Fervo Energy Company (FRVO)
| Market Cap | 10.30B |
| 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 | 928,226 |
| Open | 37.18 |
| Previous Close | 36.49 |
| Day's Range | 35.70 - 37.33 |
| 52-Week Range | 32.39 - 42.65 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 45.73 (+25.87%) |
| Earnings Date | Jun 22, 2026 |
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 StatementsAnalyst Summary
According to 12 analysts, the average rating for FRVO stock is "Buy." The 12-month stock price target is $45.73, which is an increase of 25.87% from the latest price.
News
Fervo Energy initiated with an Outperform at Bernstein
Bernstein initiated coverage of Fervo Energy (FRVO) with an Outperform rating and $47 price target The firm launched coverage on the power, clean energy, and liquified natural gas sectors with…
Don’t Fancy SpaceX (SPCX)? Here Are 4 Hot IPO Stocks Analysts Love
Elon Musk’s rocket company SpaceX ($SPCX) captured the world’s attention on Friday after its historic debut on Nasdaq. However, Cerebras Systems ($CBRS), Fervo Energy ($FRVO), GMR Solutions ($GMRS), a...
Fervo Energy to Report First Quarter 2026 Results on June 22, 2026
HOUSTON, June 12, 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 initiated with a Buy at Roth Capital
Roth Capital initiated coverage of Fervo Energy (FRVO) with a Buy rating and $45 price target The firm, which views Fervo as “the leading pure-play Enhanced Geothermal Systems developer,” sees…
Fervo Energy promotes Sarah Jewett to COO
Fervo Energy (FRVO) announced the promotion of Sarah Jewett to COO. With the appointment, Jewett takes leadership of the company’s core corporate operations. Her promotion follows six years of leaders...
Fervo Energy Names Sarah Jewett Chief Operating Officer as Geothermal Build-Out Accelerates
A Media Snippet accompanying this announcement is available by clicking on this link. HOUSTON, June 10, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), the global pioneer of next-generation geot...
Fervo Energy initiated with an Outperform at William Blair
William Blair initiated coverage of Fervo Energy (FRVO) with an Outperform rating with a $43 fair value estimate. Fervo’s enhanced geothermal system technology “provides a critical solution” as the ge...
Fervo Energy initiated with a Neutral at BofA on valuation
BofA analyst Ross Fowler initiated coverage of Fervo Energy (FRVO) with a Neutral rating and $40 price target calling it “a high-quality story already carrying a full valuation.” The asset…
Fervo Energy initiated with a Neutral at BofA
BofA initiated coverage of Fervo Energy (FRVO) with a Neutral rating and $40 price target
Fervo Energy initiated with an Overweight at Piper Sandler
Piper Sandler analyst Derek Podhaizer last night initiated coverage of Fervo Energy (FRVO) with an Overweight rating and $51 price target The company is at the center of the geothermal…
JPMorgan starts Fervo at Overweight, adds to Analyst Focus List
JPMorgan initiated coverage of Fervo Energy (FRVO) with an Overweight rating and $47 price target JPMorgan also added the stock to its Analyst Focus List as a growth idea. Fervo…
Fervo Energy initiated with an Outperform at Bernstein
Bernstein analyst Bob Brackett initiated coverage of Fervo Energy (FRVO) with an Outperform rating and $47 price target The company has a proven product, locked-in contracts, intellectual property, an...
Fervo Energy initiated with an Outperform at Baird
Baird analyst Ben Kallo initiated coverage of Fervo Energy (FRVO) with an Outperform rating and $47 price target The firm says Fervo is the market leader in enhanced geothermal systems…
Fervo Energy initiated with an Overweight at Barclays
Barclays initiated coverage of Fervo Energy (FRVO) with an Overweight rating and $47 price target The company is unlocking the power of geothermal, the analyst tells investors in a research…
Fervo Energy initiated with an Outperform at RBC Capital
RBC Capital analyst Christopher Dendrinos initiated coverage of Fervo Energy (FRVO) with an Outperform rating and $46 price target The firm says Fervo is the market leader and first mover…
Fervo Energy initiated with an Overweight at Piper Sandler
Piper Sandler analyst Derek Podhaizer initiated coverage of Fervo Energy (FRVO) with an Overweight rating and $51 price target
Fervo Energy initiated with a Buy at Guggenheim
Guggenheim analyst Joseph Osha initiated coverage of Fervo Energy (FRVO) with a Buy rating and $48 price target
A Hot IPO Lifts Geothermal Power Companies
The overlooked technology is getting a second life with high demand from the tech sector.
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 ...