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Energy Vault (NRGV) Stock Forecast & Price Target

$1.13
+0.01 (+0.89%)
(As of 07/23/2024 ET)

Energy Vault - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for Energy Vault in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 2 have given a sell rating, and 4 have given a buy rating for NRGV.

Consensus Price Target

$2.65
134.51% Upside
High Forecast$4.00
Average Forecast$2.65
Low Forecast$0.75

According to the 6 analysts' twelve-month price targets for Energy Vault, the average price target is $2.65. The highest price target for NRGV is $4.00, while the lowest price target for NRGV is $0.75. The average price target represents a forecasted upside of 134.51% from the current price of $1.13.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$2.65$2.65$2.81$6.96
Forecasted Upside134.51% Upside70.09% Upside57.12% Upside135.44% Upside
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NRGV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NRGV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Energy Vault Stock vs. The Competition

TypeEnergy VaultOils/Energy CompaniesS&P 500
Consensus Rating Score
2.33
2.56
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside134.51% Upside337.80% Upside9.72% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/13/2024TD Cowen
4 of 5 stars
 Lower TargetBuy ➝ Buy$5.00 ➝ $4.00+253.98%
4/30/2024Stifel Nicolaus
4 of 5 stars
 Lower TargetBuy ➝ Buy$6.00 ➝ $3.00+130.77%
4/8/2024Chardan Capital
2 of 5 stars
 Reiterated RatingBuy ➝ Sell$7.00 ➝ $0.75-56.65%
3/22/2024The Goldman Sachs Group
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 Lower TargetSell ➝ Sell$1.70 ➝ $1.50-16.67%
1/16/2024Roth Capital
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J. Clare
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Reiterated RatingBuy
1/16/2024Roth Mkm
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 Initiated CoverageBuy$4.00+118.58%
3/6/2023Guggenheim
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 DowngradeBuy ➝ Neutral
11/17/2022Cowen
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 Lower Target$9.00+125.56%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:24 PM ET.

NRGV Forecast - Frequently Asked Questions

What is Energy Vault's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Energy Vault is $2.65, with a high forecast of $4.00 and a low forecast of $0.75.

Should I buy or sell Energy Vault stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Energy Vault in the last year. There are currently 2 sell ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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.

Does Energy Vault's stock price have much upside?

According to analysts, Energy Vault's stock has a predicted upside of 70.09% based on their 12-month stock forecasts.

What analysts cover Energy Vault?

Energy Vault has been rated by research analysts at Stifel Nicolaus, and TD Cowen in the past 90 days.

Do Wall Street analysts like Energy Vault more than its competitors?

Analysts like Energy Vault less than other "oils/energy" companies. The consensus rating for Energy Vault is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how NRGV compares to other companies.


This page (NYSE:NRGV) was last updated on 7/23/2024 by MarketBeat.com Staff

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