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NASDAQ:NEOV

NeoVolta (NEOV) Stock Price, News & Analysis

NeoVolta logo
$5.31 +0.06 (+1.14%)
(As of 11/19/2024 ET)

About NeoVolta Stock (NASDAQ:NEOV)

Key Stats

Today's Range
$5.11
$5.42
50-Day Range
$2.66
$5.39
52-Week Range
$0.63
$6.11
Volume
215,048 shs
Average Volume
138,581 shs
Market Capitalization
$177.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.50
Consensus Rating
Buy

Company Overview

NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was formed in 2018 and is headquartered in Poway, California.

NeoVolta Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
43rd Percentile Overall Score

NEOV MarketRank™: 

NeoVolta scored higher than 43% of companies evaluated by MarketBeat, and ranked 194th out of 267 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    NeoVolta has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

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

  • Read more about NeoVolta's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of NeoVolta is -58.56, 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 NeoVolta is -58.56, 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

    NeoVolta has a P/B Ratio of 37.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about NeoVolta's valuation and earnings.
  • Percentage of Shares Shorted

    2.22% of the float of NeoVolta has been sold short.
  • Short Interest Ratio / Days to Cover

    NeoVolta has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in NeoVolta has recently increased by 16.73%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    NeoVolta does not currently pay a dividend.

  • Dividend Growth

    NeoVolta does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.22% of the float of NeoVolta has been sold short.
  • Short Interest Ratio / Days to Cover

    NeoVolta has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in NeoVolta has recently increased by 16.73%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    NeoVolta has a news sentiment score of 0.09. 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 lower news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for NeoVolta this week, compared to 0 articles on an average week.
  • Search Interest

    1 people have searched for NEOV on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, NeoVolta insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    15.20% of the stock of NeoVolta is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 5.11% of the stock of NeoVolta is held by institutions.

  • Read more about NeoVolta's insider trading history.
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NEOV Stock News Headlines

Gauzy (NASDAQ:GAUZ) & NeoVolta (NASDAQ:NEOV) Head-To-Head Review
NeoVolta - Small Cap Making Big Promises
The Tesla Trade Is Back In Business
If you held shares of Tesla throughout 2024, you know It’s been a year of extreme highs and lows… But according to our one expert, new yearly highs are on the horizon… In his words, Tesla is building momentum like in 2020, especially as Trump supports the EV maker. Which is why we’re emailing you now… You see, most people will simply buy shares of Tesla ahead of the election… But as they say “There is more than one way to skin a cat” In fact, we’ve found another way to play shares of Tesla.
/C O R R E C T I O N -- NeoVolta/
Earnings Outlook For SKYX Platforms
NeoVolta Inc Ordinary Shares
See More Headlines

NEOV Stock Analysis - Frequently Asked Questions

NeoVolta's stock was trading at $1.60 at the beginning of the year. Since then, NEOV stock has increased by 229.4% and is now trading at $5.27.
View the best growth stocks for 2024 here
.

NeoVolta Inc. (NASDAQ:NEOV) released its quarterly earnings results on Friday, November, 8th. The company reported ($0.03) earnings per share for the quarter. The company earned $0.59 million during the quarter. NeoVolta had a negative net margin of 114.93% and a negative trailing twelve-month return on equity of 58.84%.

NeoVolta (NEOV) raised $4 million in an initial public offering (IPO) on Thursday, July 28th 2022. The company issued 1,000,000 shares at a price of $4.00 per share. Maxim Group served as the underwriter for the IPO.

Top institutional shareholders of NeoVolta include Legacy Investment Solutions LLC (10.45%), Geode Capital Management LLC (0.92%), State Street Corp (0.30%) and Barclays PLC (0.03%).

Shares of NEOV 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that NeoVolta investors own include Palantir Technologies (PLTR), Recursion Pharmaceuticals (RXRX), BigBear.ai (BBAI), SoundHound AI (SOUN), Absci (ABSI), ADMA Biologics (ADMA) and Butterfly Network (BFLY).

Company Calendar

Last Earnings
11/08/2024
Today
11/19/2024
Next Earnings (Estimated)
2/14/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
Electrical Equipment
Current Symbol
NASDAQ:NEOV
Fax
N/A
Employees
5
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.50
High Stock Price Target
$7.50
Low Stock Price Target
$7.50
Potential Upside/Downside
+42.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-2,300,000.00
Net Margins
-114.93%
Pretax Margin
-114.85%

Debt

Sales & Book Value

Annual Sales
$2.64 million
Book Value
$0.14 per share

Miscellaneous

Free Float
28,291,000
Market Cap
$176.14 million
Optionable
Not Optionable
Beta
-1.99
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This page (NASDAQ:NEOV) was last updated on 11/19/2024 by MarketBeat.com Staff
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