Should I buy or sell Energy Vault stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Vault in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NRGV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NRGV, but not buy additional shares or sell existing shares. View NRGV analyst ratings or view top-rated stocks .

What is Energy Vault's stock price target for 2024?

4 Wall Street analysts have issued 1-year target prices for Energy Vault's shares. Their NRGV share price targets range from $1.75 to $7.00. On average, they anticipate the company's share price to reach $5.31 in the next twelve months. This suggests a possible upside of 125.1% from the stock's current price. View analysts price targets for NRGV or view top-rated stocks among Wall Street analysts .

How have NRGV shares performed in 2023?

Energy Vault's stock was trading at $3.12 at the beginning of the year. Since then, NRGV stock has decreased by 24.4% and is now trading at $2.36. View the best growth stocks for 2023 here .

When is Energy Vault's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 5th 2024. View our NRGV earnings forecast .

How were Energy Vault's earnings last quarter?

Energy Vault Holdings, Inc. (NYSE:NRGV) posted its earnings results on Tuesday, November, 7th. The company reported ($0.13) EPS for the quarter, meeting analysts' consensus estimates of ($0.13). The company earned $172.21 million during the quarter, compared to analyst estimates of $102.80 million. Energy Vault had a negative net margin of 30.76% and a negative trailing twelve-month return on equity of 38.36%.

What ETFs hold Energy Vault's stock?

ETFs with the largest weight of Energy Vault (NYSE:NRGV) stock in their portfolio include Invesco WilderHill Clean Energy ETF (PBW) , SPDR S&P Kensho Clean Power ETF (CNRG) and IQ Chaikin U.S. Small Cap ETF (CSML) . ALPS Clean Energy ETF (ACES) .

Who are Energy Vault's major shareholders?

Energy Vault's stock is owned by many different retail and institutional investors. Top institutional shareholders include Invesco Ltd. (1.77%), Northern Trust Corp (0.54%), Charles Schwab Investment Management Inc. (0.45%), Alps Advisors Inc. (0.26%), Bank of New York Mellon Corp (0.20%) and Mirae Asset Global Investments Co. Ltd. (0.15%). Insiders that own company stock include Andrea Pedretti, Goncagul Icoren, Robert Piconi and William Gross. View institutional ownership trends .

How do I buy shares of Energy Vault?

Shares of NRGV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Energy Vault Stock Price, News & Analysis (NYSE:NRGV)

$2.36

+0.06 (+2.61%)

(As of 11:21 AM ET)

Compare

Today's Range: $2.24
▼
$2.38
50-Day Range: $1.87
▼
$2.94
52-Week Range: $1.35
▼
$5.51

Volume: 192,530 shs
Average Volume: 1.17 million shs
Market Capitalization: $338.78 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.31

Energy Vault MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 125.1% Upside
$5.31 Price Target
Short Interest: Bearish
14.82% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.14
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$148,747 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.62) to ($0.30) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

Oils/Energy Sector

212th out of 241 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

24th out of 28 stocks

3.1

Analyst's Opinion

Consensus Rating
Energy Vault has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $5.31, Energy Vault has a forecasted upside of 125.1% from its current price of $2.36.
Amount of Analyst Coverage
Energy Vault has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
14.82% of the float of Energy Vault has been sold short.
Short Interest Ratio / Days to Cover
Energy Vault has a short interest ratio ("days to cover") of 13.5, which indicates bearish sentiment.
Change versus previous month
Short interest in Energy Vault has recently increased by 1.91%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Energy Vault does not currently pay a dividend.
Dividend Growth
Energy Vault does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NRGV.

2.3

News and Social Media Coverage

News Sentiment
Energy Vault has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Energy Vault this week, compared to 1 article on an average week.
Search Interest
3 people have searched for NRGV on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Energy Vault to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Energy Vault insiders have bought 33.92% more of their company's stock than they have sold. Specifically, they have bought $148,747.00 in company stock and sold $111,075.00 in company stock.
Percentage Held by Insiders
20.00% of the stock of Energy Vault is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 33.65% of the stock of Energy Vault is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Energy Vault are expected to grow in the coming year, from ($0.62) to ($0.30) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Energy Vault is -3.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Energy Vault is -3.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Energy Vault has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Energy Vault Stock (NYSE:NRGV)

Energy Vault Holdings, Inc. develops and sells energy storage solutions. The company offers battery energy storage systems for shorter-duration energy storage needs; gravity energy storage systems, including EVx solution; green hydrogen energy storage systems; hybrid energy storage systems; and energy management software platform that orchestrates the management of one or more diverse storage mediums. Its solutions allow utilities, independent power producers, and large energy users to manage their power portfolios and efficiently dispatch power. Energy Vault Holdings, Inc. is based in Westlake Village, California.

NRGV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NRGV Stock News Headlines

November 30, 2023 | finance.yahoo.com

Energy Vault Announces Participation at the Shareholder Equity Conference

November 24, 2023 | seekingalpha.com

Energy Vault Keeps Delivering

December 1, 2023 | DTI Trader (Ad)

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November 16, 2023 | msn.com

NRGV is among utility movers

November 12, 2023 | finance.yahoo.com

Energy Vault Holdings, Inc. (NYSE:NRGV) Q3 2023 Earnings Call Transcript

November 9, 2023 | finance.yahoo.com

Investors Still Aren't Entirely Convinced By Energy Vault Holdings, Inc.'s (NYSE:NRGV) Revenues Despite 31% Price Jump

November 8, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Occidental Petroleum (OXY), Targa Resources (TRGP) and Energy Vault Holdings (NRGV)

November 8, 2023 | benzinga.com

Recap: Energy Vault Holdings Q3 Earnings

December 1, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

November 8, 2023 | msn.com

Why Energy Vault Stock Exploded 40% Higher This Morning

November 7, 2023 | markets.businessinsider.com

Energy Vault earnings preview: what Wall Street is expecting

November 7, 2023 | finance.yahoo.com

Energy Vault, Wellhead and W Power Begin Commercial Operations of Stanton Battery Energy Storage System

November 6, 2023 | msn.com

Energy Vault to deploy five more gravity energy storage systems in China

November 6, 2023 | finance.yahoo.com

Energy Vault Announces Five Additional EVx™ Gravity Energy Storage System Deployments in China

October 25, 2023 | finance.yahoo.com

Energy Vault Appoints Bernie Colson, CFA as Vice President of Investor Relations

October 18, 2023 | finance.yahoo.com

Here's Why We're Watching Energy Vault Holdings' (NYSE:NRGV) Cash Burn Situation

October 17, 2023 | finance.yahoo.com

Energy Vault Schedules Conference Call to Discuss Third Quarter 2023 Financial Results

September 27, 2023 | finance.yahoo.com

Energy Vault Holdings, Inc. (NYSE:NRGV): When Will It Breakeven?

September 25, 2023 | msn.com

Energy Vault: A Crucial Second Half Of The Year

September 11, 2023 | finance.yahoo.com

Energy Vault to Present Full Suite of Sustainable Energy Storage Solutions at 2023 RE+ Conference

September 7, 2023 | finance.yahoo.com

This Energy Vault Holdings Insider Increased Their Holding In The Last Year

August 11, 2023 | finance.yahoo.com

Earnings Update: Energy Vault Holdings, Inc. (NYSE:NRGV) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts

August 8, 2023 | markets.businessinsider.com

Energy Vault Holdings, Inc. Q2 Loss increases, but beats estimates

August 8, 2023 | msn.com

Energy Vault Holdings, Inc. (NRGV) Reports Q2 Loss, Lags Revenue Estimates

August 8, 2023 | finance.yahoo.com

Energy Vault Reports Second Quarter 2023 Earnings Results

August 2, 2023 | msn.com

Chardan Capital Reiterates Energy Vault Holdings (NRGV) Buy Recommendation

August 1, 2023 | finance.yahoo.com

Energy Vault Announces Commencement of Commissioning of World’s First EVx™ Gravity Energy Storage System

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/05/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NYSE:NRGV
CUSIP: N/A
CIK: 1828536
Web: novuscapitalcorporationii.com
Phone: 805-852-0000
Fax: N/A
Employees: 170
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.31
High Stock Price Target: $7.00
Low Stock Price Target: $1.75
Potential Upside/Downside: +131.0%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.70)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-78,300,000.00
Net Margins: -30.76%
Pretax Margin: -30.86%
Return on Equity: -38.36%
Return on Assets: -27.00%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.16
Quick Ratio: 4.08

Sales & Book Value

Annual Sales: $145.88 million
Price / Sales: 2.26
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.66 per share
Price / Book: 1.39

Miscellaneous

Outstanding Shares: 143,550,000
Free Float: 114,837,000
Market Cap: $330.17 million
Optionable: Optionable
Beta: 0.41

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Key Executives

Mr. Robert Allen Piconi (Age 52)
Co-Founder, Chairman & CEO
Comp: $1.86M
Mr. William T. Gross (Age 65)
Co-Founder & Independent Director
Comp: $75k
Mr. Josh McMorrow (Age 49)
Chief Legal Officer & Secretary
Comp: $433.46k
Mr. Marco Terruzzin (Age 50)
Chief Product Officer
Comp: $541.51k
Mr. Andrea Pedretti (Age 48)
Co-Founder & Chief Technology Officer
Comp: $429.06k
Mr. Jan Kees van Gaalen (Age 66)
Chief Financial Officer
Mr. Christopher K. Wiese (Age 62)
Chief Operating Officer
Mr. Richard Espy (Age 46)
Chief Information Officer & VP of Software Enablement
Mr. Laurence Alexander (Age 57)
Chief Marketing Officer
Mr. Kevin B. Keough
Senior Vice President of Corporate Development

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NRGV Stock Analysis - Frequently Asked Questions

Should I buy or sell Energy Vault stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Vault in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NRGV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NRGV, but not buy additional shares or sell existing shares.
View NRGV analyst ratings or view top-rated stocks.
What is Energy Vault's stock price target for 2024?: 4 Wall Street analysts have issued 1-year target prices for Energy Vault's shares. Their NRGV share price targets range from $1.75 to $7.00. On average, they anticipate the company's share price to reach $5.31 in the next twelve months. This suggests a possible upside of 125.1% from the stock's current price.
View analysts price targets for NRGV or view top-rated stocks among Wall Street analysts.
How have NRGV shares performed in 2023?: Energy Vault's stock was trading at $3.12 at the beginning of the year. Since then, NRGV stock has decreased by 24.4% and is now trading at $2.36.
View the best growth stocks for 2023 here.
When is Energy Vault's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 5th 2024.
View our NRGV earnings forecast.

How were Energy Vault's earnings last quarter?: Energy Vault Holdings, Inc. (NYSE:NRGV) posted its earnings results on Tuesday, November, 7th. The company reported ($0.13) EPS for the quarter, meeting analysts' consensus estimates of ($0.13). The company earned $172.21 million during the quarter, compared to analyst estimates of $102.80 million. Energy Vault had a negative net margin of 30.76% and a negative trailing twelve-month return on equity of 38.36%.
What ETFs hold Energy Vault's stock?: ETFs with the largest weight of Energy Vault (NYSE:NRGV) stock in their portfolio include Invesco WilderHill Clean Energy ETF (PBW), SPDR S&P Kensho Clean Power ETF (CNRG) and IQ Chaikin U.S. Small Cap ETF (CSML).ALPS Clean Energy ETF (ACES).
Who are Energy Vault's major shareholders?: Energy Vault's stock is owned by many different retail and institutional investors. Top institutional shareholders include Invesco Ltd. (1.77%), Northern Trust Corp (0.54%), Charles Schwab Investment Management Inc. (0.45%), Alps Advisors Inc. (0.26%), Bank of New York Mellon Corp (0.20%) and Mirae Asset Global Investments Co. Ltd. (0.15%). Insiders that own company stock include Andrea Pedretti, Goncagul Icoren, Robert Piconi and William Gross.
View institutional ownership trends.
How do I buy shares of Energy Vault?: Shares of NRGV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:NRGV) was last updated on 12/1/2023 by MarketBeat.com Staff

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