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Energy Vault Holdings ( (NRGV) ) just unveiled an update.
On February 11, 2026, Energy Vault announced a multi-year strategic framework agreement with Denver-based Crusoe for phased deployment of Crusoe’s Spark modular AI factory data center units at Energy Vault’s Snyder, Texas technology center, scalable up to 25 MW starting in 2026. Under the deal, Energy Vault will supply modular “powered shell” energy infrastructure to support Crusoe Cloud’s high-density compute and managed inference capacity, aiming to cut time-to-capacity for AI customers while leveraging its digital operating platform.
The partnership marks Energy Vault’s formal entry into the AI infrastructure market, extending its Asset Vault and own-and-operate strategy into a high-growth segment with materially higher expected EBITDA per megawatt than traditional battery storage projects. By pairing Crusoe’s vertically integrated, energy-first AI data center design with Energy Vault’s mission-critical power systems, the companies plan to address power and interconnection bottlenecks that constrain AI data center buildouts, potentially accelerating Energy Vault’s earnings growth as additional sites and customers are brought online.
The most recent analyst rating on (NRGV) stock is a Buy with a $5.50 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.
The score is held back primarily by weak financial performance (severe losses, negative ROE, and negative operating cash flow) and loss-driven valuation (negative P/E, no dividend). Offsetting these are strong technical uptrend signals and an upbeat earnings call featuring rapid revenue growth, improving margins, a growing backlog, and maintained full-year guidance.
To see Spark’s full report on NRGV stock, click here.
More about Energy Vault Holdings
Energy Vault Holdings, based in Westlake Village, California, is a global provider of grid-scale, utility-level energy storage infrastructure, offering proprietary battery, gravity and green hydrogen storage technologies. Its technology-agnostic software platform underpins customized short to ultra-long duration solutions for utilities, independent power producers and large industrial users, and since 2024 it has pursued an own-and-operate asset model to secure recurring, high-margin tolling revenues in the energy storage infrastructure market.
Average Trading Volume: 3,140,001
Technical Sentiment Signal: Buy
Current Market Cap: $703M
For a thorough assessment of NRGV stock, go to TipRanks’ Stock Analysis page.