ROTH MKM initiated coverage on Energy Vault with a new price target
$NRGV
Industrial Machinery/Components
Miscellaneous
ROTH MKM initiated coverage of Energy Vault with a rating of Buy and set a new price target of $4.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/18/2025 | $2.50 → $2.00 | Buy | TD Cowen |
| 4/8/2024 | Buy → Sell | Chardan Capital Markets | |
| 3/13/2024 | $6.00 → $5.00 | Outperform | TD Cowen |
| 1/16/2024 | $4.00 | Buy | ROTH MKM |
| 3/6/2023 | Buy → Neutral | Guggenheim | |
| 6/29/2022 | $13.00 | Buy | Chardan Capital Markets |
| 3/22/2022 | $22.00 | Buy | Guggenheim |
| 3/14/2022 | $9.00 | Sell | Goldman |
4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)
4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)
4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)
Current Contract revenue backlog increased 47% to $954 million versus Q1, now up 120% year-to-date Q2 2025 Revenue increased 126% to $8.5 million compared to the prior year period Q2 2025 GAAP gross profit of 29.6%, increasing 140% versus prior year to $2.5 million Q2 2025 Adjusted EBITDA improved 11% versus prior year, to a loss of $13.7 million from a loss of $15.4 million Implemented an additional $6.5 million cost savings initiative (annualized) Cash improved 23% versus prior quarter to $58.1 million, finishing at the high end of the previous guidance range Cross Trails project financing of $17.8 million completed in July; another $27 million in total net ITC proceeds antici
Capital from a leading, multi-billion-dollar infrastructure fund expected to enable over $1.0 Billion in CapEx spending for 1.5 GW of projects under development across the U.S., Australia and Europe Preferred equity is non-dilutive to common shareholders and includes milestones for equity participation in Energy Vault Holdings NYSE List Co to align shareholder interests Investment accelerates timeline to generate annual, recurring EBITDA of $100 million+ in the next 3-4 years with the current projects in operation and under active development Project portfolio prioritized with clear monetization strategy supported by long term contracts with bankable off-take agreements and/or attract
Stoney Creek represents first acquisition in Australia as part of Energy Vault's global "Own & Operate" portfolio and reinforces long-term commitment to Australia's energy transition 125 MW/1,000 MWh Stoney Creek BESS set to support grid reliability and flexibility while advancing the energy transition in New South Wales, supported by a 14-year offtake agreement Stoney Creek is Energy Vault's third and largest Energy Storage Asset in the portfolio, following the successful completion of the Cross Trails BESS in Texas and Calistoga Resiliency Center in California, and is expected to deliver ~$30 million in combined annual, recurring EBITDA for the next 15+ years Energy Vault Holdings,
TD Cowen reiterated coverage of Energy Vault with a rating of Buy and set a new price target of $2.00 from $2.50 previously
Chardan Capital Markets downgraded Energy Vault from Buy to Sell
TD Cowen reiterated coverage of Energy Vault with a rating of Outperform and set a new price target of $5.00 from $6.00 previously
8-K - Energy Vault Holdings, Inc. (0001828536) (Filer)
10-Q - Energy Vault Holdings, Inc. (0001828536) (Filer)
8-K - Energy Vault Holdings, Inc. (0001828536) (Filer)
4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)
4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)
4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)
Current Contract revenue backlog increased 47% to $954 million versus Q1, now up 120% year-to-date Q2 2025 Revenue increased 126% to $8.5 million compared to the prior year period Q2 2025 GAAP gross profit of 29.6%, increasing 140% versus prior year to $2.5 million Q2 2025 Adjusted EBITDA improved 11% versus prior year, to a loss of $13.7 million from a loss of $15.4 million Implemented an additional $6.5 million cost savings initiative (annualized) Cash improved 23% versus prior quarter to $58.1 million, finishing at the high end of the previous guidance range Cross Trails project financing of $17.8 million completed in July; another $27 million in total net ITC proceeds antici
Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or "the Company"), a leader in sustainable, grid-scale energy storage solutions, announced today that the Company will release its earnings results for the second quarter ended June 30, 2025 on Thursday, August 7, 2025 followed by a conference call at 4:30 PM ET. Participants may access the call at 1-800-343-4849, international callers may use 1-203-518-9848. When prompted, please provide the Conference ID: EnergyQ2 to join the Energy Vault Holdings earnings call. A live webcast will also be available at https://investors.energyvault.com/events-and-presentations/events. A telephonic replay of the call will be available shortly afte
Contract revenue backlog of $648 million, up 49% year-to-date on Australia and U.S. strength Q1 2025 Revenue increased by 10% versus prior year to $8.5 million driven by Australia projects and India license Q1 2025 GAAP gross margin more than doubled to 57.1% versus prior year on favorable regional and revenue mix Quarter-end Cash improved 57% versus year-end 2024 to $47.2 million as the Calistoga project financing was completed; additional ~$45 million from the Cross Trails project financing and sale of ITC's expected in Q2 and Q3 Milestone achieved of Energy Vault's first owned & operated energy storage asset, Cross Trails in Texas, now complete and generating revenue during the commi
SC 13G - Energy Vault Holdings, Inc. (0001828536) (Subject)
SC 13G/A - Energy Vault Holdings, Inc. (0001828536) (Subject)
SC 13G/A - Energy Vault Holdings, Inc. (0001828536) (Subject)
Hixon brings extensive Board of Directors and industry experience as a longtime investor focused on transformative technologies Hixon to replace Bill Gross as an independent Director, with Gross transitioning to an advisory role focused on applications of gravity energy storage technology to high growth data center segments Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or the "Company"), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Dylan Hixon to the Company's Board of Directors effective March 31, 2025. He replaces Energy Vault's co-founder, Bill Gross, who will resign from the Board and transition to the role of Advisor. This
Energy Vault has realigned its organization to accelerate growth and market adoption of its diversified portfolio of energy storage solutions across all durations, enhancing and streamlining go-to-market strategy while rapidly expanding its regional operations in Australia Executed on a series of cost savings measures that will result in annualized savings of $6 - 8 million; The Company is reiterating its target of quarterly cash operating expenses of roughly $15 million in the second half of 2024 Bolstered growth strategy with the addition of Wes Fuller, seasoned energy storage sales executive, as Head of Global Sales Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or the "Co
ACEN Australia and Energy Vault to begin deployment of two battery energy storage systems (BESS), with a total capacity of 200 MW/400 MWh, at ACEN Australia's 720 MW New England Solar project The project will be built using the most advanced grid-forming inverter technology which can provide system stability services that coal, hydro and gas generators currently provide Grid-forming inverters will be integrated with Energy Vault B-Vault DC block, managed by the Vault-OS energy management system Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced the execution of a contract with ACEN Australia for the p