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NRGV — Energy Vault Holdings News Story

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Energy Vault Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

Energy Vault Holdings Inc NRGV.N reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended March 31, identical to the same quarter last year.  The mean expectation of four analysts for the quarter was for a loss of 13 cents per share.

Revenue rose 10% to $8.53 million from a year ago; analysts expected $25.04 million.

Energy Vault Holdings Inc's reported EPS for the quarter was a loss of 14 cents​.

The company reported a quarterly loss of $21.14 million.

Energy Vault Holdings Inc shares had risen by 10.0% this quarter and lost 66.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 30% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 $1.75

This summary was machine generated from LSEG data May 12 at 09:00 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.13-0.14Missed
Dec. 31 2024-0.13-0.34Missed
Sep. 30 2024-0.14-0.18Missed
Jun. 30 2024-0.12-0.18Missed

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