Novonix Limited (NVX)

Market Cap	227.39M
Revenue (ttm)	8.05M
Net Income (ttm)	-46.25M
Shares Out	122.25M
EPS (ttm)	-0.00
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	29,606
Open	1.870
Previous Close	1.880
Day's Range	1.830 - 1.870
52-Week Range	1.400 - 3.100
Beta	1.52
Analysts	Strong Buy
Price Target	4.00 (+115.05%)
Earnings Date	n/a

About NVX

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and carries out research and development...

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 2012
• Country: Australia
• Stock Exchange: NASDAQ
• Ticker Symbol: NVX

Financial Performance

In 2023, Novonix's revenue was $8.05 million, an increase of 32.02% compared to the previous year's $6.10 million. Losses were -$46.25 million, -10.82% less than in 2022.

Analyst Forecast

According to one analyst, the rating for NVX stock is "Strong Buy" and the 12-month stock price forecast is $4.0.

Price Target

$4.0

(115.05% upside)

Analyst Consensus: Strong Buy