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NOVONIX (NVX) Competitors

NOVONIX logo
$1.33 -0.08 (-5.67%)
Closing price 02/21/2025 04:00 PM Eastern
Extended Trading
$1.38 +0.05 (+3.68%)
As of 02/21/2025 06:00 PM Eastern
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NVX vs. BYRN, MVST, BLDP, SES, AMPX, EAF, FREY, SLDP, NRGV, and GAUZ

Should you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include Byrna Technologies (BYRN), Microvast (MVST), Ballard Power Systems (BLDP), SES AI (SES), Amprius Technologies (AMPX), GrafTech International (EAF), FREYR Battery (FREY), Solid Power (SLDP), Energy Vault (NRGV), and Gauzy (GAUZ). These companies are all part of the "electrical equipment" industry.

NOVONIX vs.

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

0.1% of NOVONIX shares are owned by institutional investors. Comparatively, 25.5% of Byrna Technologies shares are owned by institutional investors. 23.7% of NOVONIX shares are owned by company insiders. Comparatively, 11.1% of Byrna Technologies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Byrna Technologies has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$8.06M26.21-$46.25MN/AN/A
Byrna Technologies$85.76M7.53$12.79M$0.5452.80

In the previous week, Byrna Technologies had 10 more articles in the media than NOVONIX. MarketBeat recorded 10 mentions for Byrna Technologies and 0 mentions for NOVONIX. Byrna Technologies' average media sentiment score of 0.23 beat NOVONIX's score of 0.00 indicating that Byrna Technologies is being referred to more favorably in the news media.

Company Overall Sentiment
NOVONIX Neutral
Byrna Technologies Neutral

Byrna Technologies received 13 more outperform votes than NOVONIX when rated by MarketBeat users. However, 100.00% of users gave NOVONIX an outperform vote while only 73.68% of users gave Byrna Technologies an outperform vote.

CompanyUnderperformOutperform
NOVONIXOutperform Votes
1
100.00%
Underperform Votes
No Votes
Byrna TechnologiesOutperform Votes
14
73.68%
Underperform Votes
5
26.32%

NOVONIX has a beta of 2.9, indicating that its stock price is 190% more volatile than the S&P 500. Comparatively, Byrna Technologies has a beta of 1.65, indicating that its stock price is 65% more volatile than the S&P 500.

NOVONIX currently has a consensus target price of $4.00, indicating a potential upside of 200.75%. Byrna Technologies has a consensus target price of $17.75, indicating a potential downside of 37.74%. Given NOVONIX's higher possible upside, equities research analysts clearly believe NOVONIX is more favorable than Byrna Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Byrna Technologies
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25

Byrna Technologies has a net margin of 14.92% compared to NOVONIX's net margin of 0.00%. Byrna Technologies' return on equity of 15.39% beat NOVONIX's return on equity.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
Byrna Technologies 14.92%15.39%11.90%

Summary

Byrna Technologies beats NOVONIX on 12 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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.
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NVX vs. The Competition

MetricNOVONIXelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ Exchange
Market Cap$211.27M$883.96M$26.20B$8.95B
Dividend YieldN/A2.26%2.75%3.85%
P/E RatioN/A10.3746.3418.81
Price / Sales26.219.452,537.1376.64
Price / CashN/A16.4935.5737.47
Price / Book0.898.136.864.64
Net Income-$46.25M-$70.66M$731.18M$245.69M
7 Day Performance-7.64%-2.73%-2.01%-2.63%
1 Month Performance-16.35%-10.21%0.09%-2.37%
1 Year Performance-37.56%2.89%20.23%13.65%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVX
NOVONIX
2.1665 of 5 stars
$1.33
-5.7%
$4.00
+200.8%
-37.6%$211.27M$8.06M0.00N/AUpcoming Earnings
News Coverage
BYRN
Byrna Technologies
1.6686 of 5 stars
$32.80
-0.1%
$17.75
-45.9%
+147.5%$742.82M$85.76M364.48150Insider Trade
Gap Up
MVST
Microvast
2.2064 of 5 stars
$2.09
+2.5%
$3.33
+59.5%
+133.8%$676.94M$370.99M-5.502,006
BLDP
Ballard Power Systems
1.897 of 5 stars
$1.47
-1.3%
$2.77
+88.4%
-54.4%$440.18M$102.37M-1.341,173
SES
SES AI
1.7992 of 5 stars
$1.03
-1.4%
$1.25
+22.0%
-35.9%$369.60MN/A-4.46130Upcoming Earnings
AMPX
Amprius Technologies
2.5004 of 5 stars
$3.38
-1.3%
$9.29
+175.1%
-18.5%$357.21M$9.05M-7.5050
EAF
GrafTech International
2.8088 of 5 stars
$1.15
+4.1%
$1.90
+65.9%
-5.7%$294.46M$620.50M-0.981,249Positive News
Gap Up
High Trading Volume
FREY
FREYR Battery
3.0791 of 5 stars
$2.06
+8.2%
$4.00
+94.6%
+4.4%$288.71MN/A-2.70210
SLDP
Solid Power
1.5152 of 5 stars
$1.39
+1.5%
$2.75
+97.8%
-14.6%$250.74M$18.03M-2.84240
NRGV
Energy Vault
1.9167 of 5 stars
$1.63
-0.9%
$1.95
+20.0%
-17.1%$247.20M$130.96M-2.5070Gap Up
GAUZ
Gauzy
2.3538 of 5 stars
$10.54
-3.2%
$16.25
+54.2%
N/A$200.79M$77.98M0.00N/A

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This page (NASDAQ:NVX) was last updated on 2/22/2025 by MarketBeat.com Staff
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