Do analysts rate XCH or NVX?

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score XCHG 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

Which has preferable valuation & earnings, XCH or NVX?

XCHG has higher revenue and earnings than NOVONIX. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio XCHG $25.10M 0.75 -$32.50M -$0.08 N/A NOVONIX $5.62M 17.97 -$92.72M N/A N/A

Is XCH or NVX more profitable?

Company Net Margins Return on Equity Return on Assets XCHG N/A N/A N/A NOVONIX N/A N/A N/A

Which has preferable valuation & earnings, ABAT or NVX?

American Battery Technology has higher earnings, but lower revenue than NOVONIX. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio American Battery Technology $4.29M 81.72 -$46.76M -$0.52 N/A NOVONIX $5.62M 17.97 -$92.72M N/A N/A

Do analysts prefer NVX or ELVA?

Electrovaya has a consensus target price of $17.50, suggesting a potential upside of 163.55%. Given Electrovaya's stronger consensus rating and higher possible upside, analysts plainly believe Electrovaya 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 Electrovaya 0 Sell rating(s) 2 Hold rating(s) 3 Buy rating(s) 1 Strong Buy rating(s) 2.83

Which has higher earnings and valuation, NVX or ELVA?

Electrovaya has higher revenue and earnings than NOVONIX. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio NOVONIX $5.62M 17.97 -$92.72M N/A N/A Electrovaya $63.83M 5.15 $3.36M $0.11 60.36

Do analysts recommend MVST or NVX?

Microvast currently has a consensus price target of $4.00, suggesting a potential upside of 397.08%. Given Microvast's stronger consensus rating and higher possible upside, equities research analysts clearly 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

Which has better earnings & valuation, MVST or NVX?

Microvast has higher revenue and earnings than NOVONIX. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Microvast $427.52M 0.72 -$29.22M -$0.02 N/A NOVONIX $5.62M 17.97 -$92.72M N/A N/A

Is MVST or NVX more profitable?

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 Microvast 13.95% -10.34% -4.64% NOVONIX N/A N/A N/A

Do analysts recommend NVX or SES?

SES AI has a consensus target price of $2.55, suggesting a potential upside of 367.38%. Given SES AI's stronger consensus rating and higher possible 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) 1 Hold rating(s) 1 Buy rating(s) 0 Strong Buy rating(s) 2.00

Which has higher earnings & valuation, NVX or SES?

SES AI has higher revenue and earnings than NOVONIX. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio NOVONIX $5.62M 17.97 -$92.72M N/A N/A SES AI $21M 9.53 -$73.04M -$0.20 N/A

Is NVX or SES more profitable?

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 NOVONIX N/A N/A N/A SES AI -289.64% -26.21% -20.78%

NOVONIX (NVX) Competitors

$0.40 +0.01 (+2.79%)

As of 08/21/2026 04:00 PM Eastern

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NVX vs. XCH, ABAT, ELVA, MVST, and SES

Should you buy NOVONIX stock or one of its competitors? NOVONIX's main competitors and comparable companies include XCHG (XCH), American Battery Technology (ABAT), Electrovaya (ELVA), Microvast (MVST), and SES AI (SES). 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 XCHG?

XCHG (NASDAQ:XCH) 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 earnings, risk, profitability, dividends, valuation, media sentiment, analyst recommendations and institutional ownership.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
XCHG	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

In the previous week, XCHG had 5 more articles in the media than NOVONIX. MarketBeat recorded 5 mentions for XCHG and 0 mentions for NOVONIX. XCHG's average media sentiment score of 0.48 beat NOVONIX's score of 0.00 indicating that XCHG is being referred to more favorably in the media.

Company	Overall Sentiment
XCHG	Neutral
NOVONIX	Neutral

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

XCHG has higher revenue and earnings than NOVONIX.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
XCHG	$25.10M	0.75	-$32.50M	-$0.08	N/A
NOVONIX	$5.62M	17.97	-$92.72M	N/A	N/A

XCHG has a beta of -1.02, indicating that its stock price is 202% less volatile than the broader market. Comparatively, NOVONIX has a beta of 2.56, indicating that its stock price is 156% more volatile than the broader market.

Company	Net Margins	Return on Equity	Return on Assets
XCHG	N/A	N/A	N/A
NOVONIX	N/A	N/A	N/A

Summary

XCHG beats NOVONIX on 5 of the 9 factors compared between the two stocks.

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 better stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, media sentiment, profitability, institutional ownership, earnings, valuation and dividends.

In the previous week, American Battery Technology had 3 more articles in the media than NOVONIX. MarketBeat recorded 3 mentions for American Battery Technology and 0 mentions for NOVONIX. American Battery Technology's average media sentiment score of 0.61 beat NOVONIX's score of 0.00 indicating that American Battery Technology is being referred to more favorably in the media.

Company	Overall Sentiment
American Battery Technology	Positive
NOVONIX	Neutral

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

American Battery Technology has a beta of 0.27, suggesting that its stock price is 73% less 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.

American Battery Technology presently has a consensus target price of $6.00, indicating a potential upside of 133.46%. Given American Battery Technology's stronger consensus rating and higher possible upside, equities 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

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 has higher earnings, but lower revenue than NOVONIX.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
American Battery Technology	$4.29M	81.72	-$46.76M	-$0.52	N/A
NOVONIX	$5.62M	17.97	-$92.72M	N/A	N/A

Summary

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

How does NOVONIX compare to Electrovaya?

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

Electrovaya has a net margin of 6.14% compared to NOVONIX's net margin of 0.00%. Electrovaya's return on equity of 7.96% beat NOVONIX's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
NOVONIX	N/A	N/A	N/A
Electrovaya	6.14%	7.96%	4.54%

In the previous week, Electrovaya's average media sentiment score of 0.52 beat NOVONIX's score of 0.00 indicating that Electrovaya is being referred to more favorably in the news media.

Company	Overall Sentiment
NOVONIX	Neutral
Electrovaya	Positive

Electrovaya has a consensus target price of $17.50, suggesting a potential upside of 163.55%. Given Electrovaya's stronger consensus rating and higher possible upside, analysts plainly believe Electrovaya 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
Electrovaya	0 Sell rating(s)	2 Hold rating(s)	3 Buy rating(s)	1 Strong Buy rating(s)	2.83

NOVONIX has a beta of 2.56, indicating that its stock price is 156% more volatile than the broader market. Comparatively, Electrovaya has a beta of 1.69, indicating that its stock price is 69% more volatile than the broader market.

0.1% of NOVONIX shares are held by institutional investors. Comparatively, 22.5% of Electrovaya shares are held by institutional investors. 23.7% of NOVONIX shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Electrovaya has higher revenue and earnings than NOVONIX.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NOVONIX	$5.62M	17.97	-$92.72M	N/A	N/A
Electrovaya	$63.83M	5.15	$3.36M	$0.11	60.36

Summary

Electrovaya beats NOVONIX on 11 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 better business? We will compare the two companies based on the strength of their valuation, earnings, institutional ownership, profitability, dividends, risk, analyst recommendations and media sentiment.

Microvast currently has a consensus price target of $4.00, suggesting a potential upside of 397.08%. Given Microvast's stronger consensus rating and higher possible upside, equities research analysts clearly 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

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 large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Microvast has a beta of 3.55, meaning that its stock price is 255% 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.

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
Microvast	13.95%	-10.34%	-4.64%
NOVONIX	N/A	N/A	N/A

Microvast has higher revenue and earnings than NOVONIX.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Microvast	$427.52M	0.72	-$29.22M	-$0.02	N/A
NOVONIX	$5.62M	17.97	-$92.72M	N/A	N/A

In the previous week, Microvast had 24 more articles in the media than NOVONIX. MarketBeat recorded 24 mentions for Microvast and 0 mentions for NOVONIX. NOVONIX's average media sentiment score of 0.00 beat Microvast's score of -0.02 indicating that NOVONIX is being referred to more favorably in the news media.

Company	Overall Sentiment
Microvast	Neutral
NOVONIX	Neutral

Summary

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

How does NOVONIX compare to SES AI?

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

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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

SES AI has a consensus target price of $2.55, suggesting a potential upside of 367.38%. Given SES AI's stronger consensus rating and higher possible 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)	1 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.00

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
NOVONIX	N/A	N/A	N/A
SES AI	-289.64%	-26.21%	-20.78%

NOVONIX has a beta of 2.56, suggesting that its share price is 156% more volatile than the broader market. Comparatively, SES AI has a beta of 1.01, suggesting that its share price is 1% more volatile than the broader market.

In the previous week, NOVONIX's average media sentiment score of 0.00 equaled SES AI'saverage media sentiment score.

Company	Overall Sentiment
NOVONIX	Neutral
SES AI	Neutral

SES AI has higher revenue and earnings than NOVONIX.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NOVONIX	$5.62M	17.97	-$92.72M	N/A	N/A
SES AI	$21M	9.53	-$73.04M	-$0.20	N/A

Summary

NOVONIX and SES AI tied by winning 6 of the 12 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.

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.

NVX vs. The Competition

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Metric	NOVONIX	Electrical Equipment Industry	Industrials Sector	NASDAQ Exchange
Market Cap	$101.01M	$10.50B	$10.65B	$12.84B
Dividend Yield	N/A	2.33%	97.12%	11.08%
P/E Ratio	N/A	44.70	26.69	24.24
Price / Sales	17.97	1,713.62	331.54	100.14
Price / Cash	N/A	29.22	24.47	53.99
Price / Book	0.54	6.19	4.49	6.20
Net Income	-$92.72M	$139.38M	$612.35M	$348.59M
7 Day Performance	-7.87%	-3.49%	-1.41%	0.08%
1 Month Performance	-2.83%	-1.94%	2.54%	3.88%
1 Year Performance	-71.68%	15.25%	12.36%	16.98%

NOVONIX Competitors List

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Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
NVX NOVONIX	0.3195 of 5 stars	$0.41 +2.8%	N/A	-71.7%	$101.03M	$5.62M	N/A	N/A	Upcoming Earnings
XCH XCHG	1.6778 of 5 stars	$4.94 +6.9%	N/A	-100.0%	$402.75M	$25.10M	N/A	165	Gap Up High Trading Volume
ABAT American Battery Technology	1.8024 of 5 stars	$2.52 +8.2%	$6.00 +138.1%	-2.7%	$343.76M	$16.28M	N/A	54	News Coverage
ELVA Electrovaya	3.2609 of 5 stars	$6.51 -2.5%	$17.50 +168.8%	+40.7%	$322.29M	$71.57M	59.19	97	Gap Down
MVST Microvast	3.0246 of 5 stars	$0.80 +2.6%	$4.00 +397.6%	-70.3%	$309.09M	$427.52M	N/A	1,908	Trending News

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This page (NASDAQ:NVX) was last updated on 8/23/2026 by MarketBeat.com Staff.

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NOVONIX (NVX) Competitors