NOVONIX (NVX) Stock Price, News & Analysis

Company Overview

NOVONIX, trading under the NASDAQ ticker NVX, is a technology-driven company specializing in the development and production of advanced materials and testing solutions for the lithium-ion battery industry. The company’s primary focus lies in supplying high-purity synthetic graphite anode materials and delivering comprehensive battery testing services to original equipment manufacturers (OEMs), research institutions, and battery producers worldwide. NOVONIX operates through two core divisions: NOVONIX Materials & Technology, which produces battery-grade graphite, and NOVONIX Battery Testing Solutions, which offers hardware and software platforms designed to accelerate battery research and development.

The Materials & Technology business segment manufactures spherical synthetic graphite anode products that meet rigorous industry standards for performance, consistency, and scalability. These materials are used in electric vehicle (EV) batteries and energy storage systems, where high energy density and long cycle life are critical. In parallel, the Battery Testing Solutions division provides turnkey test stations, data acquisition systems, and analytics software that enable clients to conduct accelerated life testing, performance evaluation, and quality control of lithium-ion cells and modules. NOVONIX’s combined offering of materials and testing services aims to shorten development timelines and mitigate technical risks for its customers.

Since its founding in 2016, NOVONIX has expanded its operations beyond its original laboratory in Halifax, Nova Scotia, to include engineering and manufacturing facilities in the United States. The company’s growth strategy encompasses the scaling of commercial-scale graphite production, strategic partnerships with academic research groups, and collaborations with leading battery manufacturers. By maintaining close ties with scientific institutions, NOVONIX leverages cutting-edge research in battery chemistry and cell engineering to continually refine its product portfolio and service capabilities.

NOVONIX is led by an experienced management team with deep expertise in electrochemistry, materials science, and industrial-scale manufacturing. This leadership, together with the company’s strong intellectual property base, positions NOVONIX to serve the growing global demand for high-performance battery materials and testing solutions as the transition to electrified transportation and renewable energy storage accelerates.

Key Stats

• Today's Range: $1.28 to $1.34
• 50-Day Range: $1.01 to $1.82
• 52-Week Range: $0.81 to $2.73
• Volume: 88,593 shs
• Average Volume: 158,212 shs
• Market Capitalization: $213.63 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NOVONIX Stock Analysis - MarketRank™

NOVONIX scored higher than 7% of companies evaluated by MarketBeat, and ranked 630th out of 649 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for NOVONIX.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for NOVONIX are expected to decrease in the coming year, from ($0.44) to ($0.52) per share.

Price to Book Value per Share Ratio

NOVONIX has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.25% of the outstanding shares of NOVONIX have been sold short.

Short Interest Ratio / Days to Cover

NOVONIX has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NOVONIX has recently increased by 39.00%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

NOVONIX does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

0.25% of the outstanding shares of NOVONIX have been sold short.

Short Interest Ratio / Days to Cover

NOVONIX has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NOVONIX has recently increased by 39.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.23

News Sentiment

NOVONIX has a news sentiment score of -0.23. 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 0.74 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for NOVONIX this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

23.70% of the stock of NOVONIX is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.06% of the stock of NOVONIX is held by institutions.

NVX Stock Analysis - Frequently Asked Questions

How have NVX shares performed this year?

NOVONIX's stock was trading at $1.80 at the start of the year. Since then, NVX shares have decreased by 26.7% and is now trading at $1.32.

Who are NOVONIX's major shareholders?

Top institutional investors of NOVONIX include Simplex Trading LLC.

How do I buy shares of NOVONIX?

Shares of NVX 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.

What other stocks do shareholders of NOVONIX own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NOVONIX investors own include NVIDIA (NVDA), CrowdStrike (CRWD), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), Adobe (ADBE) and Advanced Micro Devices (AMD).

Company Calendar

• Today: 9/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC PRODS - MISC
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:NVX
• CIK: 1859795
• Web: www.novonixgroup.com
• Phone: 61-4-3931-0818
• Fax: N/A
• Employees: N/A
• Year Founded: 2012

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.29
• Current Ratio: 1.24
• Quick Ratio: 1.21

Sales & Book Value

• Annual Sales: $5.85 million
• Price / Sales: 36.52
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.88 per share
• Price / Book: 1.50

Miscellaneous

• Outstanding Shares: 161,840,000
• Free Float: 123,487,000
• Market Cap: $213.63 million
• Optionable: Not Optionable
• Beta: 2.63