NASDAQ:NVX NOVONIX (NVX) Stock Price, News & Analysis → The ONE AI Stock to own now. (It’s not Nvidia.) (From Weiss Ratings) (Ad) Free NVX Stock Alerts $1.71 -0.02 (-1.16%) (As of 04:27 PM ET) Add Compare Share Share Today's Range$1.70▼$1.8050-Day Range$1.72▼$3.1052-Week Range$1.40▼$3.17Volume62,233 shsAverage Volume52,887 shsMarket Capitalization$209.03 millionP/E RatioN/ADividend YieldN/APrice Target$4.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get NOVONIX alerts: Email Address NOVONIX MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside129.9% Upside$4.00 Price TargetShort InterestHealthy0.06% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.44Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.47) to ($0.64) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.71 out of 5 starsComputer And Technology Sector453rd out of 585 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry19th out of 27 stocks 3.5 Analyst's Opinion Consensus RatingNOVONIX has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageNOVONIX has only been the subject of 1 research reports in the past 90 days.Read more about NOVONIX's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.06% of the outstanding shares of NOVONIX have been sold short.Short Interest Ratio / Days to CoverNOVONIX has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NOVONIX has recently increased by 260.91%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNOVONIX does not currently pay a dividend.Dividend GrowthNOVONIX does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NVX. Previous Next 2.5 News and Social Media Coverage News SentimentNOVONIX has a news sentiment score of 0.44. 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 0.83 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for NOVONIX this week, compared to 1 article on an average week.MarketBeat Follows6 people have added NOVONIX to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NOVONIX insiders have not sold or bought any company stock.Percentage Held by Insiders23.70% of the stock of NOVONIX is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 0.06% of the stock of NOVONIX is held by institutions.Read more about NOVONIX's insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for NOVONIX are expected to decrease in the coming year, from ($0.47) to ($0.64) per share.Price to Book Value per Share RatioNOVONIX has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsThis Weight Loss Company Can't Make Enough ProductA tiny pharmaceutical company is getting overwhelmed by a massive demand for its new weight loss marvel. They recently reported over 25,000 Americans are starting their drug each week - a 4X increase since December!Get the name of the company and their stock ticker here >>> About NOVONIX Stock (NASDAQ:NVX)NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and carries out research and development in battery development. The company is involved in the investment and real estate borrowing activities; and offers battery technology, battery testing hardware equipment, and battery testing and development consulting services. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.Read More NVX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NVX Stock News HeadlinesMay 30, 2024 | globenewswire.comUnited States Government to Reinstate Section 301 Import Tariffs on Artificial Graphite from ChinaMay 29, 2024 | globenewswire.comNOVONIX Completes Independent Engineering Assessment of Riverside FacilityJune 18, 2024 | Weiss Ratings (Ad)The ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …May 22, 2024 | globenewswire.comNOVONIX CFO Nick Liveris to Transition to Non-Executive DirectorMay 15, 2024 | globenewswire.comNOVONIX Announces Completion of Due Diligence for Combination of Natural Graphite Interests into Axon GraphiteMay 15, 2024 | msn.comNovonix share price rockets on new Volkswagen dealMay 14, 2024 | globenewswire.comPowerCo SE and NOVONIX Enter into a Testing and Development AgreementApril 30, 2024 | globenewswire.comNOVONIX Announces Participation in May Investor EventsJune 18, 2024 | Weiss Ratings (Ad)The ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …April 18, 2024 | investing.comEarnings call: Novonix reports strong Q1 with strategic growth and partnershipsApril 9, 2024 | globenewswire.comNOVONIX Announces Participation in April Investor EventsApril 3, 2024 | msn.comNovonix and Lithium Energy to combine natural graphite interests, plans IPOApril 2, 2024 | finance.yahoo.comNOVONIX Limited and Lithium Energy Limited to Combine Natural Graphite Interests with Intention to Take Combined Business PublicApril 2, 2024 | globenewswire.comNOVONIX Limited and Lithium Energy Limited to Combine Natural Graphite Interests with Intention to Take Combined Business PublicApril 1, 2024 | fool.com.auWhy Austal, Mesoblast, Novonix, and Paladin Energy shares are racing higherApril 1, 2024 | fool.com.auNovonix share price booming 5% on cracking tax creditApril 1, 2024 | globenewswire.comU.S. Government Selects NOVONIX to Receive US$103 Million in Qualifying Advanced Energy Project Tax CreditsMarch 7, 2024 | globenewswire.comNOVONIX Releases Inaugural Sustainability ReportFebruary 25, 2024 | globenewswire.comNOVONIX Announces Participation in Upcoming Investor EventsFebruary 16, 2024 | msn.comNovonix, China Natural Resources, Bloom Energy among industrial moversFebruary 11, 2024 | finance.yahoo.comNOVONIX Hosts Webcast with Dr. Chris Burns Following Panasonic Off-Take AnnouncementFebruary 6, 2024 | finance.yahoo.comNVX: Multiple Factors Support Optimistic Outlook, Believe Recent DOE Funding Underscores Potential of NVX StrategyJanuary 4, 2024 | morningstar.comNOVONIX Ltd NVXNovember 12, 2023 | finance.yahoo.comNOVONIX (ASX:NVX) shareholders have endured a 72% loss from investing in the stock a year agoNovember 2, 2023 | marketwatch.comNovonix ADRs Rise 27%, Co. Finalizes $100M DOE GrantOctober 31, 2023 | morningstar.comNOVONIX Ltd ADR NVXOctober 31, 2023 | finance.yahoo.comNOVONIX Finalizes US$100 Million Grant Award from U.S. Department of EnergySee More Headlines Receive NVX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NOVONIX and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today6/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A Current SymbolNASDAQ:NVX CUSIPN/A CIK1859795 Webwww.novonixgroup.com Phone61-4-3931-0818FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$4.00 High Stock Price Target$4.00 Low Stock Price Target$4.00 Potential Upside/Downside+128.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio0.37 Current Ratio11.37 Quick Ratio11.12 Sales & Book Value Annual Sales$8.06 million Price / Sales26.54 Cash FlowN/A Price / Cash FlowN/A Book Value$1.50 per share Price / Book1.17Miscellaneous Outstanding Shares122,240,000Free Float93,268,000Market Cap$213.92 million OptionableNot Optionable Beta3.04 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesDr. John Christopher Burns (Age 36)Chief Executive Officer Comp: $914.16kMr. Nicholas Liveris (Age 39)Chief Financial Officer Comp: $585.95kMs. Rashda M. Buttar (Age 54)Chief Legal & Administrative Officer Comp: $520.76kMr. Darcy MacDougaldChief Operating OfficerProf. Jeffrey Dahn (Age 67)Chief Scientific Advisor Mr. Danny DeasPresident of Anode MaterialsLori McleodPresident of Battery Technology SolutionsMs. Suzanne Margaret Yeates B.BusC.A., Financial Controller & Company SecretaryMore ExecutivesKey CompetitorsSES AINYSE:SESSolid PowerNASDAQ:SLDPFREYR BatteryNYSE:FREYByrna TechnologiesNASDAQ:BYRNStemNYSE:STEMView All CompetitorsInstitutional OwnershipVirtu Financial LLCBought 11,992 shares on 5/20/2024Ownership: 0.022%View All Institutional Transactions NVX Stock Analysis - Frequently Asked Questions Should I buy or sell NOVONIX stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NOVONIX in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NVX shares. View NVX analyst ratings or view top-rated stocks. What is NOVONIX's stock price target for 2024? 1 equities research analysts have issued 12 month price targets for NOVONIX's shares. Their NVX share price targets range from $4.00 to $4.00. On average, they anticipate the company's stock price to reach $4.00 in the next year. This suggests a possible upside of 129.9% from the stock's current price. View analysts price targets for NVX or view top-rated stocks among Wall Street analysts. How have NVX shares performed in 2024? NOVONIX's stock was trading at $1.94 at the beginning of the year. Since then, NVX shares have decreased by 10.3% and is now trading at $1.74. View the best growth stocks for 2024 here. Are investors shorting NOVONIX? NOVONIX saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 79,400 shares, an increase of 260.9% from the May 15th total of 22,000 shares. Based on an average daily trading volume, of 37,200 shares, the short-interest ratio is currently 2.1 days. View NOVONIX's Short Interest. Who are NOVONIX's major shareholders? NOVONIX's stock is owned by a number of institutional and retail investors. Top institutional investors include Virtu Financial LLC (0.02%). How do I buy shares of NOVONIX? Shares of NVX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:NVX) was last updated on 6/18/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredBigger Than NVIDIA?With NVIDIA flying high, everyone is looking for the next breakout stock. But right now... There's only ...Behind the Markets | Sponsoredwhy 99.94% won’t make you moneyI believe there's only 5-7 stocks that you should trade in 2024. But here's the catch…because there's alway...Prosper Trading Academy | SponsoredThe Hidden Anchor Investment of the Elite RevealedThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because sav...Colonial Metals | SponsoredWho are Nvidia’s Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.Weiss Ratings | SponsoredElon Musk: THIS will be bigger than TeslaIf you missed out on crypto, this could be your second chance. The AI “wealth window” is opening now, but you ...Paradigm Press | SponsoredThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. But there’s one signal you should pay a...Crypto 101 Media | SponsoredBiden Nomination CANCELED?And I believe when they do take the oath of office, their fingers will be crossed… and America will descend in...The Freeport Society | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding NOVONIX Limited Please log in to your account or sign up in order to add this asset to your watchlist. Share NOVONIX With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.