Roth Capital Has Negative View of Energy Vault Q1 Earnings

Energy Vault Holdings, Inc. (NYSE:NRGV) – Stock analysts at Roth Capital dropped their Q1 2025 earnings per share (EPS) estimates for Energy Vault in a research note issued on Wednesday, March 19th. Roth Capital analyst J. Clare now anticipates that the company will post earnings per share of ($0.13) for the quarter, down from their prior forecast of ($0.09). The consensus estimate for Energy Vault’s current full-year earnings is ($0.64) per share. Roth Capital also issued estimates for Energy Vault’s Q2 2025 earnings at ($0.11) EPS, Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.37) EPS and FY2026 earnings at ($0.30) EPS.

Other research analysts have also issued reports about the stock. Roth Mkm lowered their target price on shares of Energy Vault from $2.50 to $1.50 and set a “buy” rating on the stock in a research report on Thursday, March 20th. TD Cowen dropped their price objective on Energy Vault from $2.50 to $2.00 and set a “buy” rating for the company in a research note on Tuesday, March 18th. Finally, The Goldman Sachs Group decreased their target price on Energy Vault from $1.00 to $0.75 and set a “sell” rating on the stock in a research report on Wednesday, March 19th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Energy Vault has a consensus rating of “Hold” and a consensus target price of $1.60.

Energy Vault Stock Performance

NRGV stock opened at $0.90 on Monday. The stock has a market capitalization of $136.30 million, a PE ratio of -1.38 and a beta of 0.45. The company has a fifty day moving average of $1.50 and a 200-day moving average of $1.56. Energy Vault has a one year low of $0.78 and a one year high of $2.70.

Energy Vault (NYSE:NRGV) last released its quarterly earnings results on Monday, March 17th. The company reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.21). Energy Vault had a negative return on equity of 47.41% and a negative net margin of 73.37%. The company had revenue of $38.95 million for the quarter, compared to analysts’ expectations of $42.51 million.

Hedge Funds Weigh In On Energy Vault

A number of institutional investors and hedge funds have recently bought and sold shares of NRGV. Invesco Ltd. lifted its holdings in Energy Vault by 15,519.9% in the 4th quarter. Invesco Ltd. now owns 2,675,226 shares of the company’s stock worth $6,100,000 after buying an additional 2,658,099 shares in the last quarter. Geode Capital Management LLC grew its stake in Energy Vault by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 2,322,871 shares of the company’s stock valued at $5,297,000 after purchasing an additional 49,829 shares in the last quarter. State Street Corp increased its holdings in Energy Vault by 1.1% during the 3rd quarter. State Street Corp now owns 1,850,702 shares of the company’s stock worth $1,777,000 after purchasing an additional 20,915 shares during the last quarter. Millennium Management LLC raised its position in shares of Energy Vault by 122.5% in the 4th quarter. Millennium Management LLC now owns 1,442,399 shares of the company’s stock valued at $3,289,000 after purchasing an additional 794,253 shares in the last quarter. Finally, CastleKnight Management LP purchased a new position in shares of Energy Vault during the 4th quarter valued at approximately $2,752,000. Hedge funds and other institutional investors own 40.03% of the company’s stock.

About Energy Vault

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.