(NPWR) NET Power - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US64107A1051

Stock: Power Generation, Carbon Capture, Natural Gas

Total Rating 7
Risk 32
Buy Signal -1.42
Risk 5d forecast
Volatility 79.9%
Relative Tail Risk -12.2%
Reward TTM
Sharpe Ratio -0.47
Alpha -96.74
Character TTM
Beta 1.521
Beta Downside 1.765
Drawdowns 3y
Max DD 90.91%
CAGR/Max DD -0.46

Risks

Technicals: volatile

Description: NPWR NET Power March 04, 2026

NET Power Inc. (NPWR) is a US-based energy technology company that developed the NET Power Cycle. This system generates electricity from natural gas while capturing carbon emissions. The company, founded in 2010 and headquartered in Durham, North Carolina, operates in the industrial machinery and supplies sector, which is critical for infrastructure development.

The companys business model focuses on a proprietary technology for clean power generation. This approach addresses the growing demand for sustainable energy solutions and carbon capture technologies in the power industry.

To further understand NPWRs market position and financial health, consider exploring its detailed financials on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income: -593.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.24 > 0.02 and ΔFCF/TA -21.23 > 1.0
NWC/Revenue: 138.9k% < 20% (prev 214.9k%; Δ -75.9k% < -1%)
CFO/TA -0.17 > 3% & CFO -105.9m > Net Income -593.3m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 16.58 > 1.5 & < 3
Outstanding Shares: last quarter (77.9m) vs 12m ago 5.91% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.02% > 50% (prev 0.01%; Δ 0.01% > 0%)
Interest Coverage Ratio: -44.88 > 6 (EBITDA TTM -1.33b / Interest Expense TTM 31.4m)

Altman Z'' -15.00

A: 0.55 (Total Current Assets 369.6m - Total Current Liabilities 22.3m) / Total Assets 629.9m
B: -1.07 (Retained Earnings -675.0m / Total Assets 629.9m)
C: -0.95 (EBIT TTM -1.41b / Avg Total Assets 1.48b)
D: -14.24 (Book Value of Equity -674.9m / Total Liabilities 47.4m)
Altman-Z'' Score: -21.21 = D

Beneish M -4.00

DSRI: 0.62 (Receivables 1.47m/2.36m, Revenue 250.0k/250.0k)
GMI: 1.00 (fallback, negative margins)
AQI: 0.55 (AQ_t 0.39 / AQ_t-1 0.70)
SGI: 1.0 (Revenue 250.0k / 250.0k)
TATA: -0.77 (NI -593.3m - CFO -105.9m) / TA 629.9m)
Beneish M-Score: -4.40 (Cap -4..+1) = AAA

What is the price of NPWR shares?

As of March 06, 2026, the stock is trading at USD 2.01 with a total of 1,034,948 shares traded.
Over the past week, the price has changed by +6.32%, over one month by -7.34%, over three months by -30.82% and over the past year by -69.07%.

Is NPWR a buy, sell or hold?

NET Power has received a consensus analysts rating of 4.40. Therefore, it is recommended to buy NPWR.
  • StrongBuy: 4
  • Buy: 0
  • Hold: 0
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the NPWR price?

Issuer Target Up/Down from current
Wallstreet Target Price 8 298%
Analysts Target Price 8 298%

NPWR Fundamental Data Overview March 04, 2026

P/S = 19146.225
P/B = 1.1266
Revenue TTM = 250.0k USD
EBIT TTM = -1.41b USD
EBITDA TTM = -1.33b USD
Long Term Debt = 4.01m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.24m USD (from shortTermDebt, last quarter)
Debt = 4.01m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -225.3m USD (from netDebt column, last quarter)
Enterprise Value = -183.5m USD (177.9m + Debt 4.01m - CCE 365.4m)
Interest Coverage Ratio = -44.88 (Ebit TTM -1.41b / Interest Expense TTM 31.4m)
EV/FCF = 1.21x (Enterprise Value -183.5m / FCF TTM -151.8m)
FCF Yield = 82.75% (FCF TTM -151.8m / Enterprise Value -183.5m)
FCF Margin = -60.7k% (FCF TTM -151.8m / Revenue TTM 250.0k)
Net Margin = -237.3k% (Net Income TTM -593.3m / Revenue TTM 250.0k)
Gross Margin = unknown ((Revenue TTM 250.0k - Cost of Revenue TTM 63.1m) / Revenue TTM)
Tobins Q-Ratio = -0.29 (set to none) (Enterprise Value -183.5m / Total Assets 629.9m)
Interest Expense / Debt = 782.0% (Interest Expense 31.4m / Debt 4.01m)
Taxrate = 21.0% (US default 21%)
NOPAT = -1.11b (EBIT -1.41b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 16.58 (Total Current Assets 369.6m / Total Current Liabilities 22.3m)
Debt / Equity = 0.03 (Debt 4.01m / totalStockholderEquity, last quarter 143.8m)
Debt / EBITDA = 0.17 (negative EBITDA) (Net Debt -225.3m / EBITDA -1.33b)
Debt / FCF = 1.48 (negative FCF - burning cash) (Net Debt -225.3m / FCF TTM -151.8m)
Total Stockholder Equity = 513.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -40.00% (Net Income -593.3m / Total Assets 629.9m)
RoE = -115.6% (Net Income TTM -593.3m / Total Stockholder Equity 513.2m)
RoCE = -272.4% (out of range, set to none) (EBIT -1.41b / Capital Employed (Equity 513.2m + L.T.Debt 4.01m))
RoIC = -216.8% (out of range, set to none) (NOPAT -1.11b / Invested Capital 513.2m)
WACC = 11.30% (E(177.9m)/V(181.9m) * Re(11.55%) + (debt cost/tax rate unavailable))
Discount Rate = 11.55% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.53%
[DCF] Fair Price = unknown (Cash Flow -151.8m)
EPS Correlation: -46.28 | EPS CAGR: -1.87% | SUE: 0.06 | # QB: 0
Revenue Correlation: -54.46 | Revenue CAGR: -74.99% | SUE: 0.0 | # QB: 0
EPS next Year (2026-12-31): EPS=-0.32 | Chg7d=+0.197 | Chg30d=+0.197 | Revisions Net=+2 | Growth EPS=+84.5% | Growth Revenue=+0.0%

Additional Sources for NPWR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle