Hyperliquid Strategies (NASDAQ:PURR) Sets New 12-Month High – Here’s Why

Posted by Stanley Muller on May 27th, 2026

Hyperliquid Strategies Inc (NASDAQ:PURR – Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $9.13 and last traded at $8.45, with a volume of 18836588 shares. The stock had previously closed at $7.67.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PURR. Cantor Fitzgerald increased their price objective on shares of Hyperliquid Strategies from $6.00 to $8.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Maxim Group began coverage on shares of Hyperliquid Strategies in a research report on Friday, April 24th. They set a “buy” rating and a $10.00 price objective for the company. Weiss Ratings upgraded shares of Hyperliquid Strategies from a “sell (e)” rating to a “sell (d)” rating in a research report on Wednesday, May 20th. Chardan Capital increased their price objective on shares of Hyperliquid Strategies from $8.45 to $9.75 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, Wall Street Zen upgraded shares of Hyperliquid Strategies to a “hold” rating in a research report on Saturday, February 21st. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Hyperliquid Strategies currently has an average rating of “Moderate Buy” and a consensus target price of $9.25.

Get Our Latest Analysis on PURR

Hyperliquid Strategies Price Performance

The firm has a market capitalization of $1.14 billion, a PE ratio of -1.15 and a beta of 1.44. The company’s 50 day simple moving average is $6.16.

Hyperliquid Strategies (NASDAQ:PURR – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.01 earnings per share for the quarter. The business had revenue of $2.63 million during the quarter. Research analysts expect that Hyperliquid Strategies Inc will post -0.75 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PURR. Paradigm Operations LP bought a new position in shares of Hyperliquid Strategies in the fourth quarter valued at $20,327,000. Galaxy Group Investments LLC bought a new position in shares of Hyperliquid Strategies in the fourth quarter valued at $15,167,000. Pantera Capital Partners LP bought a new position in shares of Hyperliquid Strategies in the fourth quarter valued at $14,545,000. Feynman Point Asset Management LLC purchased a new stake in shares of Hyperliquid Strategies in the fourth quarter valued at about $14,431,000. Finally, OLP CAPITAL MANAGEMENT Ltd purchased a new stake in shares of Hyperliquid Strategies in the first quarter valued at about $10,459,000. 9.45% of the stock is owned by institutional investors.

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.