Energy Vault Plunges 12.15% on Missed Revenue Targets

On May 13, 2025, Energy Vault's stock experienced a significant drop of 12.15% in pre-market trading, reflecting a challenging start to the day for the company.

Energy Vault Holdings, Inc. reported a quarterly loss of $0.08 per share, which was better than the Zacks Consensus Estimate of a loss of $0.13. This loss, however, was still a decline from the previous year's loss of $0.14 per share. The company's revenue for the quarter ended March 2025 was $8.53 million, missing the Zacks Consensus Estimate by 68.63%. This marks the fourth consecutive quarter where Energy Vault has failed to meet revenue expectations.

Despite the disappointing financial results, there are some positive indicators for Energy Vault. The company's earnings surprise of 38.46% suggests that it is performing better than expected in certain areas. Additionally, the current consensus EPS estimate for the coming quarter is -$0.11 on $37.7 million in revenues, indicating that analysts still have some confidence in the company's future performance.

Investors should also consider the broader industry trends when evaluating Energy Vault's stock. The Alternative Energy - Other industry, to which Energy Vault belongs, is currently in the bottom 40% of the 250 plus Zacks industries. This suggests that the industry as a whole is facing challenges, which could impact Energy Vault's performance.