Energy Vault (NYSE:NRGV) Releases Earnings Results, Misses Expectations By $0.21 EPS

Energy Vault (NYSE:NRGV) issued its quarterly earnings data on Monday. The company reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.21), Zacks reports. Energy Vault had a negative net margin of 73.37% and a negative return on equity of 47.41%. The firm had revenue of $38.95 million for the quarter, compared to analysts’ expectations of $42.51 million. Energy Vault updated its FY 2025 guidance to EPS.

Energy Vault Stock Down 21.0 %

Shares of NYSE NRGV traded down $0.24 during mid-day trading on Tuesday, reaching $0.90. 5,196,888 shares of the company were exchanged, compared to its average volume of 971,203. The stock has a market capitalization of $137.06 million, a PE ratio of -1.39 and a beta of 0.45. Energy Vault has a 52 week low of $0.78 and a 52 week high of $2.70. The company’s 50 day moving average price is $1.64 and its 200 day moving average price is $1.57.

Analyst Ratings Changes

Separately, TD Cowen decreased their price target on shares of Energy Vault from $2.50 to $2.00 and set a “buy” rating on the stock in a report on Tuesday. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $1.85.

Energy Vault Company Profile

Energy Vault Holdings, Inc develops and sells energy storage solutions. The company offers B-Vault, an electrochemical battery energy storage systems for shorter-duration energy storage needs; G-Vault, a proprietary gravity energy storage solution, including EVx solution; and H-Vault, a hybrid energy storage systems including systems that integrate green hydrogen.