During the last session, Energy Vault Holdings Inc (NYSE:NRGV)’s traded shares were 1.3 million, with the beta value of the company hitting 0.71. At the end of the trading day, the stock’s price was $0.76, reflecting an intraday gain of 9.73% or $0.07. The 52-week high for the NRGV share is $2.69, that puts it down -253.95 from that peak though still a striking 21.05% gain since the share price plummeted to a 52-week low of $0.60. The company’s market capitalization is $116.72M, and the average trade volume was 1.50 million shares over the past three months.
Energy Vault Holdings Inc (NRGV) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. NRGV has a Sell rating from 1 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.13.
Energy Vault Holdings Inc (NYSE:NRGV) trade information
Energy Vault Holdings Inc (NRGV) registered a 9.73% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.73% in intraday trading to $0.76, hitting a weekly high. The stock’s 5-day price performance is 1.14%, and it has moved by -1.60% in 30 days. Based on these gigs, the overall price performance for the year is -40.42%.
The consensus price target of analysts on Wall Street is $2.5, which implies an increase of 69.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $0.75 and $5 respectively. As a result, NRGV is trading at a discount of -557.89% off the target high and 1.32% off the low.
Energy Vault Holdings Inc (NRGV) estimates and forecasts
In the rating firms’ projections, revenue will increase 406.52% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 25.04M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 33.04M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 7.76M and 3.77M respectively. In this case, analysts expect current quarter sales to grow by 222.74% and then jump by 776.45% in the coming quarter.
While earnings are projected to return 57.82% in 2025, the next five years will return 55.54% per annum.
NRGV Dividends
Energy Vault Holdings Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 8.15 million shares, is of SAILINGSTONE CAPITAL PARTNERS LLC’s that is approximately 5.4628% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.74 million.
Also, the Mutual Funds coming in first place with the largest holdings of Energy Vault Holdings Inc (NRGV) shares are Victory Portfolios-Victory Global Energy Transition Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Dec 31, 2024 indicates that Victory Portfolios-Victory Global Energy Transition Fund owns about 4.81 shares. This amounts to just over 3.12 percent of the company’s overall shares, with a $3.64 million market value. The same data shows that the other fund manager holds slightly less at 2.71, or about 1.76% of the stock, which is worth about $2.05 million.
