AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

NRGV · NYSE · Electrical Equipment & Parts

Energy Vault

Supplies and operates grid-scale energy-storage systems, software and selected storage assets.

$3.60

After-hours close+0.06 (+1.69%)

At close$3.54(−5.60%)

Something off on this page? Send us feedback.

Profile

Energy Vault Holdings, Inc.NRGVIndustrials

Supplies gravity, battery and green-hydrogen storage hardware alongside energy-management software and system integration. The business is expanding from technology sales and services into selectively owned and operated storage assets.

Supplies proprietary gravity, battery and green-hydrogen storage hardware, plus technology-agnostic energy-management software and system integration. Projects can also include engineering and construction management, commissioning, long-term services, and software-enabled monitoring and controls throughout project lifecycles.

Expanding from build-and-transfer and licensing arrangements into a lifecycle role that includes development, permitting and interconnection, operations, and selected asset ownership. Its first owned storage systems entered commercial operation during 2025. It continues to sell technology, integration, software, and long-term services alongside owned assets. Asset Vault supports this shift toward developing, building, owning, and operating energy-storage projects.

Company facts

CEORobert Piconi

ListedFeb 14, 2022

ExchangeNYSE

HeadquartersWestlake Village, CA

CountryUnited States

Employees142

CIK0001828536

ISINUS29280W1099

Key statistics

Market cap$641.6M

EPS (ttm)−$0.6500

P/E (ttm)−5.45

ROE-236.8%

P/B91.95

P/S2.84

Dividend yield—

Beta2.93vs XLI 0.84

Year to date −27.6% · Average volume (30d) 4.8M

Analysts

Price target, next 12 months$7.00+97.7%Median of 10 analysts · vs the Aug 28 close

ConsensusBuy8 of 10 analysts rate it buy or better

Ratings

Strong buyBuyHoldSellStrong sell

Target range

Last close $3.54

High$7.00+97.7%

Median$7.00+97.7%

Low$7.00+97.7%

12 months agoNowIn 12 months

Latest analyst notes

Date	Firm	Action	Prior rating	Rating	Target
Aug 12, 2026	Roth Capital	Reiterate		Buy	$7
Jul 22, 2026	Citigroup	Upgrade	Neutral	Buy
May 5, 2026	Cantor Fitzgerald	Target			$7

Earnings

EPS

Estimate−$0.16

ReportedDue Nov 9, 2026

Revenue

Estimate$18.6M

ReportedDue Nov 9, 2026

History

Report date	EPS est	EPS	Surprise	Revenue est	Revenue	Surprise	Next session
Aug 11, 2026Q2 FY26	−$0.14	−$0.17	−17.8%	$14.2M	$17.4M	+22.0%	+9.50%
May 5, 2026Q1 FY26	−$0.15	−$0.20	−33.3%	$20.7M	$21.9M	+5.6%	−16.30%
Mar 17, 2026Q4 FY25	−$0.05	−$0.13	−143.8%	$148.4M	$153.3M	+3.3%	+2.57%
Nov 10, 2025Q3 FY25	−$0.10	−$0.16	−60.0%	$140.9M	$33.3M	−76.3%	+20.85%

View details

Financial highlights

	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
Revenue	$8.5M	$8.5M	$33.3M	$153.3M	$21.9M	$17.4M
Gross profit	$4.9M	$2.5M	$9.0M	$31.6M	$2.6M	$5.4M
Operating income	−$20.9M	−$28.1M	−$17.6M	−$7.7M	−$24.2M	−$24.7M
Net income	−$21.1M	−$34.9M	−$26.8M	−$20.7M	−$32.5M	−$29.7M
Diluted EPS	−$0.14	−$0.22	−$0.16	−$0.12	−$0.19	−$0.18
Gross margin	57.1%	29.6%	27.0%	20.6%	11.7%	31.0%
Operating margin	-244.8%	-330.7%	-52.8%	-5.1%	-110.6%	-142.0%

Fiscal years (4-quarter sums)FY21 $0 · FY22 $145.9M · FY23 $341.5M · FY24 $46.2M · FY25 $203.7M

Revenue by product · Q2 FY26

Software Licensing$187.0K · 93%

Intellectual Property Licensing$15.0K · 7%

Revenue by geography · FY25

Australia$124.3M · 61%

United States$74.2M · 36%

Other Countries$5.2M · 3%

Balance sheet, Jun 30, 2026Cash & short-term investments $93.0M · Total debt $245.0M · Total assets $370.5M · Shareholders' equity $6.9M

Dividends

No dividends on record.

Ownership

Institutions 43.76%79.32M sharesInsiders 12.70%23.02M sharesOther 43.54%78.90M shares

Shares outstanding 181.24M · Float 132.06M · 72.9% free float

Top shareholders13F · 13D/G · Form 4

Holder	Shares	% outstanding	Form	Filed
Robert Piconi · director, 10 percent owner, officer: Chief Executive Officer	16.45M	9.08%	Form 4	Jul 2, 2026
SB Investment Advisers (UK) Limited	15.54M	8.90%	13G	May 15, 2026
SoftBank Vision Fund (Aiv M2) L.P. · 10 percent owner	15.54M	8.57%	Form 4	Jan 20, 2026
State Street Corp	5.81M	3.20%	13F	May 15, 2026
Scoggin Management LP	5.50M	3.03%	13F	May 15, 2026

Insider tradesForm 4

Date	Insider	Role	Shares	Avg price
Aug 26, 2026	Stephanie Unwin	director	−115,000	$3.71
Aug 17, 2026	Dylan Hixon	director	+27,472	$3.88
Aug 14, 2026	Dylan Hixon	director	+85,518	$3.74
Jul 6, 2026	Michael Thomas Beer	officer: Chief Financial Officer	−65,000	$4.08
Apr 6, 2026	Michael Thomas Beer	officer: Chief Financial Officer	−65,000	$3.18