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Company ProfileEnergy Vault Holdings, Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
NRGV
Energy Vault Holdings, Inc. Stock AnalysisComprehensive stock analysis for Energy Vault Holdings, Inc. (NRGV) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisNRGV
NRGV
Energy Vault Holdings, Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
NRGV
Home🔹Stocks🔹Energy Vault Holdings, Inc.

Energy Vault Holdings, Inc.

FRC Coverage
🇺🇸NRGV•NYSE

Energy Vault Holdings, Inc.

FRC Coverage
🇺🇸NRGV•NYSE
Sentiment

Your view on NRGV

Sentiment
Your view
Company Overview

Overview

What the company does, where it operates, and who runs it.

*Energy Vault Holdings, Inc. has paid FRC a fee for research coverage and distribution of reports.

About Energy Vault Holdings, Inc.

Industry
Electrical Equipment & Parts
Sector
Industrials
CEO
Robert Allen Piconi
Headquarters
4165 East Thousand Oaks Blvd Suite 100, Westlake Village, CA, US
Industry
Electrical Equipment & Parts
Sector
Industrials
CEO
Robert Allen Piconi
Headquarters
4165 East Thousand Oaks Blvd Suite 100, Westlake Village, CA, US
Description

Energy Vault Holdings, Inc. develops and deploys utility-scale energy storage solutions in United States, Australia, and internationally.

The company offers B-Vault, an electrochemical battery energy storage solution for short-duration energy storage needs; B-Nest, a structure designed to house batteries for onsite energy storage serving space-constrained project sites; G-Vault, a gravity energy storage solution for long-duration energy storage needs; and H-Vault, a hydrogen or hybrid energy storage solution.

It also provides software solutions, such as Vault-OS Energy Management System that manages one or more energy storage mediums and the underlying generation assets; Vault-Bidder, which utilizes machine learning algorithms to match node-specific data with real-time weather and asset performance information; and Vault-Manager, which safeguards asset management and to help blend developing technologies.

FRC Research
Buy
Fair Value Estimate
USD$8.03

Record Backlog and AI Contract Strengthen Growth Trajectory

Report · Aug 13, 2026

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FRC Research
Buy
Fair Value Estimate
USD$8.03

Record Backlog and AI Contract Strengthen Growth Trajectory

Report · Aug 13, 2026

Sign in to view

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Energy Vault Holdings, Inc., and the rating behind it. NRGV last traded at $3.87; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Energy Vault Holdings, Inc.. Starting points for Energy Vault Holdings, Inc.: EPS -$0.62, beta 1.24 — an Electrical Equipment & Parts name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Energy Vault Holdings, Inc.. Energy Vault Holdings, Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Energy Vault Holdings, Inc.. Trailing twelve-month EPS for Energy Vault Holdings, Inc. stands at -$0.62. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Energy Vault Holdings, Inc.. Energy Vault Holdings, Inc. has reported as a listed company since 2021. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Energy Vault Holdings, Inc. valued side by side against its closest peers. Energy Vault Holdings, Inc. is measured against Electrical Equipment & Parts peers within the Industrials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Energy Vault Holdings, Inc., and how their positions are changing. At a $701.4M market value, institutional positions materially move Energy Vault Holdings, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Energy Vault Holdings, Inc. executives and directors. Shares of Energy Vault Holdings, Inc. have traded between $0.60 and $4.85 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Energy Vault Holdings, Inc.. Energy Vault Holdings, Inc. is a $701.4M Industrials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Energy Vault Holdings, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Energy Vault Holdings, Inc.. Coverage tracks Energy Vault Holdings, Inc. within Electrical Equipment & Parts (Industrials). Press releases and market coverage, newest first.

Discussion

Comments

Comments and replies from FRC members about this company.

Peer companies

  • CDZICadiz Inc.
  • CWCOConsolidated Water Co. Ltd.
  • ELLOEllomay Capital Ltd.
  • GNEGenie Energy Ltd.
  • NFENew Fortress Energy Inc.
  • NXXTNextNRG Inc.
  • RAINRain Enhancement Technologies Holdco Inc

More Electrical Equipment & Parts companies

  • ITGMFAirengy Tech Ltd.
  • JBZYJB&ZJMY Holding Company, Inc.
  • KEKimball Electronics, Inc.
  • KGBLYKingboard Laminates Holdings Limited
  • LDGYYLandis+Gyr Group AG
  • LGRDYLegrand S.A.
  • LGRVFLegrand S.A.
  • ABBNYABB Ltd
  • ABHBYAlfen N.V.
  • ABLZFABB Ltd
  • ADNHAdvent Technologies Holdings, Inc.
  • ADSEADS-TEC Energy PLC

ETFs holding Energy Vault Holdings, Inc.

Largest holders, then the funds most concentrated in NRGV · % = share of the fund

  • VTIVanguard Total Stock Market ETF0.00%
  • IWMiShares Russell 2000 ETF0.02%
  • GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund0.06%
  • CNRGState Street SPDR S&P Kensho Clean Power ETF3.11%
  • CTEXProShares - S&P Kensho Cleantech ETF3.85%
  • CARS.TOEvolve Automobile Innovation Index Fund1.81%
  • ACESALPS Clean Energy ETF0.92%
  • AIPODefiance AI & Power Infrastructure ETF0.33%

Research Reports

5 reports

*Energy Vault Holdings, Inc. has paid FRC a fee for research coverage and distribution of reports.

Aug 13, 2026

Record Backlog and AI Contract Strengthen Growth Trajectory

Energy Vault Holdings, Inc. reported a 104% YoY revenue increase in Q2, driven by third-party deployments, despite rising operating expenses.

Thumbnail for Record Backlog and AI Contract Strengthen Growth Trajectory
May 7, 2026

AI Upside, Storage Strength, and Mispricing

Energy Vault Holdings, Inc. reported a 156% YoY revenue increase in Q1, driven by third-party deployments, despite a modest EPS miss.

Thumbnail for AI Upside, Storage Strength, and Mispricing
Mar 19, 2026

2025 Beat, Robust Pipeline Growth & AI Energy Expansion

Energy Vault Holdings, Inc. targets $225–$300M revenue in 2026, with new projects and AI expansion driving significant growth potential.

Thumbnail for 2025 Beat, Robust Pipeline Growth & AI Energy Expansion
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9 notes

*Energy Vault Holdings, Inc. has paid FRC a fee for research coverage and distribution of reports.

Oct 5, 2026·YesterdayLatest
Company Announcement

Stoney Creek Moves Closer to Construction

FRC Analyst's Comment

NRGV received State Development Approval for its 125 MW / 1 GWh Stoney Creek battery energy storage system (BESS) in New South Wales, clearing a key regulatory hurdle ahead of construction. The project remains on its previously disclosed timeline, with construction expected to begin in Q4-2026, and commercial operations targeted for H1-2028. The project is supported by a 14-year Long-Term Energy Service Agreement (LTESA), providing a long-term contracted revenue stream, and greater revenue visibility. Stoney Creek is expected to generate approximately $25–$30M in annual revenue once operational. 
We view the continued advancement of NRGV’s project pipeline positively, with multiple projects progressing toward construction, and potential revenue generation.

Sep 8, 2026·4 weeks ago
Company Announcement

AI Project Gets Government Strategic Designation

FRC Analyst's Comment

One of NRGV’s previously announced projects in Sardinia was designated a project of pre-eminent national strategic interest by the  Italian government. The project initially targets ~30 MW of AI data center capacity, with potential expansion to 100 MW+. Construction is targeted for 2028, with commercial operations expected by 2030. The designation is a meaningful de-risking milestone, potentially accelerating the approval process, and advancing the project toward construction.

At the end of Q2, NRGV managed 1,066 MW of assets, including 66 MW operational, with the remainder expected online within two to three years. Management targets $180M in annual EBITDA at full operation, and $1.8B+ by 2030, from a ~4.8 GW portfolio.

The company’s recent expansion into digital infrastructure is a major growth opportunity, driven by rising AI, cloud, and data center power demand.

Aug 10, 2026·1 month ago
Company Announcement

Largest Contract Validates AI Infrastructure Strategy (All figures in US$)

FRC Analyst's Comment

NRGV announced its largest contract to date, securing an agreement to deploy 1.25 GW of power infrastructure for an AI data center in Texas. Management expects the project to generate $500–$600M in revenue during H2-2026 and 2027, with additional details to be provided during the upcoming earnings call on August 11, 2026. 

We have previously highlighted the company's expansion into AI infrastructure as a key growth driver, and are encouraged to see meaningful traction. We will update our revenue and EPS forecasts following the earnings call.

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News

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