Symbols / NRGV $3.15 -1.56% Energy Vault Holdings, Inc.

Utilities • Utilities - Renewable • United States • NYQ
NRGV Chart
About

Energy Vault Holdings, Inc. develops and deploys utility-scale energy storage solutions in the United States, Switzerland, United Kingdom, North America, Australia, and internationally. The company offers B-Vault, an electrochemical battery energy storage solution for short-duration energy storage needs; G-Vault, a gravity energy storage solution for long-duration energy storage needs; and H-Vault, a hydrogen or hybrid energy storage solution. It also provides software solutions, such as Vault-OS Energy Management System which provides real-time monitoring, operational control, and optimized dispatch across an array of generation and short to ultra-long duration energy storage assets; Vault-Bidder, which utilizes artificial intelligence to leverage diverse, live data from directly monitored assets and external drivers to provide dispatch and revenue optimization; and Vault-Manager, which converts diverse, real-time data into clear asset performance visibility and insights, facilitating improved decision-making regarding maintenance, augmentation, and expansion. Energy Vault Holdings, Inc. was founded in 2020 and is headquartered in Westlake Village, California.

Fundamentals
Scroll to Statements
Sector Utilities Industry Utilities - Renewable Market Cap 544.87M
Enterprise Value 613.22M Income -103.61M Sales 203.67M
Book/sh 0.40 Cash/sh 0.34 Dividend Yield —
Payout 0.00% Employees 142 IPO —
P/E — Forward P/E -20.32 PEG —
P/S 2.68 P/B 7.89 P/C —
EV/EBITDA -8.97 EV/Sales 3.01 Quick Ratio 0.64
Current Ratio 0.73 Debt/Eq 109.64 LT Debt/Eq —
EPS (ttm) -0.65 EPS next Y -0.15 EPS Growth —
Revenue Growth 3.58% Earnings 2026-05-11 ROA -18.42%
ROE -96.48% ROIC — Gross Margin 23.56%
Oper. Margin -5.05% Profit Margin -50.87% Shs Outstand 172.98M
Shs Float 128.47M Short Float 12.45% Short Ratio 4.96
Short Interest — 52W High 6.35 52W Low 0.60
Beta 0.90 Avg Volume 3.71M Volume 2.77M
Target Price $4.18 Recom Buy Prev Close $3.20
Price $3.15 Change -1.56%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.18
Mean price target
2. Current target
$3.15
Latest analyst target
3. DCF / Fair value
$-1.82
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.15
Low
$2.00
High
$6.05
Mean
$4.18

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-19 main Goldman Sachs Sell → Sell $2
2025-11-12 main Goldman Sachs Sell → Sell $2
2025-10-08 main Goldman Sachs Sell → Sell $2
2025-03-20 main Roth MKM Buy → Buy $2
2025-03-19 main Goldman Sachs Sell → Sell $1
2024-11-13 reit TD Cowen Buy → Buy $3
2024-08-08 main Roth MKM Buy → Buy $2
2024-05-13 main TD Cowen Buy → Buy $4
2024-04-30 main Stifel Buy → Buy $3
2024-04-05 down Chardan Capital Buy → Sell $1
2024-03-22 main Goldman Sachs Sell → Sell $2
2024-03-18 reit Chardan Capital Buy → Buy $7
2024-01-16 init Roth MKM — → Buy $4
2023-08-09 reit Chardan Capital Buy → Buy $7
2023-08-02 reit Chardan Capital Buy → Buy $7
2023-04-19 main Goldman Sachs — → Sell $2
2023-03-30 main Goldman Sachs — → Sell $2
2023-03-09 main Goldman Sachs — → Sell $3
2023-03-09 main Chardan Capital — → Buy $7
2023-03-08 main TD Cowen — → Outperform $7
News
RSS: Latest NRGV news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-31 PICONI ROBERT ALLEN Chief Executive Officer — 12,500 $3.21 $40,120
2026-03-25 MANDANAS MARY BETH Director — 5,000 $3.65 $18,250
2026-03-12 LADWA AKSHAY Chief Operating Officer — 475,000 $0.00 $0
2026-03-12 BEER MICHAEL THOMAS Chief Financial Officer — 150,000 $0.00 $0
2026-03-04 ERTEL THOMAS R Director — 5,450 $3.37 $18,366
2026-03-02 LADWA AKSHAY Chief Operating Officer — 4,000 $3.08 $12,340
2026-02-27 PAULSON LARRY M. Director — 5,000 $3.15 $15,726
2026-02-26 PICONI ROBERT ALLEN Chief Executive Officer — 7,500 $3.26 $24,412
2026-01-30 BEER MICHAEL THOMAS Chief Financial Officer — 400,000 $0.00 $0
2026-01-15 SOFTBANK VISION FUND AIV M2 L.P. Beneficial Owner of more than 10% of a Class of Security — 3,000,000 $5.65 $16,950,000
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
203.67
+340.86%
46.20
-86.47%
341.54
+134.13%
145.88
Operating Revenue
203.67
+340.86%
46.20
-86.47%
341.54
+134.13%
145.88
Cost Of Revenue
155.68
+289.09%
40.01
-87.65%
324.01
+274.23%
86.58
Reconciled Cost Of Revenue
153.39
+283.36%
40.01
-87.65%
324.01
+274.23%
86.58
Gross Profit
47.99
+675.66%
6.19
-64.71%
17.53
-70.44%
59.30
Operating Expense
122.36
-9.93%
135.85
+9.32%
124.27
+3.94%
119.55
Research And Development
14.63
-43.71%
26.00
-29.93%
37.10
-12.91%
42.60
Selling General And Administration
94.88
+20.39%
78.81
-8.49%
86.12
+24.44%
69.20
Selling And Marketing Expense
13.70
-13.52%
15.84
-13.02%
18.21
+44.73%
12.58
General And Administrative Expense
81.18
+28.92%
62.97
-7.27%
67.91
+19.94%
56.62
Other Gand A
81.18
+28.92%
62.97
-7.27%
67.91
+19.94%
56.62
Total Expenses
278.04
+58.10%
175.86
-60.77%
448.28
+117.47%
206.13
Operating Income
-74.37
+42.64%
-129.66
-21.48%
-106.74
-77.14%
-60.26
Total Operating Income As Reported
-74.37
+42.79%
-130.00
-21.79%
-106.74
-69.20%
-63.08
EBITDA
-81.70
+39.28%
-134.56
-37.50%
-97.86
-39.55%
-70.13
Normalized EBITDA
-73.53
+39.47%
-121.47
-24.13%
-97.86
-99.55%
-49.04
Reconciled Depreciation
5.73
+441.30%
1.06
+18.48%
0.89
-88.47%
7.74
EBIT
-87.43
+35.53%
-135.62
-37.33%
-98.76
-26.82%
-77.87
Total Unusual Items
-8.18
+37.52%
-13.09
0.00
+100.00%
-21.08
Total Unusual Items Excluding Goodwill
-8.18
+37.52%
-13.09
0.00
+100.00%
-21.08
Special Income Charges
0.00
+100.00%
-12.07
0.00
+100.00%
-23.41
Impairment Of Capital Assets
0.00
-100.00%
0.34
0.00
-100.00%
2.83
Restructuring And Mergern Acquisition
—
—
0.00
-100.00%
20.59
Write Off
0.00
-100.00%
11.73
0.00
-100.00%
2.83
Net Income
-103.61
+23.68%
-135.75
-37.90%
-98.44
-25.73%
-78.30
Pretax Income
-95.89
+29.36%
-135.75
-37.41%
-98.79
-26.86%
-77.87
Net Non Operating Interest Income Expense
-7.36
-236.02%
5.41
-33.30%
8.12
+119.79%
3.69
Interest Expense Non Operating
8.46
+6781.30%
0.12
+251.43%
0.04
+1650.00%
0.00
Net Interest Income
-7.36
-236.02%
5.41
-33.30%
8.12
+119.79%
3.69
Interest Expense
8.46
+6781.30%
0.12
+251.43%
0.04
+1650.00%
0.00
Interest Income Non Operating
1.10
-80.13%
5.54
-32.08%
8.15
+120.62%
3.69
Interest Income
1.10
-80.13%
5.54
-32.08%
8.15
+120.62%
3.69
Other Income Expense
-14.16
-23.17%
-11.50
-6547.40%
-0.17
+99.19%
-21.31
Other Non Operating Income Expenses
-5.99
-476.18%
1.59
+1019.65%
-0.17
+23.45%
-0.23
Gain On Sale Of Security
-8.18
-697.95%
-1.02
—
2.33
Tax Provision
7.76
+11486.57%
0.07
+119.20%
-0.35
-181.73%
0.43
Tax Rate For Calcs
0.00
+0.00%
0.00
+5150.00%
0.00
-98.10%
0.00
Tax Effect Of Unusual Items
-1.72
+37.52%
-2.75
0.00
+100.00%
-4.43
Net Income Including Noncontrolling Interests
-103.66
+23.68%
-135.81
-37.96%
-98.44
-25.73%
-78.30
Net Income From Continuing Operation Net Minority Interest
-103.61
+23.68%
-135.75
-37.90%
-98.44
-25.73%
-78.30
Net Income From Continuing And Discontinued Operation
-103.61
+23.68%
-135.75
-37.90%
-98.44
-25.73%
-78.30
Net Income Continuous Operations
-103.66
+23.68%
-135.81
-37.96%
-98.44
-25.73%
-78.30
Minority Interests
0.05
-25.40%
0.06
0.00
—
Normalized Income
-97.15
+22.53%
-125.41
-27.39%
-98.44
-59.70%
-61.64
Net Income Common Stockholders
-103.61
+23.68%
-135.75
-37.90%
-98.44
-25.73%
-78.30
Diluted EPS
-0.65
+28.57%
-0.91
-31.88%
-0.69
-7.81%
-0.64
Basic EPS
-0.65
+28.57%
-0.91
-31.88%
-0.69
-7.81%
-0.64
Basic Average Shares
160.53
+7.13%
149.85
+4.90%
142.85
+15.91%
123.24
Diluted Average Shares
160.53
+7.13%
149.85
+4.90%
142.85
+15.91%
123.24
Diluted NI Availto Com Stockholders
-103.61
+23.68%
-135.75
-37.90%
-98.44
-25.73%
-78.30
Depreciation Amortization Depletion Income Statement
3.44
+224.67%
1.06
+18.48%
0.89
-88.47%
7.74
Depreciation And Amortization In Income Statement
3.44
+224.67%
1.06
+18.48%
0.89
-88.47%
7.74
Provision For Doubtful Accounts
9.41
-68.62%
29.98
+19886.67%
0.15
—
Line Item Trend 2023-12-31
Total Assets
340.75
Current Assets
279.58
Cash Cash Equivalents And Short Term Investments
109.92
Cash And Cash Equivalents
109.92
Other Short Term Investments
0.00
Receivables
116.05
Accounts Receivable
29.81
Gross Accounts Receivable
30.26
Allowance For Doubtful Accounts Receivable
-0.44
Other Receivables
84.87
Taxes Receivable
1.36
Loans Receivable
—
Inventory
0.41
Prepaid Assets
11.43
Current Deferred Assets
—
Restricted Cash
35.63
Assets Held For Sale Current
6.11
Other Current Assets
0.03
Total Non Current Assets
61.17
Net PPE
32.74
Gross PPE
34.49
Accumulated Depreciation
-1.75
Properties
0.00
Land And Improvements
0.23
Buildings And Improvements
0.77
Machinery Furniture Equipment
10.99
Construction In Progress
20.09
Other Properties
1.70
Leases
0.70
Goodwill And Other Intangible Assets
1.79
Other Intangible Assets
1.79
Investments And Advances
15.00
Other Investments
—
Non Current Accounts Receivable
0.55
Non Current Deferred Assets
—
Non Current Deferred Taxes Assets
—
Other Non Current Assets
1.07
Total Liabilities Net Minority Interest
116.96
Current Liabilities
111.85
Payables And Accrued Expenses
99.33
Payables
21.90
Accounts Payable
21.16
Current Accrued Expenses
77.43
Pensionand Other Post Retirement Benefit Plans Current
5.99
Total Tax Payable
0.73
Current Debt And Capital Lease Obligation
0.72
Current Debt
—
Other Current Borrowings
—
Current Capital Lease Obligation
0.72
Current Deferred Liabilities
4.92
Current Deferred Revenue
4.92
Total Non Current Liabilities Net Minority Interest
5.11
Long Term Debt And Capital Lease Obligation
1.14
Long Term Debt
—
Long Term Capital Lease Obligation
1.14
Long Term Provisions
0.98
Non Current Deferred Liabilities
2.99
Non Current Deferred Revenue
1.50
Preferred Securities Outside Stock Equity
—
Stockholders Equity
223.79
Common Stock Equity
223.79
Capital Stock
0.01
Common Stock
0.01
Preferred Stock
0.00
Share Issued
146.58
Ordinary Shares Number
146.58
Treasury Shares Number
0.00
Additional Paid In Capital
473.27
Retained Earnings
-248.07
Gains Losses Not Affecting Retained Earnings
-1.42
Minority Interest
0.00
Other Equity Adjustments
-1.42
Total Equity Gross Minority Interest
223.79
Total Capitalization
223.79
Working Capital
167.73
Invested Capital
223.79
Total Debt
1.86
Net Debt
—
Capital Lease Obligations
1.86
Net Tangible Assets
222.01
Tangible Book Value
222.01
Available For Sale Securities
15.00
Current Provisions
0.89
Derivative Product Liabilities
0.00
Financial Assets
1.02
Interest Payable
—
Investmentin Financial Assets
15.00
Non Current Accrued Expenses
0.92
Non Current Note Receivables
8.99
Notes Receivable
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-5.65
+89.89%
-55.86
+39.71%
-92.66
-296.88%
-23.35
Cash Flow From Continuing Operating Activities
-5.65
+89.89%
-55.86
+39.71%
-92.66
-296.88%
-23.35
Net Income From Continuing Operations
-103.66
+23.68%
-135.81
-37.96%
-98.44
-25.73%
-78.30
Depreciation Amortization Depletion
5.73
+441.30%
1.06
+18.48%
0.89
-88.47%
7.74
Depreciation
5.73
+441.30%
1.06
—
—
Depreciation And Amortization
5.73
+441.30%
1.06
+18.48%
0.89
-88.47%
7.74
Other Non Cash Items
4.68
+423.29%
-1.45
-2.62%
-1.41
-286.30%
-0.36
Pension And Employee Benefit Expense
—
—
—
-0.01
Stock Based Compensation
36.71
-5.16%
38.71
-10.18%
43.10
+4.97%
41.06
Provisionand Write Offof Assets
9.41
-68.62%
29.98
+19886.67%
0.15
0.00
Asset Impairment Charge
0.00
-100.00%
12.07
0.00
-100.00%
2.83
Deferred Tax
7.15
0.00
—
—
Deferred Income Tax
7.15
0.00
—
—
Operating Gains Losses
2.59
+763.67%
0.30
+35.14%
0.22
+111.02%
-2.01
Gain Loss On Investment Securities
—
1.02
—
-2.33
Unrealized Gain Loss On Investment Securities
8.18
+697.95%
1.02
—
—
Net Foreign Currency Exchange Gain Loss
1.12
+274.67%
0.30
+35.14%
0.22
-29.75%
0.32
Change In Working Capital
23.56
+1455.75%
-1.74
+95.32%
-37.16
-751.66%
5.70
Change In Receivables
-24.76
-137.86%
65.38
+239.69%
-46.81
+38.54%
-76.16
Changes In Account Receivables
-11.33
-198.71%
11.48
+12.55%
10.20
+127.23%
-37.46
Change In Inventory
-0.03
-110.06%
0.31
-92.23%
3.96
+190.52%
-4.38
Change In Prepaid Assets
-5.56
-773.47%
-0.64
-102.48%
25.65
+186.61%
-29.61
Change In Payables And Accrued Expense
60.00
+189.87%
-66.77
-361.76%
25.51
-62.41%
67.86
Change In Other Working Capital
-2.80
-191.12%
3.07
+106.90%
-44.54
-190.09%
49.43
Change In Other Current Assets
-2.99
-71.09%
-1.75
-252.22%
-0.50
+52.85%
-1.05
Change In Other Current Liabilities
-0.30
+77.84%
-1.35
-203.83%
-0.44
-15.03%
-0.39
Investing Cash Flow
-44.61
+24.06%
-58.74
-38.07%
-42.54
-219.41%
-13.32
Cash Flow From Continuing Investing Activities
-44.61
+24.06%
-58.74
-38.07%
-42.54
-219.41%
-13.32
Net PPE Purchase And Sale
-41.09
+29.64%
-58.41
-59.83%
-36.54
-1475.77%
-2.32
Purchase Of PPE
-41.09
+30.18%
-58.85
-61.06%
-36.54
-1475.77%
-2.32
Sale Of PPE
0.00
-100.00%
0.45
0.00
—
Capital Expenditure
-42.47
+27.85%
-58.85
-61.06%
-36.54
-1475.77%
-2.32
Net Investment Purchase And Sale
—
0.00
+100.00%
-6.00
+45.45%
-11.00
Purchase Of Investment
—
0.00
+100.00%
-6.00
+45.45%
-11.00
Net Intangibles Purchase And Sale
-1.37
0.00
—
—
Purchase Of Intangibles
-1.37
0.00
—
—
Net Other Investing Changes
-2.14
-549.09%
-0.33
—
—
Financing Cash Flow
123.05
+48929.37%
-0.25
+95.40%
-5.48
-102.52%
217.77
Cash Flow From Continuing Financing Activities
123.05
+48929.37%
-0.25
+95.40%
-5.48
-102.52%
217.77
Net Issuance Payments Of Debt
94.74
+51310.27%
-0.18
-293.62%
-0.05
+24.19%
-0.06
Issuance Of Debt
151.30
0.00
—
—
Repayment Of Debt
-56.56
-30473.51%
-0.18
-293.62%
-0.05
+24.19%
-0.06
Long Term Debt Issuance
151.30
0.00
—
—
Long Term Debt Payments
-56.56
-30473.51%
-0.18
-293.62%
-0.05
+24.19%
-0.06
Net Long Term Debt Issuance
94.74
+51310.27%
-0.18
-293.62%
-0.05
+24.19%
-0.06
Net Common Stock Issuance
6.85
0.00
—
0.00
Proceeds From Stock Option Exercised
0.73
+1650.00%
0.04
-81.25%
0.22
-97.21%
8.03
Net Other Financing Charges
20.73
+19115.60%
-0.11
+98.07%
-5.66
-102.70%
209.81
Changes In Cash
72.79
+163.38%
-114.85
+18.36%
-140.68
-177.68%
181.11
Effect Of Exchange Rate Changes
0.58
+190.85%
-0.63
-1319.23%
0.05
+206.12%
-0.05
Beginning Cash Position
30.07
-79.34%
145.56
-49.14%
286.18
+172.23%
105.12
End Cash Position
103.44
+243.97%
30.07
-79.34%
145.56
-49.14%
286.18
Free Cash Flow
-48.11
+58.06%
-114.71
+11.21%
-129.20
-403.40%
-25.66
Interest Paid Supplemental Data
3.40
+2660.98%
0.12
+251.43%
0.04
+1650.00%
0.00
Income Tax Paid Supplemental Data
0.64
+1136.54%
0.05
+13.04%
0.05
+1433.33%
0.00
Common Stock Issuance
6.85
0.00
—
0.00
Earnings Losses From Equity Investments
-0.07
0.00
—
—
Issuance Of Capital Stock
6.85
0.00
—
0.00
Net Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Issuance
—
—
—
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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