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NOVONIX (NVX) Competitors

NOVONIX logo
$1.19 +0.08 (+7.21%)
As of 04:00 PM Eastern

NVX vs. BYRN, NPWR, BLDP, AMPX, SES, RONI, EAF, SLDP, FREY, and GAUZ

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

NOVONIX vs. Its Competitors

Byrna Technologies (NASDAQ:BYRN) and NOVONIX (NASDAQ:NVX) are both small-cap business services companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, valuation, profitability, analyst recommendations, dividends, media sentiment, institutional ownership, community ranking and risk.

Byrna Technologies received 16 more outperform votes than NOVONIX when rated by MarketBeat users. However, 100.00% of users gave NOVONIX an outperform vote while only 77.27% of users gave Byrna Technologies an outperform vote.

CompanyUnderperformOutperform
Byrna TechnologiesOutperform Votes
17
77.27%
Underperform Votes
5
22.73%
NOVONIXOutperform Votes
1
100.00%
Underperform Votes
No Votes

In the previous week, Byrna Technologies had 12 more articles in the media than NOVONIX. MarketBeat recorded 13 mentions for Byrna Technologies and 1 mentions for NOVONIX. NOVONIX's average media sentiment score of 1.44 beat Byrna Technologies' score of 0.93 indicating that NOVONIX is being referred to more favorably in the news media.

Company Overall Sentiment
Byrna Technologies Positive
NOVONIX Positive

Byrna Technologies has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Byrna Technologies$95.29M7.51$12.79M$0.6151.75
NOVONIX$5.85M32.32-$46.25MN/AN/A

Byrna Technologies has a beta of 2.11, suggesting that its stock price is 111% more volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.66, suggesting that its stock price is 166% more volatile than the S&P 500.

Byrna Technologies presently has a consensus target price of $36.00, suggesting a potential upside of 14.03%. Given Byrna Technologies' stronger consensus rating and higher possible upside, equities research analysts plainly believe Byrna Technologies is more favorable than NOVONIX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Byrna Technologies
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
3.50
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Byrna Technologies has a net margin of 14.92% compared to NOVONIX's net margin of 0.00%. Byrna Technologies' return on equity of 15.39% beat NOVONIX's return on equity.

Company Net Margins Return on Equity Return on Assets
Byrna Technologies14.92% 15.39% 11.90%
NOVONIX N/A N/A N/A

25.5% of Byrna Technologies shares are owned by institutional investors. Comparatively, 0.1% of NOVONIX shares are owned by institutional investors. 11.1% of Byrna Technologies 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.

Summary

Byrna Technologies beats NOVONIX on 12 of the 17 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

MetricNOVONIXelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ Exchange
Market Cap$189.24M$829.11M$26.26B$8.62B
Dividend YieldN/A2.93%2.85%4.18%
P/E RatioN/A9.9745.1219.96
Price / Sales32.328.551,970.82157.63
Price / CashN/A15.9534.7434.64
Price / Book0.798.006.974.69
Net Income-$46.25M-$70.66M$740.66M$248.14M
7 Day Performance5.31%3.67%2.04%2.39%
1 Month Performance-14.05%8.83%4.32%6.05%
1 Year Performance-33.89%11.20%52,595.52%13.60%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVX
NOVONIX
1.4038 of 5 stars
$1.19
+7.2%
N/A-39.0%$189.24M$5.85M0.00N/APositive News
BYRN
Byrna Technologies
2.4781 of 5 stars
$27.30
+2.4%
$33.00
+20.9%
+160.4%$618.81M$95.29M50.56150Analyst Revision
NPWR
NET Power
2.6721 of 5 stars
$2.19
+2.9%
$4.00
+82.5%
-74.6%$466.61M$250K-1.0624Trending News
Short Interest ↑
High Trading Volume
BLDP
Ballard Power Systems
1.7649 of 5 stars
$1.28
-0.8%
$2.09
+63.2%
-39.6%$383.79M$70.67M-1.161,370News Coverage
Analyst Revision
AMPX
Amprius Technologies
2.6887 of 5 stars
$2.64
-2.0%
$9.50
+260.5%
+156.9%$310.74M$32.52M-5.8650Positive News
Analyst Revision
SES
SES AI
2.491 of 5 stars
$0.83
-9.2%
$1.50
+81.8%
-22.7%$302.65M$7.83M-3.59130News Coverage
Analyst Revision
RONI
Rice Acquisition Corp. II
N/A$2.13
-7.4%
N/A-74.3%$257.20MN/A0.0024High Trading Volume
EAF
GrafTech International
1.6583 of 5 stars
$1.01
+0.9%
$1.63
+61.7%
-4.7%$257.13M$514.04M-1.971,350Gap Up
SLDP
Solid Power
0.7559 of 5 stars
$1.42
-9.0%
$1.50
+5.6%
+8.1%$254.69M$20.20M-2.90240Positive News
Gap Up
FREY
FREYR Battery
2.8214 of 5 stars
$1.09
-2.7%
$4.00
+267.0%
-26.6%$153.13MN/A-1.43210Gap Down
GAUZ
Gauzy
2.9762 of 5 stars
$7.90
-3.8%
$13.50
+70.9%
N/A$150.53M$101.17M-1.94N/A

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This page (NASDAQ:NVX) was last updated on 6/12/2025 by MarketBeat.com Staff
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