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Energy Vault Holdings ( (NRGV) ) just unveiled an announcement.
On September 22, 2025, Energy Vault Holdings entered into a Securities Purchase Agreement with YA II PN, Ltd. to issue and sell up to $50 million in senior unsecured convertible debentures. This funding will be used for corporate working capital and to support the development and construction of energy storage projects. The agreement provides financial flexibility for Energy Vault to continue its growth in energy storage project development and execution, complementing a recently announced $300 million preferred equity investment. The company aims to expand its portfolio of energy storage projects, including operational facilities in Texas and California, and a 1 GWh project in Australia. This strategic move supports Energy Vault’s independent power producer strategy, ensuring project monetization and high-margin, contracted cash flows.
The most recent analyst rating on (NRGV) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Energy Vault Holdings stock, see the NRGV Stock Forecast page.
Spark’s Take on NRGV Stock
According to Spark, TipRanks’ AI Analyst, NRGV is a Neutral.
Energy Vault Holdings’ overall stock score is driven by strong technical indicators and positive earnings call sentiment, offset by significant financial challenges and valuation concerns. The company’s strategic investments and revenue growth are promising, but profitability and cash flow issues remain critical risks.
To see Spark’s full report on NRGV stock, click here.
More about Energy Vault Holdings
Energy Vault Holdings Inc. is a leader in sustainable, grid-scale energy storage solutions. The company develops, deploys, and operates utility-scale energy storage systems, including proprietary battery, gravity, and green hydrogen technologies. Energy Vault’s offerings are supported by a technology-agnostic energy management system and integration platform, providing customized energy storage solutions for utilities, independent power producers, and large industrial energy users. The company aims to reduce energy costs while maintaining power reliability and has adopted an ‘Own & Operate’ asset management strategy to generate predictable revenue streams.
Average Trading Volume: 2,612,651
Technical Sentiment Signal: Buy
Current Market Cap: $496.9M
See more data about NRGV stock on TipRanks’ Stock Analysis page.