Summary
- Energy Vault Holdings is experiencing rapid revenue growth, driven by strong AI Compute Infrastructure demand and a $2 billion contract backlog.
- Despite revenue momentum, NRGV remains unprofitable, with negative free cash flow and rising debt overshadowing operational cost controls.
- NRGV raised its 2026 revenue guidance range to $270 million and $310 million, with gross margin between 20% and 25%, but cash burn is intensifying.
- I maintain a Hold rating on NRGV, citing persistent cash burn and increasing structural liabilities despite robust top-line growth.
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While Energy Vault Holdings (NRGV) continues to realize a surge in sales of its energy storage solutions, profitability remains elusive, and consecutive quarters of negative free cash flow now pose a threat to a cash position.
Quick Insights
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How does NRGV’s backlog support its raised 2026 revenue guidance?
NRGV’s $2 billion backlog fully covers its raised 2026 revenue guidance of $270 million to $310 million, indicating strong demand and visibility into future sales.
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How will NRGV’s new debt facility impact future financials?
The $137.5 million term loan increases interest expenses and structural liabilities, further pressuring free cash flow and raising the hurdle for achieving breakeven.
About NRGV Stock
| Symbol | Last Price | % Chg |
|---|---|---|
| NRGV Energy Vault Holdings, Inc. | 3.54 | -5.60% |
| Post | 3.60 | 1.69% |
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Chart
Combination chart with 2 data series.
View as data table, Chart
The chart has 1 X axis displaying Time. Data ranges from 2026-08-24 09:30:00 to 2026-08-28 16:00:00.
The chart has 1 Y axis displaying values. Data ranges from 3.535 to 3.93.
Created with Highcharts 13.0.1Aug 24Aug…Aug 25Aug 26Aug 27Aug 283.503.754.00
End of interactive chart.
Market Cap$681.90M
PE-
Yield-
Rev Growth (YoY)336.76%
Short Interest17.37%
Prev. Close$3.75
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More on NRGV
Related Stocks
| Symbol | Last Price | % Chg |
|---|---|---|
| NRGV NRGV | 3.54 | -5.60% |
| Post: | 3.60 | 1.69% |
- 1D
- 5D
- 1M
- 6M
- 1Y
- 5Y
- 10Y
Chart
Chart with 200 data points.
View as data table, Chart
The chart has 1 X axis displaying Time. Data ranges from 2026-08-24 09:30:00 to 2026-08-28 16:00:00.
The chart has 1 Y axis displaying values. Data ranges from 3.535 to 3.93.
Created with Highcharts 13.0.1Aug 24Aug…Aug 25Aug 26Aug 27Aug 283.503.754.00
End of interactive chart.
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