Chardan Capital Initiates Buy Rating on Hyperliquid Strategies with $8.15 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 24 2025
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Source: Benzinga
- Rating Initiation: Chardan Capital analyst James McIlree initiated coverage on Hyperliquid Strategies Inc. (NASDAQ:PURR) with a Buy rating and a price target of $8.15, indicating confidence in the company's future growth prospects.
- Market Performance: Hyperliquid Strategies shares closed at $3.32 on Tuesday, and the analyst's target price suggests a potential upside of 145%, which could attract investor interest and boost market confidence.
- Hyperion DeFi Rating: Similarly, Chardan Capital initiated coverage on Hyperion DeFi, Inc. (NASDAQ:HYPD) with a Buy rating and a price target of $7.75, reflecting a positive outlook on its market potential.
- Stock Price Potential: Hyperion DeFi shares closed at $3.75 on Tuesday, and the analyst's target price implies nearly a 106% upside, which may draw more investor interest and drive the stock price higher.
Analyst Views on HYPD
About HYPD
Hyperion DeFi, Inc. is engaged in building a long-term strategic treasury of Hyperliquid’s native token, HYPE. The Company is focused on providing simplified access to the Hyperliquid ecosystem. It is also developing its proprietary Optejet User Filled Device (UFD) that is designed to work with a variety of topical ophthalmic liquids, including artificial tears and lens rewetting products. The Optejet is useful in chronic front-of-the-eye diseases due to its ease of use, enhanced safety and tolerability, and potential for superior compliance versus standard eye drops. Together, these benefits may result in higher treatment compliance and better outcomes for patients and providers. It has launched its cryptocurrency treasury reserve, which is native to the decentralized digital asset exchange and Layer-1 blockchain, Hyperliquid. Hyperliquid is a layer one blockchain (L1) written and optimized from first principles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
