Hyperliquid Strategies (NASDAQ:PURR) Hits New 1-Year High – Here’s What Happened

Posted by Stanley Muller on May 15th, 2026

Hyperliquid Strategies Inc (NASDAQ:PURR – Get Free Report) shares hit a new 52-week high on Friday . The company traded as high as $7.37 and last traded at $7.14, with a volume of 17888310 shares changing hands. The stock had previously closed at $6.07.

Wall Street Analyst Weigh In

PURR has been the topic of a number of research reports. Maxim Group initiated coverage on Hyperliquid Strategies in a report on Friday, April 24th. They issued a “buy” rating and a $10.00 price objective on the stock. Cantor Fitzgerald increased their price objective on Hyperliquid Strategies from $6.00 to $8.00 and gave the stock an “overweight” rating in a report on Monday. Wall Street Zen upgraded Hyperliquid Strategies to a “hold” rating in a report on Saturday, February 21st. Chardan Capital increased their price objective on Hyperliquid Strategies from $8.15 to $8.45 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, Weiss Ratings initiated coverage on Hyperliquid Strategies in a report on Monday, March 2nd. They issued a “sell (e)” rating on the stock. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $8.82.

Check Out Our Latest Stock Analysis on Hyperliquid Strategies

Hyperliquid Strategies Trading Up 17.6%

The business has a fifty day moving average of $5.75. The stock has a market cap of $961.19 million, a PE ratio of -0.97 and a beta of 1.44.

Hyperliquid Strategies (NASDAQ:PURR – Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The company reported ($7.43) EPS for the quarter. The company had revenue of $0.50 million during the quarter. On average, analysts forecast that Hyperliquid Strategies Inc will post -1.15 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Hyperliquid Strategies

A number of large investors have recently added to or reduced their stakes in PURR. Boothbay Fund Management LLC bought a new stake in Hyperliquid Strategies during the fourth quarter worth approximately $40,000. XTX Topco Ltd bought a new stake in Hyperliquid Strategies during the fourth quarter worth approximately $48,000. Squarepoint Ops LLC bought a new stake in shares of Hyperliquid Strategies in the fourth quarter valued at approximately $73,000. Private Advisor Group LLC bought a new stake in shares of Hyperliquid Strategies in the first quarter valued at approximately $83,000. Finally, Millennium Management LLC bought a new stake in shares of Hyperliquid Strategies in the fourth quarter valued at approximately $87,000. Institutional investors own 9.45% of the company’s stock.

Hyperliquid Strategies Company Profile

(Get Free Report)

Hyperliquid Strategies Inc is a digital asset treasury company whose primary focus is to maximize shareholder value through accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain custom-built to house all of finance. Hyperliquid Strategies Inc, formerly known as Sonnet BioTherapeutics Holdings Inc, is based in NEW YORK.