Energy Vault (NRGV) Stock Price, News & Analysis

Company Overview

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. Its software solutions includes Vault-OS, an energy management system the management of one or more diverse storage mediums; Vault-Bidder that utilizes machine learning algorithms to match node-specific data with real-time weather and asset performance information; and Vault-Manager which designs to safeguard asset management and to help blend developing technologies seamlessly into existing solutions. Energy Vault Holdings, Inc. is based in Westlake Village, California.

Key Stats

• Today's Range: $1.43 to $1.54
• 50-Day Range: $0.79 to $2.20
• 52-Week Range: $0.78 to $2.68
• Volume: 161,081 shs
• Average Volume: 839,461 shs
• Market Capitalization: $230.99 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.95
• Consensus Rating: Hold

Energy Vault Stock Analysis - MarketRank™

Energy Vault scored higher than 40% of companies evaluated by MarketBeat, and ranked 196th out of 263 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: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Energy Vault has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, no hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Energy Vault has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

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

Earnings Growth

Earnings for Energy Vault are expected to grow in the coming year, from ($0.64) to ($0.41) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Energy Vault is -2.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Energy Vault is -2.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Energy Vault has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

24.33% of the float of Energy Vault has been sold short.

Short Interest Ratio / Days to Cover

Energy Vault has a short interest ratio ("days to cover") of 19.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Energy Vault has recently increased by 11.68%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Energy Vault does not currently pay a dividend.

Dividend Growth

Energy Vault does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

24.33% of the float of Energy Vault has been sold short.

Short Interest Ratio / Days to Cover

Energy Vault has a short interest ratio ("days to cover") of 19.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Energy Vault has recently increased by 11.68%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.62

News Sentiment

Energy Vault has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Energy Vault this week, compared to 2 articles on an average week.

Search Interest

7 people have searched for NRGV on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

MarketBeat Follows

27 people have added Energy Vault to their MarketBeat watchlist in the last 30 days. This is an increase of 1,250% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Energy Vault insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $42,000.00 in company stock.

Percentage Held by Insiders

19.80% of the stock of Energy Vault is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

40.03% of the stock of Energy Vault is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NRGV Stock Analysis - Frequently Asked Questions

How have NRGV shares performed this year?

Energy Vault's stock was trading at $2.33 on January 1st, 2024. Since then, NRGV stock has decreased by 34.5% and is now trading at $1.5250.
View the best growth stocks for 2024 here.

How were Energy Vault's earnings last quarter?

Energy Vault Holdings, Inc. (NYSE:NRGV) posted its earnings results on Tuesday, November, 12th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.15) by $0.03. The company earned $1.20 million during the quarter, compared to the consensus estimate of $4.80 million. Energy Vault had a negative trailing twelve-month return on equity of 47.41% and a negative net margin of 73.37%.

Who are Energy Vault's major shareholders?

Energy Vault's top institutional shareholders include Geode Capital Management LLC (1.51%), State Street Corp (1.23%), Charles Schwab Investment Management Inc. (0.41%) and Jane Street Group LLC (0.11%). Insiders that own company stock include Robert Piconi, Andrea Pedretti, William Gross, Akshay Ladwa, Marco Terruzzin, Laurence Alexander, Christopher Wiese, Goncagul Icoren, Josh Mcmorrow and Gaalen Johannes Cornelis M Van.
View institutional ownership trends.

How do I buy shares of Energy Vault?

Shares of NRGV 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 Energy Vault own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Energy Vault investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD) and PayPal (PYPL).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/11/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Miscellaneous electrical machinery, equipment, & supplies
• Sub-Industry: N/A
• Current Symbol: NYSE:NRGV
• CUSIP: N/A
• CIK: 1828536
• Web: novuscapitalcorporationii.com
• Phone: 805-852-0000
• Fax: N/A
• Employees: 179
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $1.95
• High Stock Price Target: $3.00
• Low Stock Price Target: $0.75
• Potential Upside/Downside: +27.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.65)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-98,440,000.00
• Net Margins: -73.37%
• Pretax Margin: -73.36%
• Return on Equity: -47.41%
• Return on Assets: -33.86%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.87
• Quick Ratio: 1.87

Sales & Book Value

• Annual Sales: $341.54 million
• Price / Sales: 0.68
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.19 per share
• Price / Book: 1.29

Miscellaneous

• Outstanding Shares: 150,480,000
• Free Float: 120,688,000
• Market Cap: $230.99 million
• Optionable: Optionable
• Beta: 0.45