of October 29, 2026 at 21:52 UTC.
Active Investors
| Investor | Stake |
|---|---|
| General Electric Company | 3.17% |
| Shaw D.E. & Co., Inc. | 2.25% |
| Invesco | 1.37% |
| Fidelity | 1.17% |
| Millennium Management | 1.1% |
| T. Rowe Price | 0.92% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 6.6% |
| Vanguard Group | 3.2% |
| Geode Capital | 1.9% |
| State Street | 1.65% |
Source: Nexqual, October 29, 2026 at 21:52 UTC.
From Hyliion Holdings Corp.'s Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- We cannot be sure that patents will be granted with respect to any of our pending patent applications or with respect to any patent applications we may own or license in the future, nor can we be sure that any of our existing patents or any patents we may own or license in the future will be useful in protecting our technology.
Partnerships
- In July 2025, the Company was awarded a Phase II Small Business Innovation Research ("SBIR") best effort cost-plus-fixed fee contract up to $1.5 million by the United States Department of the Navy's Office of Naval Research ("ONR").
- In September 2024, Hyliion was awarded a cost-plus-fixed-fee contract of up to $16.0 million by the ONR to assess the suitability of its KARNO Power Module for Navy vessels and stationary power applications.
Legal & Regulatory Risks (Item 1A, quoted)
- Our ability to comply with governmental regulations applicable to U.S. defense contractors, including procurement procedures, could have a material impact on our future results of operations.
- We, our outsourcing partners and our suppliers are, or may be subject to, substantial regulation and unfavorable changes to, or failure by us, our outsourcing partners or our suppliers to comply with these regulations could substantially harm our business and operating results.
- We are exposed to risks related to tariffs, duties, and taxes that can significantly impact our global supply chains and operations, including, without limitation, the possibility of the increasing costs of components that we purchase from other countries or the shortage of, or difficulty in obtaining, such components.
- Changes in trade policies, the imposition of new tariffs, or alterations in tax regulations in the jurisdictions where we source our materials or sell our products could lead to increased costs and disruptions in our supply chain.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| KE | Kimball Electronics, Inc. | USD 27.01 | ▼ 0.07% |
| EOSE | Eos Energy Enterprises, Inc. | USD 1.98 | ▲ 1.54% |
| ADSE | ADS-TEC ENERGY PLC | USD 9.74 | ▲ 0.1% |
| ENVX | Enovix Corporation | USD 3.51 | ▼ 0.28% |
| TE | T1 Energy Inc. | USD 2.86 | ▲ 8.75% |
| FCEL | FuelCell Energy, Inc. | USD 12.18 | ▼ 1.62% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 21:52 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt