This paper focus on the Hyperlink analysis, the algorithms used for link analysis, compare those algorithms and the role of hyperlink analysis in Web searching. In the hyperlink analysis, the number of incoming links to a page and the number of outgoing links from that page will be analyzed and the reliability of the linking will be analyzed. Authorities and Hubs concept of Web pages will be explored. The different algorithms used for Link analysis like PageRank, HITS (Hyperlink-Induced Topic Search) and other algorithms will be discussed and compared. The formula used by those algorithms will be explored
