Heliogen, Inc. Price & Performance (HLGN)

Heliogen, Inc. shares have soared 189% in the past two weeks, closing at $2.66 on May 9. The stock's sharp rise is accompanied by high volatility, with daily swings over 40%. Analysts recommend holding or accumulating, noting strong technical signals but cautioning about elevated risk levels.12

Heliogen reported a net loss of $6.36 million for Q1 2025, a significant improvement from the $15.23 million loss a year earlier. Loss per share also decreased, reflecting ongoing cost-cutting measures and facility closures as the company pivots to new solar technology opportunities.34

Heliogen's stock has outperformed both the U.S. electrical industry and the broader market, delivering a 62% return over the past year. However, this growth comes with heightened volatility, as weekly price movements average 27%, far exceeding the market average of 8.1%.25