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Utilities - Renewable Utilities - NYSE - US
$ 1.46
-12 %
$ 220 M
Market Cap
-2.43
P/E
1. INTRINSIC VALUE

Energy Vault Holdings, Inc. develops and sells energy storage solutions. The company offers gravity-based storage systems, including EVx Platform, a scalable, modular product line starting from 40-megawatt hour to multi-gigawatt hours to address grid resiliency needs in shorter durations; Energy Vault Resiliency Center, a scalable, gigawatt hour scale product line designed to address grid resiliency needs to manage energy disruptive climate events; and Energy Vault solutions. Its solutions allow utilities, independent power producers, and large energy users to manage their power portfolios and efficiently dispatch power. Energy Vault Holdings, Inc. is based in Westlake Village, California.[ Read More ]

The intrinsic value of one NRGV stock under the base case scenario is HIDDEN Compared to the current market price of 1.46 USD, Energy Vault Holdings, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart NRGV

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FINANCIALS
342 M REVENUE
134.13%
-107 M OPERATING INCOME
-77.14%
-98.4 M NET INCOME
-25.73%
-92.7 M OPERATING CASH FLOW
-296.88%
-42.5 M INVESTING CASH FLOW
-219.41%
-5.48 M FINANCING CASH FLOW
-2.52%
1.2 M REVENUE
-68.20%
-27.1 M OPERATING INCOME
-5.72%
-26.6 M NET INCOME
-1.68%
-9.19 M OPERATING CASH FLOW
28.13%
-27.3 M INVESTING CASH FLOW
-125.90%
205 K FINANCING CASH FLOW
-80.25%
Balance Sheet Decomposition Energy Vault Holdings, Inc.
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Current Assets 280 M
Cash & Short-Term Investments 110 M
Receivables 116 M
Other Current Assets 53.6 M
Non-Current Assets 61.2 M
Long-Term Investments 17.3 M
PP&E 32.7 M
Other Non-Current Assets 11.1 M
Current Liabilities 112 M
Accounts Payable 21.2 M
Short-Term Debt 1.45 M
Other Current Liabilities 89.2 M
Non-Current Liabilities 5.11 M
Long-Term Debt 1.14 M
Other Non-Current Liabilities 3.97 M
EFFICIENCY
Earnings Waterfall Energy Vault Holdings, Inc.
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Revenue 342 M
Cost Of Revenue 324 M
Gross Profit 17.5 M
Operating Expenses 123 M
Operating Income -107 M
Other Expenses -8.29 M
Net Income -98.4 M
RATIOS
5.13% GROSS MARGIN
5.13%
-31.25% OPERATING MARGIN
-31.25%
-28.82% NET MARGIN
-28.82%
-43.99% ROE
-43.99%
-28.89% ROA
-28.89%
-47.37% ROIC
-47.37%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Energy Vault Holdings, Inc.
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Net Income -98.4 M
Depreciation & Amortization 893 K
Capital Expenditures -30.4 M
Stock-Based Compensation 43.1 M
Change in Working Capital -37.2 M
Others -77.9 M
Free Cash Flow -123 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Energy Vault Holdings, Inc.
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Wall Street analysts predict an average 1-year price target for NRGV of $5.08 , with forecasts ranging from a low of $0.75 to a high of $19 .
NRGV Lowest Price Target Wall Street Target
0.75 USD -48.63%
NRGV Average Price Target Wall Street Target
5.08 USD 248.17%
NRGV Highest Price Target Wall Street Target
19 USD 1201.37%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Energy Vault Holdings, Inc.
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Sold
0-3 MONTHS
281 K USD 7
3-6 MONTHS
196 K USD 7
6-9 MONTHS
241 K USD 8
9-12 MONTHS
802 K USD 8
Bought
260 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
6 days ago
Nov 11, 2024
Sell 5.97 K USD
Piconi Robert
Chief Executive Officer
- 2859
2.087 USD
6 days ago
Nov 11, 2024
Sell 23 K USD
Ladwa Akshay
Chief Engineering Officer
- 11027
2.087 USD
6 days ago
Nov 11, 2024
Sell 4.94 K USD
Wiese Christopher
Chief Operating Officer
- 2365
2.087 USD
1 month ago
Oct 07, 2024
Sell 20.9 K USD
Terruzzin Marco
Chief Product Officer
- 22222
0.9425 USD
1 month ago
Oct 08, 2024
Sell 19.6 K USD
Terruzzin Marco
Chief Product Officer
- 22222
0.882 USD
1 month ago
Oct 03, 2024
Sell 20.9 K USD
Terruzzin Marco
Chief Product Officer
- 22222
0.9385 USD
1 month ago
Oct 04, 2024
Sell 20.5 K USD
Terruzzin Marco
Chief Product Officer
- 22222
0.9241 USD
1 month ago
Oct 04, 2024
Sell 3.06 K USD
Ladwa Akshay
Chief Engineering Officer
- 3323
0.9201 USD
1 month ago
Oct 01, 2024
Sell 21 K USD
Terruzzin Marco
Chief Product Officer
- 22222
0.9469 USD
1 month ago
Oct 02, 2024
Sell 21.1 K USD
Terruzzin Marco
Chief Product Officer
- 22222
0.948 USD
2 months ago
Sep 13, 2024
Bought 260 K USD
Piconi Robert
Chief Executive Officer
+ 300000
0.8673 USD
2 months ago
Sep 09, 2024
Sell 20 K USD
ALEXANDER LAURENCE
Chief Marketing Officer
- 24208
0.827 USD
2 months ago
Sep 06, 2024
Sell 16.6 K USD
Icoren Goncagul
Chief People Officer
- 19466
0.852 USD
2 months ago
Sep 06, 2024
Sell 30.6 K USD
Terruzzin Marco
Chief Product Officer
- 35958
0.852 USD
2 months ago
Sep 09, 2024
Sell 20.1 K USD
McMorrow Josh
Chief Legal Officer
- 24305
0.827 USD
2 months ago
Sep 09, 2024
Sell 14.8 K USD
Ladwa Akshay
Chief Engineering Officer
- 17899
0.827 USD
2 months ago
Sep 06, 2024
Sell 8.7 K USD
Piconi Robert
Chief Executive Officer
- 10213
0.852 USD
2 months ago
Sep 06, 2024
Sell 8.84 K USD
Wiese Christopher
Chief Operating Officer
- 10377
0.852 USD
3 months ago
Aug 09, 2024
Sell 9.45 K USD
Terruzzin Marco
Chief Product Officer
- 11157
0.847 USD
3 months ago
Aug 09, 2024
Sell 9.27 K USD
Ladwa Akshay
Chief Engineering Officer
- 10946
0.847 USD
3 months ago
Aug 09, 2024
Sell 2.69 K USD
Wiese Christopher
Chief Operating Officer
- 3181
0.847 USD
3 months ago
Aug 09, 2024
Sell 3.03 K USD
McMorrow Josh
Chief Legal Officer
- 3583
0.847 USD
3 months ago
Aug 09, 2024
Sell 5.05 K USD
Icoren Goncagul
Chief People Officer
- 5965
0.847 USD
3 months ago
Aug 09, 2024
Sell 5.18 K USD
ALEXANDER LAURENCE
Chief Marketing Officer
- 6113
0.847 USD
3 months ago
Aug 09, 2024
Sell 2.7 K USD
Piconi Robert
Chief Executive Officer
- 3184
0.847 USD
4 months ago
Jul 05, 2024
Sell 3.35 K USD
Ladwa Akshay
Chief Engineering Officer
- 3470
0.965 USD
5 months ago
Jun 07, 2024
Sell 21.5 K USD
Icoren Goncagul
Chief People Officer
- 18476
1.164 USD
5 months ago
Jun 07, 2024
Sell 26.1 K USD
McMorrow Josh
Chief Legal Officer
- 22406
1.164 USD
5 months ago
Jun 07, 2024
Sell 11.3 K USD
Piconi Robert
Chief Executive Officer
- 9694
1.164 USD
5 months ago
Jun 07, 2024
Sell 19.2 K USD
Ladwa Akshay
Chief Engineering Officer
- 16498
1.164 USD
5 months ago
Jun 07, 2024
Sell 11.5 K USD
Wiese Christopher
Chief Operating Officer
- 9848
1.164 USD
5 months ago
Jun 07, 2024
Sell 39.7 K USD
Terruzzin Marco
Chief Product Officer
- 34129
1.164 USD
5 months ago
Jun 07, 2024
Sell 26 K USD
ALEXANDER LAURENCE
Chief Marketing Officer
- 22316
1.164 USD
6 months ago
May 03, 2024
Sell 6.44 K USD
ALEXANDER LAURENCE
Chief Marketing Officer
- 5150
1.251 USD
6 months ago
May 03, 2024
Sell 6.29 K USD
Icoren Goncagul
Chief People Officer
- 5027
1.251 USD
6 months ago
May 03, 2024
Sell 10.4 K USD
Ladwa Akshay
Chief Engineering Officer
- 8339
1.251 USD
6 months ago
May 03, 2024
Sell 3.78 K USD
McMorrow Josh
Chief Legal Officer
- 3019
1.251 USD
6 months ago
May 03, 2024
Sell 3.36 K USD
Piconi Robert
Chief Executive Officer
- 2683
1.251 USD
6 months ago
May 03, 2024
Sell 11.8 K USD
Terruzzin Marco
Chief Product Officer
- 9400
1.251 USD
6 months ago
May 03, 2024
Sell 3.35 K USD
Wiese Christopher
Chief Operating Officer
- 2680
1.251 USD
7 months ago
Apr 12, 2024
Sell 5.7 K USD
Ladwa Akshay
Chief Engineering Officer
- 4791
1.19 USD
8 months ago
Mar 18, 2024
Sell 24.7 K USD
Icoren Goncagul
Chief People Officer
- 15071
1.642 USD
7 months ago
Mar 19, 2024
Sell 14.5 K USD
Piconi Robert
Chief Executive Officer
- 8855
1.634 USD
7 months ago
Mar 19, 2024
Sell 33.4 K USD
McMorrow Josh
Chief Legal Officer
- 20468
1.634 USD
8 months ago
Mar 18, 2024
Sell 36.2 K USD
Terruzzin Marco
Chief Product Officer
- 22064
1.642 USD
7 months ago
Mar 19, 2024
Sell 17.9 K USD
Wiese Christopher
Chief Operating Officer
- 10956
1.634 USD
8 months ago
Mar 18, 2024
Sell 22.3 K USD
Ladwa Akshay
Chief Engineering Officer
- 13562
1.642 USD
8 months ago
Mar 18, 2024
Sell 7.78 K USD
van Gaalen Johannes Cornelis Maria
Chief Financial Officer
- 4741
1.642 USD
7 months ago
Mar 19, 2024
Sell 33.3 K USD
ALEXANDER LAURENCE
Chief Marketing Officer
- 20385
1.635 USD
9 months ago
Feb 08, 2024
Sell 4.02 K USD
Piconi Robert
Chief Executive Officer
- 2503
1.605 USD
9 months ago
Feb 08, 2024
Sell 4.52 K USD
McMorrow Josh
Chief Legal Officer
- 2816
1.605 USD
9 months ago
Feb 08, 2024
Sell 12.4 K USD
Ladwa Akshay
Chief Engineering Officer
- 7700
1.605 USD
9 months ago
Feb 08, 2024
Sell 6.75 K USD
Icoren Goncagul
Chief People Officer
- 4207
1.605 USD
9 months ago
Feb 08, 2024
Sell 7.71 K USD
ALEXANDER LAURENCE
Chief Marketing Officer
- 4804
1.605 USD
9 months ago
Feb 08, 2024
Sell 10.4 K USD
Terruzzin Marco
Chief Product Officer
- 6480
1.605 USD
9 months ago
Feb 08, 2024
Sell 4.89 K USD
Wiese Christopher
Chief Operating Officer
- 3044
1.605 USD
10 months ago
Jan 11, 2024
Sell 8.74 K USD
Ladwa Akshay
Chief Engineering Officer
- 4714
1.853 USD
10 months ago
Jan 04, 2024
Sell 49.8 K USD
Terruzzin Marco
Chief Product Officer
- 25000
1.99 USD
10 months ago
Jan 05, 2024
Sell 50.2 K USD
Terruzzin Marco
Chief Product Officer
- 25000
2.01 USD
10 months ago
Jan 02, 2024
Sell 57.5 K USD
Terruzzin Marco
Chief Product Officer
- 25000
2.299 USD
10 months ago
Jan 03, 2024
Sell 52.4 K USD
Terruzzin Marco
Chief Product Officer
- 25000
2.094 USD
11 months ago
Dec 12, 2023
Sell 35 K USD
van Gaalen Johannes Cornelis Maria
Chief Financial Officer
- 17991
1.946 USD
11 months ago
Dec 12, 2023
Sell 32.5 K USD
Wiese Christopher
Chief Operating Officer
- 16718
1.946 USD
11 months ago
Dec 12, 2023
Sell 41 K USD
Icoren Goncagul
Chief People Officer
- 21063
1.946 USD
11 months ago
Dec 11, 2023
Sell 45.7 K USD
Ladwa Akshay
Chief Engineering Officer
- 20864
2.189 USD
11 months ago
Dec 11, 2023
Sell 62.4 K USD
Terruzzin Marco
Chief Product Officer
- 28495
2.189 USD
11 months ago
Dec 08, 2023
Sell 45.6 K USD
ALEXANDER LAURENCE
Chief Marketing Officer
- 19245
2.37 USD
11 months ago
Dec 08, 2023
Sell 45.8 K USD
McMorrow Josh
Chief Legal Officer
- 19323
2.37 USD
11 months ago
Nov 24, 2023
Sell 17.1 K USD
Icoren Goncagul
Chief People Officer
- 7500
2.28 USD
1 year ago
Nov 16, 2023
Sell 66.2 K USD
Terruzzin Marco
Chief Product Officer
- 26604
2.487 USD
1 year ago
Nov 16, 2023
Sell 42.9 K USD
Icoren Goncagul
Chief People Officer
- 17268
2.487 USD
1 year ago
Nov 16, 2023
Sell 34.1 K USD
Wiese Christopher
Chief Operating Officer
- 13706
2.487 USD
1 year ago
Nov 15, 2023
Sell 23.8 K USD
McMorrow Josh
Chief Legal Officer
- 8607
2.761 USD
1 year ago
Nov 15, 2023
Sell 40.5 K USD
ALEXANDER LAURENCE
Chief Marketing Officer
- 14684
2.761 USD
1 year ago
Nov 08, 2023
Sell 17.9 K USD
Icoren Goncagul
Chief People Officer
- 7500
2.39 USD
1 year ago
Nov 07, 2023
Sell 69.8 K USD
Ladwa Akshay
Chief Engineering Officer
- 31269
2.232 USD
1 year ago
Oct 25, 2023
Sell 15.1 K USD
Icoren Goncagul
Chief People Officer
- 7500
2.01 USD
1 year ago
Oct 11, 2023
Sell 18.8 K USD
Icoren Goncagul
Chief People Officer
- 7500
2.51 USD
1 year ago
Sep 27, 2023
Sell 19 K USD
Icoren Goncagul
Chief People Officer
- 7500
2.53 USD
1 year ago
Sep 15, 2023
Bought 148 K USD
Piconi Robert
Chief Executive Officer
+ 49915
2.975 USD
1 year ago
Sep 13, 2023
Sell 23.2 K USD
Icoren Goncagul
Chief People Officer
- 7500
3.09 USD
1 year ago
Aug 30, 2023
Sell 24.3 K USD
Icoren Goncagul
Chief People Officer
- 7500
3.24 USD
1 year ago
Aug 16, 2023
Sell 23.6 K USD
Icoren Goncagul
Chief People Officer
- 7500
3.14 USD
1 year ago
Aug 02, 2023
Sell 24.2 K USD
Icoren Goncagul
Chief People Officer
- 7500
3.23 USD
1 year ago
Jul 19, 2023
Sell 23.6 K USD
Icoren Goncagul
Chief People Officer
- 7500
3.15 USD
1 year ago
Jul 05, 2023
Sell 19 K USD
Icoren Goncagul
Chief People Officer
- 7500
2.53 USD
1 year ago
Jun 21, 2023
Sell 19 K USD
Icoren Goncagul
Chief People Officer
- 7500
2.54 USD
1 year ago
May 15, 2023
Sell 48 K USD
Pedretti Andrea
Chief Technology Officer
- 25000
1.9195 USD
1 year ago
May 01, 2023
Sell 42.6 K USD
Pedretti Andrea
Chief Technology Officer
- 25000
1.7049 USD
1 year ago
Apr 17, 2023
Sell 44.3 K USD
Pedretti Andrea
Chief Technology Officer
- 25000
1.7716 USD
1 year ago
Apr 03, 2023
Sell 48.7 K USD
Pedretti Andrea
Chief Technology Officer
- 25000
1.9498 USD
1 year ago
Mar 15, 2023
Sell 54.1 K USD
Pedretti Andrea
Chief Technology Officer
- 25000
2.1646 USD
1 year ago
Mar 15, 2023
Bought 89.7 K USD
Piconi Robert
Chief Executive Officer
+ 40000
2.2432 USD
1 year ago
Mar 14, 2023
Bought 150 K USD
Piconi Robert
Chief Executive Officer
+ 66000
2.2681 USD
1 year ago
Mar 01, 2023
Sell 79.5 K USD
Pedretti Andrea
Chief Technology Officer
- 25000
3.1814 USD
1 year ago
Feb 15, 2023
Sell 94.6 K USD
Pedretti Andrea
Chief Technology Officer
- 25000
3.7834 USD
1 year ago
Feb 01, 2023
Sell 219 K USD
Pedretti Andrea
Chief Technology Officer
- 50000
4.3863 USD
2 years ago
Oct 24, 2022
Sell 58.7 K USD
GROSS WILLIAM
Director
- 16250
3.6141 USD
2 years ago
Oct 25, 2022
Sell 61.4 K USD
GROSS WILLIAM
Director
- 16250
3.7781 USD
2 years ago
Oct 20, 2022
Sell 337 K USD
GROSS WILLIAM
Director
- 80000
4.218 USD
2 years ago
Oct 10, 2022
Sell 88.8 K USD
GROSS WILLIAM
Director
- 16250
5.4649 USD
2 years ago
Oct 11, 2022
Sell 86.8 K USD
GROSS WILLIAM
Director
- 16250
5.342 USD
2 years ago
Sep 26, 2022
Sell 78.5 K USD
GROSS WILLIAM
director, 10 percent owner:
- 16250
4.8291 USD
2 years ago
Sep 27, 2022
Sell 87.1 K USD
GROSS WILLIAM
director, 10 percent owner:
- 16250
5.3589 USD
2 years ago
Aug 24, 2022
Bought 49.2 K USD
Piconi Robert
Chief Executive Officer
+ 9450
5.2071 USD
2 years ago
Aug 23, 2022
Bought 49.1 K USD
Piconi Robert
Chief Executive Officer
+ 9400
5.2198 USD
2 years ago
Aug 17, 2022
Sell 882 K USD
GROSS WILLIAM
director:
- 170210
5.1838 USD
2 years ago
Aug 18, 2022
Bought 99.6 K USD
Piconi Robert
Chief Executive Officer
+ 18954
5.2555 USD
2 years ago
Jul 06, 2022
Sell 0 USD
Terruzzin Marco
Chief Product Officer
- 64348
0 USD
3 years ago
Feb 08, 2021
Bought 0 USD
DONARGO VINCENT
Chief Financial Officer
+ 210000
0 USD
3 years ago
Feb 08, 2021
Bought 0 USD
Klaff Hersch
Director
+ 748125
0 USD
3 years ago
Feb 08, 2021
Bought 0 USD
Foster Jeffrey D
Director
+ 556500
0 USD
3 years ago
Feb 08, 2021
Bought 0 USD
Paulson Larry
Director
+ 556500
0 USD
3 years ago
Feb 08, 2021
Bought 0 USD
Goodman Heather
Director
+ 168000
0 USD
3 years ago
Feb 08, 2021
Bought 0 USD
Sznaider Ronald J.
Director
+ 105000
0 USD
3 years ago
Feb 08, 2021
Bought 0 USD
LAIKIN ROBERT J
Chief Executive Officer
+ 556500
0 USD
7. News
Energy Vault Holdings, Inc. (NRGV) Q3 2024 Earnings Call Transcript Energy Vault Holdings, Inc. (NYSE:NRGV ) Q3 2024 Earnings Call November 12, 2024 4:30 PM ET Company Participants Michael Beer - Chief Financial Officer Robert Piconi - Chairman and Chief Executive Officer Conference Call Participants Justin Clare - ROTH Capital Partners Alec Scheibelhoffer - Stifel Chris Ellinghaus - Siebert Williams Shank Noel Parks - Tuohy Brothers Operator Greetings and welcome to Energy Vault's Third Quarter 2024 Earnings Call. [Operator Instructions] And as a reminder, this conference is being recorded. seekingalpha.com - 4 days ago
Energy Vault Holdings, Inc. (NRGV) Reports Q3 Loss, Misses Revenue Estimates Energy Vault Holdings, Inc. (NRGV) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.13 per share a year ago. zacks.com - 4 days ago
Energy Vault Announces FID Approval for 57 MW Cross Trails Battery Energy Storage System in Texas and 10-Year Offtake Agreement with Gridmatic WESTLAKE VILLAGE, Calif. & CUPERTINO, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced plans for the deployment of a 57 MW/114 MWh Battery Energy Storage System (BESS) in Scurry County, Texas, as well as the signing of a 10-year offtake agreement with Gridmatic, a leading AI-enabled power marketer. Construction of the Cross Trails BESS is expected to begin in Q1 2025,. businesswire.com - 1 week ago
Energy Vault Announces Compliance with NYSE Continued Listing Criteria WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced that it received written notice from the New York Stock Exchange (the “NYSE”) stating that the Company regained compliance with the minimum continued listing criteria set forth in Section 802.01C of the NYSE Listed Company Manual, based upon an average share price for the trailing 30-consecutive tradin. businesswire.com - 1 week ago
Energy Vault Soars 100%: CEO Shares Why in MarketBeat Exclusive The global push towards a cleaner energy future is accelerating, but a significant piece to the puzzle remains: the intermittency of renewable energy sources like solar and wind. This challenge has fueled a market for energy storage solutions, and one company leading the charge is Energy Vault NYSE: NGRV. marketbeat.com - 2 weeks ago
Energy Vault EVx™ Gravity Energy Storage Technology Named a TIME Best Invention of 2024 WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, is honored to announce the selection of its EVx gravity energy storage system (GESS) technology to TIME's Best Inventions of 2024 list, in the “Green Energy” category. This recognition highlights growing awareness of the need for reliable, cost-effective and sustainable energy storage solutions to meet global decarbon. businesswire.com - 2 weeks ago
Energy Vault: Upgrading To A Buy As Delisting Risk Abates Energy Vault's stock surged after a $350M deal with Enervest Group, removing delisting risk and improving revenue visibility. Despite short-term revenue struggles, Energy Vault's long-term outlook is promising, with significant growth expected in 2024-2025. The company's proprietary gravity energy storage systems and battery storage segment are key differentiators and growth drivers. seekingalpha.com - 3 weeks ago
Energy Vault and Enervest Announce Agreement for 1.0 GWh Energy Storage Project for the Stoney Creek Battery Energy Storage System in New South Wales, Australia WESTLAKE VILLAGE, Calif. & MELBOURNE, Australia--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, announced today that it has signed an agreement with Enervest Group (“Enervest”) for the deployment of a 1,000 MWh battery energy storage system (BESS) at the Stoney Creek site in New South Wales, Australia. As part of the agreement, the companies are now finalizing the development and grid appl. businesswire.com - 3 weeks ago
Energy Vault Continues to Execute on Growth Strategy with Ownership of Energy Storage Projects and Launches Project Financing WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a leader in sustainable, grid-scale energy storage solutions, today announced continued progress in executing its growth strategy unveiled during the May 2024 Investor and Analyst Day. The Company is focusing on addressing the largest markets and growth regions, delivering more predictable and recurring revenues, and driving strong growth and profitability. Key Highlights: Launching project fin. businesswire.com - 1 month ago
Energy Vault Holdings, Inc. Announces Inducement Grants Under NYSE Listing Rule 303A.08 LUGANO, Switzerland & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a global energy storage company today announced that, effective on September 24, 2024, the Compensation Committee of Energy Vault's Board of Directors granted restricted stock unit awards covering aggregate of 100,000 to new, non-executive employee under the Energy Vault Holdings, Inc. 2022 Employment Inducement Award Plan (as amended and/or restated, the “Inducement Award. businesswire.com - 1 month ago
Energy Vault Holdings, Inc. (NRGV) Q2 2024 Earnings Call Transcript Energy Vault Holdings, Inc. (NYSE:NRGV ) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Michael Beer - Chief Financial Officer Robert Piconi - Chief Executive Officer Conference Call Participants Thomas Boyes - TD Cowen Stephen Gengaro - Stifel Noel Parks - Tuohy Brothers Operator Good day, and welcome to Energy Vault's Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. seekingalpha.com - 3 months ago
Energy Vault Holdings, Inc. (NRGV) Reports Q2 Loss, Misses Revenue Estimates Energy Vault Holdings, Inc. (NRGV) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.18 per share a year ago. zacks.com - 3 months ago
8. Profile Summary

Energy Vault Holdings, Inc. NRGV

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COUNTRY US
INDUSTRY Renewable Utilities
MARKET CAP $ 220 M
Dividend Yield 0.00%
Description Energy Vault Holdings, Inc. develops and sells energy storage solutions. The company offers gravity-based storage systems, including EVx Platform, a scalable, modular product line starting from 40-megawatt hour to multi-gigawatt hours to address grid resiliency needs in shorter durations; Energy Vault Resiliency Center, a scalable, gigawatt hour scale product line designed to address grid resiliency needs to manage energy disruptive climate events; and Energy Vault solutions. Its solutions allow utilities, independent power producers, and large energy users to manage their power portfolios and efficiently dispatch power. Energy Vault Holdings, Inc. is based in Westlake Village, California.
Contact 4360 Park Terrace Drive, Westlake Village, CA, 91361 https://www.energyvault.com
IPO Date March 29, 2021
Employees 179
Officers Mr. Laurence Alexander Chief Marketing Officer & Chief of Staff Mr. Kevin B. Keough Senior Vice President of Corporate Development Ms. Goncagul Icoren Chief People Officer Mr. Robert Allen Piconi Chairman & Chief Executive Officer Mr. Christopher K. Wiese Chief Operating Officer Mr. Michael Thomas Beer Chief Financial Officer Mr. Akshay Ladwa Chief Engineering Officer of Energy Vault Solutions Mr. Richard Espy Chief Information Officer & Vice President of Software Enablement Mr. Andrea Pedretti Co-Founder & Chief Technology Officer Mr. William T. Gross Co-Founder & Independent Director