(NRGV) Energy Vault Holdings - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US29280W1099

Stock: Battery Storage, Gravity Storage, Hydrogen Storage, Energy Software

Total Rating 41
Risk 33
Buy Signal -0.28
Risk 5d forecast
Volatility 110%
Relative Tail Risk -8.39%
Reward TTM
Sharpe Ratio 1.32
Alpha 115.76
Character TTM
Beta 2.152
Beta Downside 2.302
Drawdowns 3y
Max DD 83.51%
CAGR/Max DD 0.06

Description: NRGV Energy Vault Holdings January 17, 2026

Energy Vault Holdings, Inc. (NYSE:NRGV) designs and deploys utility-scale energy-storage systems across the United States, Australia, and other markets. Its product lineup includes B-Vault (short-duration electrochemical batteries), B-Nest (compact battery enclosures for space-limited sites), G-Vault (gravity-based long-duration storage), and H-Vault (hydrogen or hybrid storage). The firm also offers a software suite-Vault-OS for integrated energy-asset management, Vault-Bidder that applies machine-learning to optimize market bidding, and Vault-Manager for lifecycle oversight. Founded in 2020 and headquartered in Westlake Village, California, Energy Vault positions itself as a multi-technology storage provider.

Recent data points suggest the company is scaling: Q4 2023 disclosed a backlog of roughly $150 million in contracted projects, and its 2023 revenue grew to about $12 million with a cash burn rate of $8 million per quarter, reflecting early-stage capital intensity. Macro-drivers include the accelerating U.S. renewable-energy build-out-IEA estimates long-duration storage demand could exceed 200 GW by 2030-and policy incentives such as the Inflation Reduction Act, which subsidizes storage deployments. Competitively, gravity-based storage like G-Vault benefits from lower cycle-life degradation compared with lithium-ion, a factor that could improve total-cost-of-ownership metrics if scaling efficiencies materialize.

For a deeper dive into Energy Vault’s valuation dynamics and how they compare to peers, you might explore the analytics on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income: -144.7m TTM > 0 and > 6% of Revenue
FCF/TA: -0.27 > 0.02 and ΔFCF/TA -4.83 > 1.0
NWC/Revenue: -73.00% < 20% (prev 46.74%; Δ -119.7% < -1%)
CFO/TA -0.12 > 3% & CFO -33.9m > Net Income -144.7m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 0.63 > 1.5 & < 3
Outstanding Shares: last quarter (163.3m) vs 12m ago 8.30% < -2%
Gross Margin: 22.65% > 18% (prev 0.05%; Δ 2260 % > 0.5%)
Asset Turnover: 31.36% > 50% (prev 51.79%; Δ -20.44% > 0%)
Interest Coverage Ratio: -24.21 > 6 (EBITDA TTM -128.8m / Interest Expense TTM 5.43m)

Altman Z'' -12.57

A: -0.22 (Total Current Assets 103.2m - Total Current Liabilities 164.4m) / Total Assets 281.9m
B: -1.66 (Retained Earnings -466.7m / Total Assets 281.9m)
C: -0.49 (EBIT TTM -131.3m / Avg Total Assets 267.4m)
D: -2.33 (Book Value of Equity -468.6m / Total Liabilities 201.3m)
Altman-Z'' Score: -12.57 = D

Beneish M -3.80

DSRI: 0.61 (Receivables 11.8m/30.1m, Revenue 83.8m/131.0m)
GMI: 0.24 (GM 22.65% / 5.42%)
AQI: 2.51 (AQ_t 0.29 / AQ_t-1 0.12)
SGI: 0.64 (Revenue 83.8m / 131.0m)
TATA: -0.39 (NI -144.7m - CFO -33.9m) / TA 281.9m)
Beneish M-Score: -3.80 (Cap -4..+1) = AAA

What is the price of NRGV shares?

As of February 10, 2026, the stock is trading at USD 4.19 with a total of 2,466,043 shares traded.
Over the past week, the price has changed by -8.91%, over one month by -20.79%, over three months by +18.03% and over the past year by +147.93%.

Is NRGV a buy, sell or hold?

Energy Vault Holdings has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy NRGV.
  • StrongBuy: 2
  • Buy: 1
  • Hold: 0
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the NRGV price?

Issuer Target Up/Down from current
Wallstreet Target Price 3.7 -11%
Analysts Target Price 3.7 -11%
ValueRay Target Price 4.8 13.8%

NRGV Fundamental Data Overview February 09, 2026

P/S = 8.4259
P/B = 8.7666
Revenue TTM = 83.8m USD
EBIT TTM = -131.3m USD
EBITDA TTM = -128.8m USD
Long Term Debt = 31.6m USD (from longTermDebt, last quarter)
Short Term Debt = 29.1m USD (from shortTermDebt, last quarter)
Debt = 62.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 29.8m USD (from netDebt column, last quarter)
Enterprise Value = 736.2m USD (706.4m + Debt 62.5m - CCE 32.7m)
Interest Coverage Ratio = -24.21 (Ebit TTM -131.3m / Interest Expense TTM 5.43m)
EV/FCF = -9.80x (Enterprise Value 736.2m / FCF TTM -75.1m)
FCF Yield = -10.20% (FCF TTM -75.1m / Enterprise Value 736.2m)
FCF Margin = -89.57% (FCF TTM -75.1m / Revenue TTM 83.8m)
Net Margin = -172.6% (Net Income TTM -144.7m / Revenue TTM 83.8m)
Gross Margin = 22.65% ((Revenue TTM 83.8m - Cost of Revenue TTM 64.8m) / Revenue TTM)
Gross Margin QoQ = 27.04% (prev 29.56%)
Tobins Q-Ratio = 2.61 (Enterprise Value 736.2m / Total Assets 281.9m)
Interest Expense / Debt = 4.45% (Interest Expense 2.78m / Debt 62.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = -103.8m (EBIT -131.3m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.63 (Total Current Assets 103.2m / Total Current Liabilities 164.4m)
Debt / Equity = 0.78 (Debt 62.5m / totalStockholderEquity, last quarter 80.6m)
Debt / EBITDA = -0.23 (negative EBITDA) (Net Debt 29.8m / EBITDA -128.8m)
Debt / FCF = -0.40 (negative FCF - burning cash) (Net Debt 29.8m / FCF TTM -75.1m)
Total Stockholder Equity = 103.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -54.12% (Net Income -144.7m / Total Assets 281.9m)
RoE = -140.4% (Net Income TTM -144.7m / Total Stockholder Equity 103.0m)
RoCE = -97.57% (EBIT -131.3m / Capital Employed (Equity 103.0m + L.T.Debt 31.6m))
RoIC = -78.02% (negative operating profit) (NOPAT -103.8m / Invested Capital 133.0m)
WACC = 13.00% (E(706.4m)/V(768.9m) * Re(13.84%) + D(62.5m)/V(768.9m) * Rd(4.45%) * (1-Tc(0.21)))
Discount Rate = 13.84% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 6.02%
Fair Price DCF = unknown (Cash Flow -75.1m)
EPS Correlation: -4.37 | EPS CAGR: -16.67% | SUE: 0.06 | # QB: 0
Revenue Correlation: 10.58 | Revenue CAGR: -6.96% | SUE: -0.03 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.04 | Chg30d=-0.010 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.14 | Chg30d=-0.005 | Revisions Net=-1 | Growth EPS=+49.1% | Growth Revenue=+29.0%

Additional Sources for NRGV Stock

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