Energy Vault Holdings, Inc. (NRGV)

NYSE: NRGV · Real-Time Price · USD
1.555
+0.105 (7.22%)
Nov 19, 2024, 11:39 AM EST - Market open
7.22%
Market Cap 236.55M
Revenue (ttm) 130.96M
Net Income (ttm) -96.09M
Shares Out 152.12M
EPS (ttm) -0.65
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 503,588
Open 1.430
Previous Close 1.450
Day's Range 1.430 - 1.615
52-Week Range 0.780 - 2.680
Beta 0.44
Analysts Hold
Price Target 1.95 (+25.4%)
Earnings Date Nov 12, 2024

About NRGV

Energy Vault Holdings, Inc. develops and sells energy storage solutions. The company offers B-Vault, an electrochemical battery energy storage systems for shorter-duration energy storage needs; G-Vault, a proprietary gravity energy storage solution, including EVx solution; and H-Vault, a hybrid energy storage systems including systems that integrate green hydrogen. Its software solutions includes Vault-OS, an energy management system the management of one or more diverse storage mediums; Vault-Bidder that utilizes machine learning algorithms to... [Read more]

Sector Utilities
Founded 2017
Employees 183
Stock Exchange NYSE
Ticker Symbol NRGV
Full Company Profile

Financial Performance

In 2023, Energy Vault Holdings's revenue was $341.54 million, an increase of 134.13% compared to the previous year's $145.88 million. Losses were -$98.44 million, 25.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for NRGV stock is "Hold." The 12-month stock price forecast is $1.95, which is an increase of 25.40% from the latest price.

Price Target
$1.95
(25.40% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Energy Vault Holdings, Inc. (NRGV) Q3 2024 Earnings Call Transcript

Energy Vault Holdings, Inc. (NYSE:NRGV) Q3 2024 Earnings Call November 12, 2024 4:30 PM ET Company Participants Michael Beer - Chief Financial Officer Robert Piconi - Chairman and Chief Executive Off...

6 days ago - Seeking Alpha

Energy Vault Reports Third Quarter 2024 Financial Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial...

6 days ago - Business Wire

Energy Vault Announces FID Approval for 57 MW Cross Trails Battery Energy Storage System in Texas and 10-Year Offtake Agreement with Gridmatic

WESTLAKE VILLAGE, Calif. & CUPERTINO, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage s...

11 days ago - Business Wire

Energy Vault Announces Compliance with NYSE Continued Listing Criteria

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced that...

15 days ago - Business Wire

Energy Vault EVx™ Gravity Energy Storage Technology Named a TIME Best Invention of 2024

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, is honored...

20 days ago - Business Wire

Energy Vault: Upgrading To A Buy As Delisting Risk Abates

Energy Vault's stock surged after a $350M deal with Enervest Group, removing delisting risk and improving revenue visibility. Despite short-term revenue struggles, Energy Vault's long-term outlook is ...

27 days ago - Seeking Alpha

Energy Vault and Enervest Announce Agreement for 1.0 GWh Energy Storage Project for the Stoney Creek Battery Energy Storage System in New South Wales, Australia

WESTLAKE VILLAGE, Calif. & MELBOURNE, Australia--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storag...

4 weeks ago - Business Wire

Energy Vault Schedules Conference Call to Discuss Third Quarter 2024 Financial Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable grid-scale energy storage solutions, announced today that...

5 weeks ago - Business Wire

Energy Vault Continues to Execute on Growth Strategy with Ownership of Energy Storage Projects and Launches Project Financing

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a leader in sustainable, grid-scale energy storage solutions, today announced continued progress i...

6 weeks ago - Business Wire

Energy Vault Holdings, Inc. Announces Inducement Grants Under NYSE Listing Rule 303A.08

LUGANO, Switzerland & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a global energy storage company today announced that, effective on September...

7 weeks ago - Business Wire

Energy Vault Achieves Highest 2024 ESG Score Among Energy Storage Companies in its Industry to Date from S&P Global Ratings

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, announced today it receive...

7 weeks ago - Business Wire

Energy Vault Holdings, Inc. Receives Notice of Non-Compliance With Continued Listing Standard from NYSE

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a global energy storage company today announced that it received notice from the New York Stock Ex...

2 months ago - Business Wire

Energy Vault Turns to Gravity For Energy Storage

Rob Piconi, CEO of Energy Vault, joins Bloomberg Intelligence to discuss their recent company earnings and what it takes to use gravity to store renewable energy.

3 months ago - Bloomberg Markets and Finance

Energy Vault Holdings, Inc. (NRGV) Q2 2024 Earnings Call Transcript

Energy Vault Holdings, Inc. (NYSE:NRGV) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Michael Beer - Chief Financial Officer Robert Piconi - Chief Executive Officer ...

3 months ago - Seeking Alpha

Energy Vault Reports Second Quarter 2024 Financial Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial...

3 months ago - Business Wire

Energy Vault and Carbosulcis Announce 100MW Hybrid Gravity Energy Storage Project to Accelerate Carbon Free Technology Hub at Italy's Largest Former Coal Mining Site in Sardinia

WESTLAKE VILLAGE, Calif. & NURAXI FIGUS, Italy--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage...

3 months ago - Business Wire

Energy Vault Announces Progress on Growth Initiatives, Diversified Storage Portfolio and Hiring of New Global Head of Sales

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced str...

4 months ago - Business Wire

Energy Vault Announces Supply of B-Vault Energy Storage System and Start Commercial Operations of 100MW/200MWh Jupiter Power Battery Energy Storage System at St. Gall

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today anno...

4 months ago - Business Wire

Energy Vault Schedules Conference Call to Discuss Second Quarter 2024 Financial Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today that...

4 months ago - Business Wire

Keep Energy Vault On Your Radar Despite Big Revenue Drop In 2024

Energy Vault Inc. deployed the world's first grid-scale gravity energy storage system in China, partnering with various companies and government agencies. Despite a significant drop in stock price, En...

5 months ago - Seeking Alpha

Energy Vault Executes EPC and O&M Contract with ACEN Australia for 200 MW/400 MWh of Battery Energy Storage Deployments

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced the execut...

6 months ago - Business Wire

Energy Vault and Skidmore, Owings & Merrill (SOM) Announce Exclusive Global Gravity Energy Storage Partnership to Integrate Energy Storage into Building Design

WESTLAKE VILLAGE, Calif. & NEW YORK--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, and Skidmore, O...

6 months ago - Business Wire

Inszone Insurance Services Marks 15th Acquisition in Texas with Addition of Brazos Valley Insurance Agency

SACRAMENTO, Calif.--(BUSINESS WIRE)-- #agencyacquisition--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, proudly announces its 15th ac...

Other symbols: ADN
6 months ago - Business Wire

Wasabi Technologies Delivers Flexible Hybrid Cloud Storage Solutions for Data Protection

BOSTON--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced a collaboration with Dell Technologies, via the Extended Technologies Complete program to bring affordable ...

Other symbols: BPOP
6 months ago - Business Wire

Energy Vault, ACEN Australia Announce Agreement for 400 MWh of Battery Energy Storage Deployments

WESTLAKE VILLAGE, Calif. & NEW SOUTH WALES, Australia--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, and ACE...

6 months ago - Business Wire