Energy Vault (NRGV)

• Market cap: $309M
• 1 day: 6.28%
• 5 days: 7.98%
• 1 month: 10.93%
• 3 months: 63.71%
• 6 months: 57.36%
• Year to date: -11.74%
• 1 year: 18.71%
• 5 years: -78.38%
• 10 years: -78.38%
• Sector: Industrials
• Industry: Miscellaneous Electrical Machinery, Equipment & Supplies

About: Energy Vault Holdings Inc is a grid-scale energy storage company that is driving a faster transition to renewable power by solving the intermittence issues that are inherent to the prevalent sources of renewable energy, solar and wind. Geographical presence in United States, China and Other. Majority of its revenue comes from U.S.

Employees: 183

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

4,350% more call options, than puts

Call options by funds: $178K | Put options by funds: $4K

64% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 11

30% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 23

6% more funds holding

Funds holding: 101 [Q2] → 107 (+6) [Q3]

3% more capital invested

Capital invested by funds: $46.4M [Q2] → $47.7M (+$1.23M) [Q3]

0.16% more ownership

Funds ownership: 32.83% [Q2] → 32.99% (+0.16%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $2.50 23% upside
• Avg. target: $2.50 23% upside
• High target: $2.50 23% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

TD Cowen Thomas Boyes 50% 1-year accuracy 4 / 8 met price target

23% upside $2.50

Buy Reiterated

13 Nov 2024