Zacks Research Upgrades NET Power (NYSE:NPWR) to Hold

Key Points

• Zacks Research upgraded NET Power to “Hold”, while analysts remain mixed: the consensus rating is “Hold” with an average price target of $3.25. Northland Securities initiated coverage with an “Outperform” rating and a $2.75 target.
• NET Power reported a quarterly loss of $0.91 per share, substantially missing the $0.07-loss consensus estimate. Analysts expect the company to remain unprofitable, forecasting a $1.14 per-share loss for the current year.
• Shares opened at $1.75 and have declined 2.5%, while a major shareholder sold 507,100 shares; insiders have sold more than 2 million shares worth approximately $3.46 million over the past quarter.

NET Power (NYSE:NPWR - Get Free Report) was upgraded by analysts at Zacks Research to a "hold" rating in a report issued on Tuesday, Zacks reports.

Several other research firms have also issued reports on NPWR. Northland Securities started coverage on shares of NET Power in a report on Monday. They set an "outperform" rating and a $2.75 price target for the company. Weiss Ratings raised shares of NET Power from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Tuesday, September 8th. Finally, Wall Street Zen cut shares of NET Power from a "sell" rating to a "strong sell" rating in a research report on Saturday, July 18th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $3.25.

NET Power Trading Down 2.5%

Shares of NPWR stock opened at $1.75 on Tuesday. The stock has a market cap of $394.63 million, a price-to-earnings ratio of -0.27 and a beta of 1.10. The stock has a 50-day moving average of $1.66 and a 200-day moving average of $1.75. NET Power has a 1-year low of $1.35 and a 1-year high of $5.20.

NET Power (NYSE:NPWR - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.91) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.84). Sell-side analysts forecast that NET Power will post -1.14 earnings per share for the current year.

Insider Activity

In other news, major shareholder 8 Rivers Capital, Llc sold 507,100 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $1.95, for a total transaction of $988,845.00. Following the transaction, the insider owned 1,242,900 shares of the company's stock, valued at $2,423,655. This represents a 28.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders have sold 2,005,858 shares of company stock worth $3,460,668. 2.06% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NPWR. Tidal Investments LLC raised its stake in shares of NET Power by 190.0% during the 2nd quarter. Tidal Investments LLC now owns 1,546,562 shares of the company's stock worth $2,583,000 after purchasing an additional 1,013,309 shares during the period. SIR Capital Management L.P. bought a new position in NET Power during the second quarter valued at about $183,000. Bank of New York Mellon Corp purchased a new stake in NET Power during the second quarter worth about $140,000. Bank of America Corp DE increased its holdings in NET Power by 40.1% during the first quarter. Bank of America Corp DE now owns 35,083 shares of the company's stock worth $55,000 after buying an additional 10,034 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in NET Power by 644.0% in the first quarter. Renaissance Technologies LLC now owns 703,800 shares of the company's stock worth $1,098,000 after acquiring an additional 609,200 shares during the period. Institutional investors own 53.62% of the company's stock.

More NET Power News

Here are the key news stories impacting NET Power this week:

• Positive Sentiment: Northland Securities began coverage of NET Power with an Outperform rating and a $2.75 price target, implying meaningful upside from the stock’s recent level near $1.76. The bullish view likely reflects the company’s long-term potential in carbon-free power generation. Northland Securities Begins Coverage on NET Power
• Neutral Sentiment: Northland projects quarterly losses of approximately $0.05 to $0.07 per share from the third quarter of 2026 through the fourth quarter of 2027. The estimates establish a relatively stable earnings outlook but provide little evidence of near-term profitability.
• Negative Sentiment: The firm forecasts a $1.14 per-share loss for fiscal 2026, followed by losses of $0.25 per share in fiscal 2027 and $0.28 in fiscal 2028. Continued negative earnings and the lack of an expected near-term path to profitability may be weighing on investor sentiment, particularly given NET Power’s recent quarterly loss that substantially exceeded consensus estimates.

NET Power Company Profile

NET Power Inc NYSE: NPWR is a clean-energy technology company focused on producing electricity from natural gas while capturing carbon dioxide emissions. Its technology is designed to generate reliable power with substantially reduced atmospheric emissions compared with conventional natural-gas power plants.

The company's principal technology is the Allam-Fetvedt Cycle, a process that uses high-pressure carbon dioxide as the working fluid in an oxy-combustion power cycle. The process is intended to produce electricity while capturing carbon dioxide in a concentrated form for transportation, storage, or potential industrial use.

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