Can NRGV rebound from its 2024 earnings slump?
4/12/2025 04:19pm
**NRGV's likelihood of a rebound from its 2024 earnings slump appears limited based on current financial metrics and analyst sentiment.** Here's why:
1. **Recent Performance**: Energy Vault's (NRGV) stock closed at $0.7 on April 11, 2025, reflecting a 6.05% increase. However, this modest rise does not necessarily indicate a trend reversal.
|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|NRGV|NRGV.N|Energy Vault|20250411|0.6999|169|
2. **Earnings and Revenue**: The company's latest report period ended on December 31, 2024, with no available data on earnings per share (EPS) or revenue for this period. The MRQ showed a total revenue of $33.47 million, but the EPS was not disclosed.
3. **Analyst Sentiment**: The average analyst price target over the next day, January 14, 2025, to April 11, 2025, is $1.13, with a consensus rating of "Strong Buy". This suggests that analysts are not overly optimistic about a significant rebound in the near term.
4. **Price Target Range**: The current price targets from analysts are $1.5 set on March 20, 2025, and $0.75 on March 19, 2025. The wide range and recent revisions down from $1.5 to $0.75 indicate uncertainty among analysts about NRGV's future performance.
In conclusion, while NRGV has shown some recent price appreciation, the lack of available earnings data, the modest revenue figure, and the analysts' cautious price targets suggest that a significant rebound from the 2024 earnings slump may not be imminent. Investors should monitor the company's performance closely and consider the potential risks before investing.