In the last trading session, 1.86 million shares of the Energy Vault Holdings Inc (NYSE:NRGV) were traded, and its beta was 0.61. Most recently the company’s share price was $0.95, and it changed around $0.04 or 4.48% from the last close, which brings the market valuation of the company to $145.02M. NRGV currently trades at a discount to its 52-week high of $2.69, offering almost -183.16% off that amount. The share price’s 52-week low was $0.78, which indicates that the current value has risen by an impressive 17.89% since then. We note from Energy Vault Holdings Inc’s average daily trading volume that its 10-day average is 2.25 million shares, with the 3-month average coming to 1.39 million.
Energy Vault Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended NRGV as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. Energy Vault Holdings Inc is expected to report earnings per share of -0.13 for the current quarter.
Energy Vault Holdings Inc (NYSE:NRGV) trade information
Instantly NRGV has showed a green trend with a performance of 4.48% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.1800 on recent trading dayincreased the stock’s daily price by 19.49%. The company’s shares are currently down -58.19% year-to-date, but still down -17.10% over the last five days. On the other hand, Energy Vault Holdings Inc (NYSE:NRGV) is -40.04% down in the 30-day period. We can see from the shorts that 18.69 million shares have been sold at a short interest cover period of 26.84 day(s).
The consensus price target as assigned by Wall Street analysts is $2.5, which translates to bulls needing to increase their stock price by 62.0% from its current value. Analyst projections state that NRGV is forecast to be at a low of $0.75 and a high of $5.
Energy Vault Holdings Inc (NRGV) estimates and forecasts
The year-over-year growth rate is expected to be 406.52%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 25.04M in revenue for the current quarter. 4 analysts expect Energy Vault Holdings Inc to make 33.04M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 7.76M and 3.77M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 222.74%. Forecasts for the next quarter put sales growth at 776.45%.
Energy Vault Holdings Inc earnings are expected to increase by 57.69% in 2025, but the outlook is positive 55.54% per year for the next five years.
NRGV Dividends
Energy Vault Holdings Inc’s next quarterly earnings report is expected to be released on 2025-Mar-16.
Energy Vault Holdings Inc (NYSE:NRGV)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 19.69% of Energy Vault Holdings Inc shares, and 43.36% of them are in the hands of institutional investors. The stock currently has a share float of 53.99%. Energy Vault Holdings Inc stock is held by 161.0 institutions, with SB INVESTMENT ADVISERS (UK) LTD being the largest institutional investor. By 2024-06-30, it held 12.4281% of the shares, which is about 18.54 million shares worth $17.6 million.
SAILINGSTONE CAPITAL PARTNERS LLC, with 5.4628% or 8.15 million shares worth $7.74 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Victory Global Energy Transition Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 4.81 shares worth $4.59 million, making up 3.16% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 2.79 shares worth around $2.66 million, which represents about 1.83% of the total shares outstanding.
