Fervo Energy Company (FRVO)
| Market Cap | 5.33B |
| Revenue (ttm) | 312,000 -30.7% |
| Net Income | -144.53M |
| EPS | -3.12 |
| Shares Out | 294.65M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,498,992 |
| Open | 19.49 |
| Previous Close | 19.76 |
| Day's Range | 17.56 - 19.69 |
| 52-Week Range | 16.89 - 42.65 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 42.82 (+136.58%) |
| 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 12 analysts, the average rating for FRVO stock is "Buy." The 12-month stock price target is $42.82, which is an increase of 136.58% from the latest price.
News
Fervo Energy falls -10.2%
Fervo Energy (FRVO) is down -10.2%, or -$2.46 to $21.71.
Fervo Energy price target lowered to $35 from $50 at Baird
Baird lowered the firm’s price target on Fervo Energy (FRVO) to $35 from $50 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results…
Fervo Energy Company Earnings Call Transcript: Q2 2026
Expanded project pipeline and secured $2.04B in IPO proceeds, enabling accelerated geothermal development and a 2030 capacity target increase to 1.1 GW. Q2 saw a $55.9M net loss and $226.5M in capex, with $7.2B in contracted backlog and strong demand from utilities and hyperscalers.
Fervo Energy Company Slides: Q2 2026
Fervo Energy Company has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 12, 2026.
Fervo Energy Company Earnings release: Q2 2026
Fervo Energy Company released its Q2 2026 earnings on August 12, 2026, summarizing the period's financial results.
Fervo Energy Company Quarterly report: Q2 2026
Fervo Energy Company has published its Q2 2026 quarterly earnings report on August 12, 2026.
Fervo Energy Reports Second Quarter 2026 Results
HOUSTON, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Fervo Energy Company (“Fervo” or the “Company”) (NASDAQ: FRVO), the global pioneer of next-generation geothermal energy, today reported financial and operati...
Fervo Energy to Report Second Quarter 2026 Results on August 12, 2026
HOUSTON, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (“Fervo” or the “Company”) (NASDAQ: FRVO), a global pioneer of next-generation geothermal energy, today announced that it will release second qu...
Fervo Energy upgraded to Buy from Hold at Jefferies
Jefferies analyst Julien Dumoulin-Smith upgraded Fervo Energy (FRVO) to Buy from Hold with a price target of $34, down from $41. The firm cites valuation for the upgrade with the…
Fervo Energy upgraded to Buy from Neutral at BofA
BofA upgraded Fervo Energy (FRVO) to Buy from Neutral with a price target of $36, down from $40. The recent Sawtooth 7 drilling result strengthens the firm’s conviction in Fervo’s…
Fervo Energy Learning Curve Continues on 3rd Generation Well Design, Boosting Drilling Rates by 143% Since Its First Cape Station Well
Sawtooth 7 sets a new drilling pace record, reaching 19,448 feet measured depth with a 7,500-foot lateral in 21 days Sawtooth 7 sets a new drilling pace record, reaching 19,448 feet measured depth wit...
Fervo Energy falls -16.2%
Fervo Energy (FRVO) is down -16.2%, or -$4.52 to $23.36.
Fervo Energy falls -10.6%
Fervo Energy (FRVO) is down -10.6%, or -$2.96 to $24.92.
Fervo Energy price target raised to $48 from $47 at Barclays
Barclays raised the firm’s price target on Fervo Energy (FRVO) to $48 from $47 and keeps an Overweight rating on the shares. The company, on its first earnings call, reiterated…
Fervo Energy price target raised to $50 from $47 at Baird
Baird analyst Ben Kallo raised the firm’s price target on Fervo Energy (FRVO) to $50 from $47 and keeps an Outperform rating on the shares. The firm updated its model…
Fervo Energy stock jumps on Nvidia AI partnership despite wider-than-expected loss
Shares of Fervo Energy FRVO surged on Monday as investors looked past a wider-than-expected quarterly loss and instead focused on the geothermal company's new artificial intelligence partnership with ...
Fervo Energy Company Earnings Call Transcript: Q1 2026
Raised $2.2B in a landmark IPO, advancing flagship Cape Station and expanding a 42 GW pipeline. Q1 saw a $31.8M net loss and $172.8M in CapEx, with strong PPA backlog and new tech partnerships driving growth. Commercial momentum and robust demand support an accelerated outlook.
Fervo Energy Company Earnings release: Q1 2026
Fervo Energy Company released its Q1 2026 earnings on June 22, 2026, summarizing the period's financial results.
Fervo Energy Company Quarterly report: Q1 2026
Fervo Energy Company has published its Q1 2026 quarterly earnings report on June 22, 2026.
This Bill Gates-Backed Energy Stock Is Rising After Weak Earnings. A Deal With Nvidia Is the Reason.
Fervo Energy stock advances after announcing a Nvidia partnership.
Fervo Energy Reports First Quarter 2026 Results
HOUSTON, June 22, 2026 (GLOBE NEWSWIRE) -- Fervo Energy Company (“Fervo” or the “Company”) (NASDAQ: FRVO), a leading technology-enabled independent power producer of Enhanced Geothermal Systems (EGS),...
Fervo Energy, Nvidia, PNNL announce agreement to develop EGS-Twin
Fervo Energy (FRVO), Nvidia (NVDA), and Pacific Northwest National Laboratory, announced an agreement to develop a next-generation digital twin platform for Enhanced Geothermal Systems technology, kno...
Fervo Energy and PNNL Leverage AI and NVIDIA Accelerated Computing for New Digital Twin Platform Designed to Advance Geothermal Development
New platform will integrate real-time field data, physics-based modeling, and AI to advance critical geothermal infrastructure and maximize power generation New platform will integrate real-time field...
Fervo Energy initiated with an Outperform at Bernstein
Bernstein initiated coverage of Fervo Energy (FRVO) with an Outperform rating and $47 price target The firm launched coverage on the power, clean energy, and liquified natural gas sectors with…