Fervo Energy Future Growth
Future criteria checks 2/6
Fervo Energy is forecast to grow earnings and revenue by 47.7% and 57.8% per annum respectively. EPS is expected to grow by 87.8% per annum. Return on equity is forecast to be -17.4% in 3 years.
Key information
47.7%
Earnings growth rate
87.84%
EPS growth rate
| Renewable Energy earnings growth | 26.2% |
| Revenue growth rate | 57.8% |
| Future return on equity | -17.36% |
| Analyst coverage | Good |
| Last updated | 23 Jun 2026 |
Recent future growth updates
Recent updates
Long-Term Geothermal PPAs And Policy Tailwinds Will Support Future Clean Power Demand
Catalysts About Fervo Energy Fervo Energy develops, owns, and operates enhanced geothermal power plants that supply always on carbon free electricity. What are the underlying business or industry changes driving this perspective?Fervo Energy: Nvidia Can't Fix What's Missing Here
Summary Fervo Energy Company pioneers enhanced geothermal systems, leveraging oil and gas technologies to unlock scalable, carbon-free baseload power. FRVO’s approach is well-timed as AI-driven data centers increasingly demand reliable, clean electricity available 24/7. Recent partnerships with Nvidia and Pacific Northwest National Laboratory to develop EGS-Twin signal strong innovation and industry validation. I lean neutral on FRVO after reviewing its latest strategic collaborations and first-quarter 2026 results. Read the full article on Seeking AlphaFervo Energy (FRVO) Stock Looks Stretched After COO Promotion and 42x P B Valuation
Fervo Energy (FRVO) is drawing fresh attention after promoting Sarah Jewett to Chief Operating Officer, putting her in charge of core corporate operations as the geothermal developer targets large opportunities in clean, firm power. See our latest analysis for Fervo Energy. The executive change comes as Fervo Energy’s 1 day share price return of 7.61% and 7 day share price return of 10.34% sit against a 30 day share price return that declined 5.47% and a broadly flat year to date share price...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 233 | -62 | -1,260 | 64 | 9 |
| 12/31/2027 | 80 | -78 | -1,425 | 20 | 8 |
| 12/31/2026 | 7 | -45 | -425 | -15 | 10 |
| 12/31/2025 | 0 | -71 | -497 | -32 | N/A |
| 12/31/2024 | 0 | -41 | -233 | -55 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FRVO is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FRVO is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FRVO is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: FRVO's revenue (57.8% per year) is forecast to grow faster than the US market (12.7% per year).
High Growth Revenue: FRVO's revenue (57.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FRVO is forecast to be unprofitable in 3 years.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/30 01:41 |
| End of Day Share Price | 2026/06/29 00:00 |
| Earnings | 2025/12/31 |
| 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
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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
Fervo Energy Company is covered by 13 analysts. 10 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 |
|---|---|
| Benjamin Kallo | Baird |
| J. David Anderson | Barclays |
| Sunaina Ocalan | Bernstein |