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Updated 1d ago
NEOV logo

NeoVolta Inc.NasdaqCM:NEOV Stock Report

Market Cap US$202.1m
Updated 1d ago
Share Price
n/a
1Y-31.3%
7D-7.5%
1D-3.0%
Portfolio Value
​
View

NeoVolta Inc.

NasdaqCM:NEOV Stock Report

Market Cap: US$202.1m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

NeoVolta (NEOV) Stock Overview

Designs, manufactures, and sells energy storage systems in the United States. More details

NEOV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 93.8% below our estimate of its fair value

Earnings are forecast to grow 53.03% per year

Risk Analysis

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months compared to the US market


NEOV Community Fair Values

Create Narrative

See what 91 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
63.4% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Grid Stress And Domestic Storage Capacity Will Support Long Term Battery Demand Narrative

71
0
5
AN
AnalystLowTarget
28.6% undervalued intrinsic discount
AnalystLowTarget
•2mo ago

Manufacturing Delays And FEOC Supply Risks Will Challenge Storage Ambitions Yet Long-Term Demand Should Support

12
0
1
AN
AnalystHighTarget
76.2% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

NeoVolta Stock Will Benefit From FEOC-Compliant Manufacturing And Luminia-Backed Utility Scale Expansion

26
0
2

Top Community Narratives

NEOV logo
NeoVolta
52.4% undervalued intrinsic discount

The Next Phase of Energy Storage: How NeoVolta Is Tackling America’s Power Crunch

View narrative
MA
MarketJar
MarketJar
Published 29 Sep 2025
Read Narrative

Top Community Narratives

NEOV logo
NeoVolta
52.4% undervalued intrinsic discount

The Next Phase of Energy Storage: How NeoVolta Is Tackling America’s Power Crunch

View narrative
MA
MarketJar
MarketJar
Published 29 Sep 2025
Read Narrative

Top Analyst Narratives

AN
AnalystConsensusTarget
63.4% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Grid Stress And Domestic Storage Capacity Will Support Long Term Battery Demand Narrative

71
0
5
AN
AnalystLowTarget
28.6% undervalued intrinsic discount
AnalystLowTarget
•2mo ago

Manufacturing Delays And FEOC Supply Risks Will Challenge Storage Ambitions Yet Long-Term Demand Should Support

12
0
1
AN
AnalystHighTarget
76.2% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

NeoVolta Stock Will Benefit From FEOC-Compliant Manufacturing And Luminia-Backed Utility Scale Expansion

26
0
2
View all narratives

NeoVolta Inc. Competitors

SES AI

Symbol: NYSE:SES
Market cap: US$196.9m

SKYX Platforms

Symbol: NasdaqCM:SKYX
Market cap: US$182.8m

SunPower

Symbol: NasdaqGM:SPWR
Market cap: US$70.3m

Enovix

Symbol: NasdaqGS:ENVX
Market cap: US$663.4m

Price History & Performance

Summary of share price highs, lows and changes for NeoVolta
Historical stock prices
Current Share PriceUS$3.57
52 Week HighUS$7.13
52 Week LowUS$1.36
Beta-0.40
1 Month Change-1.65%
3 Month Change108.77%
1 Year Change-31.35%
3 Year Change24.39%
5 Year Change-47.50%
Change since IPO176.74%

Recent News & Updates

User avatar
Narrative Update • Aug 14

NEOV: Pendergrass Joint Venture Repositioning Will Drive Future Utility Scale Upside

Analysts have lifted their average price target for NeoVolta from about $8.00 to roughly $9.75. They point to the company's shift toward utility-scale battery energy storage through joint ventures and new production capacity as key drivers behind the updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E.
User avatar
Narrative Update • Jul 31

NEOV: Pendergrass Joint Venture Will Support Utility And Data Center Expansion

Analysts have raised their price target on NeoVolta from $11 to $15, citing the company's repositioning toward utility scale battery energy storage through its joint venture with LONGi, as well as the potential impact of the new Pendergrass facility and data center oriented growth. Analyst Commentary Bullish analysts view NeoVolta as being at an important transition point as it shifts focus from residential systems toward utility scale battery energy storage and data center applications.
User avatar
Narrative Update • Jul 11

NEOV: Pendergrass Joint Venture Will Drive Upcoming Utility Scale Expansion

Analysts have lifted their NeoVolta price target from $8 to $11, citing expectations that the company's joint ventures, new production facility, and focus on utility-scale and data center markets could support higher fair value, modestly lower risk, and stronger revenue growth and profitability assumptions reflected in updated P/E estimates. Analyst Commentary Bullish analysts frame NeoVolta as being at an important turning point, pointing to its joint venture initiatives and production buildout as key drivers that could influence how investors think about the stock's valuation and growth profile.
User avatar
New Narrative • Jul 02

Manufacturing Delays And FEOC Supply Risks Will Challenge Storage Ambitions Yet Long-Term Demand Should Support

Catalysts About NeoVolta NeoVolta develops and manufactures energy storage systems for residential, commercial and utility scale customers in the United States. What are the underlying business or industry changes driving this perspective?
User avatar
Narrative Update • Jun 26

NEOV: Pendergrass Joint Venture Will Drive Future Utility Scale Storage Upside

The analyst fair value estimate for NeoVolta has been raised by $2.00, with analysts pointing to new Buy-rated coverage that highlights the company’s joint ventures and production expansion plans as key supports for higher revenue growth, wider profit margins, and a lower future P/E assumption. Analyst Commentary Recent research coverage on NeoVolta focuses heavily on the company’s joint venture structure, new production capacity, and potential exposure to utility-scale and data center storage.

Recent updates

User avatar
Narrative Update • Aug 14

NEOV: Pendergrass Joint Venture Repositioning Will Drive Future Utility Scale Upside

Analysts have lifted their average price target for NeoVolta from about $8.00 to roughly $9.75. They point to the company's shift toward utility-scale battery energy storage through joint ventures and new production capacity as key drivers behind the updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E.
User avatar
Narrative Update • Jul 31

NEOV: Pendergrass Joint Venture Will Support Utility And Data Center Expansion

Analysts have raised their price target on NeoVolta from $11 to $15, citing the company's repositioning toward utility scale battery energy storage through its joint venture with LONGi, as well as the potential impact of the new Pendergrass facility and data center oriented growth. Analyst Commentary Bullish analysts view NeoVolta as being at an important transition point as it shifts focus from residential systems toward utility scale battery energy storage and data center applications.
User avatar
Narrative Update • Jul 11

NEOV: Pendergrass Joint Venture Will Drive Upcoming Utility Scale Expansion

Analysts have lifted their NeoVolta price target from $8 to $11, citing expectations that the company's joint ventures, new production facility, and focus on utility-scale and data center markets could support higher fair value, modestly lower risk, and stronger revenue growth and profitability assumptions reflected in updated P/E estimates. Analyst Commentary Bullish analysts frame NeoVolta as being at an important turning point, pointing to its joint venture initiatives and production buildout as key drivers that could influence how investors think about the stock's valuation and growth profile.
User avatar
New Narrative • Jul 02

Manufacturing Delays And FEOC Supply Risks Will Challenge Storage Ambitions Yet Long-Term Demand Should Support

Catalysts About NeoVolta NeoVolta develops and manufactures energy storage systems for residential, commercial and utility scale customers in the United States. What are the underlying business or industry changes driving this perspective?
User avatar
Narrative Update • Jun 26

NEOV: Pendergrass Joint Venture Will Drive Future Utility Scale Storage Upside

The analyst fair value estimate for NeoVolta has been raised by $2.00, with analysts pointing to new Buy-rated coverage that highlights the company’s joint ventures and production expansion plans as key supports for higher revenue growth, wider profit margins, and a lower future P/E assumption. Analyst Commentary Recent research coverage on NeoVolta focuses heavily on the company’s joint venture structure, new production capacity, and potential exposure to utility-scale and data center storage.
User avatar
New Narrative • Jun 17

NeoVolta Stock Will Benefit From FEOC-Compliant Manufacturing And Luminia-Backed Utility Scale Expansion

Catalysts About NeoVolta NeoVolta develops and supplies energy storage systems across residential, commercial and industrial, and utility scale markets, supported by a domestic manufacturing platform. What are the underlying business or industry changes driving this perspective?
User avatar
New Narrative • Apr 23

Grid Stress And Domestic Storage Capacity Will Support Long Term Battery Demand Narrative

Catalysts About NeoVolta NeoVolta provides integrated battery energy storage systems for residential, commercial, industrial and utility scale customers in the U.S. What are the underlying business or industry changes driving this perspective? U.S. grid stress, rising electrification and higher focus on resilience are pushing storage from an optional add on to core infrastructure.
Analysis Article • Dec 27

With A 25% Price Drop For NeoVolta Inc. (NASDAQ:NEOV) You'll Still Get What You Pay For

To the annoyance of some shareholders, NeoVolta Inc. ( NASDAQ:NEOV ) shares are down a considerable 25% in the last...
Analysis Article • Oct 08

The Next Phase of Energy Storage: How NeoVolta Is Tackling America’s Power Crunch

Battery storage is no longer a niche corner of clean tech.  It’s emerging as the backbone of America’s energy future.
Analysis Article • Oct 01

Weekly Picks: 💻 A Tiny Chip Stock Possibly Trading At A Huge Discount And 2 More Picks

This week’s picks cover: Why NeoVolta could handle America's power crunch (Sponsored), why Ensilica is a prime target for a takeover, why BWX Technologies benefits immensely from multiple big catalysts, and how Cassiar Gold could experience a massive positive re-rating over the next year
User avatar
New Narrative • Sep 29

The Next Phase of Energy Storage: How NeoVolta Is Tackling America’s Power Crunch

Battery storage is no longer a niche corner of clean tech. It’s emerging as the backbone of America’s energy future.
Analysis Article • Jun 26

NeoVolta (NASDAQ:NEOV) Is Making Moderate Use Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jul 29

Companies Like NeoVolta (NASDAQ:NEOV) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article • Apr 27

Here's Why We're Not Too Worried About NeoVolta's (NASDAQ:NEOV) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article • Dec 31

We're Hopeful That NeoVolta (NASDAQ:NEOV) Will Use Its Cash Wisely

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Seeking Alpha • Aug 23

NeoVolta Energy Storage Systems eligible for 30% in tax credits

NeoVolta (NASDAQ:NEOV) announced that its products are eligible for 30% in tax credits under the $369B Inflation Reduction Act. The climate spending bill contains significant tax breaks for households that take steps toward energy efficiency. In particular, the Act extends the solar investment tax credit (or ITC) to the installation of stand-alone energy storage. Previously, the ITC was only permitted for storage that included solar panels. Under this provision, stand-alone energy storage costs incurred from the beginning of 2022 to the end of 2032 would qualify for a 30% tax credit.

Shareholder Returns

NEOVUS ElectricalUS Market
7D-7.5%-5.8%-1.5%
1Y-31.3%28.8%13.3%

Return vs Industry: NEOV underperformed the US Electrical industry which returned 36.7% over the past year.

Return vs Market: NEOV underperformed the US Market which returned 13.9% over the past year.

Price Volatility

Is NEOV's price volatile compared to industry and market?
NEOV volatility
NEOV Average Weekly Movement22.0%
Electrical Industry Average Movement12.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.3%
10% least volatile stocks in US Market2.9%

Stable Share Price: NEOV's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: NEOV's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201817Henry Johnsonwww.neovolta.com

NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. The company provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites; and NV16KAC. It markets and sells its products directly to certified solar installers and solar equipment distributors.

NeoVolta Inc. Fundamentals Summary

How do NeoVolta's earnings and revenue compare to its market cap?
NEOV fundamental statistics
Market capUS$202.06m
Earnings (TTM)-US$11.46m
Revenue (TTM)US$18.07m
10.8x
P/S Ratio
-17.1x
P/E Ratio

Is NEOV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEOV income statement (TTM)
RevenueUS$18.07m
Cost of RevenueUS$14.22m
Gross ProfitUS$3.85m
Other ExpensesUS$15.31m
Earnings-US$11.46m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Sep 23, 2026

Earnings per share (EPS)-0.21
Gross Margin21.32%
Net Profit Margin-63.42%
Debt/Equity Ratio2.7%

How did NEOV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 02:37
End of Day Share Price 2026/09/14 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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

NeoVolta 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.

AnalystInstitution
Robert BrownLake Street Capital Markets, LLC
Tate SullivanMaxim Group
Sean MilliganNeedham & Company

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