In the last trading session, 2.0 million Energy Vault Holdings Inc (NYSE:NRGV) shares changed hands as the company’s beta touched 0.66. With the company’s per share price at $0.72 changed hands at -$0.05 or -6.22% during last session, the market valuation stood at $111.41M. NRGV’s last price was a discount, traded about -273.61% off its 52-week high of $2.69. The share price had its 52-week low at $0.63, which suggests the last value was 12.5% up since then. When we look at Energy Vault Holdings Inc’s average trading volume, we note the 10-day average is 2.76 million shares, with the 3-month average coming to 1.44 million.
Analysts gave the Energy Vault Holdings Inc (NRGV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 1 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NRGV as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Energy Vault Holdings Inc’s EPS for the current quarter is expected to be -0.13.
Energy Vault Holdings Inc (NYSE:NRGV) trade information
Instantly NRGV was in red as seen at the end of in last trading. With action 2.14%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -68.32%, with the 5-day performance at 2.14% in the green. However, in the 30-day time frame, Energy Vault Holdings Inc (NYSE:NRGV) is -42.22% down. Looking at the short shares, we see there were 19.23 million shares sold at short interest cover period of 30.16 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2.5, meaning bulls need an upside of 71.2% from its current market value. According to analyst projections, NRGV’s forecast low is 0.75 with 5 as the target high. To hit the forecast high, the stock’s price needs a -594.44% plunge from its current level, while the stock would need to soar -4.17% for it to hit the projected low.
Energy Vault Holdings Inc (NRGV) estimates and forecasts
Year-over-year growth is forecast to reach 406.52% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 25.04M. 4 analysts are of the opinion that Energy Vault Holdings Inc’s revenue for the current quarter will be 33.04M. The company’s revenue for the corresponding quarters a year ago was 7.76M and 3.77M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 222.74%. The estimates for the next quarter sales put growth at 776.45%.
The 2025 estimates are for Energy Vault Holdings Inc earnings to increase by 57.82%, but the outlook for the next 5-year period is at 55.54% per year.
NRGV Dividends
Energy Vault Holdings Inc is expected to release its next quarterly earnings report on 2025-Mar-16.
Energy Vault Holdings Inc (NYSE:NRGV)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 21.78% of Energy Vault Holdings Inc shares while 43.07% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 55.06%. There are 43.07% institutions holding the Energy Vault Holdings Inc stock share, with SB INVESTMENT ADVISERS (UK) LTD the top institutional holder. As of 2024-06-30, the company held 12.4281% of the shares, roughly 18.54 million NRGV shares worth $17.6 million.
SAILINGSTONE CAPITAL PARTNERS LLC holds the second largest percentage of outstanding shares, with 5.4628% or 8.15 million shares worth $7.74 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Victory Portfolios-Victory Global Energy Transition Fund and iShares Trust-iShares Russell 2000 ETF . With 4.81 shares estimated at $3.48 million under it, the former controlled 3.16% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 1.74% of the shares, roughly 2.65 shares worth around $1.91 million.
