Fervo Energy (FRVO) Stock Price, News & Analysis

Company Overview

Fervo Energy is a geothermal energy company focused on developing enhanced geothermal systems (EGS), which use horizontal drilling and hydraulic stimulation techniques to access heat in underground rock and produce electricity. Its approach is designed to expand geothermal generation beyond locations with naturally occurring conventional geothermal resources.

The company develops geothermal projects, including Project Red in northern Nevada and the larger Cape Station project in southwestern Utah. Fervo’s activities include subsurface exploration, drilling, reservoir development, power generation and the deployment of geothermal systems intended to provide reliable, around-the-clock carbon-free energy.

Fervo Energy was founded in 2017 and is led by co-founder and Chief Executive Officer Tim Latimer. The company’s projects are located in the western United States, where geothermal resources and existing energy infrastructure support its development strategy. Fervo Energy is generally described as a privately held company; the NASDAQ symbol “FRVO” could not be independently verified.

Key Stats

• Today's Range: $13.56 to $14.10
• 50-Day Range: $13.46 to $25.85
• 52-Week Range: $13.10 to $42.65
• Volume: 5.74 million shs
• Average Volume: 7.37 million shs
• Market Capitalization: $4.12 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $40.87
• Consensus Rating: Moderate Buy

Fervo Energy Stock Analysis - MarketRank™

Fervo Energy scored higher than 72% of companies evaluated by MarketBeat, and ranked 56th out of 96 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Fervo Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.94, and is based on 2 strong buy ratings, 14 buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

Fervo Energy has a consensus price target of $40.87, representing about 192.5% upside from its current price of $13.97.

Amount of Analyst Coverage

Fervo Energy has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Fervo Energy are expected to grow in the coming year, from ($0.54) to ($0.51) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Fervo Energy is -3.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Fervo Energy is -3.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.00% of the float of Fervo Energy has been sold short.

Short Interest Ratio / Days to Cover

Fervo Energy has a short interest ratio ("days to cover") of 1.78, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Fervo Energy has recently increased by 31.11%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Fervo Energy does not currently pay a dividend.

Dividend Growth

Fervo Energy does not have a long track record of dividend growth.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.34

News Sentiment

Fervo Energy has a news sentiment score of 0.34. 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 0.55 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for Fervo Energy this week, compared to 8 articles on an average week.

Search Interest

Only 40 people have searched for FRVO on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.

MarketBeat Follows

51 people have added Fervo Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 82% compared to the previous 30 days.

Company Ownership

• Score: N/A
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Fervo Energy insiders have not sold or bought any company stock.

Percentage Held by Institutions

Fervo Energy has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 8/12/2026
• Today: 10/07/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Independent Power & Renewable Electricity Producers
• Sub-Industry: Renewable Electricity
• Current Symbol: NASDAQ:FRVO
• CIK: 1853868
• Web: fervoenergy.com
• Phone: 713-965-4291
• Fax: N/A
• Employees: 261
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Fervo Energy: $40.87
• High Price Target: $51.00
• Low Price Target: $27.00
• Potential Upside/Downside: +192.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.94
• Research Coverage: 18 Analysts

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: 0.08
• Current Ratio: 8.62
• Quick Ratio: 8.62

Sales & Book Value

• Annual Sales: $140 thousand
• Price / Sales: 29,412.84
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 294,760,000
• Free Float: N/A
• Market Cap: $4.12 billion
• Optionable: N/A
• Beta: N/A