Energy Vault (NRGV) Stock Forecast, Price Target & Predictions

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NRGV Stock Forecast

Energy Vault stock forecast is as follows: an average price target of $2.75 (represents a 62.72% upside from NRGV’s last price of $1.69) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

NRGV Price Target

The average price target for Energy Vault (NRGV) is $2.75 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $5.00 to $0.75. This represents a potential 62.72% upside from NRGV's last price of $1.69.

NRGV Analyst Ratings

Buy

According to 4 Wall Street analysts, Energy Vault's rating consensus is 'Buy'. The analyst rating breakdown for NRGV stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 0 'Hold' (0.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

Energy Vault Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 20, 2024	Stephen Gengaro	Stifel Nicolaus	$2.50	$1.16	115.52%	47.93%
Apr 08, 2024	Brian Dobson	Loop Capital Markets	$0.75	$1.73	-56.65%	-55.62%
Aug 09, 2022		Goldman Sachs	$5.00	$4.73	5.71%	195.86%
Mar 10, 2022	Stephen Gengaro	Stifel Nicolaus	$19.00	$11.20	69.64%	1024.26%

The latest Energy Vault stock forecast, released on May 20, 2024 by Stephen Gengaro from Stifel Nicolaus, set a price target of $2.50, which represents a 115.52% increase from the stock price at the time of the forecast ($1.16), and a 47.93% increase from NRGV last price ($1.69).

Energy Vault Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$1.63
Last Closing Price	$1.69	$1.69	$1.69
Upside/Downside	-100.00%	-100.00%	-3.55%

In the current month, the average price target of Energy Vault stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Energy Vault's last price of $1.69. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Apr 30, 2024	Goldman Sachs	Buy	Buy	Hold
Apr 08, 2024	Chardan Capital		Sell	Downgrade
Mar 06, 2023	Guggenheim		Buy	Upgrade
Aug 09, 2022	Goldman Sachs	Sell	Sell	Hold
Feb 24, 2022	Cowen & Co.		Outperform	Initialise

Energy Vault's last stock rating was published by Goldman Sachs on Apr 30, 2024. The company gave NRGV a "Buy" rating, the same as its previous rate.

Energy Vault Financial Forecast

Energy Vault Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$118.24M	$172.21M	$39.68M	$11.42M	$100.32M	$1.69M	$977.00K	$42.88M
Avg Forecast	$222.29M	$155.25M	$73.21M	$58.81M	$138.73M	$91.99M	$44.74M	$30.60M	$42.51M	$13.40M	$14.78M	$13.29M	$143.61M	$121.10M	$54.28M	$12.96M	$80.45M	$7.83M	$5.92M	$12.97M
High Forecast	$281.03M	$196.27M	$92.55M	$74.35M	$175.38M	$116.30M	$56.56M	$36.49M	$43.55M	$13.40M	$18.68M	$13.29M	$155.91M	$121.10M	$68.62M	$16.39M	$101.70M	$7.83M	$5.92M	$12.97M
Low Forecast	$154.71M	$108.05M	$50.95M	$40.93M	$96.55M	$64.02M	$31.14M	$24.72M	$41.48M	$13.40M	$10.29M	$13.29M	$131.32M	$121.10M	$37.78M	$9.02M	$55.99M	$7.83M	$5.92M	$12.97M
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.82%	1.42%	0.73%	0.88%	1.25%	0.22%	0.17%	3.31%

Energy Vault's average Quarter revenue forecast for Mar 24 based on 1 analysts is $13.29M, with a low forecast of $13.29M, and a high forecast of $13.29M. NRGV's average Quarter revenue forecast represents a -88.76% decrease compared to the company's last Quarter revenue of $118.24M (Dec 23).

Energy Vault EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-21.92M	$-19.13M	$-25.93M	$-30.96M	$-23.48M	$-27.30M	$-20.54M	$22.09M
Avg Forecast	$99.49M	$69.49M	$32.77M	$26.32M	$62.09M	$41.17M	$20.02M	$13.70M	$19.03M	$6.00M	$6.61M	$5.95M	$64.28M	$54.20M	$24.29M	$5.80M	$36.01M	$3.69M	$2.79M	$-143.30M
High Forecast	$125.78M	$87.85M	$41.42M	$33.28M	$78.50M	$52.05M	$25.32M	$16.33M	$19.49M	$6.00M	$8.36M	$5.95M	$69.78M	$54.20M	$30.71M	$7.34M	$45.52M	$3.69M	$2.79M	$-114.64M
Low Forecast	$69.24M	$48.36M	$22.80M	$18.32M	$43.21M	$28.65M	$13.94M	$11.06M	$18.56M	$6.00M	$4.60M	$5.95M	$58.77M	$54.20M	$16.91M	$4.04M	$25.06M	$3.69M	$2.79M	$-171.96M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.34%	-0.35%	-1.07%	-5.34%	-0.65%	-7.41%	-7.37%	-0.15%

1 analysts predict NRGV's average Quarter EBITDA for Jun 22 to be $2.79M, with a high of $2.79M and a low of $2.79M. This is -87.38% lower than Energy Vault's previous annual EBITDA (Mar 22) of $22.09M.

Energy Vault Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-22.17M	$-18.94M	$-26.16M	$-29.39M	$-23.28M	$-28.77M	$-6.18M	$-20.08M
Avg Forecast	$9.05M	$-1.51M	$-9.05M	$-12.06M	$-7.54M	$-10.93M	$-16.21M	$-15.46M	$-18.10M	$-19.52M	$-17.29M	$-20.09M	$-17.30M	$-18.10M	$-28.15M	$-31.42M	$-17.80M	$-20.28M	$-13.80M	$-153.60M
High Forecast	$12.16M	$-912.04K	$-5.47M	$-7.30M	$-4.56M	$-6.61M	$-9.80M	$-12.65M	$-10.94M	$-11.80M	$-10.46M	$-12.15M	$-13.84M	$-10.94M	$-17.03M	$-19.00M	$-10.76M	$-20.28M	$-13.80M	$-122.88M
Low Forecast	$5.47M	$-2.03M	$-12.16M	$-16.21M	$-10.13M	$-14.69M	$-21.78M	$-16.86M	$-24.31M	$-26.22M	$-23.23M	$-27.00M	$-19.03M	$-24.31M	$-37.82M	$-42.21M	$-23.91M	$-20.28M	$-13.80M	$-184.33M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.28%	1.05%	0.93%	0.94%	1.31%	1.42%	0.45%	0.13%

Energy Vault's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. NRGV's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Energy Vault SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$20.44M	$19.99M	$21.86M	$24.12M	$27.77M	$16.72M	$12.62M	$12.39M
Avg Forecast	$165.79M	$115.79M	$54.60M	$43.86M	$103.46M	$68.61M	$33.37M	$22.82M	$31.71M	$9.99M	$11.02M	$9.91M	$107.10M	$90.31M	$40.48M	$9.67M	$60.00M	$5.84M	$4.42M	$9.68M
High Forecast	$209.59M	$146.38M	$69.02M	$55.45M	$130.80M	$86.73M	$42.18M	$27.21M	$32.48M	$9.99M	$13.93M	$9.91M	$116.28M	$90.31M	$51.18M	$12.22M	$75.85M	$5.84M	$4.42M	$9.68M
Low Forecast	$115.38M	$80.58M	$38.00M	$30.53M	$72.01M	$47.75M	$23.22M	$18.43M	$30.93M	$9.99M	$7.67M	$9.91M	$97.93M	$90.31M	$28.17M	$6.73M	$41.76M	$5.84M	$4.42M	$9.68M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.19%	0.22%	0.54%	2.49%	0.46%	2.86%	2.86%	1.28%

Energy Vault's average Quarter SG&A projection for Mar 24 is $9.91M, based on 1 Wall Street analysts, with a range of $9.91M to $9.91M. The forecast indicates a -51.51% fall compared to NRGV last annual SG&A of $20.44M (Dec 23).

Energy Vault EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.15	$-0.13	$-0.18	$-0.21	$-0.17	$-0.21	$-0.05	$-0.25
Avg Forecast	$0.06	$-0.01	$-0.06	$-0.08	$-0.05	$-0.07	$-0.11	$-0.10	$-0.12	$-0.13	$-0.11	$-0.13	$-0.11	$-0.12	$-0.19	$-0.21	$-0.12	$-0.14	$-0.09	$-0.04
High Forecast	$0.08	$-0.01	$-0.04	$-0.05	$-0.03	$-0.04	$-0.07	$-0.08	$-0.07	$-0.08	$-0.07	$-0.08	$-0.09	$-0.07	$-0.11	$-0.13	$-0.07	$-0.14	$-0.09	$-0.04
Low Forecast	$0.04	$-0.01	$-0.08	$-0.11	$-0.07	$-0.10	$-0.14	$-0.11	$-0.16	$-0.17	$-0.15	$-0.18	$-0.13	$-0.16	$-0.25	$-0.28	$-0.16	$-0.14	$-0.09	$-0.04
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.31%	1.08%	0.96%	1.01%	1.44%	1.54%	0.50%	6.25%

According to undefined Wall Street analysts, Energy Vault's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to NRGV previous annual EPS of $NaN (undefined).

Energy Vault Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
ADN	Advent Technologies	$5.68	$120.00	2012.68%	Buy
FLNC	Fluence Energy	$17.04	$26.30	54.34%	Buy
NRGV	Energy Vault	$1.83	$2.75	50.27%	Buy
CWEN	Clearway Energy	$26.10	$35.50	36.02%	Buy
RNW	ReNew Energy Global	$7.04	$9.00	27.84%	Hold
ENLT	Enlight Renewable Energy	$16.37	$20.00	22.17%
ORA	Ormat	$71.47	$85.00	18.93%	Buy
AMPS	Altus Power	$3.81	$4.50	18.11%	Buy
AY	Atlantica Sustainable Infrastructure	$21.99	$25.40	15.51%	Hold

NRGV Forecast FAQ

Is Energy Vault a good buy?

Yes, according to 4 Wall Street analysts, Energy Vault (NRGV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of NRGV's total ratings.

What is NRGV's price target?

Energy Vault (NRGV) average price target is $2.75 with a range of $0.75 to $5, implying a 62.72% from its last price of $1.69. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Energy Vault stock go up soon?

According to Wall Street analysts' prediction for NRGV stock, the company can go up by 62.72% (from the last price of $1.69 to the average price target of $2.75), up by 195.86% based on the highest stock price target, and down by -55.62% based on the lowest stock price target.

Can Energy Vault stock reach $3?

NRGV's highest twelve months analyst stock price target of $5 supports the claim that Energy Vault can reach $3 in the near future.

What are Energy Vault's analysts' financial forecasts?

Energy Vault's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $306.06M (high $384.73M, low $216.42M), average EBITDA is $136.98M (high $172.19M, low $96.86M), average net income is $-50.145M (high $-33.624M, low $-63.466M), average SG&A $228.26M (high $286.93M, low $161.41M), and average EPS is $-0.332 (high $-0.223, low $-0.421). NRGV's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $509.56M (high $644.2M, low $354.64M), average EBITDA is $228.06M (high $288.32M, low $158.72M), average net income is $-13.573M (high $-1.524M, low $-24.92M), average SG&A $380.03M (high $480.44M, low $264.49M), and average EPS is $-0.09 (high $-0.0101, low $-0.165).

Did the NRGV's actual financial results beat the analysts' financial forecasts?

Based on Energy Vault's last annual report (Dec 2023), the company's revenue was $341.54M, beating the average analysts forecast of $331.95M by 2.89%. Apple's EBITDA was $-97.934M, missing the average prediction of $148.57M by -165.92%. The company's net income was $-98.443M, beating the average estimation of $-94.966M by 3.66%. Apple's SG&A was $86.27M, missing the average forecast of $247.57M by -65.15%. Lastly, the company's EPS was $-0.69, beating the average prediction of $-0.63 by 9.58%. In terms of the last quarterly report (Dec 2023), Energy Vault's revenue was $118.24M, missing the average analysts' forecast of $143.61M by -17.67%. The company's EBITDA was $-21.917M, missing the average prediction of $64.28M by -134.10%. Energy Vault's net income was $-22.172M, beating the average estimation of $-17.298M by 28.18%. The company's SG&A was $20.44M, missing the average forecast of $107.1M by -80.92%. Lastly, the company's EPS was $-0.15, beating the average prediction of $-0.115 by 30.78%