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NOVONIX (NVX) Competitors

$1.74
+0.04 (+2.36%)
(As of 07/19/2024 ET)

NVX vs. EOSE, SES, SLDP, FREY, STEM, BYRN, NRGV, ULBI, GAUZ, and GWH

Should you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include Eos Energy Enterprises (EOSE), SES AI (SES), Solid Power (SLDP), FREYR Battery (FREY), Stem (STEM), Byrna Technologies (BYRN), Energy Vault (NRGV), Ultralife (ULBI), Gauzy (GAUZ), and ESS Tech (GWH). These companies are all part of the "miscellaneous electrical machinery, equipment, & supplies" industry.

NOVONIX vs.

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

NOVONIX presently has a consensus target price of $4.00, indicating a potential upside of 130.55%. Eos Energy Enterprises has a consensus target price of $4.83, indicating a potential upside of 154.39%. Given Eos Energy Enterprises' higher probable upside, analysts plainly believe Eos Energy Enterprises is more favorable than NOVONIX.

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
Eos Energy Enterprises
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75

NOVONIX has a net margin of 0.00% compared to Eos Energy Enterprises' net margin of -1,446.65%.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
Eos Energy Enterprises -1,446.65%N/A -94.83%

In the previous week, NOVONIX had 1 more articles in the media than Eos Energy Enterprises. MarketBeat recorded 1 mentions for NOVONIX and 0 mentions for Eos Energy Enterprises. NOVONIX's average media sentiment score of 0.00 equaled Eos Energy Enterprises'average media sentiment score.

Company Overall Sentiment
NOVONIX Neutral
Eos Energy Enterprises Neutral

NOVONIX has higher earnings, but lower revenue than Eos Energy Enterprises.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$8.06M26.32-$46.25MN/AN/A
Eos Energy Enterprises$16.38M24.14-$229.51M-$1.56-1.22

0.1% of NOVONIX shares are owned by institutional investors. Comparatively, 54.9% of Eos Energy Enterprises shares are owned by institutional investors. 23.7% of NOVONIX shares are owned by company insiders. Comparatively, 4.1% of Eos Energy Enterprises shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Eos Energy Enterprises received 22 more outperform votes than NOVONIX when rated by MarketBeat users. However, 100.00% of users gave NOVONIX an outperform vote while only 48.94% of users gave Eos Energy Enterprises an outperform vote.

CompanyUnderperformOutperform
NOVONIXOutperform Votes
1
100.00%
Underperform Votes
No Votes
Eos Energy EnterprisesOutperform Votes
23
48.94%
Underperform Votes
24
51.06%

NOVONIX has a beta of 3, meaning that its share price is 200% more volatile than the S&P 500. Comparatively, Eos Energy Enterprises has a beta of 2.38, meaning that its share price is 138% more volatile than the S&P 500.

Summary

NOVONIX beats Eos Energy Enterprises on 9 of the 14 factors compared between the two stocks.

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$212.10M$1.11B$22.29B$8.40B
Dividend YieldN/A1.90%2.67%3.93%
P/E RatioN/A8.15260.3118.26
Price / Sales26.3215.75567.3087.29
Price / CashN/A11.0633.0834.86
Price / Book1.163.116.854.45
Net Income-$46.25M-$22.81M$632.16M$216.15M
7 Day Performance-6.22%-3.70%-0.72%-0.15%
1 Month Performance1.46%7.20%2.74%5.24%
1 Year Performance-37.81%-23.89%9.97%-0.10%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EOSE
Eos Energy Enterprises
2.3373 of 5 stars
2.34 / 5 stars
$2.31
+9.0%
$4.83
+109.2%
-42.1%$480.78M$16.38M-1.48420Short Interest ↓
SES
SES AI
0.5237 of 5 stars
0.52 / 5 stars
$1.30
-3.7%
$9.00
+592.3%
-57.1%$464.11MN/A-8.13300Gap Down
SLDP
Solid Power
1.3757 of 5 stars
1.38 / 5 stars
$2.15
+9.1%
$3.67
+70.5%
-27.1%$380.66M$17.41M-5.66270High Trading Volume
FREY
FREYR Battery
2.4762 of 5 stars
2.48 / 5 stars
$1.84
+7.6%
$5.23
+184.0%
-79.5%$257.07MN/A-2.97263Positive News
STEM
Stem
2.9748 of 5 stars
2.97 / 5 stars
$1.44
+12.5%
$4.17
+189.6%
-83.2%$232.78M$461.52M-0.99624Gap Down
BYRN
Byrna Technologies
1.2182 of 5 stars
1.22 / 5 stars
$10.03
+0.7%
$16.63
+65.8%
+144.9%$228.48M$42.64M-71.64106Short Interest ↑
NRGV
Energy Vault
2.2436 of 5 stars
2.24 / 5 stars
$1.33
+12.7%
$2.65
+99.2%
-62.4%$197.97M$341.54M-2.22179Positive News
High Trading Volume
ULBI
Ultralife
3.4777 of 5 stars
3.48 / 5 stars
$11.11
+1.7%
$14.00
+26.0%
+115.8%$184.65M$158.64M17.36536Upcoming Earnings
News Coverage
GAUZ
Gauzy
0 of 5 stars
0.00 / 5 stars
$9.35
-2.5%
$21.75
+132.6%
N/A$178.12M$77.98M0.00N/AQuiet Period Expiration
News Coverage
GWH
ESS Tech
2.1143 of 5 stars
2.11 / 5 stars
$0.91
+7.1%
$2.01
+121.9%
-57.0%$158.30M$7.54M-2.01270Gap Up

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This page (NASDAQ:NVX) was last updated on 7/20/2024 by MarketBeat.com Staff

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