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NOVONIX (NVX) Competitors

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$1.15 -0.14 (-10.85%)
Closing price 03/28/2025 03:59 PM Eastern
Extended Trading
$1.17 +0.02 (+2.09%)
As of 03/28/2025 04:45 PM Eastern
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NVX vs. NPWR, BYRN, MVST, BLDP, RONI, AMPX, EAF, SES, FREY, and SLDP

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

NOVONIX vs.

NET Power (NYSE:NPWR) and NOVONIX (NASDAQ:NVX) are both small-cap energy companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, institutional ownership, analyst recommendations, risk, valuation, community ranking, media sentiment, dividends and profitability.

NOVONIX has higher revenue and earnings than NET Power.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NET Power$250K2,346.03-$77.23MN/AN/A
NOVONIX$5.85M31.23-$46.25MN/AN/A

NET Power's return on equity of 6.23% beat NOVONIX's return on equity.

Company Net Margins Return on Equity Return on Assets
NET PowerN/A 6.23% 1.91%
NOVONIX N/A N/A N/A

53.6% of NET Power shares are owned by institutional investors. Comparatively, 0.1% of NOVONIX shares are owned by institutional investors. 2.7% of NET Power shares are owned by company insiders. Comparatively, 23.7% of NOVONIX shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

NET Power has a beta of 0.07, indicating that its stock price is 93% less volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.94, indicating that its stock price is 194% more volatile than the S&P 500.

In the previous week, NET Power had 4 more articles in the media than NOVONIX. MarketBeat recorded 5 mentions for NET Power and 1 mentions for NOVONIX. NOVONIX's average media sentiment score of 1.89 beat NET Power's score of 0.07 indicating that NOVONIX is being referred to more favorably in the news media.

Company Overall Sentiment
NET Power Neutral
NOVONIX Very Positive

NET Power received 3 more outperform votes than NOVONIX when rated by MarketBeat users. However, 100.00% of users gave NOVONIX an outperform vote while only 44.44% of users gave NET Power an outperform vote.

CompanyUnderperformOutperform
NET PowerOutperform Votes
4
44.44%
Underperform Votes
5
55.56%
NOVONIXOutperform Votes
1
100.00%
Underperform Votes
No Votes

NET Power presently has a consensus price target of $4.50, indicating a potential upside of 66.98%. NOVONIX has a consensus price target of $4.00, indicating a potential upside of 247.83%. Given NOVONIX's higher probable upside, analysts clearly believe NOVONIX is more favorable than NET Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NET Power
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

NET Power and NOVONIX tied by winning 7 of the 14 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$182.86M$764.17M$23.05B$7.83B
Dividend YieldN/A2.43%2.82%4.00%
P/E RatioN/A8.7541.9918.67
Price / Sales31.239.662,055.2191.01
Price / CashN/A15.9534.6134.64
Price / Book0.778.576.084.23
Net Income-$46.25M-$70.66M$735.23M$247.15M
7 Day Performance-5.74%-6.41%-2.03%-2.17%
1 Month Performance4.55%-10.22%49,625.99%-5.68%
1 Year Performance-48.66%-18.28%52,700.90%-0.74%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVX
NOVONIX
2.7983 of 5 stars
$1.15
-10.9%
$4.00
+247.8%
-48.7%$182.86M$5.85M0.00N/APositive News
NPWR
NET Power
2.5095 of 5 stars
$3.21
+9.0%
$4.50
+40.4%
-76.3%$697.50M$250,000.000.0024Gap Up
BYRN
Byrna Technologies
2.9682 of 5 stars
$18.87
+3.6%
$22.08
+17.0%
+22.4%$427.35M$95.30M34.95150Upcoming Earnings
News Coverage
Gap Up
MVST
Microvast
2.3449 of 5 stars
$1.27
-2.3%
$3.33
+162.5%
+37.4%$411.34M$370.99M-3.342,150
BLDP
Ballard Power Systems
3.0127 of 5 stars
$1.30
flat
$2.13
+63.7%
-59.0%$389.27M$69.73M-1.181,173
RONI
Rice Acquisition Corp. II
N/A$2.94
-3.0%
N/A-75.9%$355.01MN/A0.0024High Trading Volume
AMPX
Amprius Technologies
3.8885 of 5 stars
$3.30
+5.9%
$9.43
+186.1%
+5.9%$348.74M$17.22M-7.3250Gap Up
High Trading Volume
EAF
GrafTech International
1.9251 of 5 stars
$1.01
+1.5%
$1.90
+89.1%
-31.2%$258.55M$538.78M-1.971,350
SES
SES AI
1.8838 of 5 stars
$0.59
+12.2%
$1.25
+111.5%
-67.6%$215.51M$2.04M-2.57130Short Interest ↑
High Trading Volume
FREY
FREYR Battery
2.0872 of 5 stars
$1.49
-5.1%
$4.00
+168.5%
-15.7%$209.33MN/A-1.96210
SLDP
Solid Power
1.5913 of 5 stars
$1.15
+3.6%
$2.67
+131.9%
-46.8%$209.29M$20.14M-2.35240
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This page (NASDAQ:NVX) was last updated on 3/29/2025 by MarketBeat.com Staff
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