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Nuvve Holding
(NASDAQ:NVVE)
Nuvve Holding (NVVE) vs. SPDR S&P 500 ETF (SPY)
Nuvve Holding Business Overview & Revenue Model
Nuvve Holding Key Performance Indicators (KPIs)
Shows how revenue is distributed across different business units, highlighting which segments drive growth and which may need strategic adjustments.
The FlyNuvve Holding Earnings Call Summary
Nuvve Holding Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.65M | 5.29M | 8.33M | 5.37M | 2.92M | 1.94M |
| Gross Profit | 1.69M | 1.75M | 1.35M | 1.18M | 918.43K | 1.42M |
| EBITDA | -30.00M | -20.12M | -31.71M | -36.63M | -27.11M | -4.40M |
| Net Income | -29.83M | -17.40M | -31.28M | -24.02M | -72.48M | -4.89M |
Balance Sheet | ||||||
| Total Assets | 16.76M | 16.80M | 20.95M | 41.20M | 52.91M | 7.16M |
| Cash, Cash Equivalents and Short-Term Investments | 939.41K | 371.50K | 1.53M | 15.75M | 32.36M | 2.28M |
| Total Debt | 7.60M | 10.66M | 5.50M | 5.91M | 3.48M | 4.29M |
| Total Liabilities | 18.67M | 18.09M | 13.96M | 13.96M | 23.00M | 8.04M |
| Stockholders Equity | -1.41M | -1.26M | 7.69M | 27.64M | 29.51M | -881.71K |
Cash Flow | ||||||
| Free Cash Flow | -15.98M | -15.78M | -21.44M | -34.52M | -29.46M | -3.10M |
| Operating Cash Flow | -15.93M | -15.73M | -21.25M | -34.08M | -29.19M | -3.08M |
| Investing Cash Flow | -390.44K | -45.40K | 1.14M | -1.44M | -265.48K | -22.50K |
| Financing Cash Flow | 16.78M | 14.46M | 5.86M | 19.06M | 59.72M | 5.24M |
Nuvve Holding Technical Analysis
Nuvve Holding Risk Analysis
Nuvve Holding Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $558.27M | 44.73 | 4.94% | 2.59% | -12.61% | -27.22% | |
71 Outperform | $691.10M | 13.20 | 79.76% | 8.47% | -7.03% | 1.04% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
51 Neutral | $942.43M | -8.04 | ― | ― | 39.21% | 9.08% | |
48 Neutral | $157.77M | -0.63 | -219.20% | ― | -6.32% | 28.82% | |
46 Neutral | $2.70M | -0.02 | ― | ― | -13.78% | 38.67% | |
42 Neutral | $4.29M | >-0.01 | -3734.39% | ― | -9.58% | 86.27% |
Nuvve Holding Corporate Events
On January 13, 2026, Nuvve Holding Corp.’s Board of Directors confirmed the appointment of Jon M. Montgomery as Chairperson of the Board, formalizing his role after a prior stint as Interim Chairperson. Montgomery, who has served on the Board since November 2020 and already chairs the Nominating and Corporate Governance Committee while serving on the Audit and Compensation Committees, brings continuity and established governance experience to the board’s leadership structure, signaling stability in the company’s oversight and strategic direction.
The most recent analyst rating on (NVVE) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.
On January 6, 2026, Nuvve Holding Corp. received notification from Nasdaq that it had regained compliance with both the Minimum Bid Price Rule and the Minimum Stockholders’ Equity Rule, following a period of noncompliance. The company met the minimum $1.00 bid price requirement after maintaining that level for at least 10 consecutive trading days, achieved on December 29, 2025, and restored its stockholders’ equity above the $2.5 million threshold through a $5.4 million private placement approved on December 29, 2025 and closed on December 30, 2025, effective as of December 31, 2025. While the company’s Nasdaq listing is now secure, it will be subject to a one-year Mandatory Panel Monitor starting January 6, 2026, during which any renewed shortfall in stockholders’ equity could lead to delisting proceedings, although Nuvve would be able to request a new hearing before its securities are removed from the exchange.
The most recent analyst rating on (NVVE) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.
On December 30, 2025, Nuvve Holding Corp. closed a $5.4 million private placement of 6,000 shares of Series A convertible preferred stock and warrants to purchase up to 2,534,856 shares of common stock, following stockholder approval at a special meeting held on December 29, 2025 for the issuance of additional shares and an increase in authorized common stock from 200 million to 400 million. The capital raise, conducted at a discount to the company’s prevailing share price and structured with immediate-exercise, five-year warrants, was undertaken to bolster stockholders’ equity and help Nuvve regain compliance with Nasdaq’s minimum equity requirement, a critical step for maintaining its listing on the Nasdaq Capital Market and mitigating delisting risk for shareholders.
The most recent analyst rating on (NVVE) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.
The filing from Nuvve Holding focused on an AIR Issuance transaction, emphasizing that statements related to this issuance, its anticipated benefits, and the planned use of proceeds are forward-looking in nature. The company underscored that these expectations are subject to significant risks, uncertainties, and assumptions tied to economic, market, industry, and operational factors, meaning actual results could differ materially from what is currently anticipated.
The most recent analyst rating on (NVVE) stock is a Sell with a $3.50 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.
On December 18, 2025, Nuvve Holding Corp. sent a letter to shareholders outlining a strategic pivot away from a primary focus on vehicle-to-grid solutions toward stationary energy storage and microgrid projects in faster-maturing markets. Management highlighted that Nuvve’s AI-enabled asset-management platform, already proven through projects such as a 5 MWh battery at the University of California, San Diego and partnerships in Japan, will now be deployed mainly for small to mid-sized storage and microgrid installations in Europe, the U.S., and Japan/South Korea, where the company aims for deployment margins of roughly 15–25% and long-term recurring revenues. The company emphasized its differentiation from larger incumbents by targeting underserved project sizes, leveraging agile development and local channel partnerships, and using special-purpose vehicles to co-finance assets, with recent European battery projects illustrating expected multi-year payback profiles. Management also stressed a focus on improving cash flow and reducing reliance on equity financings as it positions Nuvve as a fast follower in a rapidly growing global market for distributed energy resources and a participant in the broader energy transition.
The most recent analyst rating on (NVVE) stock is a Sell with a $0.10 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.
On December 11, 2025, Nuvve Holding Corp. announced a reverse stock split of its common stock at a 1-for-40 ratio, effective December 15, 2025. This move will reduce the number of outstanding shares from approximately 53 million to 1.3 million, impacting convertible securities and adjusting conversion and exercise prices accordingly.
The most recent analyst rating on (NVVE) stock is a Hold with a $0.17 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.
On December 10, 2025, Nuvve Holding Corp. announced a 1-for-40 reverse stock split of its common stock, effective December 15, 2025, to comply with Nasdaq’s minimum bid price requirement. This move will reduce the number of outstanding shares from approximately 53 million to 1.3 million, while maintaining the total authorized shares. The reverse stock split is part of Nuvve’s strategy to maintain its listing on the Nasdaq Capital Market.
The most recent analyst rating on (NVVE) stock is a Hold with a $0.17 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.
Nuvve Holding has announced an AIR Issuance, a strategic move expected to bring various benefits and involve specific transactions. However, these forward-looking statements are subject to risks and uncertainties, which could lead to different outcomes than anticipated.
The most recent analyst rating on (NVVE) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.
On November 14, 2025, Nuvve Holding Corp. announced a Securities Purchase Agreement involving the issuance and sale of Series A Convertible Preferred Stock and warrants, valued at $5 million, with a purchase price of $4.5 million. The agreement includes provisions for a special stockholder meeting by December 31, 2025, to approve the issuance of shares beyond 19.99% of the company’s outstanding common stock. The preferred stock offers an 8% annual dividend, potentially increasing to 18%, and the warrants have a five-year term. The company also entered an Equity Line of Credit Facility agreement to sell up to $25 million of common stock, with proceeds intended for working capital and general purposes.
The most recent analyst rating on (NVVE) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.
In the third quarter of 2025, Nuvve Holding Corp. reported a revenue of $1.6 million, a decrease from the previous year’s $1.9 million, primarily due to a drop in services revenue. Despite this, the company raised $5.6 million through public offerings and debt to support growth initiatives. The net loss increased to $4.8 million, attributed to higher operating expenses and a decrease in revenue. The company also saw a 3.1% increase in megawatts under management from the previous quarter, focusing on expanding its stationary battery pipeline in North America, Europe, and Japan.
The most recent analyst rating on (NVVE) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.
On August 27, 2025, Nuvve Holding Corp. received a notice from Nasdaq indicating non-compliance with the Bid Price Rule due to its stock price falling below $1.00 per share for 30 consecutive trading days. Additionally, the company is non-compliant with the Equity Rule, posing a risk of delisting. Following a hearing request on September 3, 2025, Nasdaq granted Nuvve an extension until December 31, 2025, to regain compliance, although there is no assurance of success.
The most recent analyst rating on (NVVE) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Nuvve Holding stock, see the NVVE Stock Forecast page.