Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
NOVONIX Ltd Sponsored ADR ( (NVX) ) has provided an announcement.
NOVONIX Ltd, a company involved in the energy sector, announced a change in substantial holding as of October 31, 2025. YA II PN, Ltd., a substantial holder, reduced its voting power from 7.91% to 6.80% by disposing of 9,288,631 fully paid ordinary shares. This change in shareholding could impact the company’s market dynamics and influence shareholder decisions.
The most recent analyst rating on (NVX) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on NOVONIX Ltd Sponsored ADR stock, see the NVX Stock Forecast page.
Spark’s Take on NVX Stock
According to Spark, TipRanks’ AI Analyst, NVX is a Neutral.
NOVONIX Ltd’s overall stock score is primarily impacted by its poor financial performance, characterized by ongoing operational losses and negative cash flows. The technical analysis further supports a bearish outlook, with the stock trading below key moving averages and weak momentum indicators. Valuation concerns are heightened by the negative P/E ratio, indicating unprofitability. These factors collectively result in a low overall stock score.
To see Spark’s full report on NVX stock, click here.
More about NOVONIX Ltd Sponsored ADR
Average Trading Volume: 2,852,625
Technical Sentiment Signal: Hold
Current Market Cap: $316M
Learn more about NVX stock on TipRanks’ Stock Analysis page.