Chardan raises Hyperion DeFi stock price target on guidance lift By Investing.com

Investing.com - Chardan raised its price target on Hyperion DeFi, Inc. (NASDAQ:HYPD) to $8.45 from an undisclosed prior level while maintaining a Buy rating on the stock. The target represents a 141% upside from the current price of $3.50, though InvestingPro data suggests the stock is undervalued with a Fair Value of $3.98. The firm cited the company's raised full-year adjusted gross profit guidance as a key factor in the price target increase. The company maintains an impressive gross profit margin of 78% and has posted remarkable revenue growth of over 3,000% in the last twelve months, according to InvestingPro data. Hyperion DeFi announced it expects to achieve adjusted net operating cash flow breakeven in the third quarter. The company also initiated a $20 million share buyback program. Chardan reiterated its Buy recommendation on the stock following the announcements. For investors seeking deeper insights, HYPD is among the 1,400+ US equities covered by comprehensive Pro Research Reports, which transform complex Wall Street data into clear, actionable intelligence. In other recent news, Hyperion DeFi, Inc. reported record second-quarter 2026 results. The company's adjusted gross profit reached $1.15 million, marking a 20% increase from the previous quarter's $960,000. This performance exceeded Cantor Fitzgerald's estimate of approximately $895,000, prompting the firm to raise its price target for Hyperion DeFi to $7.10 from $6.60 while maintaining an Overweight rating. Additionally, Hyperion DeFi announced a new agreement with Skew Technologies, Inc. to deploy 500,000 HYPE tokens. This partnership is aimed at supporting institutional perpetual futures products on Hyperliquid's HIP-3 permissionless markets. As part of the agreement, Hyperion DeFi will gain equity participation in Skew and a share of listing service revenues. These revenues will include scaling and fixed components that are independent of trading volumes. These developments highlight recent strategic moves by Hyperion DeFi. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.