Energy Vault Holdings receives a reiterated Strong Buy rating, driven by overlooked backlog growth and robust long-term guidance. The recent 1.25 GW agreement could add $500–$600 million in revenue and boost gross profits, with margins expected at the higher end of 20–25%. Backlog value per GWh surged 52%, with a $2 billion backlog now 60% build-own-operate, supporting rapid revenue conversion and long-term EBITDA targets.
Energy Vault Holdings, Inc. (NRGV) Q2 2026 Earnings Call Transcript
Energy Vault NYSE: NRGV reported second-quarter 2026 revenue of $17.4 million, up 104% from $8.5 million a year earlier, as progress on Australian projects supported results. The energy-storage and power-infrastructure company also raised its full-year revenue outlook, citing stronger commercial execution and improved visibility into contract timelines.
| Independent Power and Renewable Electricity Producers Industry | Utilities Sector | Robert Piconi CEO | XDUS Exchange | US29280W1099 ISIN |
| US Country | 142 Employees | - Last Dividend | - Last Split | 14 Feb 2022 IPO Date |
Energy Vault Holdings, Inc. is a pioneering company focused on developing and delivering advanced energy storage solutions. With a strategic base in Westlake Village, California, Energy Vault stands at the forefront of addressing the growing global need for renewable and sustainable energy storage systems. The company's innovative approach combines various storage technologies, including electrochemical batteries, gravity storage, and hybrid systems, to offer versatile solutions for energy management. By integrating state-of-the-art software solutions, Energy Vault aims to enhance the efficiency and reliability of energy storage, catering to diverse industry needs ranging from shorter-duration storage to integrating green hydrogen technologies.