NOVONIX (NVX) Stock Price, News & Analysis

Company Overview

NOVONIX is a developer and manufacturer of high-performance materials and technologies for lithium-ion batteries, with a primary focus on synthetic graphite anode materials and battery testing services. Founded in 2014 as a spin-out from Dalhousie University in Halifax, Nova Scotia, the company combines academic research expertise with industrial-scale production capabilities. Headquartered in Dartmouth, Nova Scotia, NOVONIX also maintains operations in the United States, Australia and Europe, serving customers in the electric vehicle, consumer electronics and energy storage markets.

The company’s core product offering is its SuperGrade® synthetic graphite, engineered to deliver high capacity, long cycle life and enhanced charge-rate performance in lithium-ion cells. NOVONIX complements its materials business with precision electrode manufacturing equipment and a suite of battery-testing services. Its testing laboratories, located in North America and Europe, provide cell validation, lifetime cycling and analytical data to battery developers and OEMs seeking to accelerate product development cycles.

NOVONIX is actively scaling its production footprint to meet growing demand for advanced battery materials. In the United States, the company is constructing a large-scale graphite processing facility designed to supply North American battery gigafactories. Simultaneously, research centers in Australia and the United Kingdom pursue next-generation anode chemistries and manufacturing processes. NOVONIX has established strategic partnerships with major battery manufacturers and automakers to secure long-term supply agreements and collaborative development programs.

Under the leadership of CEO Greg Bryan, NOVONIX leverages a team of scientists and engineers committed to driving battery innovation. The company’s board and executive management combine experience from academia, mining, specialty chemicals and industrial manufacturing. As global electrification efforts gain momentum, NOVONIX aims to expand its role in the battery value chain by delivering consistent, high-quality materials and data-driven insights to energy storage stakeholders worldwide.

Key Stats

• Today's Range: $1.06 to $1.12
• 50-Day Range: $1.01 to $1.46
• 52-Week Range: $0.81 to $2.73
• Volume: 64,387 shs
• Average Volume: 103,986 shs
• Market Capitalization: $170.16 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 11% of companies evaluated by MarketBeat, and ranked 616th out of 653 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 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.31% of the float of NOVONIX has been sold short.

Short Interest Ratio / Days to Cover

NOVONIX has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in NOVONIX has recently decreased by 7.50%, indicating that investor sentiment is improving 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

0.31% of the float of NOVONIX has been sold short.

Short Interest Ratio / Days to Cover

NOVONIX has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in NOVONIX has recently decreased by 7.50%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.9 / 5
• News Sentiment: N/A

News Sentiment

NOVONIX has a news sentiment score of -0.45. 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 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

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

MarketBeat Follows

Only 1 people have added NOVONIX to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

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 on January 1st, 2025. Since then, NVX stock has decreased by 40.6% and is now trading at $1.07.

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: 7/08/2025
• Next Earnings (Estimated): 8/20/2025
• 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: N/A

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: 29.09
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.88 per share
• Price / Book: 1.22

Miscellaneous

• Outstanding Shares: 159,030,000
• Free Float: 121,340,000
• Market Cap: $170.16 million
• Optionable: Not Optionable
• Beta: 2.58