NeoVolta Inc. (NEOV)

Market Cap	173.15M
Revenue (ttm)	2.47M
Net Income (ttm)	-2.84M
Shares Out	33.36M
EPS (ttm)	-0.09
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	162,589
Open	5.34
Previous Close	5.45
Day's Range	5.02 - 5.39
52-Week Range	0.63 - 6.11
Beta	-0.40
Analysts	Strong Buy
Price Target	7.50 (+44.51%)
Earnings Date	Feb 7, 2025

About NEOV

NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. The company provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. NeoVolta Inc. markets and sells its products directly to certified solar installers and solar equipment distributors. The company was founded in 2018 and is headquartered in Poway, California.

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 2018
• Employees: 10
• Stock Exchange: NASDAQ
• Ticker Symbol: NEOV
• Website: https://www.neovolta.com

Financial Performance

In 2024, NeoVolta's revenue was $2.65 million, a decrease of -23.46% compared to the previous year's $3.46 million. Losses were -$2.30 million, -12.75% less than in 2023.

Analyst Forecast

According to one analyst, the rating for NEOV stock is "Strong Buy" and the 12-month stock price forecast is $7.5.

Price Target

$7.5

(44.51% upside)

Analyst Consensus: Strong Buy