NVX vs. SES, SLDP, BYRN, FREY, ZEO, STEM, EOSE, ULBI, NRGV, and CBAT
Should you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include SES AI (SES), Solid Power (SLDP), Byrna Technologies (BYRN), FREYR Battery (FREY), Zeo Energy (ZEO), Stem (STEM), Eos Energy Enterprises (EOSE), Ultralife (ULBI), Energy Vault (NRGV), and CBAK Energy Technology (CBAT). These companies are all part of the "miscellaneous electrical machinery, equipment, & supplies" industry.
NOVONIX (NASDAQ:NVX) and SES AI (NYSE:SES) are both small-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, risk, community ranking, analyst recommendations, earnings and media sentiment.
In the previous week, NOVONIX had 2 more articles in the media than SES AI. MarketBeat recorded 2 mentions for NOVONIX and 0 mentions for SES AI. NOVONIX's average media sentiment score of 0.44 beat SES AI's score of 0.00 indicating that NOVONIX is being referred to more favorably in the media.
NOVONIX's return on equity of 0.00% beat SES AI's return on equity.
NOVONIX has higher revenue and earnings than SES AI.
NOVONIX has a beta of 3.04, meaning that its share price is 204% more volatile than the S&P 500. Comparatively, SES AI has a beta of 2.47, meaning that its share price is 147% more volatile than the S&P 500.
NOVONIX currently has a consensus target price of $4.00, indicating a potential upside of 129.89%. SES AI has a consensus target price of $9.00, indicating a potential upside of 622.89%. Given SES AI's higher possible upside, analysts plainly believe SES AI is more favorable than NOVONIX.
0.1% of NOVONIX shares are held by institutional investors. Comparatively, 29.8% of SES AI shares are held by institutional investors. 23.7% of NOVONIX shares are held by company insiders. Comparatively, 15.1% of SES AI shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
NOVONIX received 1 more outperform votes than SES AI when rated by MarketBeat users. Likewise, 100.00% of users gave NOVONIX an outperform vote while only 0.00% of users gave SES AI an outperform vote.
Summary
NOVONIX beats SES AI on 12 of the 14 factors compared between the two stocks.
Get NOVONIX News Delivered to You Automatically
Sign up to receive the latest news and ratings for NVX and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding NVX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
Related Companies and Tools
