Heliogen, Inc. (HLGN)

NYSE: HLGN · IEX Real-Time Price · USD
3.70
-0.04 (-1.07%)
At close: Sep 22, 2023, 4:00 PM
3.81
+0.11 (2.97%)
After-hours: Sep 22, 2023, 7:11 PM EDT
-1.07%
Market Cap 21.75M
Revenue (ttm) 11.15M
Net Income (ttm) -95.04M
Shares Out 5.88M
EPS (ttm) -16.80
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 29,680
Open 3.74
Previous Close 3.74
Day's Range 3.67 - 3.98
52-Week Range 0.17 - 9.25
Beta 2.13
Analysts Hold
Price Target 8.75 (+136.49%)
Earnings Date Nov 6, 2023

About HLGN

Heliogen, 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, ... [Read more]

Sector Utilities
Founded 2013
Employees 220
Stock Exchange NYSE
Ticker Symbol HLGN
Full Company Profile

Financial Performance

In 2022, Heliogen's revenue was $13.75 million, an increase of 56.19% compared to the previous year's $8.80 million. Losses were -$142.00 million, 3.34% more than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for HLGN stock is "Hold" and the 12-month stock price forecast is $8.75.

Price Target
$8.75
(136.49% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Heliogen Announces 1-for-35 Reverse Stock Split

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, announced today that its Board of Directo...

4 weeks ago - Business Wire

Heliogen, Inc. to Participate in Fireside Chat at SHARE Series Event

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy, is pleased to announce its participation in the SHAR...

6 weeks ago - Business Wire

Heliogen, Inc. Announces Second Quarter 2023 Financial and Operational Results

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its second quarter 2023 fi...

6 weeks ago - Business Wire

Heliogen, Inc. Schedules Release of Second Quarter 2023 Financial Results and Conference Call

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced that it will release financial and o...

2 months ago - Business Wire

Heliogen Appoints Sagar Kurada as Chief Financial Officer and Head of Strategy

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (NYSE: HLGN) (the “Company”), a leading provider of AI-enabled concentrating solar energy technology, today announced the appointment of Sag...

2 months ago - Business Wire

Heliogen and NantG Power Announce Strategic Collaboration to Innovate Solar Thermal Calcination Design

PASADENA, Calif. & CULVER CITY, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, and NantG Power, LLC, an adva...

3 months ago - Business Wire

Heliogen and the City of Lancaster Advance Hydrogen Economy Through the City's First Green Hydrogen Contract to Fuel Municipal Fleet

PASADENA, Calif. & LANCASTER, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced the e...

3 months ago - Business Wire

Heliogen, Inc. Announces First Quarter 2023 Financial and Operational Results

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its first quarter 2023 financial and...

4 months ago - Business Wire

Heliogen to Participate in Upcoming Institutional Investor Conferences

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced participation in upcoming institutional invest...

5 months ago - Business Wire

Heliogen, Inc. Schedules Release of First Quarter 2023 Financial Results and Conference Call

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced that it will release financial and operating r...

5 months ago - Business Wire

Heliogen Rejects Unsolicited Acquisition Proposal from Continuum Renewables

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen” or the “Company”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that its Board of ...

5 months ago - Business Wire

Air Water Ventures Ltd. to Go Public Through Business Combination with Athena Technology Acquisition Corp. II

NEW YORK & ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Air Water Ventures Ltd., a first mover in direct air-to-water technology (the “Company”), and Athena Technology Acquisition Corp. II (NYSE:...

5 months ago - Business Wire

Heliogen Adopts Limited Duration Stockholder Rights Plan

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen” or the “Company”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that its Board of ...

5 months ago - Business Wire

Heliogen Confirms Receipt of Unsolicited, Non-Binding Acquisition Proposal

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen” or the “Company”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that it has receiv...

5 months ago - Business Wire

Continuum Renewables, Inc. Proposes to Purchase Heliogen, Inc. for $0.40 Per Share

PASADENA, Calif.--(BUSINESS WIRE)--Continuum Renewables, Inc. (Continuum Renewables) today announced its intention to acquire Heliogen, Inc. [NYSE: HLGN] for $0.40 per share of common stock in a non-b...

5 months ago - Business Wire

Heliogen, Inc. Announces Fourth Quarter and Full Year 2022 Financial and Operational Results; Reports Progress on Strategic Initiatives

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its fourth quarter and full year 202...

6 months ago - Business Wire

Heliogen, Inc. Schedules Release of Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced that it will release financial and operating r...

6 months ago - Business Wire

Heliogen Announces Updates to Strengthen Its Board and Drive Implementation of Strategic Plan and Growth Initiatives

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (NYSE: HLGN) (the “Company”), a leading provider of AI-enabled concentrating solar energy technology, today announced updates to its Board of Director...

7 months ago - Business Wire

Heliogen Provides Strategic Update in Letter to Shareholders

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today published a letter to shareholders signaling ...

7 months ago - Business Wire

Heliogen Announces New Chief Executive Officer to Drive Next Phase of Growth

Christie Obiaya appointed Chief Executive Officer bringing her strategy and finance expertise to drive Heliogen's growth and commercialization; Kelly Rosser appointed interim Chief Financial Officer

8 months ago - Business Wire

Heliogen, Inc. Receives Continued Listing Notice from NYSE

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced that on December 23, 2022, it received writte...

9 months ago - Business Wire

Idealab founder Bill Gross started selling solar energy kits in 1973 at 15 years old. Now he's leading solar tech company Heliogen

Bill Gross is best known for founding the technology incubator, Idealab, but he's also a long-time climate tech entrepreneur, starting in his high school days.

10 months ago - CNBC