Fintel reports that on April 19, 2023, Goldman Sachs maintained coverage of Energy Vault Holdings (NYSE:NRGV) with a Sell recommendation.
Analyst Price Forecast Suggests 324.47% Upside
As of April 6, 2023, the average one-year price target for Energy Vault Holdings is $6.83. The forecasts range from a low of $2.02 to a high of $12.60. The average price target represents an increase of 324.47% from its latest reported closing price of $1.61.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Energy Vault Holdings is $571MM, an increase of 291.44%. The projected annual non-GAAP EPS is -$0.44.
What are Other Shareholders Doing?
Brighthouse Funds Trust II - MetLife Russell 2000 Index Portfolio holds 25K shares representing 0.02% ownership of the company. No change in the last quarter.
BBGSX - Bridge Builder Small holds 12K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 9K shares, representing an increase of 28.24%. The firm decreased its portfolio allocation in NRGV by 23.33% over the last quarter.
Tower Research Capital LLC holds 4K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 5K shares, representing a decrease of 32.22%. The firm increased its portfolio allocation in NRGV by 22.51% over the last quarter.
Nuveen Asset Management holds 234K shares representing 0.17% ownership of the company. In it's prior filing, the firm reported owning 208K shares, representing an increase of 10.97%. The firm decreased its portfolio allocation in NRGV by 36.50% over the last quarter.
EQ ADVISORS TRUST - EQ holds 17K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 9K shares, representing an increase of 46.71%. The firm increased its portfolio allocation in NRGV by 2.01% over the last quarter.
What is the Fund Sentiment?
There are 188 funds or institutions reporting positions in Energy Vault Holdings.
This is an increase
of
12
owner(s) or 6.82% in the last quarter.
Average portfolio weight of all funds dedicated to NRGV is 0.11%,
a decrease
of 55.88%.
Total shares owned by institutions decreased
in the last three months by 8.79% to 45,428K shares.
The put/call ratio of NRGV is 0.05, indicating a
bullish
outlook.
Energy Vault Holdings Background Information
(This description is provided by the company.)
Energy Vault is a Swiss-based, global energy storage company specializing in gravity and kinetic energy based, long-duration energy storage products.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
