Hyperliquid Strategies Inc PURR

12.85 (1.24) (8.80%) as of 25 Sep
Market cap
$3.3B
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 3,310.00
Revenue 4.14
Net Income (5.58)
Free Cash Flow (22.76)
Net Debt (113.06)
Current Ratio 18.22
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 384.57
P/B ratio 2.14
Past 5Y EPS Growth 85.27%
This Y EPS Growth (84.74%)
Next Y EPS Growth 5.44%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 2026
Cash 2 0 13 138
Receivables 1 1 1 0
Inventory — — — —
Other 2 — — —
5 2 14 152
2023 2024 2025 2026
Payables 2 2 1 1
ST’ Debt 0 — — —
Other 3 — — 2
6 3 1 4
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (10.94%) 93.37% 300.01%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 90.22% 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’26 3 — — 1 9
’25 — — — 1 1
’24 — — — 0 0
’23 0 0 0 — 0
’23 — — — 0 0
’22 0 0 0 — 0
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Dec Mar Jun Sep Year
’26 — — — — —
’26 (8) (7) — — (19)
’25 (3) (2) (2) (6) (13)
’24 (3) 1 (3) (3) (9)
’23 — (5) (6) (5) (21)
’23 (6) — — — (21)
’22 — (6) (8) (6) (28)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Dec Mar Jun Sep Year
’26 — — — — —
’26 (17) (167) — — (497)
’25 (3) (2) (2) (6) (13)
’24 (3) 1 (3) (3) (9)
’23 — (5) (6) (5) (21)
’23 (6) — — — (21)
’22 — (6) (9) (6) (28)
in millions of $ · fiscal quarters ending in the months shown

EPS

Dec Mar Jun Sep Year
’26 — — — — —
’26 (7.43) 1.01 — — 3.83
’25 (1.56) (0.89) (0.95) (0.52) (3.92)
’24 (2.48) 0.56 (5.60) (3.93) (11.35)
’23 — (59.78) (22.86) 80.34 (145.12)
’23 (140.66) — — — (18.14)
’22 — (344.75) (320.13) (298.89) (1.21k)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
115,955.84 78,798.72 32,032.00 5,420.80 985.60 160.16 8.64 1.41 1.08 3.24

Analyst estimates 2027–2029

Powerpack
Low Price
442,041.59 329,288.97 188,988.80 134,534.41 8,426.88 1,650.88 295.68 18.72 19.30 14.76
High Price
886 876 587 9 9 12 12 13 9 5
Employees
0 0 0 0 0 0 0 0 0 2
Revenue/Emp
41 31 30 — 0 0 0 0 1 9
Revenue
66.95% 68.43% 68.50% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
(8) (8) (17) (24) (25) (30) (19) (7) (16) 489
EBT
(18.85%) (26.26%) (57.62%) 0.00% (5,166.25%) (8,494.37%) (12,742.02%) (39,984.95%) (1,579.31%) 5,169.31%
EBT Margin
(7) (7) (18) (24) (25) (30) (19) (7) (15) 306
Net Income
3 3 4 0 0 0 0 0 1 —
Depreciation
0.00 307,335.00 301,431.00 0.00 48.36 14.22 1.14 0.03 0.25 0.12
Revenue/Sh
(181,530.40) (130,817.30) (169,229.70) (17,139.16) (2,505.87) (1,211.35) (145.12) (11.35) (3.88) 3.83
Earnings/Sh
0.00 (11,096.00) (40,466.00) (4,109.16) (2,255.22) (1,129.00) (164.17) (13.14) (3.14) (0.24)
Cash Flow/Sh
0.00 (16,987.00) 530.00 (20.05) (0.36) 0.00 0.00 0.00 0.00 (5.99)
Capex/Sh
0.00 (28,083.00) (39,936.00) (4,129.21) (2,255.58) (1,129.00) (164.17) (13.14) (3.14) (6.23)
Free CF/Sh
0.00 82,575.00 (31,520.00) 794.71 2,225.99 (103.20) (1.74) (0.74) 2.64 23.48
Book Value/Sh
0 0 0 0 0 0 0 1 4 80
Shares
0.00 0.00 0.00 — 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
0.00 0.27 0.19 — 0.53 18.18 20.04 33.92 17.10 235.53
PS Ratio
0.00 1.00 0.00 — 0.68 0.00 0.00 0.00 1.73 1.31
PB Ratio
0.13 0.47 0.69 — (0.44) 10.19 6.04 34.34 5.07 208.30
EV/Sales
(1.72) (3.40) (5.08) — 0.55 (0.12) (0.04) (0.45) (0.40) (36.10)
EV/FCF
(1) (1) (4) (16) (23) (28) (21) (9) (13) (19)
Op' Cash Flow
(1) (2) 0 0 0 (1) 0 — — (478)
Capex
(2) (3) (4) (16) (23) (28) (21) (9) (13) (497)
FCF
(13) (12) (17) 3 22 (3) (1) (1) 10 149
Working Cap'
6 7 21 0 0 0 0 — — —
Total Debt
6 6 21 (7) (28) (3) (2) 0 (13) (138)
Net Debt
11 8 (3) 3 22 (3) 0 0 11 1,873
Sh' Equity
(22.87%) (23.40%) (113.00%) (820.63%) (86.17%) (509.81%) (346.86%) (181.38%) (216.50%) 24.69%
ROA
(19.24%) (23.31%) (57.88%) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18.03%
ROIC
(62.20%) (88.90%) 594.87% (2,172.39%) (112.24%) 1,170.75% 8,333.05% 2,089.98% (316.23%) 27.20%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Jun 2026 · latest quarter Mar 2026

Hyperliquid Strategies Inc peers in Capital Markets

All 93 Capital Markets stocks →

Hyperliquid Strategies Inc (PURR) key facts

  • Hyperliquid Strategies Inc (PURR) is a Capital Markets company in the Financial sector, listed on Nasdaq.
  • Hyperliquid Strategies Inc’s revenue for fiscal 2026 (year ended June 2026) was $9.5 million, up 846.0% from fiscal 2025.
  • As of September 25, 2026, PURR traded at $12.85, a market capitalization of $3.3 billion.
  • Return on equity was 27.2% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Hyperliquid Strategies Inc (PURR) Latest News

News by impact score

Fine-tune

26 Sep

4

Hyperliquid's three U.S. spot ETFs hold $502 million in net assets, but cumulative inflows have dropped to about $342 million after peaking at $356.6 million on Sept. 4, meaning fund growth stemmed mainly from HYPE price gains rather than new capital. The ETFs—BHYP, HYPG, and THYP—hold roughly 2.5% of HYPE in token form, versus about 6.3% of Bitcoin for Bitcoin ETFs. After a Sept. 4 inflow peak and an $820 million HYPE unlock, investor interest waned, with about $23 million pulled over two weeks. In the week of Sept. 21–25, ETF flows were choppy, while Hyperliquid Strategies bought about 494,000 HYPE (roughly $45.8 million) in 16 hours on Sept. 25—more than the ETFs’ entire weekly inflows. Over the past month, PURR accumulated ~5.5 million HYPE (~$476 million), pushing holdings to ~35.1 million HYPE (~$3.2 billion). 97% of trading fees are reinvested into HYPE buybacks. ETF gains largely reflect price movement; ongoing support hinges on a single treasury buyer and may slow. Large, rapid HYPE purchases by PURR and reliance on a single treasury buy program could materially shift demand dynamics and investor sentiment, signaling a significant strategic lever with potential for meaningful impact.

15 Sep

4

Compass Point sets 63% upside target for PURR stock as HYPE treasury bet nears $2.5 billion. Analyst 63% upside call plus near-$2.5B treasury bet signal major shift in investor sentiment and PURR trajectory.

10 Sep

4

Hyperion DeFi CEO calls Trump's White House endorsement extremely positive and explains why HYPE ownership benefits Hyperliquid Strategies Inc (PURR). Trump White House endorsement signals major positive regulatory shift likely to lift PURR trajectory and investor sentiment.

7 Sep

3

Hyperliquid Strategies Inc (PURR) stock rose 94% in August, prompting questions on whether investors should shift from Bitcoin to this stock. The reported August surge can lift short-term sentiment and trading activity without shifting company fundamentals or long-term trajectory.

2 Sep

4

Hyperliquid Strategies Inc (PURR) expands HYPE buying power to $2.5B via HyperStrat. Major expansion of buying power to $2.5B signals strategic move that can significantly shift company trajectory and investor sentiment.

30 Aug

4

Hyperliquid Strategies (PURR) is increasing allocations to HYPE tokens while executing share buybacks. Buybacks combined with larger HYPE holdings represent major capital allocation shifts that can materially affect valuation and investor sentiment.

3

Hyperliquid Strategies Inc (PURR) stock rose sharply this week driven by heightened trading activity and positive sentiment around its DeFi platform performance. Stock surge reflects short-term market enthusiasm without evidence of fundamental long-term shifts in operations or strategy.

28 Aug

3

Hyperliquid Strategies Inc PURR shares rose 11% after the firm released its annual results. Annual results release triggered an 11% stock rise showing moderate market influence on performance.

27 Aug

4

Hyperliquid Strategies Inc (PURR) stock rallies on blockbuster earnings. Blockbuster earnings trigger major stock rally and shift investor sentiment for PURR.

4 transcript

Hyperliquid Strategies Inc (PURR) held its Q4 earnings call, disclosing financial results, operational updates, and forward guidance for investors. Q4 earnings call delivers key financial metrics and strategy details that directly shape investor views and stock trajectory.

3

Hyperliquid Strategies Inc (PURR) shares rose after disclosure of its $1.9B HYPE position. Large position report triggers share price gain and signals notable asset strength.

3

PURR stock reaches new record high as HYPE hits all-time high. CEO describes balance sheet as fortress. Record stock price and fortress balance sheet comment strengthen short-term market sentiment without altering core operations.

3

Hyperliquid Strategies Inc (PURR) posted a 220% surge and retains further upside potential. A 220% surge with indicated further growth points to notable but not transformative market momentum for PURR.

25 Aug

4

Hyperliquid Strategies Inc pushes SEC and CFTC on perpetual swaps. Pushes to SEC and CFTC on perpetual swaps likely to impact regulatory environment for the company.

4

PURR stock hits record high ahead of earnings after HYPE token outperforms Bitcoin and reclaims $80. Record high stock price driven by HYPE token outperforming Bitcoin signals significant positive momentum for PURR market performance ahead of earnings.

24 Aug

4

Stanley Druckenmiller bought a company that holds Hyperliquid, highlighting major investor interest in assets tied to Hyperliquid Strategies Inc (PURR). Druckenmiller acquisition of Hyperliquid holder signals major investor confidence likely to lift PURR valuation and sentiment.

4

Hyperliquid Strategies Inc advances a $500 billion project to establish 24/7 blockchain-based markets. Major strategic initiative targets continuous trading markets and could significantly shift company trajectory.

22 Aug

3

Institutional investors are acquiring stakes in Hyperliquid Strategies Inc (PURR), prompting questions on whether other investors should follow. Institutional buying signals potential positive sentiment shifts for PURR but provides no details on scale or fundamentals to indicate major trajectory changes.

21 Aug

4

Hyperliquid Strategies Inc (PURR) surged 58.4% after a Trump-backed push enabled compliant entry into the Hyperliquid platform. Trump-backed regulatory push enables major compliant market expansion for Hyperliquid Strategies.

4

Hyperliquid Strategies (PURR) advances on a Trump-backed U.S. path while its valuation remains difficult to assess. Trump-backed U.S. path indicates major regulatory and strategic support likely to shift company trajectory.

3

Hyperliquid Strategies Inc (PURR) stock surged 193% year-to-date and now appears overvalued based on current pricing levels. PURR's 193% YTD price surge alters near-term valuation metrics and investor perception without shifting core operations.

20 Aug

4

Trump signals US path for Hyperliquid Exchange, sending HYPE near record highs and PURR stock to its largest single-day gain. Trump signal on US regulatory path for Hyperliquid Exchange points to major potential shift in market access and trajectory for PURR.

19 Aug

4

HYPE rose 17% after Trump backed a CFTC regulatory path for Hyperliquid in the US. Trump endorsement of CFTC path signals major regulatory progress that can expand US access and lift investor sentiment for Hyperliquid.

4

Trump opens regulatory pathways for Hyperliquid Strategies Inc (PURR) by shifting US cryptocurrency trading onshore. Trump policy shift directly enables onshore crypto trading and boosts Hyperliquid's competitive position.

17 Aug

4

Stan Druckenmiller reveals a $23 million PURR bet as Hyperliquid challenges Polymarket. Major investor stake and competitive push against Polymarket signal potential trajectory shift for PURR.

4 Aug

4

Hyperliquid Strategies Inc saw HYPE revenue drop 50%, exposing limits of treasury-funded momentum and raising sustainability concerns for its growth model. 50% revenue drop directly threatens Hyperliquid Strategies Inc's financial trajectory and investor sentiment.

29 Jul

3

Grayscale assesses HYPE as undervalued compared to Coinbase, Robinhood and Circle. Grayscale valuation comparison may lift short-term investor sentiment toward HYPE.

26 Jul

4

Hyperliquid Strategies Inc launches a tool enabling traders to wager on major US stocks through its platform. New tool expands PURR's derivatives offerings and market access for stock-based trading.

4

Hyperliquid Strategies Inc launches a new tool enabling traders to wager on performance of major US stocks. New stock wagering tool expands Hyperliquid Strategies Inc offerings and market reach beyond crypto derivatives.

21 Jul

3

Stocktwits co-founder sold chip stocks ahead of their 20% decline and now directs capital to Hyperliquid Strategies Inc (PURR). Mention of capital allocation to PURR may lift short-term sentiment and visibility without altering fundamentals.

stockrow.com/PURR · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com