Energy Vault Holdings, Inc. develops and deploys utility-scale energy storage solutions in the United States, Switzerland, United Kingdom, North America, Australia, and internationally. The company offers B-Vault, an electrochemical battery energy storage solution for short-duration energy storage needs; G-Vault, a gravity energy storage solution for long-duration energy storage needs; and H-Vault, a hydrogen or hybrid energy storage solution. It also provides software solutions, such as Vault-OS Energy Management System which provides real-time monitoring, operational control, and optimized dispatch across an array of generation and short to ultra-long duration energy storage assets; Vault-Bidder, which utilizes artificial intelligence to leverage diverse, live data from directly monitored assets and external drivers to provide dispatch and revenue optimization; and Vault-Manager, which converts diverse, real-time data into clear asset performance visibility and insights, facilitating improved decision-making regarding maintenance, augmentation, and expansion. Energy Vault Holdings, Inc. was founded in 2020 and is headquartered in Westlake Village, California.
Mixed Q3 revenue miss offset by reaffirmed/raised guidance, record backlog, and a large analyst price target hike; near-term sentiment skewed positive but tempered by heavy Q4 execution dependence.
Energy Vault reported Q3 2026 revenue of $13.1M, down 61% YoY and below the ~$18.55M consensus, while adjusted loss of $0.14/share beat the $0.16 expected. Shares fell ~2.5% in the regular session and ~4.8% after hours as the revenue miss and heavy Q4 dependence dominated sentiment despite strong margins and cash growth.
Energy Vault Press ReleaseCompany affirmed FY2026 revenue of $290–$310M (top half of prior range) and issued preliminary FY2027 revenue guidance of $600–$700M with adjusted EBITDA of $40–$50M. The forward outlook and record $2.3B backlog (up 147% YoY) were cited as the driver of the subsequent share rally, providing a positive medium-term narrative.
Energy Vault Press ReleaseCantor Fitzgerald more than doubled its price target to $12 (from $7) while keeping an Overweight rating, citing the backlog. The target implies ~240% upside from the ~$3.53 level, a strong bullish signal that likely contributed to the following session's rally.
Investing.comNRGV climbed ~7.08% to $3.78, one of its strongest recent sessions, as investors rewarded the newly unveiled 2027 outlook and expanding backlog rather than the headline revenue shortfall. Reflects improving near-term sentiment and momentum following the analyst upgrade.
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