Energy Vault (NYSE:NRGV) Shares Gap Up After Analyst Upgrade

Key Points

• Energy Vault shares opened higher, rising from a prior close of $3.53 to $3.93, after Cantor Fitzgerald lifted its price target from $7 to $12 and maintained an “overweight” rating.
• Analyst views remain mixed: the consensus rating is “Hold” with a $6.76 price target, alongside four Buy ratings, one Hold, and two Sell ratings.
• The company reaffirmed its raised 2026 revenue outlook and gave preliminary 2027 guidance; however, quarterly revenue came in below consensus, despite a smaller-than-expected loss per share.

Energy Vault Holdings, Inc. (NYSE:NRGV - Get Free Report)'s stock price gapped up before the market opened on Wednesday after Cantor Fitzgerald raised their price target on the stock from $7.00 to $12.00. The stock had previously closed at $3.53, but opened at $3.93. Cantor Fitzgerald currently has an overweight rating on the stock. Energy Vault shares last traded at $3.7130, with a volume of 1,582,423 shares traded.

Several other brokerages have also recently commented on NRGV. Fundamental Research set a $8.03 target price on shares of Energy Vault and gave the stock a "buy" rating in a report on Tuesday, August 18th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Energy Vault in a research note on Tuesday. Wall Street Zen downgraded Energy Vault from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 15th. Citigroup lowered their price objective on Energy Vault from $6.00 to $4.75 and set a "buy" rating on the stock in a research note on Wednesday, October 21st. Finally, Roth Capital reaffirmed a "buy" rating and issued a $7.00 price objective (up from $5.00) on shares of Energy Vault in a report on Wednesday, August 12th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $6.76.

Insider Buying and Selling at Energy Vault

In other news, Director Dylan Hixon bought 85,518 shares of the company's stock in a transaction on Friday, August 14th. The stock was purchased at an average cost of $3.74 per share, for a total transaction of $319,837.32. Following the completion of the transaction, the director owned 1,103,185 shares of the company's stock, valued at $4,125,911.90. This trade represents a 8.40% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Stephanie Unwin sold 115,000 shares of Energy Vault stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $3.71, for a total transaction of $426,650.00. Following the sale, the director owned 182,245 shares in the company, valued at approximately $676,128.95. This represents a 38.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 17.20% of the stock is currently owned by corporate insiders.

Key Energy Vault News

Here's some of the latest news about NRGV:

• Positive Sentiment: Cantor Fitzgerald raised its price target to $12 from $7 and reiterated an “overweight” rating. The new target implies substantial upside from the cited $3.54 share price. Cantor Fitzgerald recommendations
• Positive Sentiment: Energy Vault affirmed its recently raised 2026 revenue outlook and provided preliminary 2027 guidance. Its reported quarterly loss per share also beat the estimate cited by MarketBeat, although revenue fell short. Energy Vault Q3 results and guidance
• Negative Sentiment: Quarterly revenue was $13.07 million, below the $13.52 million consensus estimate, and coverage reported that the adjusted loss widened year over year. Those results could weigh on sentiment despite the improved full-year outlook. Q3 loss, revenue and outlook report

Hedge Funds Weigh In On Energy Vault

Institutional investors and hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. increased its stake in Energy Vault by 2,435.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 281,014 shares of the company's stock valued at $1,116,000 after purchasing an additional 269,930 shares in the last quarter. Mesirow Financial Investment Management Inc. grew its holdings in shares of Energy Vault by 99.2% during the third quarter. Mesirow Financial Investment Management Inc. now owns 50,000 shares of the company's stock valued at $198,000 after buying an additional 24,900 shares during the last quarter. Pictet Asset Management Holding SA increased its position in shares of Energy Vault by 88.7% during the third quarter. Pictet Asset Management Holding SA now owns 19,494 shares of the company's stock worth $77,000 after acquiring an additional 9,163 shares in the last quarter. Alps Advisors Inc. increased its position in shares of Energy Vault by 9.9% during the third quarter. Alps Advisors Inc. now owns 236,355 shares of the company's stock worth $938,000 after acquiring an additional 21,337 shares in the last quarter. Finally, Covestor Ltd increased its position in shares of Energy Vault by 16.1% during the third quarter. Covestor Ltd now owns 143,237 shares of the company's stock worth $569,000 after acquiring an additional 19,855 shares in the last quarter. Institutional investors own 40.03% of the company's stock.

Energy Vault Stock Up 7.2%

The company has a debt-to-equity ratio of 24.07, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $688.08 million, a price-to-earnings ratio of -5.73 and a beta of 1.33. The stock's fifty day moving average is $3.58 and its two-hundred day moving average is $3.85.

Energy Vault (NYSE:NRGV - Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.03). Energy Vault had a negative return on equity of 236.83% and a negative net margin of 48.58%. The firm had revenue of $17.37 million during the quarter, compared to the consensus estimate of $14.24 million. Sell-side analysts predict that Energy Vault Holdings, Inc. will post -0.56 earnings per share for the current fiscal year.

Energy Vault Company Profile

Energy Vault Holdings, Inc. develops energy storage systems designed to help utilities, power producers and other customers store electricity and deliver it when needed. Its offerings include gravity-based storage systems, which use mechanical processes to store and release energy, as well as battery energy storage systems and hybrid solutions. The company also provides VaultOS, a software platform for monitoring and managing energy storage assets. Its systems are intended to support renewable energy integration, grid stability and other energy management needs.

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