PURR Stock Analysis: Hyperliquid Strategies | NASDAQ
Capital Markets | NASDAQ, USA | Market Cap: 2.415m USD | 12M Return: 241.4% | US44916Y1064 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 118M
Warnings
Tailwinds
Seasonality 0.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Hyperliquid Strategies Inc. (NASDAQ: PURR) is a U.S.-based digital asset treasury company headquartered in New York, NY. The company focuses on building, managing, and optimizing HYPE tokens, the native digital assets of the Hyperliquid Layer-1 blockchain. PURR trades as a mid-cap stock with a market capitalization of approximately $2.5 billion and went public on December 3, 2025.
The company sits within the Financials sector (GICS Sub-Industry: Asset Management & Custody Banks) and operates under the digital asset treasury model, in which a publicly traded company holds and actively manages a reserve of a specific cryptocurrency or token on its balance sheet. This structure is designed to give public market investors indirect exposure to the underlying digital asset while applying treasury management strategies to optimize holdings.
- HYPE token treasury value fluctuates with Hyperliquid DEX trading volume
- Token unlock schedule and dilution risk from share issuance
- Competition from other crypto treasury firms pursuing digital asset strategies
- Regulatory scrutiny on digital asset treasury companies increases compliance costs
- Hyperliquid Layer-1 adoption and on-chain activity drive HYPE demand
| Net Income: 317.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: error (cannot be calculated; needs FCF TTM/prev and Total Assets current/prev) |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA -0.01 > 3% & CFO -19.1m > Net Income 317.7m |
| Net Debt/EBITDA: error (cannot be calculated) |
| Current Ratio: 41.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (200.6m) vs 12m ago 57.88% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: error (current vs previous; cannot be calculated due to missing/invalid data) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.07 (Total Current Assets 152.4m - Total Current Liabilities 3.66m) / Total Assets 2.06b |
| B: 0.15 (Retained Earnings 304.9m / Total Assets 2.06b) |
| C: -0.00 (EBIT TTM -5.69m / Avg Total Assets 2.06b) |
| D: 10.01 (Book Value of Equity 1.87b / Total Liabilities 187.1m) |
| Altman-Z'' = 11.45 = AAA |
As of October 30, 2026, the stock is trading at USD 12.29 with a total of 57,885,596 shares traded. Over the past week, the price has changed by +41.59%, over one month by +3.10%, over three months by +105.86% and over the past year by +241.39%.
Current recommended Stop Loss: 10.40 (which is 15.4% or 2.3 ATR below the current price).
Hyperliquid Strategies has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy PURR.
- StrongBuy: 3
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 22.3 | 81.7% |
P/E Trailing = 2.704
P/E Forward = 14.2045
P/S = 255.3272
P/B = 1.4715
Revenue TTM = 9.46m USD
EBIT TTM = -5.69m USD
EBITDA TTM = -5.69m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 2.28b USD (2.42b + (null Debt) - CCE 137.9m)
Interest Coverage Ratio = unknown (Ebit TTM -5.69m / Interest Expense TTM 0.0)
EV/FCF = -118.9x (Enterprise Value 2.28b / FCF TTM -19.1m)
FCF Yield = -0.84% (FCF TTM -19.1m / Enterprise Value 2.28b)
FCF Margin = -202.4% (FCF TTM -19.1m / Revenue TTM 9.46m)
Net Margin = 3.36k% (Net Income TTM 317.7m / Revenue TTM 9.46m)
Gross Margin = unknown ((Revenue TTM 9.46m - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 1.11 (Enterprise Value 2.28b / Total Assets 2.06b)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 20.71% (123.0m / 593.9m)
NOPAT = -4.51m (EBIT -5.69m * (1 - 20.71%)) [loss with tax shield]
Current Ratio = 41.62 (Total Current Assets 152.4m / Total Current Liabilities 3.66m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA -5.69m)
Debt / FCF = unknown (Net Debt none / FCF TTM -19.1m)
Total Stockholder Equity = 801.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.42% (Net Income 317.7m / Total Assets 2.06b)
RoE = 39.65% (Net Income TTM 317.7m / Total Stockholder Equity 801.2m)
RoCE = -0.28% (EBIT -5.69m / Capital Employed (Total Assets 2.06b - Current Liab 3.66m))
RoIC = -0.22% (negative operating profit) (NOPAT -4.51m / Invested Capital 2.06b)
WACC = 15.43% (E(2.42b)/V(2.42b) * Re(15.43%) + (debt-free company))
Discount Rate = 15.43% (= CAPM, Blume Beta Adj.) -> capped to 12.54%
Shares (quarterly) Correlation: 90.47 | Cagr: 954.9%
[DCF] Fair Price = unknown (Cash Flow -19.1m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: N/A | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.04 | Chg30d=+104.40% | Revisions=+40% | Analysts=2
EPS next Quarter (2026-12-31): EPS=0.05 | Chg30d=-79.73% | Revisions=+40% | Analysts=2
EPS current Year (2027-06-30): EPS=0.24 | Chg30d=+208.07% | Revisions=+40% | GrowthEPS=+132.9% | GrowthRev=+484.4%
EPS next Year (2028-06-30): EPS=0.37 | Chg30d=-70.52% | Revisions=+25% | GrowthEPS=+51.0% | GrowthRev=+31.4%
[Analyst] Revisions Ratio: +70% (up=7, down=0)