Free Trial

Energy Vault (NYSE:NRGV) Announces Earnings Results, Misses Estimates By $0.21 EPS

Energy Vault logo with Oils/Energy background

Energy Vault (NYSE:NRGV - Get Free Report) released its quarterly earnings results on Monday. The company reported ($0.35) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.21), Zacks reports. The firm had revenue of $38.95 million for the quarter, compared to analysts' expectations of $42.51 million. Energy Vault had a negative net margin of 73.37% and a negative return on equity of 47.41%. Energy Vault updated its FY 2025 guidance to EPS.

Energy Vault Stock Up 4.6 %

Shares of NYSE:NRGV traded up $0.04 during midday trading on Friday, hitting $0.95. 1,865,150 shares of the stock traded hands, compared to its average volume of 1,014,686. The stock has a market capitalization of $145.12 million, a PE ratio of -1.47 and a beta of 0.45. The business's 50 day moving average is $1.54 and its two-hundred day moving average is $1.56. Energy Vault has a one year low of $0.78 and a one year high of $2.70.

Analysts Set New Price Targets

Several brokerages recently issued reports on NRGV. Roth Mkm cut their target price on shares of Energy Vault from $2.50 to $1.50 and set a "buy" rating for the company in a research report on Thursday. The Goldman Sachs Group cut their target price on shares of Energy Vault from $1.00 to $0.75 and set a "sell" rating for the company in a research report on Wednesday. Finally, TD Cowen cut their price target on shares of Energy Vault from $2.50 to $2.00 and set a "buy" rating for the company in a research report on Tuesday. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to MarketBeat.com, Energy Vault presently has an average rating of "Hold" and an average price target of $1.60.

Check Out Our Latest Research Report on NRGV

About Energy Vault

(Get Free Report)

Energy Vault Holdings, Inc develops and sells energy storage solutions. The company offers B-Vault, an electrochemical battery energy storage systems for shorter-duration energy storage needs; G-Vault, a proprietary gravity energy storage solution, including EVx solution; and H-Vault, a hybrid energy storage systems including systems that integrate green hydrogen.

Further Reading

Earnings History for Energy Vault (NYSE:NRGV)

Should You Invest $1,000 in Energy Vault Right Now?

Before you consider Energy Vault, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Energy Vault wasn't on the list.

While Energy Vault currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy the Fear: 3 Down Stocks That Could 10x Your Profits
Congress Bought THESE Stocks as Tariffs Tanked the Market
5 Stocks to BUY Now as Tariff Uncertainty Fades

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines