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NOVONIX (NVX) Competitors

$2.45
-0.04 (-1.61%)
(As of 12:58 PM ET)

NVX vs. STEM, ULBI, GWH, ELVA, CBAT, DFLI, SES, IMMR, PRCH, and RDVT

Should you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include Stem (STEM), Ultralife (ULBI), ESS Tech (GWH), Electrovaya (ELVA), CBAK Energy Technology (CBAT), Dragonfly Energy (DFLI), SES AI (SES), Immersion (IMMR), Porch Group (PRCH), and Red Violet (RDVT). These companies are all part of the "computer and technology" sector.

NOVONIX vs.

NOVONIX (NASDAQ:NVX) and Stem (NYSE:STEM) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, profitability, community ranking, risk, earnings, dividends and valuation.

Stem received 28 more outperform votes than NOVONIX when rated by MarketBeat users.

CompanyUnderperformOutperform
NOVONIXN/AN/A
StemOutperform Votes
28
41.18%
Underperform Votes
40
58.82%

NOVONIX has a net margin of 0.00% compared to Stem's net margin of -40.03%. NOVONIX's return on equity of 0.00% beat Stem's return on equity.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
Stem -40.03%-36.20%-11.56%

NOVONIX has a beta of 3.16, indicating that its share price is 216% more volatile than the S&P 500. Comparatively, Stem has a beta of 1.91, indicating that its share price is 91% more volatile than the S&P 500.

In the previous week, NOVONIX had 1 more articles in the media than Stem. MarketBeat recorded 3 mentions for NOVONIX and 2 mentions for Stem. Stem's average media sentiment score of 1.01 beat NOVONIX's score of 0.39 indicating that Stem is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NOVONIX
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Stem
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

0.1% of NOVONIX shares are owned by institutional investors. Comparatively, 61.6% of Stem shares are owned by institutional investors. 23.7% of NOVONIX shares are owned by insiders. Comparatively, 10.2% of Stem shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

NOVONIX has higher earnings, but lower revenue than Stem.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$8.06M37.61-$46.25MN/AN/A
Stem$461.52M0.45-$140.41M-$1.45-0.88

Stem has a consensus price target of $4.77, indicating a potential upside of 274.36%. Given Stem's higher possible upside, analysts clearly believe Stem is more favorable than NOVONIX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Stem
1 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.29

Summary

NOVONIX beats Stem on 8 of the 14 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NVX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

NVX vs. The Competition

MetricNOVONIXelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ Exchange
Market Cap$303.16M$1.07B$19.93B$7.99B
Dividend YieldN/A1.88%2.70%3.91%
P/E RatioN/A4.99220.7614.81
Price / Sales37.6112.31538.1073.68
Price / CashN/A10.9928.9729.27
Price / Book1.653.097.224.56
Net Income-$46.25M-$13.70M$608.59M$212.43M
7 Day Performance11.71%74.54%2.62%4.87%
1 Month Performance7.87%52.96%7.71%9.25%
1 Year Performance-9.49%-1.90%26.03%10.45%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STEM
Stem
4.0392 of 5 stars
$1.37
+13.2%
$4.77
+248.4%
-67.9%$221.46M$461.52M-0.94624Positive News
High Trading Volume
ULBI
Ultralife
2.6832 of 5 stars
$11.45
-7.1%
$13.00
+13.5%
+154.5%$188.58M$158.64M17.89536Positive News
High Trading Volume
GWH
ESS Tech
2.0767 of 5 stars
$0.80
+5.3%
$2.11
+163.8%
-29.0%$139.92M$7.54M-1.78231Gap Up
ELVA
Electrovaya
2.3819 of 5 stars
$3.19
-9.9%
$11.33
+255.3%
N/A$108.09M$43.37M159.5897Earnings Report
Analyst Revision
News Coverage
Gap Down
CBAT
CBAK Energy Technology
2.2007 of 5 stars
$1.18
-1.7%
N/A+60.8%$106.11M$204.44M13.111,456Positive News
DFLI
Dragonfly Energy
2.9261 of 5 stars
$1.23
+3.4%
$2.63
+114.1%
-60.6%$74.12M$64.39M-4.56150Earnings Report
Analyst Revision
Gap Down
SES
SES AI
0.59 of 5 stars
$1.39
+2.2%
$6.50
+367.6%
-13.7%$496.24MN/A-8.69300Gap Up
IMMR
Immersion
2.4996 of 5 stars
$8.83
+5.1%
$11.00
+24.6%
+31.4%$281.24M$33.92M6.4514Analyst Upgrade
PRCH
Porch Group
1.985 of 5 stars
$2.87
+3.6%
$7.19
+150.4%
+130.6%$280.11M$430.30M-2.52864
RDVT
Red Violet
2.9834 of 5 stars
$20.82
-0.9%
$25.00
+20.1%
-7.1%$285.88M$63.09M20.41183

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This page (NASDAQ:NVX) was last updated on 5/20/2024 by MarketBeat.com Staff

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