Energy Vault Holdings, Inc. (NRGV)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Energy Vault Holdings, Inc. (NRGV) trades at $4.09. Energy Vault Holdings, Inc. specializes in developing and selling gravity-based energy storage solutions. Market cap: $729.92M, Sector: Utilities.
Price live · AI analysis from May 9, 2026Analyst Coverage for NRGV: NRGV does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NRGV against Utilities peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
NRGV: 2/4 perspectives are bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →Energy Vault Holdings, Inc. (NRGV) Utility Operations & Dividend Profile
Energy Vault Holdings, Inc. offers gravity-based energy storage solutions, including the EVx Platform and Resiliency Centers, designed to enhance grid stability and manage power portfolios for utilities and independent power producers. The company addresses the growing demand for efficient and scalable energy storage in the renewable energy sector.
What Is the Investment Thesis for NRGV?
Energy Vault presents a compelling investment thesis centered on the growing demand for grid-scale energy storage solutions. With a market capitalization of $729.92M, the company is positioned to capitalize on the increasing need for reliable and sustainable energy storage. Key value drivers include the scalability and modularity of the EVx Platform, which allows for customized deployments based on specific customer needs. Growth catalysts include the expansion of renewable energy generation and the increasing frequency of climate-related grid disruptions. However, potential risks include competition from established battery storage technologies and the execution challenges associated with deploying large-scale energy storage projects. Investors should monitor project deployments, revenue growth, and technological advancements to assess the long-term viability of Energy Vault's solutions.
Based on FMP financials and quantitative analysis
NRGV Key Highlights
- Market Cap of $729.92M reflects investor valuation of Energy Vault's potential in the energy storage market.
- Gross Margin of 22.1% indicates the profitability of Energy Vault's energy storage solutions.
- Profit Margin of -53.0% highlights the company's current investment phase as it scales operations and project deployments.
- Beta of 0.90 suggests that NRGV's stock price is slightly less volatile than the overall market.
- Focus on gravity-based storage systems differentiates Energy Vault from traditional battery storage providers.
Who Are NRGV's Competitors?
NRGV is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| SPWR SunPower Inc. | $0.60 | -4.82% | $58.94M | — |
| SVMRF Magnora ASA | $2.25 | +0.00% | $162.57M | 70 |
| ENLT Enlight Renewable Energy Ltd | $89.56 | +6.29% | $12.52B | 67 |
| ATRWF Altius Renewable Royalties Corp. | $8.50 | +0.00% | $262.46M | 64 |
| TDWRF Tidewater Renewables Ltd. | $9.00 | +0.00% | $328.72M | 60 |
| FOJCY Fortum Oyj | $4.63 | +2.43% | $103.86B | 48 |
| INGXF Innergex Renewable Energy Inc. | $10.11 | +0.69% | $2.04B | 48 |
| AY Atlantica Sustainable Infrastructure plc | $21.99 | +0.00% | $2.55B | 48 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NRGV's Key Strengths?
- Innovative gravity-based energy storage technology.
- Scalable and modular system design.
- Focus on grid resiliency and long-duration storage.
- Potential for cost-effective energy storage solutions.
What Are NRGV's Weaknesses?
- Relatively new company with limited operational history.
- High initial capital costs for system deployments.
- Dependence on securing contracts and project financing.
- Negative profit margin.
What Could Drive NRGV Stock Higher?
- Expansion of EVx Platform deployments with new contracts.
- Development of Energy Vault Resiliency Centers in strategic locations.
- Strategic partnerships with utilities and IPPs to accelerate adoption.
- Technological advancements in gravity-based storage systems.
What Are the Key Risks for NRGV?
- Financial-distress signal — its Altman Z-Score of -0.86 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Competition from established battery storage technologies.
- Technological advancements in alternative energy storage solutions.
- Regulatory changes impacting energy storage deployments.
- Economic downturns affecting project financing.
What Are the Growth Opportunities for NRGV?
- Expansion of EVx Platform Deployments: The scalability and modularity of the EVx Platform provide significant growth opportunities as utilities and independent power producers seek to enhance grid resiliency. The market for short-duration energy storage is expected to grow substantially, driven by the increasing penetration of intermittent renewable energy sources. Energy Vault can capitalize on this trend by securing additional contracts for EVx Platform deployments, targeting a market size estimated to reach $10 billion by 2030.
- Development of Energy Vault Resiliency Centers: The Energy Vault Resiliency Center addresses the growing need for gigawatt-hour scale energy storage to manage disruptive climate events. As extreme weather events become more frequent, utilities are seeking solutions to ensure grid stability and prevent widespread outages. Energy Vault can leverage this demand by developing and deploying Resiliency Centers in strategic locations, targeting a market size estimated to reach $5 billion by 2030.
- Strategic Partnerships with Utilities and IPPs: Forming strategic partnerships with utilities and independent power producers (IPPs) can accelerate the adoption of Energy Vault's solutions and expand its market reach. By collaborating with established players in the energy sector, Energy Vault can gain access to valuable market insights, project financing, and distribution channels. These partnerships can facilitate the deployment of Energy Vault's technology on a larger scale and enhance its competitive position.
- Geographic Expansion into Emerging Markets: Expanding into emerging markets with high renewable energy potential and limited grid infrastructure presents a significant growth opportunity for Energy Vault. These markets often lack the grid stability and energy storage capacity needed to support the integration of renewable energy sources. Energy Vault can leverage its technology to address these challenges and establish a presence in rapidly growing energy markets, particularly in regions with abundant renewable resources.
- Technological Innovation and System Optimization: Continuous technological innovation and system optimization are crucial for maintaining a competitive edge and enhancing the performance of Energy Vault's solutions. By investing in research and development, Energy Vault can improve the efficiency, reliability, and cost-effectiveness of its gravity-based storage systems. This includes optimizing the design of the EVx Platform and Resiliency Centers, as well as exploring new materials and construction techniques to reduce costs and improve performance.
What Opportunities Does NRGV Have?
- Growing demand for grid-scale energy storage solutions.
- Expansion of renewable energy generation.
- Increasing frequency of climate-related grid disruptions.
- Strategic partnerships with utilities and IPPs.
What Threats Does NRGV Face?
- Competition from established battery storage technologies.
- Technological advancements in alternative energy storage solutions.
- Regulatory changes impacting energy storage deployments.
- Economic downturns affecting project financing.
What Are NRGV's Competitive Advantages?
- Proprietary gravity-based energy storage technology.
- Scalable and modular EVx Platform design.
- Focus on long-duration energy storage solutions.
- Strategic partnerships with key players in the energy sector.
What Does NRGV Do?
Energy Vault Holdings, Inc., headquartered in Westlake Village, California, is dedicated to developing and deploying innovative energy storage solutions. The company's core technology revolves around gravity-based energy storage systems, which provide an alternative to traditional battery storage. Energy Vault's offerings include the EVx Platform, a modular and scalable system ranging from 40 MWh to multi-GWh capacities, designed to meet short-duration grid resiliency needs. Additionally, the Energy Vault Resiliency Center is engineered for gigawatt-hour scale projects, specifically targeting grid stabilization during disruptive climate events. These solutions enable utilities, independent power producers, and large energy consumers to efficiently manage their power portfolios and dispatch energy as needed. Founded on the principle of leveraging gravity and innovative material science, Energy Vault aims to transform how the world stores and utilizes renewable energy, addressing critical challenges in grid stability and energy management.
What Products and Services Does NRGV Offer?
- Develop gravity-based energy storage systems.
- Offer the EVx Platform for grid resiliency.
- Provide Energy Vault Resiliency Centers for large-scale energy management.
- Enable utilities to manage power portfolios.
- Help independent power producers dispatch power efficiently.
- Offer solutions for large energy users to optimize energy consumption.
- Address grid stability needs during climate events.
How Does NRGV Make Money?
- Selling gravity-based energy storage systems to utilities.
- Providing energy storage solutions to independent power producers.
- Offering energy management solutions to large energy users.
- Generating revenue through system deployments and service contracts.
What Industry Does NRGV Operate In?
Energy Vault operates within the renewable utilities industry, which is experiencing rapid growth driven by the increasing adoption of renewable energy sources and the need for grid stabilization. The market for energy storage solutions is projected to reach billions of dollars in the coming years, with significant opportunities for companies offering scalable and cost-effective storage technologies. Energy Vault's gravity-based storage systems compete with traditional battery storage solutions and other emerging technologies. The company's success depends on its ability to demonstrate the reliability and economic viability of its solutions in comparison to alternatives.
Who Are NRGV's Key Customers?
- Utilities seeking grid stabilization solutions.
- Independent power producers managing renewable energy assets.
- Large energy users optimizing energy consumption.
- Municipalities and government entities focused on energy resilience.
FY2026 estForward Outlook
Wall Street analysts project Energy Vault Holdings, Inc. revenue of about $253.8M for fiscal 2026, with EPS near $-0.36. The estimate reflects 3 contributing analysts.
NRGV Valuation & Market Position
With a $729.92M market cap, Energy Vault Holdings, Inc. sits in the small-cap segment of the market. Relative to its peer group, NRGV's quantitative score of 9/100 is below the peer average of 65/100.
Key Financial Metrics
Return on assets is -38.6%, showing how much profit it generates from its asset base. Its free cash flow yield is -12.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.44 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -15.4%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 3/9Financial Health
Energy Vault Holdings, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -0.86 places it in the distress zone, a signal of elevated financial risk.
Company Profile
Energy Vault Holdings, Inc. operates in the Renewable Utilities industry within the Utilities sector. It is headquartered in Westlake Village, US. The company is led by CEO Robert Allen Piconi. NRGV has traded publicly since 2021.
NRGV Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that those closest to the business believe in its potential.
- Community sentiment has shown increased optimism as discussions around renewable energy storage gain traction, positioning Energy Vault favorably.
- Developments in energy technology have sparked interest, with Energy Vault's innovative solutions aligning well with market trends.
- The growing demand for sustainable energy solutions enhances Energy Vault's relevance, attracting attention from environmentally-conscious investors.
Bear Case
- Concerns about the scalability of Energy Vault's technology have surfaced, leading some investors to question its long-term viability.
- Despite positive sentiment, market volatility in the energy sector has created uncertainty, impacting investor confidence.
- Recent bearish community discussions highlight skepticism regarding the company's ability to compete against established players in the energy storage market.
- Ongoing regulatory challenges in the renewable energy sector could pose risks to Energy Vault's growth trajectory, causing hesitation among potential investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · February 2026
NRGV Latest News
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Nike, Shutterstock And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session
benzinga · Jul 1, 2026
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Energy Vault Holdings (NRGV) Stock Sees Modest Fair Value Cut As Analysts Weigh Growth Catalysts
Simply Wall St. · Jun 16, 2026
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Shares of companies in the broader industrial sector are trading lower amid elevated oil prices following President Trump's military threats to Iran, which may risk inflation and high interest rates that could hurt demand.
Benzinga · Jun 10, 2026
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Court Blocks IRS Effort To Make Renewable Energy Tax Credits Harder To Claim
benzinga · Jun 9, 2026
NRGV Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NRGV.
Price Targets
Wall Street price target analysis for NRGV.
NRGV MoonshotScore
What does this score mean?
The MoonshotScore rates NRGV's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Nike, Shutterstock And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session
Energy Vault Holdings (NRGV) Stock Sees Modest Fair Value Cut As Analysts Weigh Growth Catalysts
Shares of companies in the broader industrial sector are trading lower amid elevated oil prices following President Trump's military threats to Iran, which may risk inflation and high interest rates that could hurt demand.
Court Blocks IRS Effort To Make Renewable Energy Tax Credits Harder To Claim
Leadership: Robert Allen Piconi
CEO
Robert Allen Piconi serves as the CEO of Energy Vault Holdings, Inc. His background includes extensive experience in technology and energy sectors. Prior to joining Energy Vault, Piconi held leadership positions in various companies focused on renewable energy and energy storage solutions. He brings a wealth of knowledge in strategic planning, business development, and technology commercialization. His expertise is crucial for guiding Energy Vault through its growth phase and expanding its market presence.
Track Record: Under Robert Allen Piconi's leadership, Energy Vault has focused on developing and deploying its gravity-based energy storage technology. Key milestones include securing contracts for EVx Platform deployments and establishing strategic partnerships with utilities and IPPs. Piconi has overseen the company's efforts to commercialize its technology and expand its market reach, positioning Energy Vault as a key player in the energy storage sector.
Energy Vault Holdings, Inc. Utilities Stock: Key Questions Answered
What does Energy Vault Holdings, Inc. do?
Energy Vault Holdings, Inc. develops and sells innovative energy storage solutions based on gravity. Their primary product is the EVx Platform, a modular system designed to store energy by lifting and lowering composite blocks. This system provides grid-scale energy storage, offering utilities and large energy users a way to manage power portfolios and dispatch energy efficiently. Energy Vault aims to address the growing need for reliable and sustainable energy storage in the renewable energy sector, providing an alternative to traditional battery storage solutions.
What do analysts say about NRGV stock?
Analyst coverage of NRGV stock is still emerging, reflecting the company's relatively recent entry into the public market. Key valuation metrics to watch include revenue growth, gross margin, and project deployment rates. Analysts are focused on Energy Vault's ability to secure contracts for its EVx Platform and Resiliency Centers, as well as its success in demonstrating the reliability and cost-effectiveness of its technology. Investors should monitor analyst reports and financial news for updates on NRGV's performance and market outlook.
What are the main risks for NRGV?
The main risks for Energy Vault include competition from established battery storage technologies, such as lithium-ion batteries, which have a proven track record and declining costs. Technological advancements in alternative energy storage solutions could also pose a threat. Regulatory changes impacting energy storage deployments and economic downturns affecting project financing are additional risks. Execution risk associated with deploying large-scale energy storage projects and demonstrating the long-term reliability of its technology are also key considerations for investors.
What are the key factors to evaluate for NRGV?
Energy Vault Holdings, Inc. (NRGV) holds an AI score of 9/100 (low). Not financial advice.
How frequently does NRGV data refresh on this page?
NRGV prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven NRGV's recent stock price performance?
Energy Vault Holdings, Inc. (NRGV) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Innovative gravity-based energy storage technology. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NRGV overvalued or undervalued right now?
Valuing Energy Vault Holdings, Inc. (NRGV) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying NRGV?
Before investing in Energy Vault Holdings, Inc. (NRGV), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are based on the most recent reporting period.
- Market projections are estimates and may not be realized.