New insider activity at Energy Vault Holdings ( (NRGV) ) has taken place on May 2, 2025.
In recent transactions involving Energy Vault Holdings, COO Christopher Wiese sold 21,806 shares, amounting to $15,264. Meanwhile, Chief Engineering Officer Akshay Ladwa parted with 57,033 shares, totaling $39,923.
Recent Updates on NRGV stock
Energy Vault Holdings has recently faced challenges with its stock price, as it received notice from the New York Stock Exchange for non-compliance with the minimum stock price listing requirement. The company has six months to address this issue and plans to take corrective actions, potentially requiring stockholder approval. Additionally, Energy Vault announced a new licensing and royalty agreement with SPML Infra to expand its BESS technology in India, aiming for significant deployment over the next decade. Despite these strategic moves, the company’s price target was lowered due to mixed sentiments from its earnings call and a delay in filing its yearly report, reflecting ongoing financial and operational challenges.
Spark’s Take on NRGV Stock
According to Spark, TipRanks’ AI Analyst, NRGV is a Neutral.
Energy Vault Holdings is currently facing significant financial and operational hurdles, with declining revenues, negative profitability, and poor cash flow performance. While the company has secured valuable contracts and expects future cash inflows, these positive developments are overshadowed by immediate financial challenges and bearish market sentiment. The stock’s high beta indicates potential volatility, further influencing its overall low score.
To see Spark’s full report on NRGV stock, click here.
More about Energy Vault Holdings
YTD Price Performance: -67.48%
Average Trading Volume: 1,493,769
Technical Sentiment Signal: Buy
Current Market Cap: $115.4M