Energy Vault Holdings (NRGV) Stock Overview
Develops and deploys utility-scale energy storage solutions in the United States, Switzerland, United Kingdom, North America, Australia, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
NRGV Community Fair Values
Create NarrativeSee what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Energy Vault Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.21 |
| 52 Week High | US$6.65 |
| 52 Week Low | US$0.70 |
| Beta | 1.16 |
| 1 Month Change | -17.93% |
| 3 Month Change | 19.60% |
| 1 Year Change | 544.22% |
| 3 Year Change | 54.21% |
| 5 Year Change | -56.91% |
| Change since IPO | -56.37% |
Recent News & Updates
Narrative Update • Jun 14
NRGV: Data Center And AI Projects Will Drive Future Cash Generation
Analysts have trimmed their price target for Energy Vault Holdings by $0.06 to $5.48. This reflects updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E after new coverage that highlights both the company’s capital light model and the need for clearer growth catalysts.Narrative Update • May 31
NRGV: Bullish Coverage And Project Execution Risks Will Shape Future Cash Generation
Analysts have raised their price target on Energy Vault Holdings, moving fair value from about $4.18 to roughly $5.54 per share, supported by higher assumed revenue growth and P/E expectations following recent bullish coverage. Analyst Commentary Bullish Takeaways Bullish analysts highlight the recent initiation of coverage with a positive stance as a signal that the company’s business model in energy storage is gaining more institutional attention, which they see as supportive of the higher fair value range.Analysis Article • May 07
US$5.01 - That's What Analysts Think Energy Vault Holdings, Inc. (NYSE:NRGV) Is Worth After These Results
Energy Vault Holdings, Inc. ( NYSE:NRGV ) missed earnings with its latest first-quarter results, disappointing...Recent updates
Narrative Update • Jun 14
NRGV: Data Center And AI Projects Will Drive Future Cash Generation
Analysts have trimmed their price target for Energy Vault Holdings by $0.06 to $5.48. This reflects updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E after new coverage that highlights both the company’s capital light model and the need for clearer growth catalysts.Narrative Update • May 31
NRGV: Bullish Coverage And Project Execution Risks Will Shape Future Cash Generation
Analysts have raised their price target on Energy Vault Holdings, moving fair value from about $4.18 to roughly $5.54 per share, supported by higher assumed revenue growth and P/E expectations following recent bullish coverage. Analyst Commentary Bullish Takeaways Bullish analysts highlight the recent initiation of coverage with a positive stance as a signal that the company’s business model in energy storage is gaining more institutional attention, which they see as supportive of the higher fair value range.Analysis Article • May 07
US$5.01 - That's What Analysts Think Energy Vault Holdings, Inc. (NYSE:NRGV) Is Worth After These Results
Energy Vault Holdings, Inc. ( NYSE:NRGV ) missed earnings with its latest first-quarter results, disappointing...
Narrative Update • Apr 30
NRGV: AI Infrastructure EBITDA Upside Will Not Justify Current Optimism
Analysts have adjusted their price target on Energy Vault Holdings to $2.00. The change reflects updated views on revenue growth, profit margins, a slightly lower assumed discount rate, and a revised future P/E assumption.Narrative Update • Apr 16
NRGV: Future AI Data Center Projects Will Not Justify Current Optimism
Analysts have adjusted their price targets on Energy Vault Holdings, citing updated fair value estimates at 2.0 times the prior narrative level, a higher discount rate of 9.70% compared with 8.92%, a shift in modeled revenue growth from a very large prior figure to 22.72%, and changes in expected profit margin and future P/E, all feeding into a revised outlook for the shares. What's in the News Energy Vault issued revenue guidance for 2026 in a range of $225 million to $300 million, tied to U.S. battery delivery timing, third party project schedules, full year contributions from Asset Vault operations, and initial AI related modular data center projects (Corporate Guidance).Seeking Alpha • Apr 15
Energy Vault: From Breakthrough To Real EBITDA
Summary Energy Vault Holdings, Inc. has shifted from a transition story to execution, delivering strong revenue growth and its first positive EBITDA in Q4. NRGV backlog increased to $1.3 billion, now weighted toward long-term Asset Vault contracts, enhancing visibility and recurring cash flows. Gross margin outperformed guidance at 23.6%, signaling operating leverage and the viability of the Asset Vault model. I maintain a Buy rating, viewing NRGV stock as attractively valued with execution and capital intensity risks, but clear catalysts ahead. Read the full article on Seeking AlphaNarrative Update • Apr 02
NRGV: AI Infrastructure And Asset Platform Will Drive Future Cash Generation
Analysts have lifted their price target on Energy Vault Holdings to about $4.18 from roughly $3.65, reflecting updated views on fair value, expected revenue growth, profit margin assumptions, the discount rate, and future P/E estimates. What's in the News Energy Vault issued revenue guidance for 2026 in a range of US$225 million to US$300 million, with management commentary attributing the outlook to timing of U.S. battery deliveries, third party project schedules, Asset Vault operations, and early AI infrastructure contributions (Corporate guidance).
Narrative Update • Mar 18
NRGV: Asset Platform And AI Data Center Projects Will Drive Future Upside
Analysts have adjusted their price targets on Energy Vault Holdings to reflect updated assumptions around discount rates, revenue growth, profit margins, and future P/E. They are keeping fair value at $5.19 while refining their outlook on the company’s risk and earnings profile.Narrative Update • Mar 04
NRGV: AI Data Center Partnerships Will Support Future Cash Generation
Analysts have trimmed their price target on Energy Vault Holdings slightly to $3.65 from $3.73, reflecting updated assumptions around discount rates, profit margins, and future P/E expectations. What's in the News Energy Vault and Crusoe agreed on a framework to deploy Crusoe Spark modular data centers at Energy Vault's Snyder, Texas technology center, with capacity scalable up to 25 MW of load starting in 2026 (Client Announcements).Narrative Update • Feb 18
NRGV: Data Center Partnerships And Asset Platform Will Drive Future Cash Generation
Analysts have kept their $5.19 price target on Energy Vault Holdings broadly unchanged, citing only small adjustments to inputs such as discount rate, revenue growth, profit margin, and future P/E assumptions in their updated models. What's in the News Energy Vault and Crusoe agreed on a framework to deploy Crusoe Spark modular data centers at Energy Vault's Snyder, Texas technology center.Analysis Article • Feb 06
Energy Vault Holdings, Inc. (NYSE:NRGV) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing
Energy Vault Holdings, Inc. ( NYSE:NRGV ) shares have retraced a considerable 29% in the last month, reversing a fair...Narrative Update • Feb 04
NRGV: 2025 Guidance And Tax Credit Monetization Will Shape Cash Generation Outlook
Analysts have nudged their targets higher for Energy Vault Holdings, with one raising a price target to US$2 from US$1.50, citing management's reiteration of 2025 revenue guidance, in-line Q3 revenue and adjusted EBITDA, and progress on cash generation, including the planned monetization of US$40m in Investment Tax Credits. Analyst Commentary Recent Street research shows that some bullish analysts are growing more constructive on Energy Vault Holdings, even while maintaining cautious stock ratings.Narrative Update • Jan 21
NRGV: Heavy Reliance On $40M Tax Credits Will Pressure Future Cash Generation
Analysts lifted their price target on Energy Vault Holdings to US$2.00 from US$1.50, citing revenue and adjusted EBITDA that were in line with expectations, reaffirmed 2025 revenue guidance, and recent progress on cash generation supported by the planned monetization of US$40m in Investment Tax Credits. Analyst Commentary Bullish Takeaways Bullish analysts view the higher US$2.00 price target as recognition that recent execution on revenue and adjusted EBITDA is tracking in line with expectations, which can support confidence in the company’s current valuation framework.Narrative Update • Jan 07
NRGV: Reliance On $40M Tax Credits Will Challenge Future Cash Generation Sustainability
Analysts raised their price target on Energy Vault Holdings from $1.50 to $2, citing revenue and adjusted EBITDA that were in line with expectations, reaffirmed 2025 revenue guidance, and highlighted the company’s progress on cash generation supported by the expected monetization of about $40 million in Investment Tax Credits. Analyst Commentary Bullish Takeaways Bullish analysts point to the price target move to $2 as a sign that recent execution on revenue and adjusted EBITDA is broadly matching what the market was expecting, which can support confidence in the company’s current valuation framework.Narrative Update • Dec 18
NRGV Will Balance 2025 Revenue Visibility And Cash Generation Prospects
Analysts have raised their price target on Energy Vault Holdings to $2.00 from $1.50, citing reaffirmed 2025 revenue guidance, in line quarterly results, and improving cash generation driven by the expected monetization of $40 million in Investment Tax Credits. Analyst Commentary Bullish analysts highlighted that the higher price target reflects growing confidence in Energy Vault Holdings' ability to execute on its near term milestones while maintaining discipline on cash usage.Narrative Update • Dec 04
NRGV: Future Cash Generation And Tax Credit Monetization Will Support 2025 Outlook
Analysts have modestly increased their price target on Energy Vault Holdings to $2.00 from $1.50, citing in-line revenue and adjusted EBITDA, reaffirmed 2025 revenue guidance, and improving cash generation supported by the expected monetization of approximately $40M in Investment Tax Credits. Analyst Commentary Analyst views on Energy Vault Holdings remain mixed, with the modest price target increase reflecting both recognition of near term execution progress and lingering skepticism around the long term risk reward profile.Narrative Update • Nov 20
NRGV: Increased Cash Generation Outlook Will Strengthen Financial Position in 2025
Analysts have increased their fair value estimate for Energy Vault Holdings from $2.75 to $3.73 per share. They cite steady revenue performance, reaffirmed guidance, and an improved cash generation outlook.Narrative Update • Nov 06
NRGV: Upcoming Supply Agreements Will Face Profitability Pressure Despite Project Pipeline
Analysts have maintained their price target for Energy Vault Holdings at $2.75 per share, citing a stable outlook for revenue growth and profitability in light of slight adjustments to discount rates and estimated profit margins. What's in the News Signed a Framework Supply Agreement with EU Green Energy LLC to deploy up to 1.8 GWh of Battery Energy Storage Systems over four years.Narrative Update • Oct 23
Analysts Lift Energy Vault Price Target Amid Strategic Deals and Valuation Reassessment
Analysts have raised their price target for Energy Vault Holdings from $1.60 to $2.75 per share. This change is due to a reassessment of risk factors and updated valuation frameworks, even though revenue growth estimates have been lowered.Narrative Update • Oct 08
Global Energy Storage Will Confront Challenges And Create Opportunities
Analysts have raised their price target for Energy Vault Holdings from $1.10 to $1.60. They cite modest improvements in profit margin expectations and a slight increase in the discount rate as factors contributing to a more favorable fair value assessment.Narrative Update • Sep 04
Global Energy Storage Will Confront Challenges And Create Opportunities
Energy Vault Holdings’ consensus analyst price target remained unchanged at $1.10, reflecting only marginal shifts in both net profit margin and discount rate. What's in the News Energy Vault entered a global strategic alliance with Astor Enerji to strengthen supply chains and accelerate deployment of large-scale battery energy storage systems, leveraging Astor’s manufacturing for transformers and high-voltage equipment and integrating Energy Vault’s VaultOS platform for optimal performance and grid stability.
New Narrative • Mar 31
Transition To Build Own Operate Will Secure Future Energy Stability
Transitioning to a build, own, and operate strategy enhances revenue predictability and margins, supporting earnings growth and stability.Analysis Article • Mar 16
Energy Vault Holdings, Inc. (NYSE:NRGV) Might Not Be As Mispriced As It Looks After Plunging 29%
Unfortunately for some shareholders, the Energy Vault Holdings, Inc. ( NYSE:NRGV ) share price has dived 29% in the...Analysis Article • Jan 30
Energy Vault Holdings, Inc. (NYSE:NRGV) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Energy Vault Holdings, Inc. ( NYSE:NRGV ) shareholders won't be pleased to see that the share price has had a very...Seeking Alpha • Jan 19
Energy Vault Has Likely Turned The Corner
Summary I reiterate my Buy rating on Energy Vault Holdings (NRGV) due to improved revenue visibility and promising new deals, including a partnership with NuCube Energy. Energy Vault's recent agreement with NuCube Energy leverages its advanced material science technologies to develop shielding and containment systems for NuSun microreactors, enhancing safety and production efficiency. Despite a challenging Q3 with a 99.3% Y/Y revenue decline, Energy Vault's strong gross margins and growing backlog signal a positive long-term outlook. Energy Vault's promising gravity storage platform, recognized by Time Magazine, and its strong cash position with no plans for dilutive financing, further support the Buy rating. Read the full article on Seeking AlphaAnalysis Article • Dec 14
Further Upside For Energy Vault Holdings, Inc. (NYSE:NRGV) Shares Could Introduce Price Risks After 29% Bounce
Despite an already strong run, Energy Vault Holdings, Inc. ( NYSE:NRGV ) shares have been powering on, with a gain of...Seeking Alpha • Oct 23
Energy Vault: Upgrading To A Buy As Delisting Risk Abates
Summary Energy Vault's stock surged after a $350M deal with Enervest Group, removing delisting risk and improving revenue visibility. Despite short-term revenue struggles, Energy Vault's long-term outlook is promising, with significant growth expected in 2024-2025. The company's proprietary gravity energy storage systems and battery storage segment are key differentiators and growth drivers. With a market cap of $282M and a developed BESS pipeline worth $2.7B, Energy Vault shares are undervalued and rated a Buy. Read the full article on Seeking AlphaAnalysis Article • Oct 16
There's No Escaping Energy Vault Holdings, Inc.'s (NYSE:NRGV) Muted Revenues Despite A 40% Share Price Rise
Energy Vault Holdings, Inc. ( NYSE:NRGV ) shareholders would be excited to see that the share price has had a great...Analysis Article • Aug 09
Some Energy Vault Holdings, Inc. (NYSE:NRGV) Analysts Just Made A Major Cut To Next Year's Estimates
Market forces rained on the parade of Energy Vault Holdings, Inc. ( NYSE:NRGV ) shareholders today, when the analysts...Seeking Alpha • Jul 31
Energy Vault: An Opportunity For Contrarian Value Investors
Summary Energy Vault's stock has dropped over 60% in the past year, making it a potential opportunity for contrarian value investors. Energy Vault has an incredibly low EV/R ratio and a strong balance sheet. This should see them through temporary adversity. I'm issuing a Buy rating but suggest diversifying with other issues similar to Energy Vault. Read the full article on Seeking AlphaAnalysis Article • Jul 17
Energy Vault Holdings, Inc.'s (NYSE:NRGV) Shares Bounce 32% But Its Business Still Trails The Industry
Energy Vault Holdings, Inc. ( NYSE:NRGV ) shareholders have had their patience rewarded with a 32% share price jump in...Analysis Article • Jul 12
Here's Why We're Not Too Worried About Energy Vault Holdings' (NYSE:NRGV) Cash Burn Situation
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Seeking Alpha • Jun 19
Keep Energy Vault On Your Radar Despite Big Revenue Drop In 2024
Summary Energy Vault Inc. deployed the world's first grid-scale gravity energy storage system in China, partnering with various companies and government agencies. Despite a significant drop in stock price, Energy Vault's long-term outlook is positive, with revenue growth expected in 2024-2025 and a strong backlog of projects. Energy Vault's GESS system, using composite blocks for energy storage, shows promise with cost-effective solutions and potential for significant growth in the future. Read the full article on Seeking AlphaAnalysis Article • Apr 27
Not Many Are Piling Into Energy Vault Holdings, Inc. (NYSE:NRGV) Stock Yet As It Plummets 27%
The Energy Vault Holdings, Inc. ( NYSE:NRGV ) share price has fared very poorly over the last month, falling by a...Shareholder Returns
| NRGV | US Electrical | US Market | |
|---|---|---|---|
| 7D | 2.7% | -7.2% | -2.6% |
| 1Y | 544.2% | 67.8% | 20.0% |
Return vs Industry: NRGV exceeded the US Electrical industry which returned 67.8% over the past year.
Return vs Market: NRGV exceeded the US Market which returned 20% over the past year.
Price Volatility
| NRGV volatility | |
|---|---|
| NRGV Average Weekly Movement | 14.9% |
| Electrical Industry Average Movement | 12.8% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: NRGV's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: NRGV's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2020 | 145 | Rob Piconi | www.energyvault.com |
Energy Vault Holdings, Inc. develops and deploys utility-scale energy storage solutions in the United States, Switzerland, United Kingdom, North America, Australia, and internationally. The company offers B-Vault, an electrochemical battery energy storage solution for short-duration energy storage needs; G-Vault, a gravity energy storage solution for long-duration energy storage needs; and H-Vault, a hydrogen or hybrid energy storage solution. It also provides software solutions, such as Vault-OS Energy Management System which provides real-time monitoring, operational control, and optimized dispatch across an array of generation and short to ultra-long duration energy storage assets; Vault-Bidder, which utilizes artificial intelligence to leverage diverse, live data from directly monitored assets and external drivers to provide dispatch and revenue optimization; and Vault-Manager, which converts diverse, real-time data into clear asset performance visibility and insights, facilitating improved decision-making regarding maintenance, augmentation, and expansion.
Energy Vault Holdings, Inc. Fundamentals Summary
| NRGV fundamental statistics | |
|---|---|
| Market cap | US$750.42m |
| Earnings (TTM) | -US$116.05m |
| Revenue (TTM) | US$217.02m |
3.5x
P/S Ratio-6.5x
P/E RatioIs NRGV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NRGV income statement (TTM) | |
|---|---|
| Revenue | US$217.02m |
| Cost of Revenue | US$169.11m |
| Gross Profit | US$47.90m |
| Other Expenses | US$163.95m |
| Earnings | -US$116.05m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.65 |
| Gross Margin | 22.07% |
| Net Profit Margin | -53.47% |
| Debt/Equity Ratio | 319.4% |
How did NRGV perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/27 05:24 |
| End of Day Share Price | 2026/06/26 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Energy Vault Holdings, Inc. is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Soderberg | Cantor Fitzgerald & Co. |
| Vikram Bagri | Citigroup Inc |
| Siddharth Rajeev | Fundamental Research Corp. |