Fervo Energy Company (FRVO)
| Market Cap | 10.65B |
| Revenue (ttm) | 138,000 -30.7% |
| Net Income | -70.52M |
| EPS | -5.66 |
| Shares Out | 283.56M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 889,073 |
| Open | 38.67 |
| Previous Close | 38.70 |
| Day's Range | 35.82 - 39.00 |
| 52-Week Range | 35.50 - 42.65 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About FRVO
Fervo Energy Company operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling, advanced computational models, and distributed fiber optic sensing that increase the productivity and lifetime of geothermal wells. The company employs precision directional drilling technology to drill horizontally in geothermal reservoirs and develops a data analytics algorithm that enables the identification of existing resources and optimizes flow distribution through... [Read more]
Financial Performance
Financial StatementsNews
Fervo Energy initiated with a Hold at Jefferies
Jefferies analyst Julien Dumoulin-Smith initiated coverage of Fervo Energy (FRVO) with a Hold rating and $42 price target Fervo is a pure-play enhanced geothermal systems developer set to deploy the…
A Hot IPO Lifts Geothermal Power Companies
The overlooked technology is getting a second life with high demand from the tech sector.
Fervo Energy indicated to open at $40, IPO priced at $27
Fervo Energy (FRVO) priced 70M shares at $27.00. The deal priced above the $25.00-$26.00 target range. JPMorgan, BofA, RBC Capital and Barclays are acting as joint book running managers for…
Fervo Energy opens at $36, IPO priced at $27 per share
Fervo Energy (FRVO) priced 70M shares at $27.00. The deal priced above the $25.00-$26.00 target range. Fervo Energy offers large-scale deployment of geothermal systems that it says combines the applic...
Fervo Energy soars 30% in Nasdaq debut as AI power demand ignites IPO
Houston-based geothermal startup Fervo Energy surged in its Nasdaq debut on Wednesday, underscoring investor enthusiasm for companies positioned to benefit from the artificial intelligence-driven elec...
Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand
Fervo Energy, the geothermal energy startup, saw its market valuation surpass $10 billion in its public market debut, an increase driven by demand for AI data centers — and the energy that can power t...
Geothermal-Champion Fervo Energy's Shares Soar in Trading Debut
The IPO values the energy company, backed by Bill Gates and Google, at about $7.7 billion.
Fervo Energy valued at $10.21 billion as shares rise in Nasdaq debut
Fervo Energy shares rose 33.3% in its Nasdaq debut on Wednesday, giving the geothermal energy developer a valuation of $10.21 billion.
A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth's heat, raised $1.9 billion in an initial public offering.
Fervo Energy raises $1.89 billion in US IPO
Geothermal energy developer Fervo Energy said on Tuesday it has raised $1.89 billion in its upsized U.S. initial public offering.
Fervo Energy Announces Pricing of its Upsized Initial Public Offering
HOUSTON, May 12, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (“Fervo” or the “Company”) today announced the pricing of its upsized initial public offering (“IPO”) of 70,000,000 shares of its Class A common ...
Fervo Energy Announces Upsized Proposed Initial Public Offering
HOUSTON, May 11, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (“Fervo” or the “Company”) today announced it has upsized its proposed initial public offering (“IPO”) of its Class A common stock. The Company p...
Fervo Energy eyes $7.4 billion valuation in upsized US IPO
Fervo Energy said on Monday it was targeting up to $7.37 billion valuation in its U.S. upsized initial public offering, underscoring strong investor interest for the listing.
These 3 Big AI IPOs Could Test Demand Before SpaceX Debuts
Cerebras Systems, Blackstone Digital Infrastructure Trust and Fervo Energy are poised to go public next week, giving investors an early read on appetite for AI-related IPOs.
Geothermal startup Fervo Energy to raise up to $1.3B in IPO
Geothermal startup Fervo Energy said Monday it hopes to raise up to $1.3 billion in its initial public offering.
Fervo Energy Announces Launch of its Initial Public Offering
HOUSTON, May 04, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (“Fervo” or the “Company”) today announced the launch of the Company's roadshow for its initial public offering (“IPO”) of 55,555,555 shares of i...
Fervo Energy eyes $6.5 billion valuation in US IPO
Fervo Energy said on Monday it was targeting a valuation of up to $6.5 billion in its initial public offering in the United States.
American Lending Center Announces Full Repayment of $146 Million EB-5 Senior Loan for Fervo Energy's Cape Station
IRVINE, Calif.--(BUSINESS WIRE)--American Lending Center Announces Complete Repayment of $146 Million EB-5 Senior Loan for Fervo Energy's Cape Station.
Fervo Energy Publicly Announces Filing of Registration Statement for Proposed Initial Public Offering
HOUSTON, April 17, 2026 (GLOBE NEWSWIRE) -- Fervo Energy today announced it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relatin...
Fervo Energy files for US IPO
Energy company Fervo Energy filed for an initial public offering in the United States on Friday.
Fervo Energy Company IPO Registration Document (S-1)
Fervo Energy Company has filed to go public with an IPO on the NASDAQ