Energy Vault Holdings, Inc. reports results for the quarter ended June 30 - Earnings Summary
Energy Vault Holdings, Inc. reports results for the quarter ended June 30 - Earnings Summary
Energy Vault Holdings, Inc. NRGV.N reported a quarterly adjusted loss of 17 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -22 cents. The mean expectation of five analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -20 cents to -15 cents per share.
Revenue rose 104.1% to $17.37 million from a year ago; analysts expected $14.14 million.
Energy Vault Holdings, Inc.'s reported EPS for the quarter was a loss of 17 cents.
The company reported a quarterly loss of $29.69 million.
Energy Vault Holdings, Inc. shares had fallen by 29.1% this quarter and lost 27.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 5.9% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for Energy Vault Holdings, Inc. is $5.00, about 28.4% above its last closing price of $3.58
This summary was machine generated from LSEG data August 11 at 10:21 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.17 | -0.17 | Met |
Mar. 31 2026 | -0.14 | -0.20 | Missed |
Dec. 31 2025 | -0.09 | -0.13 | Missed |
Sep. 30 2025 | -0.09 | -0.17 | Missed |
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