Fervo Energy (FRVO) Stock Price, News & Analysis

Company Overview

Fervo Energy is a geothermal energy company that develops projects to produce electricity and provide energy storage. It applies drilling and subsurface technologies, including horizontal wells and fiber-optic sensing, to access geothermal resources and make them available in more locations.

Founded in 2017 and headquartered in Houston, Texas, Fervo has focused on projects in the western United States. Its developments include Project Red in Nevada and Cape Station in Utah, which is planned as a large-scale geothermal power project.

Fervo was co-founded by Tim Latimer, its chief executive officer, and Jack Norbeck. The company works with energy buyers and other partners to advance geothermal power as a source of dependable, low-carbon electricity.

Key Stats

• Today's Range: $10.97 to $11.99
• 50-Day Range: $7.79 to $18.90
• 52-Week Range: $7.64 to $42.65
• Volume: 6.60 million shs
• Average Volume: 5.89 million shs
• Market Capitalization: $3.40 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $36.06
• Consensus Rating: Moderate Buy

Fervo Energy Stock Analysis - MarketRank™

Fervo Energy scored higher than 78% of companies evaluated by MarketBeat, and ranked 46th out of 97 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 2.95, and is based on 2 strong buy ratings, 15 buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

Fervo Energy has a consensus price target of $36.06, representing about 214.6% upside from its current price of $11.46.

Amount of Analyst Coverage

Fervo Energy has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Fervo Energy are expected to decrease in the coming year, from ($0.49) to ($0.54) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Fervo Energy is -2.80, 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 -2.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Fervo Energy has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.58% 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 2.32, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Fervo Energy has recently decreased by 17.84%, indicating that investor sentiment is improving 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: 2.9 / 5
• News Sentiment: 0.58

News Sentiment

Fervo Energy has a news sentiment score of 0.58. 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 news sentiment score is similar to the average news sentiment of Utilities companies.

News Coverage This Week

MarketBeat has tracked 55 news articles for Fervo Energy this week, compared to 10 articles on an average week.

Search Interest

Only 30 people have searched for FRVO on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.

MarketBeat Follows

58 people have added Fervo Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 35% 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: 11/09/2026
• Today: 11/13/2026
• 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: $36.06
• High Price Target: $51.00
• Low Price Target: $17.00
• Potential Upside/Downside: +214.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.95
• Research Coverage: 19 Analysts

Profitability

• EPS (Trailing Twelve Months): ($4.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$70.51 million
• Net Margins: -39,751.47%
• Pretax Margin: -34,158.98%
• Return on Equity: -10.73%
• Return on Assets: -5.45%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 7.94
• Quick Ratio: 8.62

Sales & Book Value

• Annual Sales: $312 thousand
• Price / Sales: 10,826.87
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $9.47 per share
• Price / Book: 1.21

Miscellaneous

• Outstanding Shares: 294,763,000
• Free Float: N/A
• Market Cap: $3.38 billion
• Optionable: Optionable
• Beta: N/A