Fervo Energy Company (FRVO)
| Market Cap | 4.47B |
| Revenue (ttm) | 312,000 -30.7% |
| Net Income | -144.53M |
| EPS | -3.12 |
| Shares Out | 294.76M |
| PE Ratio | n/a |
| Forward PE | 45.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,460,425 |
| Open | 17.59 |
| Previous Close | 16.71 |
| Day's Range | 15.03 - 17.66 |
| 52-Week Range | 14.60 - 42.65 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 39.50 (+160.21%) |
| Earnings Date | Aug 12, 2026 |
About FRVO
Fervo Energy Company builds, owns, and operates geothermal power facilities in the United States. Fervo Energy Company was incorporated in 2017 and is headquartered in Houston, Texas.
Financial Performance
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for FRVO stock is "Strong Buy." The 12-month stock price target is $39.5, which is an increase of 160.21% from the latest price.
News
Fervo Energy price target lowered to $30 from $36 at BofA
BofA analyst Ross Fowler lowered the firm’s price target on Fervo Energy (FRVO) to $30 from $36 and keeps a Buy rating on the shares. The firm cites a lower…
Fervo Energy upgraded to Outperform from Peer Perform at Wolfe Research
Wolfe Research upgraded Fervo Energy (FRVO) to Outperform from Peer Perform with a $29 price target The announcement of the company’s first power at Cape Station is an “important milestone,”…
Fervo Energy announces Cape Station in Utah has achieved First Power
Fervo Energy (FRVO) announced that Cape Station, its flagship geothermal development in Beaver County, Utah, has achieved First Power, marking the first time a utility-scale enhanced geothermal develo...
Fervo Energy Achieves First Power at Cape Station, a Landmark Moment for the Future of Enhanced Geothermal Systems
HOUSTON, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced that Cape Station, its flagship geothermal development i...
Fervo Energy initiated with a Buy at Johnson Rice
Johnson Rice analyst Martin Malloy initiated coverage of Fervo Energy (FRVO) with a Buy rating and $35 price target
Fervo Energy Company (FRVO) Faces Investor Scrutiny Amid Post-IPO Transmission Curtailment Revelation – HBSS
SAN FRANCISCO, Sept. 23, 2026 (GLOBE NEWSWIRE) -- During Fervo Energy Company's (NASDAQ: FRVO) August 12, 2026 Q2 2026 earnings call, the company revealed that it expected a temporary shutdown of cert...
Fervo Energy secures two U.S. Department of Energy awards totaling $20M
Fervo Energy (FRVO) announced it has received two U.S. Department of Energy awards totaling approximately $20M to accelerate the development of Enhanced Geothermal Systems, EGS, in Idaho and Nevada an...
Fervo Energy Secures Two U.S. Department of Energy Awards to Develop Next-Generation Geothermal in Idaho and Nevada
Two grants, one each for new developments in Idaho and Nevada Grants support a targeted appraisal campaign and developing new technology for high-temperature EGS operations HOUSTON, Sept. 22, 2026 (GL...
Fervo Energy Company (FRVO) Faces Investor Scrutiny Amid Post-IPO Transmission Curtailment Revelation - HBSS
SAN FRANCISCO, Sept. 10, 2026 /PRNewswire/ -- During Fervo Energy Company's (NASDAQ: FRVO) August 12, 2026 Q2 2026 earnings call, the company revealed that it expected a temporary shutdown of certain ...
Fervo Energy initiated with an Outperform at Northland
Northland analyst Jeff Grampp initiated coverage of Fervo Energy (FRVO) with an Outperform rating and $27 price target Fervo is pioneering enhanced geothermal systems which have the potential to creat...
This enhanced geothermal project aims to unlock gigawatts of power to fuel the data center boom
Fervo Energy's Cape Station project in Milford, Utah, is on pace to send power to the grid next month. This would make it the first enhanced geothermal system in the U.S. to reach commercial operation...
Inside Fervo Energy's enhanced geothermal project in Utah
Fervo Energy CEO Tim Latimer joins CNBC's Pippa Stevens from their Cape Station site to discuss the company's big bet on enhanced geothermal energy, their new 400 MW deal with Google, their ambitious ...
RBC Capital sees Fervo’s shares responding favorably to agreement with Google
RBC Capital analyst Christopher Dendrinos believes Fervo Energy’s (FRVO) shares will respond favorably to the new 396 MW power purchase agreement with Google (GOOGL). This was anticipated but comes so...
Fervo signs 396-MW geothermal power supply deal with Google; shares jump
Geothermal developer Fervo Energy said on Tuesday it had signed a deal to supply 396 megawatts of geothermal power to Alphabet's Google from its Cape Station project in Utah, sending its shares up n...
Fervo Energy Stock Soars as Bill Gates-Backed Company Scores Deal With Google
Fervo Energy stock soars after The Wall Street Journal reports Bill Gates-backed geothermal energy Fervo has signed a major deal with Google.
Fervo Energy announces 396-megawatt power purchase agreement with Google
Fervo Energy (FRVO) announced a 396-megawatt power purchase agreement with Google (GOOGL) to enable the continued development of the Cape Station enhanced geothermal systems GeoCluster, expected to co...
Fervo Energy and Google Sign 396 MW PPA
HOUSTON, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced a 396-megawatt (MW) power purchase agreement (PPA) with ...
Fervo Energy Company Slides: Investor presentation
Fervo Energy Company has posted slides in relation to its latest quarterly earnings report, which was published on September 1, 2026.
Fervo Energy Stock (FRVO) Soars 14% on 400 MW Google Power Deal — Its Biggest-Ever Contract
Shares in Fervo Energy ($FRVO) jumped by about 14% to over $17 per share early Tuesday. This came after The Wall Street Journal reported that the geothermal systems company has…
Fervo Energy signs geothermal power deal with Google, WSJ reports
Fervo Energy (FRVO) has signed a major agreement to sell power to Alphabet’s (GOOGL) (GOOG) Google from a Utah project that it expects to make into the world’s largest enhanced…
Fervo Secures Its Largest-Ever Geothermal Power Deal, With Google
The company, which counts Bill Gates as an early backer, went public in a buzzy IPO in May.
FRVO Investors Have Opportunity to Join Fervo Energy Company Fraud Investigation with SBS Law
LOS ANGELES--(BUSINESS WIRE)---- $FRVO--FRVO Investors Have Opportunity to Join Fervo Energy Company Fraud Investigation with SBS Law.