Energy Vault (NYSE:NRGV) Shares Gap Up After Analyst Upgrade

Energy Vault Holdings, Inc. (NYSE:NRGV) shares gapped up prior to trading on Wednesday after Cantor Fitzgerald raised their price target on the stock from $7.00 to $12.00. The stock had previously closed at $3.53, but opened at $3.93. Cantor Fitzgerald currently has an overweight rating on the stock. Energy Vault shares last traded at $3.7130, with a volume of 1,582,423 shares traded.

A number of other analysts have also issued reports on the company. Citigroup decreased their price objective on Energy Vault from $6.00 to $4.75 and set a “buy” rating on the stock in a research note on Wednesday, October 21st. Wall Street Zen downgraded Energy Vault from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Fundamental Research set a $8.03 target price on Energy Vault and gave the company a “buy” rating in a report on Tuesday, August 18th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Energy Vault in a research report on Tuesday. Finally, Roth Capital reiterated a “buy” rating and set a $7.00 price target (up from $5.00) on shares of Energy Vault in a research report on Wednesday, August 12th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Energy Vault presently has an average rating of “Hold” and a consensus target price of $6.76.

Insider Transactions at Energy Vault

In other Energy Vault news, Director Dylan Hixon purchased 85,518 shares of the stock in a transaction on Friday, August 14th. The stock was acquired at an average cost of $3.74 per share, with a total value of $319,837.32. Following the completion of the purchase, the director directly owned 1,103,185 shares of the company’s stock, valued at approximately $4,125,911.90. This trade represents a 8.40% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephanie Unwin sold 115,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $3.71, for a total value of $426,650.00. Following the completion of the sale, the director directly owned 182,245 shares of the company’s stock, valued at approximately $676,128.95. This trade represents a 38.69% decrease in their position. The disclosure for this sale is available in the SEC filing. 17.20% of the stock is currently owned by corporate insiders.

Energy Vault News Summary

Here’s some of the latest news about NRGV:

• Positive Sentiment: Cantor Fitzgerald raised its price target to $12 from $7 and reiterated an “overweight” rating. The new target implies substantial upside from the cited $3.54 share price. Cantor Fitzgerald recommendations
• Positive Sentiment: Energy Vault affirmed its recently raised 2026 revenue outlook and provided preliminary 2027 guidance. Its reported quarterly loss per share also beat the estimate cited by MarketBeat, although revenue fell short. Energy Vault Q3 results and guidance
• Negative Sentiment: Quarterly revenue was $13.07 million, below the $13.52 million consensus estimate, and coverage reported that the adjusted loss widened year over year. Those results could weigh on sentiment despite the improved full-year outlook. Q3 loss, revenue and outlook report

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Energy Vault during the 2nd quarter worth approximately $52,657,000. Legal & General Group Plc purchased a new position in shares of Energy Vault in the 2nd quarter valued at approximately $25,508,000. SailingStone Capital Partners LLC lifted its stake in shares of Energy Vault by 0.5% in the 2nd quarter. SailingStone Capital Partners LLC now owns 4,469,075 shares of the company’s stock valued at $21,049,000 after purchasing an additional 24,058 shares during the period. J. Goldman & Co LP bought a new stake in shares of Energy Vault during the second quarter valued at approximately $7,085,000. Finally, Tidal Investments LLC boosted its position in shares of Energy Vault by 105.9% during the second quarter. Tidal Investments LLC now owns 688,592 shares of the company’s stock valued at $3,243,000 after purchasing an additional 354,220 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Energy Vault Stock Up 7.2%

The company has a market capitalization of $688.08 million, a P/E ratio of -5.73 and a beta of 1.33. The company has a 50-day moving average of $3.58 and a two-hundred day moving average of $3.85. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 24.07.

Energy Vault (NYSE:NRGV) last announced its earnings results on Tuesday, August 11th. The company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.03). The business had revenue of $17.37 million for the quarter, compared to the consensus estimate of $14.24 million. Energy Vault had a negative net margin of 48.58% and a negative return on equity of 236.83%. On average, research analysts predict that Energy Vault Holdings, Inc. will post -0.56 EPS for the current year.

About Energy Vault

Energy Vault Holdings, Inc. develops energy storage systems designed to help utilities, power producers and other customers store electricity and deliver it when needed. Its offerings include gravity-based storage systems, which use mechanical processes to store and release energy, as well as battery energy storage systems and hybrid solutions. The company also provides VaultOS, a software platform for monitoring and managing energy storage assets. Its systems are intended to support renewable energy integration, grid stability and other energy management needs.