Hyzon Motors Inc. (HYZN)
NASDAQ: HYZN · IEX Real-Time Price · USD
0.606
+0.009 (1.44%)
At close: Apr 24, 2024, 4:00 PM
0.620
+0.014 (2.36%)
Pre-market: Apr 25, 2024, 8:57 AM EDT
Hyzon Motors Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Hyzon Motors stock have an average target of 1.30, with a low estimate of 1.00 and a high estimate of 1.60. The average target predicts an increase of 114.66% from the current stock price of 0.61.
Analyst Consensus: Buy
* Price targets were last updated on Mar 25, 2024.
Analyst Ratings
The average analyst rating for Hyzon Motors stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $1.6 | Strong Buy | Maintains | $1.6 | +164.20% | Mar 25, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $1.6 | Strong Buy | Initiates | $1.6 | +164.20% | Mar 6, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $4 → $1 | Hold | Maintains | $4 → $1 | +65.13% | Jun 12, 2023 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $12 → $4 | Strong Buy → Hold | Downgrades | $12 → $4 | +560.50% | Aug 5, 2022 |
| Wedbush | Wedbush | Buy → Hold Downgrades $7 → $3 | Buy → Hold | Downgrades | $7 → $3 | +395.38% | Aug 5, 2022 |
Financial Forecast
Revenue This Year
10.20M
from 295.00K
Increased by 3,357.63%
Revenue Next Year
22.95M
from 10.20M
Increased by 125.00%
EPS This Year
-0.62
from -0.75
EPS Next Year
-0.53
from -0.62
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.7M | 26.3M | 105.0M |
| Avg | 10.2M | 23.0M | 102.0M |
| Low | 6.9M | 19.6M | 98.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4,527.1% | 157.4% | 357.5% |
| Avg | 3,357.6% | 125.0% | 344.4% |
| Low | 2,225.4% | 92.2% | 327.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.63 | -0.47 | -0.47 |
| Avg | -0.62 | -0.53 | -0.46 |
| Low | -0.60 | -0.58 | -0.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.