HYPERLIQUID STRATEGIES INC (PURR)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-11-05
$8.76-9.60%
Close 2026-11-05 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-11-05
QuarterlyIQ Insights · PURR
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
No current thesis-health read is available for this company.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -44.7% |
| Our one-year growth estimate | diamond | Not available |
Growth built into the price is above our model estimate.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 232 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A comparable growth gap is not available.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name has erratic recent earnings surprises and missed its most recent quarter. A fundamental tilt, not a price call.
Model as of 2026-11-05 · Compared with 20 industry peers
PURR — earnings miss
Dated 2026-08-27
Results of Operations and Financial Condition. On August 27, 2026, Hyperliquid Strategies Inc (the “Company”) issued a press release announcing its financial results for the fiscal year ended June 30, 2026. A copy of the press release is included as Exhibit 99.1 to this report. The information in this report under this item, including the exhibit, is provided under
Why it matters: The last report showed 29.3 million HYPE tokens held. A new holdings figure will show whether the treasury keeps growing.
Watch forThe November 5 report shows more than 29.3 million HYPE tokens held, with no large drop in cash.
Also watch forThe November 5 report shows fewer than 29.3 million HYPE tokens held, or a large drop in cash without a clear use.
Why it matters: A U.S. path could widen access to the protocol. The current input is a public remark, not a formal approval.
Watch forA formal filing or company statement names a U.S. compliance plan, regulator step, or launch date.
Also watch forA company or regulator statement rules out a U.S. launch, or reports a block to the plan.
Why it matters: PURR raised $646.6 million under its equity facility while buying HYPE. New share sales can fund the treasury, but add shares.
Watch forA filing shows added HYPE holdings funded with modest share issuance, while the HYPE tokens held per share rise.
Also watch forA filing shows large share issuance while HYPE holdings per share stay flat or fall.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$348 on $10,000 · ±3.5% | How much price usually moves either way. |
| Bad day | $977 loss on $10,000 · 9.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,558 loss on $10,000 · 45.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.