NOVONIX (NVX) Competitors $1.43 +0.15 (+11.28%) Closing price 08/22/2025 04:00 PM EasternExtended Trading$1.44 +0.01 (+0.70%) As of 08/22/2025 07:42 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 AnalysisChartCompetitorsHeadlinesOwnershipSEC FilingsShort InterestTrendsBuy This Stock NVX vs. BLDP, NPWR, BYRN, SES, EAF, RONI, NRGV, FREY, ELVA, and ELPWShould you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include Ballard Power Systems (BLDP), NET Power (NPWR), Byrna Technologies (BYRN), SES AI (SES), GrafTech International (EAF), Rice Acquisition Corp. II (RONI), Energy Vault (NRGV), FREYR Battery (FREY), Electrovaya (ELVA), and Elong Power (ELPW). These companies are all part of the "electrical equipment" industry. NOVONIX vs. Its Competitors Ballard Power Systems NET Power Byrna Technologies SES AI GrafTech International Rice Acquisition Corp. II Energy Vault FREYR Battery Electrovaya Elong Power Ballard Power Systems (NASDAQ:BLDP) and NOVONIX (NASDAQ:NVX) are both small-cap electrical equipment companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, media sentiment, earnings, profitability, valuation, analyst recommendations, institutional ownership and risk. Does the media prefer BLDP or NVX? In the previous week, Ballard Power Systems had 9 more articles in the media than NOVONIX. MarketBeat recorded 11 mentions for Ballard Power Systems and 2 mentions for NOVONIX. Ballard Power Systems' average media sentiment score of 0.39 beat NOVONIX's score of -0.23 indicating that Ballard Power Systems is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Ballard Power Systems 1 Very Positive mention(s) 0 Positive mention(s) 3 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Neutral NOVONIX 0 Very Positive mention(s) 0 Positive mention(s) 1 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Neutral Do institutionals and insiders believe in BLDP or NVX? 28.0% of Ballard Power Systems shares are owned by institutional investors. Comparatively, 0.1% of NOVONIX shares are owned by institutional investors. 0.2% of Ballard Power Systems shares are owned by company insiders. Comparatively, 23.7% of NOVONIX shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth. Which has better valuation and earnings, BLDP or NVX? NOVONIX has lower revenue, but higher earnings than Ballard Power Systems. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioBallard Power Systems$69.73M8.64-$324.24M-$0.99-2.03NOVONIX$5.85M39.00-$74.82MN/AN/A Is BLDP or NVX 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 Ballard Power Systems-409.35% -21.52% -18.62% NOVONIX N/A N/A N/A Which has more volatility & risk, BLDP or NVX? Ballard Power Systems has a beta of 1.76, suggesting that its stock price is 76% more volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.61, suggesting that its stock price is 161% more volatile than the S&P 500. Do analysts recommend BLDP or NVX? Ballard Power Systems presently has a consensus target price of $1.51, indicating a potential downside of 24.69%. Given Ballard Power Systems' stronger consensus rating and higher probable upside, analysts plainly believe Ballard Power Systems is more favorable than NOVONIX.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Ballard Power Systems 4 Sell rating(s) 11 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 1.73NOVONIX 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00 SummaryNOVONIX beats Ballard Power Systems on 7 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. Email Address 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$205.02M$8.57B$29.19B$9.61BDividend YieldN/A1.76%3.09%4.10%P/E RatioN/A18.9154.5526.05Price / Sales39.007.161,250.67103.68Price / CashN/A15.4035.2058.48Price / Book1.638.849.606.61Net Income-$74.82M$278.65M$805.43M$265.56M7 Day Performance7.04%0.61%1.59%1.98%1 Month Performance-12.54%-3.96%-0.60%-0.34%1 Year Performance-14.14%1.14%24,034.03%19.01% NOVONIX Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)NVXNOVONIX0.7727 of 5 stars$1.43+11.3%N/A-14.9%$205.02M$5.85M0.00N/ANews CoverageGap UpHigh Trading VolumeBLDPBallard Power Systems1.0977 of 5 stars$1.99-0.5%$1.51-23.9%+9.2%$599.74M$69.73M-2.011,370Analyst RevisionNPWRNET Power3.0022 of 5 stars$2.44+2.5%$4.00+63.9%-69.4%$521.38M$250K-1.0324BYRNByrna Technologies3.2064 of 5 stars$19.40+1.1%$38.75+99.7%+83.6%$435.46M$85.76M31.29150Positive NewsSESSES AI1.9005 of 5 stars$1.13+4.2%$1.50+33.3%+9.5%$394.98M$2.04M-3.63130Gap UpEAFGrafTech International2.1331 of 5 stars$1.23-4.3%$1.63+32.7%+51.1%$330.43M$538.78M-1.491,072News CoverageAnalyst DowngradeStock SplitGap UpRONIRice Acquisition Corp. IIN/A$2.38-4.4%N/A-72.9%$287.39MN/A0.0024News CoverageHigh Trading VolumeNRGVEnergy Vault1.4434 of 5 stars$1.52+2.4%$1.42-6.5%+72.2%$239.55M$46.20M-1.5670News CoveragePositive NewsFREYFREYR Battery2.3449 of 5 stars$1.48+17.5%$4.00+170.3%+21.3%$207.93MN/A-1.95210High Trading VolumeELVAElectrovaya3.1556 of 5 stars$4.81+1.9%$6.13+27.3%+126.9%$189.31M$54.85M160.3997Short Interest ↑ELPWElong PowerN/A$3.44-5.5%N/AN/A$182.20M$1.40M0.00N/ANews CoverageAnalyst Upgrade Related Companies and Tools Related Companies Ballard Power Systems Alternatives NET Power Alternatives Byrna Technologies Alternatives SES AI Alternatives GrafTech International Alternatives Rice Acquisition Corp. II Alternatives Energy Vault Alternatives FREYR Battery Alternatives Electrovaya Alternatives Elong Power Alternatives Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (NASDAQ:NVX) was last updated on 8/23/2025 by MarketBeat.com Staff From Our PartnersBONUS GUIDE - Ben Stein Prepares For the Next Financial CrisisWith inflation high, debt soaring, and global tensions rising, a financial storm may be brewing. Economist ...Goldco Precious Metals | SponsoredGENIUS Act: Cancel Your Money?A new law called the GENIUS Act could quietly trigger the most radical shift in American finance in decades. B...Priority Gold | SponsoredAlex’s “Next Magnificent Seven” stocksThe original “Magnificent Seven” turned $7K into $1.18 million. 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