Latest news with #HYLN
Yahoo
7 hours ago
- Business
- Yahoo
This Clean Energy Penny Stock Has U.S. Military Backing. Should You Buy It Now?
At the end of May, Hyliion (HYLN) caught the market's eye with a breakthrough that turned the tide in its favor. The company secured selection from the Air Force and the Department of Defense's Chief Digital and Artificial Intelligence Office to meet a critical operational need. Hyliion will supply its KARNO power modules which will help the Air Force maintain essential functions during fuel supply disruptions by effortlessly switching between available fuels. Investors reacted swiftly, sending HYLN stock up by 50% on May 28. The 'Golden Era' for Tesla Starts June 22. Should You Buy TSLA Stock First? 3 Highly-Rated Dividend Stocks You've Probably Never Heard Of (But Should) AMD Just Landed a New Microsoft Partnership. Should You Buy AMD Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Having earned status to directly support the Air Force, Hyliion now stands on firmer ground and can help the military's shift toward a more flexible and resilient energy framework. With a significant catalyst behind it and a nearly 50% upside potential, how should you play HYLN stock here? Hyliion (HYLN), is currently valued at $251 million. The company develops generators for stationary and mobile use. Its flagship KARNO generator operates on conventional fuels, landfill and wellhead gas, plus renewable hydrogen and ammonia, delivering versatile, efficient distributed power solutions across a wide range of energy sources. Despite the broader market winds pushing against it, with a year-to-date decline of 47.5%, HYLN has now turned the tables. Over the past month, the stock has climbed by nearly 9%, in attempt to turnaround its story. On May 13, Hyliion released its first-quarter earnings report for 2025, revealing results that fell short of Wall Street's projections. The company reported revenue of $489,000, primarily derived from research and development services under its contract with the Office of Naval Research. The figure lagged the anticipated $1.1 million. The cost of revenue stood at $477,000, leading to a near-breakeven gross margin for the quarter. Operating expenses climbed 3.9% to $19.7 million, driven by an increase in R&D spending, which surged to $12.2 million from $8 million in Q1 2024. The jump reflected intensified activity in additive manufacturing, procurement of long-lead components, and escalating costs tied to ongoing development of KARNO Power Modules. The bottom line showed net loss widening 10.7% to $17.3 million. Loss per share grew 11.1% year over year coming in at $0.10, missing the expected $0.08 per-share loss. Consequently, the company now anticipates full-year 2025 cash outlays around $65 million, an increase from its previous $60 million guidance. Hyliion has maintained its full-year revenue guidance of $10 million to $15 million, propelled by KARNO module sales and ongoing R&D services, while projecting a year-end cash and investment balance near $155 million. Analysts, meanwhile, foresee the Q2 loss per share widening by 50% to $0.09 and full-year 2025 losses increasing by 17.9% to $0.33. The outlook for 2026, however, shows a silver lining, with loss per share expected to narrow by 3% to $0.32. Despite unveiling fresh developments and forging new collaborations, Hyliion finds itself grappling with sluggish revenue growth and mounting operational expenses. A single announcement of a military partnership, while promising, falls short of igniting strong investor confidence in the stock. Currently, HYLN carries a 'Hold' consensus with only one analyst in coverage. That analyst has a price target of $2 on shares, representing upside potential of nearly 50%. On the date of publication, Aanchal Sugandh did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
29-05-2025
- Business
- Yahoo
Hyliion Holdings KARNO Power Module selected by US Air Force for initiative
Hyliion Holdings (HYLN) announced its KARNO Power Module was selected by the Department of the Air Force and the Department of Defense's Chief Digital and Artificial Intelligence Office to respond to an operational requirement. The initiative aims to maintain critical operations during fuel supply disruptions by allowing seamless transitions between available fuels. Hyliion was selected through the Tradewinds Solutions Marketplace process, designed to accelerate procurement of mission critical technologies. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on HYLN: Disclaimer & DisclosureReport an Issue Hyliion Holdings Annual Meeting Key Decisions Unusually active option classes on open May 21st Hyliion Holdings Corp. Earnings Call: Progress Amid Challenges Hyliion Holdings Reports Q1 2025 Financial Results Hyliion Holdings reports Q1 EPS (10c) vs. (9c) last year Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-04-2025
- Automotive
- Yahoo
Why Hyliion Holdings Corp (HYLN)is Plunging in 2025?
We recently published a list of . In this article, we are going to take a look at where Hyliion Holdings Corp (NYSE:HYLN) stands against other electric vehicle stocks that are plunging in 2025. The electric vehicle sector surged in popularity during the immediate post-COVID era as investors poured money into what seemed like the future of transportation. Back then, the promise of a green revolution fueled sky-high valuations and bold predictions. But that enthusiasm has since fizzled. Most electric vehicle stocks have plunged significantly and delivered consistent losses to shareholders. Tesla seems to be the only company capable of selling electric vehicles in the West profitably, but even that company has been under tremendous pressure due to the politicization of its brand. After Trump's election, things look even bleaker for these companies and many of them are plunging. That said, many analysts now think that there are buying opportunities here, especially as a large portion of Tesla customers who previously would've bought Teslas are now likely to buy alternative EVs. Trump may also be softer than previously thought on EVs, as EV subsidies are still in place. It's a good idea to take a look at the EV stocks that have been sold off the most so far this year. For this article, I screened the worst-performing electric vehicle stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A technician wearing a safety suit and goggles working on a battery pack for an electric vehicle. Number of Hedge Fund Holders In Q4 2024: 13 Hyliion Holdings Corp (NYSE:HYLN) is a power generation company, and it was previously a company that made powertrains. The stock is down significantly so far in 2025 as Hyliion reported a fourth-quarter net loss of $14.4 million, an improvement from the prior year but still significant. Full-year 2024 losses totaled $52 million. The company projected 2025 revenue of only $10-15 million, with expected cash expenditures of $60 million for KARNO generator development and commercialization. The consensus price target of $2 implies 40.35% upside. HYLN stock is down 46.17% year-to-date. Overall, HYLN ranks 6th on our list of electric vehicle stocks that are plunging in 2025. While we acknowledge the potential of HYLN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HYLN but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
