Should I buy or sell NeoVolta stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NeoVolta in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NEOV shares. View NEOV analyst ratings or view top-rated stocks .

What is NeoVolta's stock price target for 2024?

1 brokerages have issued 12-month price targets for NeoVolta's shares. Their NEOV share price targets range from $5.00 to $5.00. On average, they anticipate the company's share price to reach $5.00 in the next year. This suggests a possible upside of 163.2% from the stock's current price. View analysts price targets for NEOV or view top-rated stocks among Wall Street analysts .

How have NEOV shares performed in 2023?

NeoVolta's stock was trading at $2.79 at the start of the year. Since then, NEOV stock has decreased by 31.9% and is now trading at $1.90. View the best growth stocks for 2023 here .

When is NeoVolta's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 9th 2024. View our NEOV earnings forecast .

How were NeoVolta's earnings last quarter?

NeoVolta Inc. (NASDAQ:NEOV) posted its quarterly earnings results on Monday, November, 13th. The company reported ($0.01) earnings per share for the quarter. The firm earned $0.76 million during the quarter. NeoVolta had a negative trailing twelve-month return on equity of 35.83% and a negative net margin of 88.40%.

When did NeoVolta IPO?

(NEOV) raised $4 million in an IPO on Thursday, July 28th 2022. The company issued 1,000,000 shares at $4.00 per share. Maxim Group served as the underwriter for the IPO.

Who are NeoVolta's major shareholders?

NeoVolta's stock is owned by many different institutional and retail investors. Top institutional investors include BIP Wealth LLC (0.60%).

How do I buy shares of NeoVolta?

Shares of NEOV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

NeoVolta Stock Price, News & Analysis (NASDAQ:NEOV)

$1.82

+0.03 (+1.39%)

(As of 01:33 PM ET)

Compare

Today's Range: $1.76
▼
$1.90
50-Day Range: $1.78
▼
$2.78
52-Week Range: $1.11
▼
$4.40

Volume: 2,602 shs
Average Volume: 63,614 shs
Market Capitalization: $60.66 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.00

NeoVolta MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 163.2% Upside
$5.00 Price Target
Short Interest: Healthy
0.82% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Oils/Energy Sector

149th out of 233 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

13th out of 28 stocks

3.5

Analyst's Opinion

Consensus Rating
NeoVolta has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.00, NeoVolta has a forecasted upside of 163.2% from its current price of $1.90.
Amount of Analyst Coverage
NeoVolta has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.82% of the float of NeoVolta has been sold short.
Short Interest Ratio / Days to Cover
NeoVolta has a short interest ratio ("days to cover") of 4.9.
Change versus previous month
Short interest in NeoVolta has recently decreased by 13.88%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
NeoVolta does not currently pay a dividend.
Dividend Growth
NeoVolta does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NEOV.

3.3

News and Social Media Coverage

News Sentiment
NeoVolta has a news sentiment score of 1.87. 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 higher news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for NeoVolta this week, compared to 0 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NeoVolta insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.00% of the stock of NeoVolta is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 4.25% of the stock of NeoVolta is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of NeoVolta is -27.14, 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 NeoVolta is -27.14, 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
NeoVolta has a P/B Ratio of 10.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About NeoVolta Stock (NASDAQ:NEOV)

NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was formed in 2018 and is headquartered in Poway, California.

NEOV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NEOV Stock News Headlines

November 17, 2023 | finance.yahoo.com

Market Sentiment Around Loss-Making NeoVolta Inc. (NASDAQ:NEOV)

November 13, 2023 | finance.yahoo.com

NeoVolta Reports Q4 Sales Surge As Popular NV14 Home Solar Energy Storage Battery Shows Near Six-Figure Gross Revenues Over Last Six Weeks

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

November 9, 2023 | finance.yahoo.com

NeoVolta Expands its Emerging Presence Across America by Adding $520,000 Purchase Order for Residential Solar Battery Storage in New Mexico

October 23, 2023 | finance.yahoo.com

NeoVolta Inc. (NEOV) Stock Historical Prices & Data - Yahoo Finance

October 16, 2023 | msn.com

Momentus, Sky Harbour, ShiftPixy, Nikola Corp. among industrial movers

September 26, 2023 | markets.businessinsider.com

Maxim Group Analyst Reaffirms ‘Buy’ Rating for NeoVolta: Anticipates Triple-Digit Revenue Growth Despite Q4 Revenue Shortfall

September 12, 2023 | finance.yahoo.com

NeoVolta Partners with Mosaic for Solar Battery Storage Financing Options, Fast-Tracks Technology on Anticipation of Growing Power Outage Concerns

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

August 3, 2023 | finance.yahoo.com

NeoVolta (NASDAQ:NEOV) shareholders are up 18% this past week, but still in the red over the last year

July 25, 2023 | finance.yahoo.com

Neovolta (NEOV) Energy Storage Systems (ESS) Withstand Record-Setting Heat in Southwest United States as Homeowners Brace for Potential Heat-Related Power Disruptions

July 7, 2023 | finance.yahoo.com

We're Hopeful That NeoVolta (NASDAQ:NEOV) Will Use Its Cash Wisely

June 13, 2023 | finance.yahoo.com

NeoVolta, Solar Battery Manufacturer, Slated to Join Russell Microcap® Index

June 10, 2023 | finance.yahoo.com

When Will NeoVolta Inc. (NASDAQ:NEOV) Turn A Profit?

June 6, 2023 | finance.yahoo.com

U.S. Power Grid Reliability Is At Risk This Summer, Highlighting the Need for NeoVolta Battery Backup

May 20, 2023 | markets.businessinsider.com

Maxim Group Reaffirms Their Buy Rating on NeoVolta (NEOV)

May 14, 2023 | uk.finance.yahoo.com

NeoVolta Third Quarter 2023 Earnings: Beats Expectations

May 9, 2023 | finance.yahoo.com

NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages

May 4, 2023 | msn.com

NeoVolta approved for partnership by GoodLeap

May 4, 2023 | finance.yahoo.com

NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech

April 10, 2023 | marketwatch.com

Residential Backup Power Market Size 2023 , Latest Trends, Growth Drivers, Industry Analysis by Top Companies and Forecast 2029

February 28, 2023 | finance.yahoo.com

NeoVolta NV14 Recognized by Solar Power World as a Top Solar Storage Product of 2022

February 6, 2023 | yahoo.com

Shareholders in NeoVolta (NASDAQ:NEOV) are in the red if they invested a year ago

February 2, 2023 | barrons.com

NeoVolta Inc.

January 26, 2023 | finance.yahoo.com

NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage

December 27, 2022 | nz.finance.yahoo.com

Here's Why We're Not Too Worried About NeoVolta's (NASDAQ:NEOV) Cash Burn Situation

See More Headlines

Receive NEOV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for NeoVolta and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/13/2023
Today: 11/29/2023
Next Earnings (Estimated): 2/09/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:NEOV
CUSIP: N/A
CIK: 1748137
Web: www.neovolta.com
Phone: 800-364-5464
Fax: N/A
Employees: 7
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.00
High Stock Price Target: $5.00
Low Stock Price Target: $5.00
Potential Upside/Downside: +177.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.07)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-2,640,000.00
Net Margins: -88.40%
Pretax Margin: -88.37%
Return on Equity: -35.83%
Return on Assets: -35.53%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 125.00
Quick Ratio: 79.90

Sales & Book Value

Annual Sales: $3.46 million
Price / Sales: 17.29
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.18 per share
Price / Book: 10.00

Miscellaneous

Outstanding Shares: 33,240,000
Free Float: 28,251,000
Market Cap: $59.83 million
Optionable: Not Optionable
Beta: -1.02

A Guide To High-Short-Interest Stocks

MarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Colonel Brent S. Willson (Age 58)
CEO, President & Director
Comp: $165k
Mr. Steve Bond (Age 48)
CFO & Director
Comp: $125k

Key Competitors

View All Competitors

Institutional Ownership

BIP Wealth LLC
Bought 200,214 shares on 11/9/2023
Ownership: 0.602%

View All Institutional Transactions

NEOV Stock Analysis - Frequently Asked Questions

Should I buy or sell NeoVolta stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NeoVolta in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NEOV shares.
View NEOV analyst ratings or view top-rated stocks.
What is NeoVolta's stock price target for 2024?: 1 brokerages have issued 12-month price targets for NeoVolta's shares. Their NEOV share price targets range from $5.00 to $5.00. On average, they anticipate the company's share price to reach $5.00 in the next year. This suggests a possible upside of 163.2% from the stock's current price.
View analysts price targets for NEOV or view top-rated stocks among Wall Street analysts.
How have NEOV shares performed in 2023?: NeoVolta's stock was trading at $2.79 at the start of the year. Since then, NEOV stock has decreased by 31.9% and is now trading at $1.90.
View the best growth stocks for 2023 here.
When is NeoVolta's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, February 9th 2024.
View our NEOV earnings forecast.

How were NeoVolta's earnings last quarter?: NeoVolta Inc. (NASDAQ:NEOV) posted its quarterly earnings results on Monday, November, 13th. The company reported ($0.01) earnings per share for the quarter. The firm earned $0.76 million during the quarter. NeoVolta had a negative trailing twelve-month return on equity of 35.83% and a negative net margin of 88.40%.
When did NeoVolta IPO?: (NEOV) raised $4 million in an IPO on Thursday, July 28th 2022. The company issued 1,000,000 shares at $4.00 per share. Maxim Group served as the underwriter for the IPO.
Who are NeoVolta's major shareholders?: NeoVolta's stock is owned by many different institutional and retail investors. Top institutional investors include BIP Wealth LLC (0.60%).
How do I buy shares of NeoVolta?: Shares of NEOV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:NEOV) was last updated on 11/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial