Should I buy or sell Hyzon Motors stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hyzon Motors in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HYZN shares. View HYZN analyst ratings or view top-rated stocks .

What is Hyzon Motors' stock price target for 2024?

2 analysts have issued 12 month price targets for Hyzon Motors' shares. Their HYZN share price targets range from $1.00 to $1.60. On average, they expect the company's stock price to reach $1.30 in the next twelve months. This suggests a possible upside of 109.6% from the stock's current price. View analysts price targets for HYZN or view top-rated stocks among Wall Street analysts .

How have HYZN shares performed in 2024?

Hyzon Motors' stock was trading at $0.8950 at the beginning of 2024. Since then, HYZN stock has decreased by 30.7% and is now trading at $0.6201. View the best growth stocks for 2024 here .

When is Hyzon Motors' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024. View our HYZN earnings forecast .

How were Hyzon Motors' earnings last quarter?

Hyzon Motors Inc. (NASDAQ:HYZN) released its earnings results on Friday, March, 22nd. The company reported ($0.19) EPS for the quarter, beating analysts' consensus estimates of ($0.20) by $0.01. The firm earned $0.30 million during the quarter, compared to analyst estimates of $0.20 million.

What ETFs hold Hyzon Motors' stock?

ETFs with the largest weight of Hyzon Motors (NASDAQ:HYZN) stock in their portfolio include Global X Hydrogen ETF (HYDR) and VanEck Green Infrastructure ETF (RNEW) .

How do I buy shares of Hyzon Motors?

Shares of HYZN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:HYZN

Hyzon Motors (HYZN) Stock Price, News & Analysis

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$0.62

+0.01 (+1.64%)

(As of 04/17/2024 ET)

Compare

Today's Range: $0.60
▼
$0.64
50-Day Range: $0.59
▼
$0.89
52-Week Range: $0.45
▼
$2.17

Volume: 292,868 shs
Average Volume: 515,072 shs
Market Capitalization: $152.02 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.30

Get Hyzon Motors alerts:

Hyzon Motors MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 109.6% Upside
$1.30 Price Target
Short Interest: Bearish
8.16% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$3.06 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.60) to ($0.45) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.09 out of 5 stars

Auto/Tires/Trucks Sector

67th out of 77 stocks

Electrical Industrial Apparatus Industry

9th out of 10 stocks

3.5

Analyst's Opinion

Consensus Rating
Hyzon Motors has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Hyzon Motors has only been the subject of 2 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
8.16% of the float of Hyzon Motors has been sold short.
Short Interest Ratio / Days to Cover
Hyzon Motors has a short interest ratio ("days to cover") of 19.5, which indicates bearish sentiment.
Change versus previous month
Short interest in Hyzon Motors has recently increased by 4.55%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Hyzon Motors does not currently pay a dividend.
Dividend Growth
Hyzon Motors does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HYZN.

1.1

News and Social Media Coverage

Search Interest
5 people have searched for HYZN on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
MarketBeat Follows
3 people have added Hyzon Motors to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hyzon Motors insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,063,900.00 in company stock.
Percentage Held by Insiders
Only 3.40% of the stock of Hyzon Motors is held by insiders.
Percentage Held by Institutions
61.41% of the stock of Hyzon Motors is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Hyzon Motors are expected to grow in the coming year, from ($0.60) to ($0.45) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hyzon Motors is -0.83, 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. Sector
The P/E ratio of Hyzon Motors is -0.83, 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 Ratio
Hyzon Motors has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Hyzon Motors Stock (NASDAQ:HYZN)

Hyzon Motors Inc. supplies hydrogen fuel cell systems for decarbonization applications in various industries. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It also focuses primarily on assembling and converting hydrogen-powered FCEVs; and building and fostering a clean hydrogen supply ecosystem with partners and third parties from feedstock through hydrogen production, dispensing, and financing. In addition, the company's technology focuses on designing and manufacturing of MEAs, BPPs, fuel cell stacks, and fuel cell systems for integration into commercial vehicles. Hyzon Motors Inc. was founded in 2020 and is headquartered in Bolingbrook, Illinois.

HYZN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HYZN Stock News Headlines

April 4, 2024 | msn.com

Tesla Q1 Worries Mount, Fisker's Pricing Ploy To Stay Alive, Nikola Stock Soars By 57% And More: Biggest EV Stories Of The Week (CORRECTED)

March 30, 2024 | msn.com

Tesla Q1 Worries Mount, Fisker's Pricing Ploy To Stay Alive, Nikola Stock Soars By 57% And More: Biggest EV Stories Of The Week

April 17, 2024 | InvestorPlace (Ad)

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March 26, 2024 | finance.yahoo.com

Hyzon Motors Inc. (NASDAQ:HYZN) Q4 2023 Earnings Call Transcript

March 22, 2024 | msn.com

Hyzon Motors highlights improved cash burn rate

March 22, 2024 | markets.businessinsider.com

Hyzon Motors FY23 Revenue Plunges, Losses Widen Despite Vehicle Deployments

March 22, 2024 | investorplace.com

HYZN Stock Earnings: Hyzon Motors Meets EPS, Beats Revenue for Q4 2023

March 22, 2024 | prnewswire.com

HYZON ANNOUNCES FOURTH QUARTER 2023 FINANCIAL AND OPERATING RESULTS

April 17, 2024 | InvestorPlace (Ad)

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March 18, 2024 | prnewswire.com

HYZON ANNOUNCES DATE FOR FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS AND CONFERENCE CALL

March 11, 2024 | prnewswire.com

HYZON LAUNCHES GLOBAL 200kW FUEL CELL SYSTEM IN PRIME MOVER

March 8, 2024 | finance.yahoo.com

HYZN Oct 2024 2.500 call

March 6, 2024 | msn.com

Hyzon Motors is on watch after landing bull rating from Roth MKM

March 2, 2024 | edition.cnn.com

Hyzon Motors Inc. Class A

February 17, 2024 | finance.yahoo.com

HYZN Mar 2024 2.500 call

February 8, 2024 | finance.yahoo.com

HYZON ANNOUNCES STEPHANIE MUDGETT AS HEAD OF GLOBAL COMMUNICATIONS AND BRANDING

February 6, 2024 | finanznachrichten.de

Hyzon Motors Inc.: Hyzon And New Way Trucks To Develop Hydrogen Fuel Cell Refuse Truck

February 6, 2024 | msn.com

Hyzon Motors aims to develop a hydrogen fuel cell truck for North American market

February 6, 2024 | finance.yahoo.com

HYZON AND NEW WAY TRUCKS TO DEVELOP HYDROGEN FUEL CELL REFUSE TRUCK

January 31, 2024 | ca.investing.com

SEC's New Era for SPACs: Tightening Rules Amid Market Realities

January 26, 2024 | finanznachrichten.de

Hyzon Motors Inc.: Hyzon Delivers First Four Fuel Cell Electric Vehicles To Performance Food Group

January 25, 2024 | finance.yahoo.com

HYZON DELIVERS FIRST FOUR FUEL CELL ELECTRIC VEHICLES TO PERFORMANCE FOOD GROUP

January 16, 2024 | finance.yahoo.com

HYZON TO PRESENT AT THE 26TH ANNUAL NEEDHAM GROWTH CONFERENCE

January 9, 2024 | finanznachrichten.de

Hyzon Motors Inc.: Hyzon Achieves 2023 Vehicle Deployment And Fuel Cell Development Milestones

January 9, 2024 | finance.yahoo.com

HYZON ACHIEVES 2023 VEHICLE DEPLOYMENT AND FUEL CELL DEVELOPMENT MILESTONES

December 5, 2023 | msn.com

Hyzon Motors appoints Christian Mohrdieck as CTO

November 14, 2023 | markets.businessinsider.com

Why Hyzon Motors Shares Are Shooting Up Today

See More Headlines

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Company Calendar

Last Earnings: 3/22/2024
Today: 4/17/2024
Next Earnings (Estimated): 6/05/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Electrical industrial apparatus
Sub-Industry: N/A
Current Symbol: NASDAQ:HYZN
CUSIP: N/A
CIK: 1716583
Web: hyzonmotors.com
Phone: 585-484-9337
Fax: N/A
Employees: 360
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.30
High Stock Price Target: $1.60
Low Stock Price Target: $1.00
Potential Upside/Downside: +109.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.75)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-184,040,000.00
Net Margins: N/A
Pretax Margin: -62,548.48%
Return on Equity: -92.93%
Return on Assets: -70.72%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.58
Quick Ratio: 2.91

Sales & Book Value

Annual Sales: $290,000.00
Price / Sales: 524.20
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.53 per share
Price / Book: 1.17

Miscellaneous

Outstanding Shares: 245,150,000
Free Float: 236,817,000
Market Cap: $152.02 million
Optionable: Optionable
Beta: 3.06

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Key Executives

Dr. Arthur Koschany
Chief Scientist
Ms. Darla Rivera
Senior Manager of IR
Mr. John R. Zavoli (Age 64)
Secretary, General Counsel & Chief Legal Officer
Ms. Stephanie Mudgett
Head of Global Communications & Branding
Mr. Alan M. Marder
Vice President of Sales
Ms. Sue Sun-LaSovage (Age 58)
Chief Human Resources Officer
Mr. John M. Edgley
MD of Australia & New Zealand Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HYZN Stock Analysis - Frequently Asked Questions

Should I buy or sell Hyzon Motors stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hyzon Motors in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HYZN shares.
View HYZN analyst ratings or view top-rated stocks.
What is Hyzon Motors' stock price target for 2024?: 2 analysts have issued 12 month price targets for Hyzon Motors' shares. Their HYZN share price targets range from $1.00 to $1.60. On average, they expect the company's stock price to reach $1.30 in the next twelve months. This suggests a possible upside of 109.6% from the stock's current price.
View analysts price targets for HYZN or view top-rated stocks among Wall Street analysts.
How have HYZN shares performed in 2024?: Hyzon Motors' stock was trading at $0.8950 at the beginning of 2024. Since then, HYZN stock has decreased by 30.7% and is now trading at $0.6201.
View the best growth stocks for 2024 here.
When is Hyzon Motors' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our HYZN earnings forecast.

How were Hyzon Motors' earnings last quarter?: Hyzon Motors Inc. (NASDAQ:HYZN) released its earnings results on Friday, March, 22nd. The company reported ($0.19) EPS for the quarter, beating analysts' consensus estimates of ($0.20) by $0.01. The firm earned $0.30 million during the quarter, compared to analyst estimates of $0.20 million.
What ETFs hold Hyzon Motors' stock?: ETFs with the largest weight of Hyzon Motors (NASDAQ:HYZN) stock in their portfolio include Global X Hydrogen ETF (HYDR) and VanEck Green Infrastructure ETF (RNEW).
How do I buy shares of Hyzon Motors?: Shares of HYZN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HYZN) was last updated on 4/17/2024 by MarketBeat.com Staff

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Hyzon Motors (HYZN) Stock Price, News & Analysis

Hyzon Motors MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Hyzon Motors Stock (NASDAQ:HYZN)

HYZN Stock Price History

HYZN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

HYZN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™