NeoVoltaNEOV
NEOV
About: NeoVolta Inc is engaged in designing, manufacturing and sale of high end Energy Storage System which can store and use solar energy via batteries and an inverter at a residential site. Its market place includes solar industry, installers, new construction homebuilders, home remodelers and homeowners.
Employees: 10
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
868% more capital invested
Capital invested by funds: $4.18M [Q2] → $40.5M (+$36.3M) [Q3]
20.93% more ownership
Funds ownership: 4.76% [Q2] → 25.69% (+20.93%) [Q3]
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
7% more funds holding
Funds holding: 14 [Q2] → 15 (+1) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$7.50
59%
upside
Avg. target
$7.50
59%
upside
High target
$7.50
59%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Maxim Group Tate Sullivan 33% 1-year accuracy 4 / 12 met price target | 59%upside $7.50 | Buy Maintained | 13 Nov 2024 |
Financial journalist opinion
Neutral
PRNewsWire
1 month ago
/C O R R E C T I O N -- NeoVolta/
In the news release, NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program, issued Nov. 13, 2024 by NeoVolta over PR Newswire, we are advised by the company that the NeoVolta ticker symbol (NASDAQ: NEOV) should have been included after NeoVolta in the first sentence, first paragraph, and was omitted inadvertently. The complete, corrected release follows: NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program Company Enters Technical Due Diligence for $250M to Expand U.S. Manufacturing SAN DIEGO , Nov. 13, 2024 /PRNewswire/ -- NeoVolta (NASDAQ: NEOV), a leading innovator in energy storage solutions, announced today that it has completed phase one of its loan application for $250M from the U.S. Department of Energy (DOE) Title 17 Loan Program (LPO) and has been approved to proceed with phase two technical due diligence.
Neutral
GlobeNewsWire
1 month ago
NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program
Company Enters Technical Due Diligence for $250M to Expand U.S. Manufacturing Company Enters Technical Due Diligence for $250M to Expand U.S. Manufacturing
Neutral
GlobeNewsWire
1 month ago
NeoVolta, U.S. Department of Energy, and Barrio Eléctrico Celebrate Successful Installation of NeoVolta's NV24 Battery Storage Systems in Puerto Rico
This Marks the 100th Installation for Barrio Eléctrico and Continued Market Expansion for NeoVolta This Marks the 100th Installation for Barrio Eléctrico and Continued Market Expansion for NeoVolta
Neutral
GlobeNewsWire
2 months ago
NeoVolta Secures $1.4 Million Deal with National Renewable Energy Partners Expanding Dealer Network in Several New States
SAN DIEGO, Oct. 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leading provider of advanced energy storage solutions, is pleased to announce a $1.4 million dollar deal with National Renewable Energy Partners (NREP). This purchase order expands NeoVolta's dealer network into several new states including Ohio, Texas, Connecticut, Indiana, and Pennsylvania, capitalizing on emerging opportunities in the residential energy sector.
Neutral
GlobeNewsWire
3 months ago
NeoVolta Selected as Strategic Partner with Barrio Eléctrico for Growth in Puerto Rico as part of $21M Award
SAN DIEGO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leading provider of advanced energy storage solutions, has been selected as a strategic partner with Barrio Eléctrico for a significant expansion of residential solar and energy storage aimed at enhancing energy security in Puerto Rico.
Neutral
GlobeNewsWire
3 months ago
NeoVolta Secures $5 Million Line of Credit, Strengthens Financial Position
SAN DIEGO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leader in solar energy storage solutions, is pleased to announce the successful securing of a $5 million Line of Credit (LOC) from National Energy Modelers, Inc. This strategic financial arrangement is a significant milestone for NeoVolta, as it bolsters the company's working capital while preserving shareholder equity.
Neutral
GlobeNewsWire
4 months ago
NeoVolta Expands Market Reach with New Approvals from EnFin Solar Loans and Sungage Financial
SAN DIEGO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leader in advanced energy storage solutions, announces significant expansions in their market reach through new approvals from both EnFin solar loans and Sungage Financial.
Neutral
GlobeNewsWire
5 months ago
NeoVolta and Store Energy California Enter Joint Venture to Provide Energy Storage for Low-Income Housing in California
SAN DIEGO, July 16, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a leading provider of advanced energy storage solutions, has announced a joint venture partnership with Store Energy California to bring state-of-the-art battery storage systems to low-income households across California. This initiative leverages state-funded incentive programs to ensure that families can access these vital technologies at no cost, enhancing their energy security and resilience.
Neutral
GlobeNewsWire
6 months ago
NeoVolta Announces Vision for Rapid Growth in CEO Ardes Johnson's letter to shareholders
New CEO Ardes Johnson Details Bold Strategies for Immediate Market Expansion and Innovation in Energy Storage New CEO Ardes Johnson Details Bold Strategies for Immediate Market Expansion and Innovation in Energy Storage
Neutral
GlobeNewsWire
7 months ago
NeoVolta CEO Ardes Johnson Gives Expert Testimony to the US International Trade Commission Advising on Favorable Domestic Renewable Energy Policies
Longtime industry veteran and frequent industry expert shares insights on domestic manufacturing capabilities Longtime industry veteran and frequent industry expert shares insights on domestic manufacturing capabilities
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