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NOVONIX (NVX) Competitors

NOVONIX logo
$1.28 +0.12 (+10.34%)
Closing price 05/22/2025 04:00 PM Eastern
Extended Trading
$1.25 -0.03 (-2.66%)
As of 05/22/2025 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.

NVX vs. MVST, BYRN, NPWR, BLDP, SES, AMPX, SLDP, RONI, ELPW, and EAF

Should you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include Microvast (MVST), Byrna Technologies (BYRN), NET Power (NPWR), Ballard Power Systems (BLDP), SES AI (SES), Amprius Technologies (AMPX), Solid Power (SLDP), Rice Acquisition Corp. II (RONI), Elong Power (ELPW), and GrafTech International (EAF). These companies are all part of the "electrical equipment" industry.

NOVONIX vs.

NOVONIX (NASDAQ:NVX) and Microvast (NASDAQ:MVST) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, risk, earnings, profitability, institutional ownership, media sentiment, valuation, dividends and community ranking.

NOVONIX has a beta of 2.71, indicating that its stock price is 171% more volatile than the S&P 500. Comparatively, Microvast has a beta of 2.72, indicating that its stock price is 172% more volatile than the S&P 500.

NOVONIX has a net margin of 0.00% compared to Microvast's net margin of -30.88%. NOVONIX's return on equity of 0.00% beat Microvast's return on equity.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
Microvast -30.88%-22.10%-11.19%

In the previous week, Microvast had 6 more articles in the media than NOVONIX. MarketBeat recorded 7 mentions for Microvast and 1 mentions for NOVONIX. Microvast's average media sentiment score of 0.86 beat NOVONIX's score of 0.00 indicating that Microvast 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)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Microvast
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

NOVONIX has higher earnings, but lower revenue than Microvast.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$5.85M34.77-$46.25MN/AN/A
Microvast$414.94M2.78-$106.34M-$0.43-8.26

Microvast received 12 more outperform votes than NOVONIX when rated by MarketBeat users. However, 100.00% of users gave NOVONIX an outperform vote while only 48.15% of users gave Microvast an outperform vote.

CompanyUnderperformOutperform
NOVONIXOutperform Votes
1
100.00%
Underperform Votes
No Votes
MicrovastOutperform Votes
13
48.15%
Underperform Votes
14
51.85%

0.1% of NOVONIX shares are held by institutional investors. Comparatively, 20.7% of Microvast shares are held by institutional investors. 23.7% of NOVONIX shares are held by company insiders. Comparatively, 29.8% of Microvast shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

NOVONIX presently has a consensus price target of $4.00, indicating a potential upside of 212.50%. Microvast has a consensus price target of $3.00, indicating a potential downside of 15.49%. Given NOVONIX's higher possible upside, equities analysts clearly believe NOVONIX is more favorable than Microvast.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Microvast
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

NOVONIX and Microvast tied by winning 7 of the 14 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 {thisCompany.Symbol} 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

MetricNOVONIXelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ Exchange
Market Cap$203.54M$795.28M$25.06B$8.39B
Dividend YieldN/A2.70%2.89%4.11%
P/E RatioN/A8.9444.3819.71
Price / Sales34.778.642,068.55120.53
Price / CashN/A15.9534.7834.62
Price / Book0.858.276.704.50
Net Income-$46.25M-$70.66M$739.31M$248.22M
7 Day Performance-12.33%-5.86%-0.97%-0.78%
1 Month Performance12.28%7.36%11.46%11.53%
1 Year Performance-41.82%13.86%52,711.79%8.99%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVX
NOVONIX
1.6765 of 5 stars
$1.28
+10.3%
$4.00
+212.5%
-41.3%$203.54M$5.85M0.00N/AGap Down
High Trading Volume
MVST
Microvast
0.9939 of 5 stars
$2.39
+8.6%
$3.00
+25.5%
+799.9%$778.16M$379.80M-6.292,150Analyst Upgrade
Gap Down
BYRN
Byrna Technologies
3.1936 of 5 stars
$23.27
+8.3%
$33.00
+41.8%
+113.2%$527.46M$95.29M43.09150
NPWR
NET Power
2.5911 of 5 stars
$2.09
+9.9%
$4.00
+91.5%
-86.0%$454.63M$250,000.00-3.1224Trending News
BLDP
Ballard Power Systems
2.9602 of 5 stars
$1.40
+3.7%
$2.09
+49.2%
-58.5%$419.77M$70.67M-1.271,370
SES
SES AI
1.7378 of 5 stars
$0.90
+3.7%
$1.25
+38.3%
-22.2%$329.65M$7.83M-3.93130News Coverage
Analyst Forecast
Analyst Revision
AMPX
Amprius Technologies
2.0416 of 5 stars
$2.74
+10.7%
$9.50
+247.3%
+72.9%$322.53M$23.57M-6.0850Gap Down
High Trading Volume
SLDP
Solid Power
0.3687 of 5 stars
$1.43
+10.0%
$1.50
+4.9%
-22.1%$260.25M$20.20M-2.92240
RONI
Rice Acquisition Corp. II
N/A$1.90
-3.6%
N/A-86.6%$229.43MN/A0.0024
ELPW
Elong Power
N/A$4.44
-5.1%
N/AN/A$222.25M$1.40M0.00N/AGap Up
EAF
GrafTech International
1.5376 of 5 stars
$0.82
+4.0%
$1.90
+132.8%
-51.1%$210.62M$514.04M-1.601,350

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This page (NASDAQ:NVX) was last updated on 5/23/2025 by MarketBeat.com Staff
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