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NOVONIX (NVX) Competitors

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$1.62 +0.30 (+22.73%)
Closing price 10/3/2025 04:00 PM Eastern
Extended Trading
$1.68 +0.06 (+4.01%)
As of 10/3/2025 07:59 PM Eastern
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NVX vs. SES, SLDP, NPWR, NRGV, BYRN, RONI, EAF, FREY, ELVA, and NEOV

Should you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include SES AI (SES), Solid Power (SLDP), NET Power (NPWR), Energy Vault (NRGV), Byrna Technologies (BYRN), Rice Acquisition Corp. II (RONI), GrafTech International (EAF), FREYR Battery (FREY), Electrovaya (ELVA), and NeoVolta (NEOV). These companies are all part of the "electrical equipment" industry.

NOVONIX vs. Its Competitors

NOVONIX (NASDAQ:NVX) and SES AI (NYSE:SES) are both small-cap electrical equipment companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, valuation, dividends, profitability, earnings, analyst recommendations and risk.

NOVONIX has higher revenue and earnings than SES AI.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$5.85M46.08-$74.82MN/AN/A
SES AI$2.04M370.20-$100.18M-$0.31-6.66

0.1% of NOVONIX shares are held by institutional investors. Comparatively, 29.8% of SES AI shares are held by institutional investors. 23.7% of NOVONIX shares are held by insiders. Comparatively, 13.8% of SES AI shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

In the previous week, SES AI had 2 more articles in the media than NOVONIX. MarketBeat recorded 6 mentions for SES AI and 4 mentions for NOVONIX. SES AI's average media sentiment score of 0.61 beat NOVONIX's score of 0.23 indicating that SES AI is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NOVONIX
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
SES AI
2 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

NOVONIX has a beta of 2.59, meaning that its stock price is 159% more volatile than the S&P 500. Comparatively, SES AI has a beta of 0.5, meaning that its stock price is 50% less volatile than the S&P 500.

NOVONIX's return on equity of 0.00% beat SES AI's return on equity.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
SES AI N/A -36.08%-31.29%

SES AI has a consensus price target of $2.00, suggesting a potential downside of 3.15%. Given SES AI's stronger consensus rating and higher probable upside, analysts plainly believe SES AI 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)
1.00
SES AI
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

SES AI beats NOVONIX on 7 of the 13 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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.
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NVX vs. The Competition

MetricNOVONIXELEC PRODS IndustryComputer SectorNASDAQ Exchange
Market Cap$219.64M$10.25B$32.46B$10.56B
Dividend YieldN/A1.65%3.18%4.70%
P/E RatioN/A21.85446.8526.71
Price / Sales46.0871.17181,360.76178.61
Price / CashN/A17.7937.6061.25
Price / Book1.845.967.416.56
Net Income-$74.82M$283.48M$816.64M$277.70M
7 Day Performance32.79%9.08%3.29%2.41%
1 Month Performance26.56%24.27%10.69%9.30%
1 Year Performance-20.98%13.30%23,991.25%31.22%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVX
NOVONIX
0.6031 of 5 stars
$1.62
+22.7%
N/A-15.6%$219.64M$5.85M0.00N/AHigh Trading Volume
SES
SES AI
1.2627 of 5 stars
$1.74
-6.7%
$2.00
+15.3%
+247.1%$680.24M$2.04M-5.60130News Coverage
SLDP
Solid Power
0.596 of 5 stars
$3.52
-5.6%
$4.00
+13.6%
+242.9%$676.19M$20.72M-6.77240
NPWR
NET Power
1.6272 of 5 stars
$3.17
+4.6%
$4.00
+26.2%
-51.1%$664.25M$250K-1.3424
NRGV
Energy Vault
1.1585 of 5 stars
$3.00
-1.2%
$1.42
-52.7%
+259.8%$490.42M$46.20M-3.0970
BYRN
Byrna Technologies
3.4271 of 5 stars
$21.69
+3.7%
$38.75
+78.7%
+30.5%$474.74M$85.76M34.98150News Coverage
Upcoming Earnings
Analyst Upgrade
RONI
Rice Acquisition Corp. II
N/A$3.03
-0.7%
N/A-54.7%$365.88MN/A0.0024High Trading Volume
EAF
GrafTech International
1.7288 of 5 stars
$13.16
-4.9%
$16.25
+23.5%
-9.7%$357.02M$538.78M-1.601,072News Coverage
FREY
FREYR Battery
1.7488 of 5 stars
$2.20
-3.1%
$4.00
+81.8%
+144.8%$309.08MN/A-2.89210
ELVA
Electrovaya
2.8911 of 5 stars
$6.14
+0.8%
$6.50
+5.9%
+171.1%$244.25M$44.62M204.7397
NEOV
NeoVolta
1.1568 of 5 stars
$4.55
+0.9%
$7.50
+64.8%
+47.6%$153.90M$4.26M-37.915Earnings Report
Analyst Forecast

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This page (NASDAQ:NVX) was last updated on 10/4/2025 by MarketBeat.com Staff
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