NeoVolta Inc. (NEOV)

NASDAQ: NEOV · IEX Real-Time Price · USD
2.34
-0.18 (-7.14%)
At close: Sep 27, 2023, 4:00 PM
2.26
-0.08 (-3.42%)
Pre-market: Sep 28, 2023, 6:59 AM EDT
-7.14%
Market Cap 77.58M
Revenue (ttm) 3.46M
Net Income (ttm) -2.64M
Shares Out 33.16M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 77,975
Open 2.52
Previous Close 2.52
Day's Range 2.34 - 2.60
52-Week Range 1.11 - 5.36
Beta -0.21
Analysts Strong Buy
Price Target 5.00 (+113.68%)
Earnings Date Sep 22, 2023

About NEOV

NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It 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. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was formed in 2018 and is headquartered in Poway, California. [Read more]

Sector Industrials
Founded 2018
Employees 7
Stock Exchange NASDAQ
Ticker Symbol NEOV
Full Company Profile

Financial Performance

In 2023, NeoVolta's revenue was $3.46 million, a decrease of -22.75% compared to the previous year's $4.47 million. Losses were -$2.64 million, -54.52% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NEOV stock is "Strong Buy" and the 12-month stock price forecast is $5.0.

Price Target
$5.0
(113.68% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NeoVolta Partners with Mosaic for Solar Battery Storage Financing Options, Fast-Tracks Technology on Anticipation of Growing Power Outage Concerns

San Diego solar battery storage company NeoVolta (Nasdaq:NEOV) partners with Mosaic to help more homeowners finance energy storage purchases and escape the detriments of power outages San Diego solar ...

15 days ago - GlobeNewsWire

Neovolta (NEOV) Energy Storage Systems (ESS) Withstand Record-Setting Heat in Southwest United States as Homeowners Brace for Potential Heat-Related Power Disruptions

San Diego solar battery storage company reports flawless performance throughout some of America's hottest regions, including Death Valley-adjacent Pahrump, Nevada San Diego solar battery storage compa...

2 months ago - GlobeNewsWire

NeoVolta, Solar Battery Manufacturer, Slated to Join Russell Microcap® Index

POWAY, Calif., June 13, 2023 (GLOBE NEWSWIRE) -- NeoVolta (NASDAQ: NEOV), a solar battery manufacturer and developer of smart residential energy storage solutions, will join the Russell Microcap ® Ind...

3 months ago - GlobeNewsWire

U.S. Power Grid Reliability Is At Risk This Summer, Highlighting the Need for NeoVolta Battery Backup

NERC's Summer Reliability Assessment Warns of Resource Inadequacy Due to Underprepared Generation and Transmission Facilities, Emissions Restrictions, and Peak Demand NERC's Summer Reliability Assessm...

4 months ago - GlobeNewsWire

NeoVolta's Backup System Saves MDX Labs' Lifesaving Medications During Multiple Grid Outages

Commercial Battery Backup System Has Prevented the Loss of MDX's Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures Commercial Battery Backup System Has Prevented ...

5 months ago - GlobeNewsWire

NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech

SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance pl...

5 months ago - GlobeNewsWire

NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers

NeoVolta's Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years NeoVolta's Energy Storage and Intelligent Power Management Will ...

7 months ago - GlobeNewsWire

NeoVolta NV14 Recognized by Solar Power World as a Top Solar Storage Product of 2022

Safe, High-Capacity NV14 System Honored for Fourth Consecutive Year as Nationwide Rollout Continues Safe, High-Capacity NV14 System Honored for Fourth Consecutive Year as Nationwide Rollout Continues

7 months ago - GlobeNewsWire

NeoVolta Poised for California's NEM Incentives to Pair Solar with Battery Storage

Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters Additional $630 Million in California State Funding Set Aside to Support Res...

8 months ago - GlobeNewsWire

EOS Linx Increases EV Chargers by 2600% in Second Year, Plans to Deploy Mobile App in 2023

The leader in EV charging expects 4,000 sockets to be operational in 2023 BRENTWOOD, Tenn. , Dec. 22, 2022 /PRNewswire/ -- EOS Linx, an owner and operator of a growing national, solar-supported electr...

9 months ago - PRNewsWire

EOS Linx Appoints NeoVolta Founder and CEO Brent Willson to its Board of Directors

BRENTWOOD, Tenn. , Oct. 26, 2022 /PRNewswire/ -- EOS Linx, the leader in solar-supported electric vehicle (EV) chargers equipped with data-driven and digital advertising displays, has added NeoVolta F...

1 year ago - PRNewsWire

NeoVolta Selected by American Development Partners for Nationwide Integration

A Nationwide Buildout of 750 Pain Management Clinics will all feature a NeoVolta NV14 plus NV24 ESS as a key component of ADP's energy savings and backup protection systems A Nationwide Buildout of 75...

1 year ago - GlobeNewsWire

NeoVolta Systems to be Deployed in EOS Linx EV Charging Stations at Major Hotel Brand

Continues Expected Rollout of 1,000 NeoVolta Systems at Hotel Chains, Gas Stations, and Convenience Stores Nationwide Continues Expected Rollout of 1,000 NeoVolta Systems at Hotel Chains, Gas Stations...

1 year ago - GlobeNewsWire

NeoVolta Systems to be Deployed in EOS Linx EV Charging Stations at Select National Gas Locations

Partnership to Include Expected Nationwide Rollout of 1,000 Systems in Various Gas Stations, Convenience Stores, and Hotel Chains Across the Country Partnership to Include Expected Nationwide Rollout ...

1 year ago - GlobeNewsWire

NeoVolta Systems to be Deployed in EOS Linx EV Charging Stations at Select bp Locations

Partnership to Include Expected Nationwide Rollout of 1,000 Systems in Various Gas Stations, Convenience Stores, and Hotel Chains Across the Country Partnership to Include Expected Nationwide Rollout ...

1 year ago - GlobeNewsWire

NeoVolta Energy Storage Systems Eligible for 30% in Tax Credits Under the $369 Billion Climate Spending Package

For the First Time Ever, Energy Storage Systems Qualify as a Stand-Alone Credit For the First Time Ever, Energy Storage Systems Qualify as a Stand-Alone Credit

1 year ago - GlobeNewsWire

EOS Linx Selects NeoVolta as its Battery Supplier for EOS Charge Station Deployments through 2023

EOS Linx continues strong relationship with NeoVolta Energy Storage System for Superior Power Management Technology and Battery Chemistry BRENTWOOD, Tenn. , Aug. 11, 2022 /PRNewswire/ -- EOS Linx (EOS...

1 year ago - PRNewsWire

NeoVolta Announces Closing of Underwriters' Option to Purchase Additional Shares of Common Stock in Connection with its Underwritten Public Offering

SAN DIEGO, Aug. 05, 2022 (GLOBE NEWSWIRE) -- NeoVolta, Inc. (“NeoVolta” or the “Company”) (NASDAQ: NEOV, NEOVW), manufacturer of Smart Energy Storage Solutions, announced today the closing of the sale...

1 year ago - GlobeNewsWire

NeoVolta Adds $555,700 in Purchase Orders

NeoVolta's Distributor, PMP Energy, Sees Continued Demand for NeoVolta Products NeoVolta's Distributor, PMP Energy, Sees Continued Demand for NeoVolta Products

1 year ago - GlobeNewsWire

NeoVolta Announces Closing of $3.9 Million Public Offering Priced at a Premium to Market and Uplisting to Nasdaq

SAN DIEGO, Aug. 01, 2022 (GLOBE NEWSWIRE) -- NeoVolta, Inc. (“NeoVolta” or the “Company”) (NASDAQ: NEOV, NEOVW), manufacturer of Smart Energy Storage Solutions, today announced the closing of its prev...

1 year ago - GlobeNewsWire

NeoVolta Announces Pricing of $3.9 Million Public Offering Priced at a Premium to Market and Uplisting to Nasdaq

SAN DIEGO, July 27, 2022 (GLOBE NEWSWIRE) -- NeoVolta, Inc. (“NeoVolta” or the “Company”) (NASDAQ: NEOV, NEOVW), manufacturer of Smart Energy Storage Solutions, today announced the pricing of its unde...

1 year ago - GlobeNewsWire

NeoVolta Listed as One of the Most Affordable Residential Energy Storage Systems by EnergySage

NeoVolta's NV14 Installed Cost per kWh Lower than 20 Other Listed Brands in the Solar Marketplace Intel Report NeoVolta's NV14 Installed Cost per kWh Lower than 20 Other Listed Brands in the Solar Mar...

1 year ago - GlobeNewsWire

NeoVolta's 6,000-Cycle Home Solar Battery Receives UL Safety Certification

Advanced Thermal Runaway Protection Highlights NeoVolta's Commitment to Safe Battery Technology Advanced Thermal Runaway Protection Highlights NeoVolta's Commitment to Safe Battery Technology

1 year ago - GlobeNewsWire

NeoVolta Receives Purchase Orders of $575,900

NeoVolta and PMP Energy Continue Distribution Agreement Worth Up To $15 Million NeoVolta and PMP Energy Continue Distribution Agreement Worth Up To $15 Million

1 year ago - GlobeNewsWire

NeoVolta NV14 Recognized by Solar Power World as a Top Solar Storage Product of 2021

Third Consecutive Year the Safe, High-Capacity NV14 Has Been Recognized Third Consecutive Year the Safe, High-Capacity NV14 Has Been Recognized

1 year ago - GlobeNewsWire