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NOVONIX (NVX) Competitors

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$2.98 +0.07 (+2.41%)
Closing price 09/11/2026 03:59 PM Eastern
Extended Trading
$2.96 -0.02 (-0.64%)
As of 09/11/2026 07:30 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 Massive. Learn more.

NVX vs. MVST, CHPT, NEOV, SES, and SKYX

Should you buy NOVONIX stock or one of its competitors? NOVONIX's main competitors and comparable companies include Microvast (MVST), ChargePoint (CHPT), NeoVolta (NEOV), SES AI (SES), and SKYX Platforms (SKYX). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electrical components & equipment" industry.

How does NOVONIX compare to Microvast?

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

Microvast has a net margin of 13.95% compared to NOVONIX's net margin of 0.00%. NOVONIX's return on equity of 0.00% beat Microvast's return on equity.

Company Net Margins Return on Equity Return on Assets
Microvast13.95% -10.34% -4.64%
NOVONIX N/A N/A N/A

20.7% of Microvast shares are held by institutional investors. Comparatively, 0.1% of NOVONIX shares are held by institutional investors. 44.8% of Microvast shares are held by insiders. Comparatively, 23.7% of NOVONIX shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Microvast has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Microvast$427.52M0.54-$29.22M-$0.02N/A
NOVONIX$5.62M13.22-$92.72MN/AN/A

In the previous week, Microvast had 14 more articles in the media than NOVONIX. MarketBeat recorded 21 mentions for Microvast and 7 mentions for NOVONIX. NOVONIX's average media sentiment score of 1.14 beat Microvast's score of 0.01 indicating that NOVONIX is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Microvast
0 Very Positive mention(s)
0 Positive mention(s)
20 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
NOVONIX
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Microvast presently has a consensus target price of $4.00, indicating a potential upside of 569.46%. Given Microvast's stronger consensus rating and higher possible upside, equities research analysts plainly believe Microvast is more favorable than NOVONIX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Microvast
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
NOVONIX
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Microvast has a beta of 3.55, indicating that its stock price is 255% more volatile than the broader market. Comparatively, NOVONIX has a beta of 2.53, indicating that its stock price is 153% more volatile than the broader market.

Summary

Microvast beats NOVONIX on 10 of the 14 factors compared between the two stocks.

How does NOVONIX compare to ChargePoint?

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

ChargePoint has a consensus target price of $6.93, suggesting a potential downside of 23.44%. Given ChargePoint's stronger consensus rating and higher probable upside, analysts clearly believe ChargePoint 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
ChargePoint
3 Sell rating(s)
8 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.73

In the previous week, NOVONIX and NOVONIX both had 7 articles in the media. NOVONIX's average media sentiment score of 1.14 beat ChargePoint's score of 0.44 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)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ChargePoint
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

NOVONIX has a beta of 2.53, indicating that its share price is 153% more volatile than the broader market. Comparatively, ChargePoint has a beta of 1.77, indicating that its share price is 77% more volatile than the broader market.

0.1% of NOVONIX shares are held by institutional investors. Comparatively, 37.8% of ChargePoint shares are held by institutional investors. 23.7% of NOVONIX shares are held by company insiders. Comparatively, 4.2% of ChargePoint shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

NOVONIX has higher earnings, but lower revenue than ChargePoint.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$5.62M13.22-$92.72MN/AN/A
ChargePoint$411.22M0.59-$220.20M-$7.18N/A

NOVONIX has a net margin of 0.00% compared to ChargePoint's net margin of -40.59%. NOVONIX's return on equity of 0.00% beat ChargePoint's return on equity.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
ChargePoint -40.59%-3,366.29%-15.95%

Summary

NOVONIX beats ChargePoint on 8 of the 12 factors compared between the two stocks.

How does NOVONIX compare to NeoVolta?

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

NOVONIX has a net margin of 0.00% compared to NeoVolta's net margin of -63.35%. NOVONIX's return on equity of 0.00% beat NeoVolta's return on equity.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
NeoVolta -63.35%-141.89%-89.61%

NeoVolta has a consensus target price of $9.50, suggesting a potential upside of 158.15%. Given NeoVolta's stronger consensus rating and higher possible upside, analysts plainly believe NeoVolta 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
NeoVolta
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.43

NeoVolta has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$5.62M13.22-$92.72MN/AN/A
NeoVolta$8.43M24.71-$5.03M-$0.33N/A

In the previous week, NOVONIX had 1 more articles in the media than NeoVolta. MarketBeat recorded 7 mentions for NOVONIX and 6 mentions for NeoVolta. NOVONIX's average media sentiment score of 1.14 beat NeoVolta's score of 1.06 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)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NeoVolta
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

NOVONIX has a beta of 2.53, indicating that its stock price is 153% more volatile than the broader market. Comparatively, NeoVolta has a beta of -0.87, indicating that its stock price is 187% less volatile than the broader market.

0.1% of NOVONIX shares are owned by institutional investors. Comparatively, 5.1% of NeoVolta shares are owned by institutional investors. 23.7% of NOVONIX shares are owned by insiders. Comparatively, 4.0% of NeoVolta shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

NOVONIX and NeoVolta tied by winning 7 of the 14 factors compared between the two stocks.

How does NOVONIX compare to SES AI?

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

29.8% of SES AI shares are held by institutional investors. Comparatively, 0.1% of NOVONIX shares are held by institutional investors. 13.8% of SES AI shares are held by insiders. Comparatively, 23.7% of NOVONIX shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

SES AI has a beta of 1, indicating that its share price has a similar volatility profile to the broader market.Comparatively, NOVONIX has a beta of 2.53, indicating that its share price is 153% more volatile than the broader market.

In the previous week, NOVONIX had 6 more articles in the media than SES AI. MarketBeat recorded 7 mentions for NOVONIX and 1 mentions for SES AI. NOVONIX's average media sentiment score of 1.14 beat SES AI's score of 0.00 indicating that NOVONIX is being referred to more favorably in the news media.

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

SES AI presently has a consensus target price of $2.55, indicating a potential upside of 371.35%. Given SES AI's stronger consensus rating and higher possible upside, research analysts plainly believe SES AI is more favorable than NOVONIX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SES AI
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
NOVONIX
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

SES AI has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SES AI$21M9.57-$73.04M-$0.20N/A
NOVONIX$5.62M13.22-$92.72MN/AN/A

NOVONIX has a net margin of 0.00% compared to SES AI's net margin of -289.64%. NOVONIX's return on equity of 0.00% beat SES AI's return on equity.

Company Net Margins Return on Equity Return on Assets
SES AI-289.64% -26.21% -20.78%
NOVONIX N/A N/A N/A

Summary

NOVONIX beats SES AI on 8 of the 14 factors compared between the two stocks.

How does NOVONIX compare to SKYX Platforms?

NOVONIX (NASDAQ:NVX) and SKYX Platforms (NASDAQ:SKYX) are both small-cap industrials companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, media sentiment, dividends, valuation, risk, profitability and institutional ownership.

In the previous week, SKYX Platforms had 1 more articles in the media than NOVONIX. MarketBeat recorded 8 mentions for SKYX Platforms and 7 mentions for NOVONIX. SKYX Platforms' average media sentiment score of 1.16 beat NOVONIX's score of 1.14 indicating that SKYX Platforms is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NOVONIX
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
SKYX Platforms
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

0.1% of NOVONIX shares are held by institutional investors. Comparatively, 11.8% of SKYX Platforms shares are held by institutional investors. 23.7% of NOVONIX shares are held by insiders. Comparatively, 24.2% of SKYX Platforms shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

SKYX Platforms has a consensus price target of $4.67, indicating a potential upside of 245.68%. Given SKYX Platforms' stronger consensus rating and higher probable upside, analysts clearly believe SKYX Platforms 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
SKYX Platforms
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.67

SKYX Platforms has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$5.62M13.22-$92.72MN/AN/A
SKYX Platforms$92.01M1.99-$33.42M-$0.27N/A

NOVONIX has a beta of 2.53, meaning that its stock price is 153% more volatile than the broader market. Comparatively, SKYX Platforms has a beta of -3491.36, meaning that its stock price is 349,236% less volatile than the broader market.

NOVONIX has a net margin of 0.00% compared to SKYX Platforms' net margin of -34.34%.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
SKYX Platforms -34.34%N/A -49.28%

Summary

SKYX Platforms beats NOVONIX on 10 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 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 Equipment IndustryIndustrials SectorNASDAQ Exchange
Market Cap$74.34M$10.17B$10.25B$12.85B
Dividend YieldN/A2.33%97.16%11.71%
P/E RatioN/A45.8925.7725.33
Price / Sales13.221,638.80332.81111.12
Price / CashN/A32.7123.9051.52
Price / Book0.407.524.846.20
Net Income-$92.72M$139.36M$613.14M$358.50M
7 Day Performance-1.00%-1.14%-1.55%-2.35%
1 Month Performance-30.05%-6.26%-4.17%-3.23%
1 Year Performance-76.35%10.66%6.24%8.79%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVX
NOVONIX
0.7372 of 5 stars
$2.98
+2.4%
N/A-76.3%$74.34M$5.62MN/AN/A
MVST
Microvast
3.2455 of 5 stars
$0.61
-1.7%
$4.00
+552.5%
-81.8%$237.26M$427.52MN/A1,908
CHPT
ChargePoint
1.4346 of 5 stars
$9.27
+3.8%
$6.93
-25.2%
-12.8%$226.62M$411.22MN/A1,440
NEOV
NeoVolta
3.6717 of 5 stars
$3.70
+0.7%
$9.50
+157.0%
-24.4%$209.46M$8.43MN/A5
SES
SES AI
1.7641 of 5 stars
$0.54
+2.3%
$2.55
+373.1%
-56.9%$200.50M$21MN/A130

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This page (NASDAQ:NVX) was last updated on 9/13/2026 by MarketBeat.com Staff.
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