Profile
Sector:
UtilitiesIndustry:
RenewableCountry:
United StatesIPO:
29 March 2021Website:
http://www.energyvault.comNext earnings report:
08 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 16 Jul 2024 23:51:09 GMTDividend
Analysts recommendations
Institutional Ownership
NRGV Latest News
Energy Vault announced that on May 16, 2024, the Compensation Committee of its Board of Directors awarded 4,315 restricted stock units to a new non-executive employee under the 2022 Employment Inducement Award Plan.
Energy Vault Holdings, Inc. (NRGV) closed at $1.23 on the most recent trading day, showing a decrease of 1.6% from the day before.
Energy Vault Holdings, Inc. (NRGV) closed at $1.08 in the most recent trading session, showing a 0.93% increase from its previous close.
Energy Vault Holdings, Inc. (NYSE: NRGV) will host its first Investor & Analyst Day on May 9, 2024 in New York. The event will start at 9:00 AM ET, will be livestreamed, and those interested in attending virtually can pre-register. The in-person event will take place at the New York Stock Exchange.
Energy Vault Holdings, Inc. (NRGV) Q4 2023 Earnings Call Transcript
Energy Vault Holdings, Inc. (NYSE:NRGV ) Q3 2023 Earnings Call Transcript November 9, 2023 4:30 PM ET Company Participants Laurence Alexander - Chief Marketing Officer Robert Piconi - Chairman & Chief Executive Officer Jan Kees van Gaalen - Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Christopher Ellinghaus - Siebert Williams and Shank Thomas Boyes - TD Cowen Noel Parks - Tuohy Brothers Operator Good day, and welcome to the Energy Vault Third Quarter 2023 Earnings Call. [Operator Instructions] Please note this event is being recorded.
Energy Vault Holdings stock beat on both the top and bottom lines last night. The start-up battery technology company grew revenues a hundredfold year over year.
Energy Vault (NYSE: NRGV), a leader in grid-scale energy storage, is deploying five EVx gravity energy storage systems (GESS) in China through a licensing agreement with China Tianying, bringing China's total EVx deployments to seven, with 3.26 GWh capacity. Energy Vault's 100 MWh EVx in Rudong China is nearing completion and will be the world's first commercial non-pumped hydro gravity energy storage system.
Energy Vault Holdings, Inc. (NRGV) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.14 per share a year ago.
Energy Vault is trading at a roughly 1x forward price-to-sales multiple even as the adoption of its GESS technology ramps up. The company is down roughly 75% over the last 12 months due to broader market sentiment that went sour on loss-making companies. A Fed rate pause in June and a continued revenue ramp could act as catalysts for shares to close out the year with a gain.
What type of business is Energy Vault Holdings?
Energy Vault Holdings, Inc. develops and sells energy storage solutions. The company offers gravity-based storage systems, including EVx Platform, a scalable, modular product line starting from 40-megawatt hour to multi-gigawatt hours to address grid resiliency needs in shorter durations; Energy Vault Resiliency Center, a scalable, gigawatt hour scale product line designed to address grid resiliency needs to manage energy disruptive climate events; and Energy Vault solutions. Its solutions allow utilities, independent power producers, and large energy users to manage their power portfolios and efficiently dispatch power. Energy Vault Holdings, Inc. is based in Westlake Village, California.
What sector is Energy Vault Holdings in?
Energy Vault Holdings is in the Utilities sector
What industry is Energy Vault Holdings in?
Energy Vault Holdings is in the Renewable industry
What country is Energy Vault Holdings from?
Energy Vault Holdings is headquartered in United States
When did Energy Vault Holdings go public?
Energy Vault Holdings initial public offering (IPO) was on 29 March 2021
What is Energy Vault Holdings website?
https://www.energyvault.com
Is Energy Vault Holdings in the S&P 500?
No, Energy Vault Holdings is not included in the S&P 500 index
Is Energy Vault Holdings in the NASDAQ 100?
No, Energy Vault Holdings is not included in the NASDAQ 100 index
Is Energy Vault Holdings in the Dow Jones?
No, Energy Vault Holdings is not included in the Dow Jones index
When was Energy Vault Holdings the previous earnings report?
No data
When does Energy Vault Holdings earnings report?
The next expected earnings date for Energy Vault Holdings is 08 August 2024