Roth Capital Estimates Energy Vault FY2027 Earnings

Key Points

• Roth Capital projects Energy Vault will report earnings of ($0.25) per share for FY2027, an improvement from the current estimate of ($0.64).
• Energy Vault's stock ratings are mixed, with two analysts advising a Buy and two a Sell, resulting in a consensus rating of "Hold" and an average price target of $1.67.
• Insider trading activities include Director Dylan Hixon purchasing 20,000 shares at $1.92 each, while insider Akshay Ladwa sold 75,000 shares at $3.11, indicating mixed sentiment among insiders.

Energy Vault Holdings, Inc. (NYSE:NRGV - Free Report) - Roth Capital issued their FY2027 earnings per share estimates for shares of Energy Vault in a note issued to investors on Monday, October 13th. Roth Capital analyst J. Clare forecasts that the company will earn ($0.25) per share for the year. The consensus estimate for Energy Vault's current full-year earnings is ($0.64) per share. Roth Capital also issued estimates for Energy Vault's FY2028 earnings at ($0.11) EPS and FY2029 earnings at $0.02 EPS.

A number of other equities research analysts also recently weighed in on the company. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Energy Vault in a research report on Saturday, September 27th. The Goldman Sachs Group raised their price objective on Energy Vault from $0.50 to $1.50 and gave the stock a "sell" rating in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $1.67.

Energy Vault Price Performance

NRGV opened at $3.76 on Tuesday. Energy Vault has a 12-month low of $0.60 and a 12-month high of $3.79. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.11. The business's fifty day simple moving average is $2.28 and its 200-day simple moving average is $1.35. The company has a market capitalization of $607.77 million, a price-to-earnings ratio of -3.87 and a beta of 0.93.

Energy Vault (NYSE:NRGV - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported ($0.22) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.15). Energy Vault had a negative return on equity of 96.64% and a negative net margin of 279.38%.The business had revenue of $8.51 million during the quarter, compared to analysts' expectations of $31.18 million. Energy Vault has set its FY 2025 guidance at EPS.

Hedge Funds Weigh In On Energy Vault

Several hedge funds and other institutional investors have recently made changes to their positions in NRGV. Private Capital Advisors Inc. raised its stake in Energy Vault by 766.1% during the 1st quarter. Private Capital Advisors Inc. now owns 487,260 shares of the company's stock valued at $339,000 after purchasing an additional 431,000 shares during the period. Nuveen LLC acquired a new position in Energy Vault during the first quarter worth $190,000. Goldman Sachs Group Inc. boosted its holdings in Energy Vault by 4.2% during the first quarter. Goldman Sachs Group Inc. now owns 398,476 shares of the company's stock valued at $277,000 after acquiring an additional 16,101 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Energy Vault by 201.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 177,395 shares of the company's stock valued at $125,000 after buying an additional 118,641 shares during the period. Finally, Jane Street Group LLC raised its position in Energy Vault by 613.7% in the first quarter. Jane Street Group LLC now owns 139,129 shares of the company's stock worth $97,000 after purchasing an additional 119,636 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Energy Vault

In other news, Director Dylan Hixon bought 20,000 shares of the business's stock in a transaction that occurred on Friday, August 29th. The shares were acquired at an average cost of $1.92 per share, with a total value of $38,400.00. Following the transaction, the director owned 900,065 shares of the company's stock, valued at $1,728,124.80. This represents a 2.27% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Akshay Ladwa sold 75,000 shares of the firm's stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $3.11, for a total value of $233,250.00. Following the completion of the transaction, the insider directly owned 1,934,582 shares in the company, valued at $6,016,550.02. This trade represents a 3.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders bought 132,400 shares of company stock valued at $288,130 and sold 266,024 shares valued at $637,479. Corporate insiders own 15.40% of the company's stock.

Energy Vault Company Profile

Energy Vault Holdings, Inc develops and sells energy storage solutions. The company offers B-Vault, an electrochemical battery energy storage systems for shorter-duration energy storage needs; G-Vault, a proprietary gravity energy storage solution, including EVx solution; and H-Vault, a hybrid energy storage systems including systems that integrate green hydrogen.

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