NET Power (NPWR) Stock Price, News & Analysis

Company Overview

NET Power Inc. operates as a clean energy technology company. The company invents, develops, and licenses clean power generation technology. NET Power Inc. was founded in 2010 and is headquartered in Durham, North Carolina.

Key Stats

• Today's Range: $11.85 to $12.82
• 50-Day Range: $6.61 to $13.10
• 52-Week Range: $6.57 to $14.28
• Volume: 469,879 shs
• Average Volume: 398,073 shs
• Market Capitalization: $2.69 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.50
• Consensus Rating: Moderate Buy

NET Power Stock Analysis - MarketRank™

NET Power scored higher than 21% of companies evaluated by MarketBeat, and ranked 244th out of 262 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NET Power has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

NET Power has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for NET Power are expected to grow in the coming year, from ($0.40) to ($0.31) per share.

Price to Book Value per Share Ratio

NET Power has a P/B Ratio of 3.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.71% of the float of NET Power has been sold short.

Short Interest Ratio / Days to Cover

NET Power has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in NET Power has recently decreased by 2.88%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NET Power does not currently pay a dividend.

Dividend Growth

NET Power does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.71% of the float of NET Power has been sold short.

Short Interest Ratio / Days to Cover

NET Power has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in NET Power has recently decreased by 2.88%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.82

News Sentiment

NET Power has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for NET Power this week, compared to 3 articles on an average week.

Search Interest

6 people have searched for NPWR on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

MarketBeat Follows

6 people have added NET Power to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, NET Power insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,679,686.00 in company stock.

Percentage Held by Insiders

Only 2.71% of the stock of NET Power is held by insiders.

Percentage Held by Institutions

53.62% of the stock of NET Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NPWR Stock Analysis - Frequently Asked Questions

How have NPWR shares performed this year?

NET Power's stock was trading at $10.10 at the start of the year. Since then, NPWR stock has increased by 20.7% and is now trading at $12.19.
View the best growth stocks for 2024 here.

How were NET Power's earnings last quarter?

NET Power Inc. (NYSE:NPWR) issued its quarterly earnings data on Tuesday, November, 12th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.16) by $0.17.

Who are NET Power's major shareholders?

Top institutional shareholders of NET Power include Summit Partners Public Asset Management LLC (0.46%), Wellington Management Group LLP (0.35%), Geode Capital Management LLC (0.30%) and HITE Hedge Asset Management LLC (0.18%). Insiders that own company stock include Sk Inc, Npeh, Llc, 8 Rivers Capital, Llc, James Mahon and Brandon Heffinger.
View institutional ownership trends.

How do I buy shares of NET Power?

Shares of NPWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of NET Power own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NET Power investors own include Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Meta Platforms (META), Visa (V), Alphabet (GOOG) and Coca-Cola (KO).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/18/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Electrical industrial apparatus
• Sub-Industry: Electrical Equipment
• Current Symbol: NYSE:NPWR
• CUSIP: N/A
• CIK: 1845437
• Web: www.netpower.com
• Phone: 919-287-4750
• Fax: N/A
• Employees: 24
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.50
• High Stock Price Target: $11.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: -22.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-77,230,000.00
• Net Margins: N/A
• Pretax Margin: -8,860.93%
• Return on Equity: 6.23%
• Return on Assets: 1.91%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 20.96
• Quick Ratio: 40.06

Sales & Book Value

• Annual Sales: $170,000.00
• Price / Sales: 15,443.30
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.56 per share
• Price / Book: 3.42

Miscellaneous

• Outstanding Shares: 215,370,000
• Free Float: 209,535,000
• Market Cap: $2.63 billion
• Optionable: Optionable
• Beta: -0.21