Heliogen, Inc. (HLGN)

OTCMKTS: HLGN · Delayed Price · USD
2.00
+0.22 (12.36%)
Dec 29, 2023, 3:59 PM EST - Market closed
Market Cap 11.82M
Revenue (ttm) 10.32M
Net Income (ttm) -87.83M
Shares Out 5.91M
EPS (ttm) -15.47
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 53,894
Open 1.78
Previous Close 1.78
Day's Range 1.51 - 2.00
52-Week Range 0.17 - 9.25
Beta 2.39
Analysts Hold
Price Target 8.75 (+337.5%)
Earnings Date Nov 13, 2023

About HLGN

Heliogen, Inc., a renewable energy technology company, operates in decarbonizing industry with concentrated sunlight. It is developing a solar solution utilizing computer vision software to align an array of mirrors, reflecting sunlight to a target on the top of a tower. Its artificial intelligence enabled modular system delivers renewable energy in the form of heat, power, or hydrogen fuel. The company's solutions include HelioHeat, a carbon-free, ultra-high temperature heat to power heavy industrial processes, including the making of cement, ... [Read more]

Sector Utilities
Founded 2013
Employees 220
Stock Exchange OTCMKTS
Ticker Symbol HLGN
Full Company Profile

Financial Performance

In 2022, Heliogen's revenue was $13.75 million, an increase of 56.19% compared to the previous year's $8.80 million. Losses were -$142.00 million, -0.13% less than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for HLGN stock is "Hold" and the 12-month stock price forecast is $8.75.

Price Target
$8.75
(337.50% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Heliogen Unveils Significant Achievement in Concentrating Solar Technology with Successful Demonstration of Advanced Control Software at Sandia Labs

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, has demonstrated the effectiveness of it...

26 days ago - Business Wire

Heliogen Announces Semifinalist Position in DOE Heliostat Prize

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced its selection as one of nine semif...

5 weeks ago - Business Wire

Heliogen Announces Commencement of OTCQX Trading

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen announced that the company's common stock has commenced trading on the OTCQX Best Market under the ticker symbol “HLGN.”.

6 weeks ago - Business Wire

Heliogen, Inc. Announces Third Quarter 2023 Financial and Operational Results

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQB: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its third quarter 2023 fi...

6 weeks ago - Business Wire

Heliogen's CFO and Head of Strategy to Lead Public Presentation in Sidoti's Virtual Investor Conference

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen announced its participation in the Sidoti November Virtual Investor Conference. The event will take place from Nov. 15 to 16, 2023.

6 weeks ago - Business Wire

Heliogen Announces Suspension of NYSE Listing Status

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen” or the “Company”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced it has received no...

7 weeks ago - Business Wire

NYSE to Commence Delisting Proceedings Against Heliogen, Inc. (HLGN)

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities en...

7 weeks ago - Business Wire

Heliogen, Inc. Schedules Release of Third Quarter 2023 Financial Results and Conference Call

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced that it will release financial and o...

2 months ago - Business Wire

Heliogen Announces Major Milestones in Concentrated Solar Technology Project with Woodside Energy and U.S. Department of Energy

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (NYSE: HLGN) (the “Company”), a leading provider of AI-enabled concentrating solar energy technology, has completed two key product development milest...

2 months ago - Business Wire

Heliogen Announces 1-for-35 Reverse Stock Split

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, announced today that its Board of Directo...

4 months ago - Business Wire

Heliogen, Inc. to Participate in Fireside Chat at SHARE Series Event

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy, is pleased to announce its participation in the SHAR...

5 months ago - Business Wire

Heliogen, Inc. Announces Second Quarter 2023 Financial and Operational Results

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its second quarter 2023 fi...

5 months ago - Business Wire

Heliogen, Inc. Schedules Release of Second Quarter 2023 Financial Results and Conference Call

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced that it will release financial and o...

5 months ago - Business Wire

Heliogen Appoints Sagar Kurada as Chief Financial Officer and Head of Strategy

PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (NYSE: HLGN) (the “Company”), a leading provider of AI-enabled concentrating solar energy technology, today announced the appointment of Sag...

6 months ago - Business Wire

Heliogen and NantG Power Announce Strategic Collaboration to Innovate Solar Thermal Calcination Design

PASADENA, Calif. & CULVER CITY, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, and NantG Power, LLC, an adva...

6 months ago - Business Wire

Heliogen and the City of Lancaster Advance Hydrogen Economy Through the City's First Green Hydrogen Contract to Fuel Municipal Fleet

PASADENA, Calif. & LANCASTER, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced the e...

7 months ago - Business Wire

Heliogen, Inc. Announces First Quarter 2023 Financial and Operational Results

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its first quarter 2023 financial and...

8 months ago - Business Wire

Heliogen to Participate in Upcoming Institutional Investor Conferences

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced participation in upcoming institutional invest...

8 months ago - Business Wire

Heliogen, Inc. Schedules Release of First Quarter 2023 Financial Results and Conference Call

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced that it will release financial and operating r...

8 months ago - Business Wire

Heliogen Rejects Unsolicited Acquisition Proposal from Continuum Renewables

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen” or the “Company”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that its Board of ...

8 months ago - Business Wire

Air Water Ventures Ltd. to Go Public Through Business Combination with Athena Technology Acquisition Corp. II

NEW YORK & ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Air Water Ventures Ltd., a first mover in direct air-to-water technology (the “Company”), and Athena Technology Acquisition Corp. II (NYSE:...

9 months ago - Business Wire

Heliogen Adopts Limited Duration Stockholder Rights Plan

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen” or the “Company”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that its Board of ...

9 months ago - Business Wire

Heliogen Confirms Receipt of Unsolicited, Non-Binding Acquisition Proposal

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen” or the “Company”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that it has receiv...

9 months ago - Business Wire

Continuum Renewables, Inc. Proposes to Purchase Heliogen, Inc. for $0.40 Per Share

PASADENA, Calif.--(BUSINESS WIRE)--Continuum Renewables, Inc. (Continuum Renewables) today announced its intention to acquire Heliogen, Inc. [NYSE: HLGN] for $0.40 per share of common stock in a non-b...

9 months ago - Business Wire

Heliogen, Inc. Announces Fourth Quarter and Full Year 2022 Financial and Operational Results; Reports Progress on Strategic Initiatives

PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its fourth quarter and full year 202...

9 months ago - Business Wire