Energy Vault Expands Battery Storage with Jupiter Power

An announcement from Energy Vault Holdings ( (NRGV) ) is now available.

On June 4, 2025, Energy Vault Holdings announced an agreement with Jupiter Power to supply an additional 100 MW/200 MWh battery energy storage system in the ERCOT region, following a successful deployment in 2024. This expansion aims to enhance grid resiliency and is part of a broader partnership to decarbonize the grid, leveraging Energy Vault’s innovative technology and management systems.

The most recent analyst rating on (NRGV) stock is a Buy 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 score is influenced by significant financial challenges and ongoing losses. However, positive earnings call insights and anticipated cash inflows from corporate events provide some optimism for future improvements. Technical analysis shows neutral momentum, and valuation metrics indicate caution due to negative earnings.

To see Spark’s full report on NRGV stock, click here.

More about Energy Vault Holdings

Energy Vault develops, deploys, and operates utility-scale energy storage solutions, including proprietary battery, gravity, and green hydrogen technologies. Their offerings are designed to provide safe and reliable energy system dispatching and optimization, supporting utilities, independent power producers, and large industrial energy users.

Average Trading Volume: 1,687,663

Technical Sentiment Signal: Sell

Current Market Cap: $143.6M

For detailed information about NRGV stock, go to TipRanks’ Stock Analysis page.