Hyperion DeFi (HYPD) AI Stock Analysis

• Market Cap: $28.77M
• Dividend Yield: N/A
• Average Volume (3M): 1.09M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.37
• Revenue Growth: 984.82%
• EPS Growth: 63.54%
• Country: US
• Employees: 13
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Devices
• EPS (TTM): 0.05
• Shares Outstanding: 8,172,659
• 10 Day Avg. Volume: 701,310
• 30 Day Avg. Volume: 1,085,571
• PEG Ratio: -0.01
• Price to Book (P/B): -0.50
• Price to Sales (P/S): 114.63
• P/FCF Ratio: -0.22
• Enterprise Value/Market Cap: 0.71
• Enterprise Value/Revenue: 58.81
• Enterprise Value/Gross Profit: -7.17
• Enterprise Value/Ebitda: -0.87
• 1Y Price Target: $5.88
• Price Target Upside: 67.05% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: $4.00 ▲(13.64% Upside)

The score is held down primarily by weak financial performance (negative gross profit, very large losses, and significant cash burn), with only partial offset from a positive earnings-call trajectory and guidance. Technicals are mixed (short-term strength but longer-term downtrend), and valuation signals are limited due to a negative P/E and no dividend support.

Positive Factors

Revenue from digital-assets

Material growth in digital-asset revenue demonstrates early product-market fit for Hyperion’s DeFi services. Sustained transactional, staking and validator fees can build recurring revenue streams and improve operating leverage as user adoption and on-chain activity scale, supporting medium-term profitability.

Manageable leverage on balance sheet

Low relative debt reduces refinancing and interest risks while the equity buffer provides flexibility to fund operations or strategic investments. This capital structure gives management scope to pursue the digital-treasury strategy and absorb token-value volatility without immediate solvency pressure.

Consolidated leadership and strategic pivot

Formalizing a seasoned leadership team after the pivot to a digital-asset treasury improves governance, capital-markets credibility and execution capability. Strong management continuity increases the odds of executing partnerships, validator growth and institutional product rollouts over the coming quarters.

Negative Factors

Negative gross profit and poor unit economics

Negative gross profit indicates products and services are delivered at a loss, signalling structurally unsustainable unit economics. Unless pricing, cost base or product mix change materially, scale alone won’t restore profitability, posing a multi-quarter risk to durable margin recovery.

Large recurring cash burn

Persistent operating cash outflows create an ongoing financing need that can force equity raises, token monetization or asset sales. This structural cash-burn trajectory constrains investment optionality, increases dilution risk, and pressures execution unless operating cash flow turns positive as guided.

Treasury/token concentration and regulatory risk

Heavy reliance on HYPE token holdings and treasury monetization ties balance-sheet strength and recurring revenue to market prices and regulatory clarity. Structural regulatory shifts or token devaluation could materially reduce capital and recurring income, undermining the firm’s strategic financing model.

Hyperion DeFi Business Overview & Revenue Model

Company Description

A U.S.-based firm pivoting from ophthalmic drug-delivery tech (Optejet) to becoming the first Nasdaq-listed U.S. company with a cryptocurrency treasury denominated in HYPE tokens from the Hyperliquid blockchain; also operates a validator (“Kinetiq × Hyperion”) and continues DeFi staking strategies alongside ongoing development of Optejet UFD™ for eye care.

How the Company Makes Money

Hyperion DeFi generates revenue primarily through transaction fees collected from users engaging in trading activities on its decentralized exchange and participating in liquidity pools. Additionally, the platform earns income from yield farming protocols by charging fees on the returns generated for users. Another key revenue stream involves partnerships with other blockchain projects and DeFi platforms, where Hyperion DeFi may receive a share of fees or commissions for facilitating transactions or providing liquidity. Moreover, any governance tokens issued by the platform could also provide a revenue model through staking rewards or secondary market sales.

Hyperion DeFi Financial Statement Overview

Summary

Despite sharp TTM revenue acceleration, fundamentals remain weak: negative gross profit, extremely large operating losses versus revenue, and heavy free-cash-flow burn (about -$62M) implying ongoing funding risk. The latest balance sheet shows moderate leverage (debt-to-equity ~0.23), but prior-period volatility (including negative equity in 2024) limits confidence.

Income Statement

Revenue accelerated sharply in TTM (Trailing-Twelve-Months) (up 677% versus the prior period) and improved from very low levels in 2023–2024, but the business remains deeply unprofitable. Gross profit is negative in 2024 and TTM (Trailing-Twelve-Months), indicating products/services are being delivered at a loss, and operating losses are extremely large relative to revenue (net margin around -900% in TTM (Trailing-Twelve-Months)). The core issue is a cost structure that is far out of line with the current revenue base.

Balance Sheet

The TTM (Trailing-Twelve-Months) balance sheet shows sizable equity and moderate leverage (debt-to-equity ~0.23), which is a relative strength versus many loss-making peers. However, the balance sheet has been volatile: 2024 shows negative equity, and returns on equity are negative in most periods (reflecting persistent losses). Overall, leverage looks manageable on the latest view, but stability and capital structure consistency are key risks.

Cash Flow

Cash generation is weak, with negative operating cash flow across all periods and a very large cash burn in TTM (Trailing-Twelve-Months) (free cash flow about -$62M). Free cash flow also deteriorated meaningfully versus 2024, and cash outflows remain substantial relative to reported losses, pointing to ongoing funding needs if this trajectory continues. The main positive is that cash flow and earnings are directionally consistent (both negative), but the magnitude of burn is the overriding concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	345.32K	57.34K	3.79K	0.00	14.00M	2.00M
Gross Profit	-2.83M	-3.87M	-12.22K	0.00	12.40M	1.20M
EBITDA	-23.27M	-46.21M	-24.11M	-26.32M	-12.17M	-19.69M
Net Income	-25.50M	-49.82M	-27.26M	-28.01M	-12.78M	-19.77M
Balance Sheet
Total Assets	82.79M	3.67M	28.78M	31.04M	31.66M	33.91M
Cash, Cash Equivalents and Short-Term Investments	8.22M	2.12M	14.85M	22.86M	19.46M	28.37M
Total Debt	8.49M	11.24M	16.08M	10.12M	7.15M	463.35K
Total Liabilities	12.03M	16.76M	19.78M	13.80M	11.19M	18.60M
Stockholders Equity	70.76M	-13.10M	9.00M	17.23M	20.47M	15.30M
Cash Flow
Free Cash Flow	-62.32M	-30.28M	-27.81M	-25.98M	-22.49M	-6.65M
Operating Cash Flow	-16.82M	-30.12M	-23.84M	-25.11M	-20.87M	-6.38M
Investing Cash Flow	-65.64M	-161.48K	-3.97M	-874.75K	-1.62M	-261.26K
Financing Cash Flow	83.49M	17.55M	19.79M	21.51M	21.46M	20.86M

Hyperion DeFi Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.52
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HYPD, the sentiment is Neutral. The current price of 3.52 is above the 20-day moving average (MA) of 3.40, below the 50-day MA of 3.65, and below the 200-day MA of 5.86, indicating a neutral trend. The MACD of -0.09 indicates Negative momentum. The RSI at 49.97 is Neutral, neither overbought nor oversold. The STOCH value of 76.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HYPD.

Hyperion DeFi Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SRTS	65 Neutral	$84.26M	-27.77	-5.71%	―	-13.79%	-132.21%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
HYPD	49 Neutral	$28.77M	-0.16	-68.49%	―	984.82%	63.54%
ICCM	45 Neutral	$41.98M	-2.39	-157.91%	―	-18.96%	8.98%
CTSO	44 Neutral	$39.57M	-3.32	-96.15%	―	-8.97%	47.29%
TELA	44 Neutral	$44.53M	-1.13	―	―	12.24%	47.45%

Hyperion DeFi Corporate Events

Hyperion DeFi Finalizes Leadership Team and Equity Conversion

On January 5, 2026, Hyperion DeFi converted 100,000 shares of its Series A Non-Voting Preferred Stock into 300,000 common shares, for no additional consideration, in an unregistered transaction relying on private offering exemptions, modestly shifting its capital structure toward common equity. Effective January 1, 2026, the board confirmed former interim CEO and current Chief Investment Officer Hyunsu Jung as permanent chief executive with a new employment agreement running through January 17, 2029, and on January 5, 2026, the company also announced the recent appointment of David Knox as chief financial officer and the upcoming arrival of veteran deal lawyer Robert Rubenstein as general counsel on January 12, 2026, collectively solidifying a leadership team aimed at strengthening governance, capital markets credibility and execution of its digital-asset-focused strategy.

The most recent analyst rating on (HYPD) stock is a Buy with a $7.75 price target. To see the full list of analyst forecasts on Hyperion DeFi stock, see the HYPD Stock Forecast page.

Hyperion DeFi Highlights Risks in HYPE Token Strategy

Hyperion DeFi has updated its risk factors, highlighting the volatility and risks associated with its HYPE token and treasury strategy. The company acknowledges the potential for significant financial impact due to the fluctuating value of HYPE, regulatory uncertainties, and technological challenges. The release outlines various risks, including market volatility, regulatory scrutiny, and technological vulnerabilities, which could affect the company’s financial condition and stock value. The company also notes the competitive landscape and the potential for emerging technologies to impact the demand for HYPE.

The most recent analyst rating on (HYPD) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Hyperion DeFi stock, see the HYPD Stock Forecast page.

Hyperion DeFi Enters $500M Sales Agreement

On November 14, 2025, Hyperion DeFi, Inc. entered into a Sales Agreement with Cantor Fitzgerald & Co. and Chardan Capital Markets, LLC, allowing the company to offer and sell shares of its common stock through these sales agents. The agreement permits the company to sell shares with an aggregate offering price of up to $500 million, with sales executed in various transaction types, including block trades and at-the-market offerings. The sales agents will earn a 4% commission on the gross sales proceeds, and the offering will terminate upon the sale of all shares or termination of the agreement. This move is expected to impact Hyperion DeFi’s market positioning by potentially increasing its capital for further expansion and operations.

The most recent analyst rating on (HYPD) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Hyperion DeFi stock, see the HYPD Stock Forecast page.

Hyperion DeFi Reports Record Q3 2025 Net Income

On November 13, 2025, Hyperion DeFi announced its third-quarter financial results for the period ending September 30, 2025, reporting a record net income of $6.6 million. The company has undergone a significant transformation, pivoting from ophthalmic technology to becoming a leading institutional gateway for DeFi innovation. The company’s new digital asset treasury strategy has led to substantial financial growth, with revenue increasing from $1,625 in Q3 2024 to $302,506 in Q3 2025. Hyperion DeFi has also launched a co-brand validator, ‘Kinetiq x Hyperion,’ and has seen a 60% month-over-month increase in staked HYPE tokens. The company anticipates continued growth with positive operating cash flows expected in 2026.

The most recent analyst rating on (HYPD) stock is a Sell with a $5.50 price target. To see the full list of analyst forecasts on Hyperion DeFi stock, see the HYPD Stock Forecast page.

Hyperion DeFi Enters Joint Validator Agreement

On October 27, 2025, Hyperion DeFi entered a Joint Validator Agreement with Kinetiq Research and Pier Two to operate a co-branded validator node on the Hyperliquid blockchain, effective retroactively from June 25, 2025. This agreement involves shared responsibilities and revenue-sharing arrangements, enhancing Hyperion’s operational capacity and market positioning in blockchain validation. Additionally, Hyperion announced a strategic partnership with Felix to launch a perpetual futures market on the Hyperliquid protocol, leveraging 500,000 HYPE tokens. This partnership aims to expand Hyperliquid’s product suite and revenue streams, marking a significant step in decentralized finance innovation.

The most recent analyst rating on (HYPD) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Hyperion DeFi stock, see the HYPD Stock Forecast page.