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Energy Vault Holdings ( (NRGV) ) has shared an announcement.
On August 5, 2025, Energy Vault Holdings announced a contract with Consumers Energy to supply two battery energy storage systems (BESS) totaling 75 MW/300 MWh in Michigan’s Iosco and Bay Counties. This agreement marks Energy Vault’s expansion into the Eastern U.S. utility market and is expected to enhance grid reliability and support Michigan’s energy demand with renewable energy. The project is set to begin construction in Q1 2026 and commence commercial operations by Q4 2026, showcasing Energy Vault’s commitment to sustainable energy and grid resilience.
The most recent analyst rating on (NRGV) stock is a Buy with a $2.50 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.
Energy Vault Holdings shows promising strategic developments and international growth, reflected in a strong backlog and improved project execution. However, significant financial instability and valuation issues due to ongoing losses and negative cash flows weigh heavily on its overall score. The stock’s moderate technical signals provide some bullish sentiment, but financial performance remains a primary concern.
To see Spark’s full report on NRGV stock, click here.
More about Energy Vault Holdings
Energy Vault Holdings, Inc. is a global leader in sustainable energy storage solutions, offering a comprehensive range of technologies including battery, gravity, and green hydrogen energy storage. The company focuses on utility-scale energy storage solutions designed to optimize energy dispatching and system reliability, with a strategy to generate recurring revenue through its ‘Own & Operate’ asset management approach.
Average Trading Volume: 1,637,694
Technical Sentiment Signal: Sell
Current Market Cap: $163.8M
For detailed information about NRGV stock, go to TipRanks’ Stock Analysis page.
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