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NOVONIX (NVX) Competitors

$2.20
+0.02 (+0.92%)
(As of 05/23/2024 ET)

NVX vs. STEM, ULBI, GWH, ELVA, CBAT, DFLI, SES, IMMR, PRCH, and RDVT

Should you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include Stem (STEM), Ultralife (ULBI), ESS Tech (GWH), Electrovaya (ELVA), CBAK Energy Technology (CBAT), Dragonfly Energy (DFLI), SES AI (SES), Immersion (IMMR), Porch Group (PRCH), and Red Violet (RDVT). These companies are all part of the "computer and technology" sector.

NOVONIX vs.

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

In the previous week, Stem and Stem both had 1 articles in the media. NOVONIX's average media sentiment score of 1.00 beat Stem's score of 0.33 indicating that Stem is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Stem
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NOVONIX
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Stem received 28 more outperform votes than NOVONIX when rated by MarketBeat users.

CompanyUnderperformOutperform
StemOutperform Votes
28
41.18%
Underperform Votes
40
58.82%
NOVONIXN/AN/A

Stem has a beta of 1.91, suggesting that its stock price is 91% more volatile than the S&P 500. Comparatively, NOVONIX has a beta of 3.16, suggesting that its stock price is 216% more volatile than the S&P 500.

NOVONIX has lower revenue, but higher earnings than Stem.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Stem$461.52M0.46-$140.41M-$1.45-0.90
NOVONIX$8.06M33.97-$46.25MN/AN/A

61.6% of Stem shares are held by institutional investors. Comparatively, 0.1% of NOVONIX shares are held by institutional investors. 10.2% of Stem shares are held by insiders. Comparatively, 23.7% of NOVONIX shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

NOVONIX has a net margin of 0.00% compared to NOVONIX's net margin of -40.03%. Stem's return on equity of 0.00% beat NOVONIX's return on equity.

Company Net Margins Return on Equity Return on Assets
Stem-40.03% -36.20% -11.56%
NOVONIX N/A N/A N/A

Stem presently has a consensus price target of $4.77, suggesting a potential upside of 264.36%. Given NOVONIX's higher probable upside, analysts plainly believe Stem is more favorable than NOVONIX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Stem
1 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.29
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Summary

NOVONIX beats Stem on 7 of the 13 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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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$273.82M$1.08B$20.85B$8.07B
Dividend YieldN/A1.87%2.70%3.92%
P/E RatioN/A5.39234.1515.07
Price / Sales33.9712.07556.9475.36
Price / CashN/A11.1829.1231.80
Price / Book1.493.736.474.63
Net Income-$46.25M-$13.70M$618.31M$214.00M
7 Day Performance-0.88%-0.43%-0.27%-0.71%
1 Month Performance-6.28%51.94%4.25%3.26%
1 Year Performance-11.46%-5.35%25.89%7.40%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STEM
Stem
3.9372 of 5 stars
$1.37
+13.2%
$4.77
+248.4%
-68.5%$221.46M$461.52M-0.94624Positive News
Gap Down
High Trading Volume
ULBI
Ultralife
1.6512 of 5 stars
$11.45
-7.1%
$13.00
+13.5%
+162.6%$188.58M$158.64M17.89536High Trading Volume
GWH
ESS Tech
2.0495 of 5 stars
$0.80
+5.3%
$2.11
+163.8%
-34.8%$139.92M$7.54M-1.78231Gap Down
ELVA
Electrovaya
2.2811 of 5 stars
$3.19
-9.9%
$11.33
+255.3%
N/A$108.09M$43.37M159.5897Analyst Revision
CBAT
CBAK Energy Technology
0 of 5 stars
$1.18
-1.7%
N/A+48.8%$106.11M$204.44M13.111,456Positive News
DFLI
Dragonfly Energy
2.8214 of 5 stars
$1.23
+3.4%
$2.63
+114.1%
-66.3%$74.12M$64.39M-4.56150Analyst Forecast
Gap Up
SES
SES AI
0.6317 of 5 stars
$1.39
+2.2%
$6.50
+367.6%
-22.5%$496.24MN/A-8.69300News Coverage
Gap Up
IMMR
Immersion
2.5664 of 5 stars
$8.83
+5.1%
$11.00
+24.6%
+37.2%$281.24M$33.92M6.4514Analyst Forecast
PRCH
Porch Group
2.3041 of 5 stars
$2.87
+3.6%
$7.19
+150.4%
+84.0%$280.11M$430.30M-2.52864
RDVT
Red Violet
2.571 of 5 stars
$20.82
-0.9%
$25.00
+20.1%
-11.0%$285.88M$63.09M20.41183Positive News

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This page (NASDAQ:NVX) was last updated on 5/23/2024 by MarketBeat.com Staff

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