Energy Vault Holdings Inc (NYSE:NRGV) has a beta value of -90.69% and has seen 1.67 shares traded in the last trading session. The company, currently valued at $125.76M, closed the last trade at $0.89 per share which meant it lost -$0.73 on the day or 0.81% during that session. The NRGV stock price is -202.25% off its 52-week high price of $2.69 and 32.58% above the 52-week low of $0.60.
The consensus among analysts is that Energy Vault Holdings Inc (NRGV) is Buy stock at the moment, with a recommendation rating of 43.09. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
Energy Vault Holdings Inc (NYSE:NRGV) trade information
Sporting 0.81% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NRGV stock price touched $0.89 or saw a rise of 3.75%. Year-to-date, Energy Vault Holdings Inc shares have moved -23.97%, while the 5-day performance has seen it change -10.42%. Over the past 30 days, the shares of Energy Vault Holdings Inc (NYSE:NRGV) have changed -14.71%.
Wall Street analysts have a consensus price target for the stock at $2.5, which means that the shares’ value could jump 64.4% from current levels. The projected low price target is $0.75 while the price target rests at a high of $5.0. In that case, then, we find that the current price level is -461.8% off the targeted high while a plunge would see the stock lose 15.73% from current levels.
Energy Vault Holdings Inc (NRGV) estimates and forecasts
The company’s shares have lost -56.44% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 28.25% – over the past 5 years.
NRGV Dividends
Energy Vault Holdings Inc is expected to release its next earnings report on 2025-May-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Energy Vault Holdings Inc (NYSE:NRGV)’s Major holders
Insiders own 15.90% of the company shares, while shares held by institutions stand at 40.81% with a share float percentage of 48.53%. Investors are also buoyed by the number of investors in a company, with Energy Vault Holdings Inc having a total of 145.0 institutions that hold shares in the company. The top two institutional holders are SB INVESTMENT ADVISERS (UK) LTD with over 18.54 million shares worth more than $17.6 million. As of 2024-06-30, SB INVESTMENT ADVISERS (UK) LTD held 12.4281% of shares outstanding.
The other major institutional holder is SAILINGSTONE CAPITAL PARTNERS LLC, with the holding of over 8.15 million shares as of 2024-06-30. The firm’s total holdings are worth over $7.74 million and represent 5.4628% of shares outstanding.
