NOVONIX (NVX) Competitors $2.82 -0.12 (-4.08%) Closing price 04:00 PM EasternExtended Trading$2.98 +0.16 (+5.50%) As of 08:00 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesOwnershipSEC FilingsShort InterestTrendsBuy This Stock NVX vs. BLDP, SLDP, SES, NPWR, NRGV, BYRN, RONI, FREY, EAF, and ELVAShould you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include Ballard Power Systems (BLDP), Solid Power (SLDP), SES AI (SES), NET Power (NPWR), Energy Vault (NRGV), Byrna Technologies (BYRN), Rice Acquisition Corp. II (RONI), FREYR Battery (FREY), GrafTech International (EAF), and Electrovaya (ELVA). These companies are all part of the "electrical equipment" industry. NOVONIX vs. Its Competitors Ballard Power Systems Solid Power SES AI NET Power Energy Vault Byrna Technologies Rice Acquisition Corp. II FREYR Battery GrafTech International Electrovaya NOVONIX (NASDAQ:NVX) and Ballard Power Systems (NASDAQ:BLDP) are both small-cap electrical equipment companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, dividends, earnings, valuation, institutional ownership, risk, profitability and analyst recommendations. Which has more risk and volatility, NVX or BLDP? NOVONIX has a beta of 2.59, meaning that its stock price is 159% more volatile than the S&P 500. Comparatively, Ballard Power Systems has a beta of 1.8, meaning that its stock price is 80% more volatile than the S&P 500. Does the media favor NVX or BLDP? In the previous week, NOVONIX had 1 more articles in the media than Ballard Power Systems. MarketBeat recorded 9 mentions for NOVONIX and 8 mentions for Ballard Power Systems. NOVONIX's average media sentiment score of 0.63 beat Ballard Power Systems' score of 0.46 indicating that NOVONIX is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment NOVONIX 2 Very Positive mention(s) 2 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Ballard Power Systems 0 Very Positive mention(s) 2 Positive mention(s) 3 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Neutral Do institutionals and insiders believe in NVX or BLDP? 0.1% of NOVONIX shares are owned by institutional investors. Comparatively, 28.0% of Ballard Power Systems shares are owned by institutional investors. 23.7% of NOVONIX shares are owned by company insiders. Comparatively, 0.2% of Ballard Power Systems shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth. Do analysts recommend NVX or BLDP? Ballard Power Systems has a consensus target price of $1.81, indicating a potential downside of 48.03%. Given Ballard Power Systems' stronger consensus rating and higher possible upside, analysts plainly believe Ballard Power Systems is more favorable than NOVONIX.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score NOVONIX 1 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 1.00Ballard Power Systems 5 Sell rating(s) 10 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 1.67 Which has stronger earnings and valuation, NVX or BLDP? NOVONIX has higher earnings, but lower revenue than Ballard Power Systems. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioNOVONIX$5.85M81.52-$74.82MN/AN/ABallard Power Systems$69.73M15.04-$324.24M-$0.99-3.53 Is NVX or BLDP more profitable? NOVONIX has a net margin of 0.00% compared to Ballard Power Systems' net margin of -409.35%. NOVONIX's return on equity of 0.00% beat Ballard Power Systems' return on equity.Company Net Margins Return on Equity Return on Assets NOVONIXN/A N/A N/A Ballard Power Systems -409.35%-21.52%-18.62% SummaryNOVONIX beats Ballard Power Systems on 9 of the 13 factors compared between the two stocks. Get NOVONIX News Delivered to You Automatically Sign up to receive the latest news and ratings for NVX and its competitors with MarketBeat's FREE daily newsletter. Subscribe Now View SMS TermsBy entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding NVX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.Skip Chart NVX vs. The Competition Export to ExcelMetricNOVONIXELEC PRODS IndustryComputer SectorNASDAQ ExchangeMarket Cap$497.23M$9.62B$31.92B$10.30BDividend YieldN/A1.63%3.23%4.82%P/E RatioN/A22.74494.8027.10Price / Sales81.52125.301,646.63133.29Price / CashN/A17.2434.3030.18Price / Book3.206.367.656.69Net Income-$74.82M$283.48M$819.71M$276.55M7 Day Performance56.67%14.55%-0.63%-1.14%1 Month Performance123.81%44.69%6.94%6.50%1 Year Performance22.61%27.17%24,211.04%33.95% NOVONIX Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)NVXNOVONIX0.6529 of 5 stars$2.82-4.1%N/A+27.8%$497.23M$5.85M0.00N/AGap UpHigh Trading VolumeBLDPBallard Power Systems0.9716 of 5 stars$3.65+3.4%$1.51-58.5%+93.5%$1.06B$69.73M-3.691,370News CoverageAnalyst ForecastGap UpHigh Trading VolumeSLDPSolid Power0.4927 of 5 stars$5.77+33.6%$4.00-30.7%+354.3%$783.15M$20.14M-11.10240Gap UpHigh Trading VolumeSESSES AI1.1643 of 5 stars$2.44+18.2%$2.00-17.9%+383.8%$753.39M$2.04M-7.85130Gap UpHigh Trading VolumeNPWRNET Power0.8297 of 5 stars$3.76+11.2%$4.00+6.4%-45.7%$740.97M$12K-1.5924Gap UpHigh Trading VolumeNRGVEnergy Vault1.3219 of 5 stars$3.29-1.5%$1.42-56.9%+203.2%$540.60M$46.20M-3.3970BYRNByrna Technologies3.4082 of 5 stars$23.13+2.3%$38.75+67.5%+88.8%$513.11M$85.76M37.31150Earnings ReportAnalyst ForecastRONIRice Acquisition Corp. IIN/A$3.38+8.3%N/A-45.5%$408.15MN/A0.0024Gap UpHigh Trading VolumeFREYFREYR Battery1.371 of 5 stars$2.53+7.2%$4.00+58.1%+256.9%$355.44MN/A-3.33210Gap UpEAFGrafTech International0.8631 of 5 stars$15.26+14.7%$16.25+6.5%+21.6%$343.34M$508.55M-1.861,072Gap UpELVAElectrovaya2.3231 of 5 stars$6.74+9.1%$6.50-3.6%+188.1%$247.86M$54.85M224.7497High Trading Volume Related Companies and Tools Related Companies Ballard Power Systems Alternatives Solid Power Alternatives SES AI Alternatives NET Power Alternatives Energy Vault Alternatives Byrna Technologies Alternatives Rice Acquisition Corp. 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