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NOVONIX (NVX) Competitors

NOVONIX logo
$0.39 -0.01 (-2.75%)
Closing price 04:00 PM Eastern
Extended Trading
$0.38 0.00 (-0.28%)
As of 04:34 PM Eastern
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NVX vs. ABAT, MVST, SES, EAF, and SKYX

Should you buy NOVONIX stock or one of its competitors? MarketBeat compares NOVONIX with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with NOVONIX include American Battery Technology (ABAT), Microvast (MVST), SES AI (SES), GrafTech International (EAF), and SKYX Platforms (SKYX). These companies are all part of the "electrical components & equipment" industry.

How does NOVONIX compare to American Battery Technology?

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

In the previous week, NOVONIX had 1 more articles in the media than American Battery Technology. MarketBeat recorded 1 mentions for NOVONIX and 0 mentions for American Battery Technology. American Battery Technology's average media sentiment score of 0.00 beat NOVONIX's score of -0.10 indicating that American Battery Technology is being referred to more favorably in the media.

Company Overall Sentiment
American Battery Technology Neutral
NOVONIX Neutral

American Battery Technology has a beta of 0.15, meaning that its stock price is 85% less volatile than the broader market. Comparatively, NOVONIX has a beta of 2.56, meaning that its stock price is 156% more volatile than the broader market.

American Battery Technology has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
American Battery Technology$16.28M17.93-$46.76M-$0.52N/A
NOVONIX$5.62M17.13-$92.72MN/AN/A

9.9% of American Battery Technology shares are owned by institutional investors. Comparatively, 0.1% of NOVONIX shares are owned by institutional investors. 2.8% of American Battery Technology shares are owned by insiders. Comparatively, 23.7% of NOVONIX shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

NOVONIX has a net margin of 0.00% compared to American Battery Technology's net margin of -390.48%. NOVONIX's return on equity of 0.00% beat American Battery Technology's return on equity.

Company Net Margins Return on Equity Return on Assets
American Battery Technology-390.48% -63.85% -59.33%
NOVONIX N/A N/A N/A

American Battery Technology presently has a consensus price target of $6.00, suggesting a potential upside of 180.37%. Given American Battery Technology's stronger consensus rating and higher probable upside, analysts plainly believe American Battery Technology is more favorable than NOVONIX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
American Battery Technology
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50
NOVONIX
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Summary

American Battery Technology beats NOVONIX on 8 of the 14 factors compared between the two stocks.

How does NOVONIX compare to Microvast?

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

In the previous week, Microvast had 19 more articles in the media than NOVONIX. MarketBeat recorded 20 mentions for Microvast and 1 mentions for NOVONIX. Microvast's average media sentiment score of 0.00 beat NOVONIX's score of -0.10 indicating that Microvast is being referred to more favorably in the media.

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

Microvast has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Microvast$427.52M0.64-$29.22M-$0.32N/A
NOVONIX$5.62M17.13-$92.72MN/AN/A

NOVONIX has a net margin of 0.00% compared to Microvast's net margin of -11.52%. NOVONIX's return on equity of 0.00% beat Microvast's return on equity.

Company Net Margins Return on Equity Return on Assets
Microvast-11.52% -6.12% -2.43%
NOVONIX N/A N/A N/A

Microvast has a beta of 3.56, meaning that its stock price is 256% more volatile than the broader market. Comparatively, NOVONIX has a beta of 2.56, meaning that its stock price is 156% more volatile than the broader market.

20.7% of Microvast shares are owned by institutional investors. Comparatively, 0.1% of NOVONIX shares are owned by institutional investors. 44.8% of Microvast shares are owned by insiders. Comparatively, 23.7% of NOVONIX shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Microvast
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
NOVONIX
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Summary

Microvast beats NOVONIX on 8 of the 12 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 better business? We will compare the two companies based on the strength of their earnings, institutional ownership, dividends, media sentiment, profitability, analyst recommendations, risk and valuation.

SES AI has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SES AI$21.92M9.92-$73.04M-$0.22N/A
NOVONIX$5.62M17.13-$92.72MN/AN/A

NOVONIX has a net margin of 0.00% compared to SES AI's net margin of -331.72%. 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-331.72% -28.65% -23.21%
NOVONIX N/A N/A N/A

SES AI currently has a consensus price target of $2.70, indicating a potential upside of 355.31%. Given SES AI's stronger consensus rating and higher probable upside, research analysts clearly 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 a beta of 0.95, suggesting that its share price is 5% less volatile than the broader market. Comparatively, NOVONIX has a beta of 2.56, suggesting that its share price is 156% more volatile than the broader market.

In the previous week, SES AI had 6 more articles in the media than NOVONIX. MarketBeat recorded 7 mentions for SES AI and 1 mentions for NOVONIX. SES AI's average media sentiment score of 0.00 beat NOVONIX's score of -0.10 indicating that SES AI is being referred to more favorably in the media.

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

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

Summary

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

How does NOVONIX compare to GrafTech International?

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

GrafTech International has a beta of 1.84, suggesting that its stock price is 84% more volatile than the broader market. Comparatively, NOVONIX has a beta of 2.56, suggesting that its stock price is 156% more volatile than the broader market.

In the previous week, GrafTech International had 2 more articles in the media than NOVONIX. MarketBeat recorded 3 mentions for GrafTech International and 1 mentions for NOVONIX. GrafTech International's average media sentiment score of 0.88 beat NOVONIX's score of -0.10 indicating that GrafTech International is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
GrafTech International
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NOVONIX
0 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

92.8% of GrafTech International shares are owned by institutional investors. Comparatively, 0.1% of NOVONIX shares are owned by institutional investors. 1.2% of GrafTech International 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 company will outperform the market over the long term.

NOVONIX has lower revenue, but higher earnings than GrafTech International.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
GrafTech International$512.92M0.38-$219.84M-$6.80N/A
NOVONIX$5.62M17.13-$92.72MN/AN/A

NOVONIX has a net margin of 0.00% compared to GrafTech International's net margin of -34.58%.

Company Net Margins Return on Equity Return on Assets
GrafTech International-34.58% N/A -17.50%
NOVONIX N/A N/A N/A

GrafTech International presently has a consensus target price of $10.67, indicating a potential upside of 41.73%. Given GrafTech International's stronger consensus rating and higher possible upside, analysts clearly believe GrafTech International is more favorable than NOVONIX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GrafTech International
3 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
NOVONIX
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Summary

GrafTech International and NOVONIX tied by winning 6 of the 12 factors compared between the two stocks.

How does NOVONIX compare to SKYX Platforms?

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

SKYX Platforms has a beta of -3491.5, meaning that its share price is 349,250% less volatile than the broader market. Comparatively, NOVONIX has a beta of 2.56, meaning that its share price is 156% more volatile than the broader market.

NOVONIX has a net margin of 0.00% compared to SKYX Platforms' net margin of -35.79%.

Company Net Margins Return on Equity Return on Assets
SKYX Platforms-35.79% N/A -52.05%
NOVONIX N/A N/A N/A

11.8% of SKYX Platforms shares are owned by institutional investors. Comparatively, 0.1% of NOVONIX shares are owned by institutional investors. 24.2% of SKYX Platforms shares are owned by insiders. Comparatively, 23.7% of NOVONIX shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

SKYX Platforms presently has a consensus price target of $5.00, suggesting a potential upside of 350.45%. Given SKYX Platforms' stronger consensus rating and higher possible upside, analysts plainly believe SKYX Platforms is more favorable than NOVONIX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SKYX Platforms
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.67
NOVONIX
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

SKYX Platforms has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SKYX Platforms$92.01M1.62-$33.42M-$0.29N/A
NOVONIX$5.62M17.13-$92.72MN/AN/A

In the previous week, SKYX Platforms had 1 more articles in the media than NOVONIX. MarketBeat recorded 2 mentions for SKYX Platforms and 1 mentions for NOVONIX. SKYX Platforms' average media sentiment score of 1.46 beat NOVONIX's score of -0.10 indicating that SKYX Platforms is being referred to more favorably in the media.

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

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$96.29M$10.77B$10.66B$12.68B
Dividend YieldN/A2.33%120.66%10.03%
P/E RatioN/A47.1227.7725.13
Price / Sales17.131,531.35430.2782.47
Price / CashN/A28.2324.0434.82
Price / Book0.515.484.846.21
Net Income-$92.72M$136.38M$610.20M$347.49M
7 Day Performance-4.24%-0.87%0.83%0.89%
1 Month Performance-13.93%-10.04%-1.27%-3.60%
1 Year Performance-67.00%24.47%13.63%20.46%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVX
NOVONIX
0.5294 of 5 stars
$0.39
-2.7%
N/A-66.1%$96.29M$5.62MN/AN/A
ABAT
American Battery Technology
1.5296 of 5 stars
$2.12
+3.7%
$6.00
+183.7%
-5.0%$288.52M$16.28MN/A54
MVST
Microvast
1.1569 of 5 stars
$0.83
+3.3%
N/A-73.3%$275.19M$427.52MN/A1,908
SES
SES AI
1.7539 of 5 stars
$0.54
-0.2%
$2.70
+400.0%
-54.3%$197.24M$21.92MN/A130
EAF
GrafTech International
2.2825 of 5 stars
$6.60
+1.7%
$10.67
+61.6%
-47.9%$172.21M$512.92MN/A1,071

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This page (NASDAQ:NVX) was last updated on 8/3/2026 by MarketBeat.com Staff.
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