Energy Vault Shares Plunge 19.81% Amid Scaling Doubts, Energy Transition Turbulence

Energy Vault shares plunged 19.81% in pre-market trading on Nov. 13, 2025, marking one of the most significant drops in the stock’s history amid heightened investor caution over its commercial viability and regulatory challenges.

The selloff followed a series of recent developments casting doubt on the firm’s ability to scale its gravity-based energy storage technology. Analysts noted that declining investor confidence in the sector, coupled with broader market skepticism toward unproven clean energy startups, amplified the downward pressure. Short-term technical indicators, including a breakdown below critical support levels, have triggered algorithmic selling and further eroded momentum.

Despite long-term interest in sustainable infrastructure, Energy Vault’s lack of consistent revenue growth and reliance on speculative funding have left it vulnerable to market sentiment shifts. The stock’s volatility reflects broader uncertainties in the energy transition space, where regulatory delays and capital intensity often deter institutional participation.

Looking ahead, investors will be closely watching how the company addresses its liquidity constraints and whether it can secure meaningful partnerships or government backing. With energy markets remaining highly sensitive to macroeconomic and geopolitical factors, Energy Vault’s path to commercialization remains uncertain.