Nuvve Holding (NVVE) AI Stock Analysis

• Market Cap: $5.79M
• Dividend Yield: N/A
• Average Volume (3M): 1.61M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.31
• Revenue Growth: -24.26%
• EPS Growth: 93.83%
• Country: US
• Employees: 36
• Sector: Consumer Cyclical
• Sector Strength: 74
• Industry: Specialty Retail
• EPS (TTM): N/A
• Shares Outstanding: 10,613,022
• 10 Day Avg. Volume: 1,368,606
• 30 Day Avg. Volume: 1,613,656
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.21
• Enterprise Value/Revenue: 2.39
• Enterprise Value/Gross Profit: 7.69
• Enterprise Value/Ebitda: -0.88
• 1Y Price Target: $1.00
• Price Target Upside: 66.67% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: $0.50 ▼(-16.67% Downside)

The overall score reflects severe financial challenges, including insolvency risks and negative cash flows, which are the most significant factors. Technical indicators and valuation metrics further contribute to a negative outlook. While earnings call improvements and strategic corporate events provide some optimism, they are insufficient to outweigh the substantial financial and operational hurdles.

Nuvve Holding Business Overview & Revenue Model

Company Description

Nuvve Holding (NVVE) is a technology company that specializes in vehicle-to-grid (V2G) solutions, which are aimed at integrating electric vehicles (EVs) with the power grid. The company operates in the sectors of energy, automotive, and technology, providing a platform that enables EVs to store and discharge electricity in a way that supports grid stability and optimizes energy consumption. Nuvve's core service is its V2G platform, which allows businesses, utilities, and EV owners to harness the potential of EV batteries as distributed energy resources.

How the Company Makes Money

Nuvve Holding makes money primarily through its V2G platform services, where it charges fees for the deployment and management of V2G technology. The company's revenue streams include service agreements with utilities, fleet operators, and other large-scale energy users who benefit from the grid-balancing and energy-saving capabilities of the V2G technology. Additionally, Nuvve generates income through partnerships with automotive manufacturers and other collaborations that integrate its platform with existing EV infrastructure. These partnerships often involve revenue-sharing agreements that contribute to Nuvve's earnings.

Nuvve Holding Financial Statement Overview

Summary

Nuvve Holding faces significant financial challenges, with negative EBIT, net income, and equity indicating insolvency risks. Despite a modest revenue growth rate of 9.34%, the high net loss and negative equity reflect severe financial instability.

Income Statement

The income statement of Nuvve Holding indicates significant challenges with profitability, as evidenced by negative EBIT and net income figures. The TTM data shows a gross profit margin of 31.11%, which is a positive indicator of the company's ability to cover its direct costs. However, the net profit margin is deeply negative at -328.74%, indicative of high operational and other expenses relative to revenue. Revenue growth rate over the past year was 9.34%, showing some top-line growth despite the profitability issues.

Balance Sheet

The balance sheet reveals a concerning financial structure with negative stockholders' equity of -$3.24 million as of the latest TTM, suggesting insolvency risks. The debt-to-equity ratio is not calculable due to the negative equity, which indicates high financial leverage and risk. Total assets have been declining, and the equity ratio is negative due to the negative equity, reflecting instability in the financial health of the company.

Cash Flow

Cash flow analysis highlights severe liquidity challenges, with negative operating and free cash flows in TTM at -$12.81 million and -$12.80 million, respectively. The company managed to improve its cash position through financing activities, but the operating cash flow to net income ratio indicates inefficiency in converting income into cash. There is no free cash flow growth, which emphasizes the company's struggle to generate sufficient cash from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.33M	4.88M	8.33M	4.91M	2.92M	1.94M
Gross Profit	1.66M	1.34M	1.35M	717.17K	918.43K	1.42M
EBITDA	-14.55M	-16.32M	-31.71M	-36.63M	-27.06M	-4.40M
Net Income	-17.53M	-17.40M	-31.28M	-24.56M	-72.48M	-4.89M
Balance Sheet
Total Assets	16.48M	16.80M	20.95M	41.20M	96.48M	7.16M
Cash, Cash Equivalents and Short-Term Investments	1.19M	371.50K	1.53M	15.75M	32.36M	2.28M
Total Debt	8.23M	10.66M	5.52M	5.91M	3.44M	4.29M
Total Liabilities	19.72M	18.09M	13.96M	13.96M	14.32M	8.04M
Stockholders Equity	-3.24M	-1.29T	7.69M	27.64M	79.84M	-880.71K
Cash Flow
Free Cash Flow	-12.80M	-15.78M	-21.44M	-34.52M	-29.48M	-3.10M
Operating Cash Flow	-12.82M	-15.73M	-21.25M	-34.08M	-29.21M	-3.08M
Investing Cash Flow	-16.77K	-45.40K	1.14M	-1.44M	-265.48K	-22.50K
Financing Cash Flow	8.57M	14.46M	5.86M	19.06M	59.74M	5.24M

Nuvve Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NVVE, the sentiment is Negative. The current price of 0.6 is below the 20-day moving average (MA) of 0.75, below the 50-day MA of 0.97, and below the 200-day MA of 2.08, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 31.92 is Neutral, neither overbought nor oversold. The STOCH value of 16.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NVVE.

Nuvve Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BWMX	69 Neutral	$489.22M	16.68	39.74%	10.34%	-8.56%	-57.78%
CPNG	62 Neutral	$54.29B	141.44	8.55%	―	18.69%	-65.55%
Sector *	61 Neutral	$16.55B	10.17	-9.03%	3.33%	1.46%	-22.85%
EVGO	48 Neutral	$1.12B	―	19.14%	―	45.15%	-2.91%
CHPT	44 Neutral	$232.39M	―	-135.29%	―	-15.71%	47.94%
NVVE	41 Neutral	$5.79M	―	-1026.66%	―	-24.26%	93.83%
NAAS	41 Neutral	$2.00M	―		―	-13.78%	38.11%

Nuvve Holding Corporate Events

Nuvve Holding Partners with DeFi for Crypto Management

On July 20, 2025, Nuvve Holding Corp. entered into an Asset Management Agreement with DeFi Technologies, Inc. to manage its cryptocurrency treasury, initially valued at $3.0 million. The agreement involves a long-only investment strategy primarily in the $HYPE asset, with structured fees for management services. Additionally, the company’s board approved the expansion of its digital asset strategy to potentially allocate up to 100% of its cryptocurrency portfolio to $HYPE.

Nuvve Holding Raises $4.8M Through Stock Offering

On July 11, 2025, Nuvve Holding Corp. entered into an underwriting agreement with Lucid Capital Markets to issue and sell 3,044,463 shares of common stock and 1,984,940 pre-funded warrants, with the offering closing on July 14, 2025. The company raised approximately $4.8 million in gross proceeds, which will be used for general corporate purposes, including strategic investments and cryptocurrency acquisitions, reflecting Nuvve’s ongoing efforts to bolster its financial position and expand its market presence.

Nuvve Holding Appoints Ted Smith as CEO

On June 27, 2025, Nuvve New Mexico, LLC, a subsidiary of Nuvve Holding Corp., formalized an employment agreement with Ted Smith, effective March 18, 2025, appointing him as the chief executive officer. The agreement outlines a compensation structure including a base salary, performance-based bonuses, and equity grants, reflecting the company’s commitment to incentivizing leadership and aligning executive interests with corporate growth objectives.

Nuvve Holding Appoints New Directors to Board

On June 25, 2025, Nuvve Holding Corp. appointed Laura Huang and Brian Johnson as directors, with Huang joining as a Class A director and Johnson as a Class B director. Their appointments include roles on various committees, with Huang joining the Compensation and Nominating and Corporate Governance Committees, and Johnson joining the Audit Committee. Both directors will receive compensation and indemnification similar to other non-employee directors, with no material interests or family ties affecting their appointments.

Nuvve Holding Announces AIR Issuance Amid Uncertainties

Nuvve Holding has announced the AIR Issuance, which involves forward-looking statements regarding anticipated benefits and the use of proceeds. These statements are subject to various risks and uncertainties that could affect actual outcomes.

Nuvve Holding Enters Strategic Consulting Agreements

On May 18, 2025, Nuvve Holding entered into consulting agreements with Goldeneye Services AG, Carson Zabel Rorai, and Rafael Recavarren to enhance its operations in crypto portfolio management, investor relations, and strategic planning. As part of these agreements, the company issued warrants to purchase shares of its common stock, with exercise prices ranging from $1.00 to $1.50 per share. This strategic move aims to bolster Nuvve Holding’s market positioning and growth initiatives, with implications for stakeholders in terms of potential stock value appreciation and increased market engagement.

Nuvve Holding Reports Q1 2025 Revenue Increase

Nuvve Holding Corp. reported a 19.8% increase in total revenue to $0.9 million for the first quarter of 2025 compared to the same period in 2024, alongside a reduction in operating expenses by 20.7% to $6.0 million. Despite a net loss increase to $6.9 million, the company raised $5.3 million through various financial activities to support growth initiatives. CEO Gregory Poilasne highlighted ongoing transformation efforts and potential business expansion through mergers and acquisitions, including the recent acquisition of Fermata.

Nuvve Holding Appoints James Altucher to Board

On May 12, 2025, Nuvve Holding Corp. appointed James Altucher as a Class B director to its Board, highlighting the company’s strategic focus on digital assets and blockchain. Altucher’s expertise in cryptocurrencies and investing is expected to support Nuvve’s expansion into digital assets through its subsidiary, Nuvve-DigitalAssets. This move aligns with Nuvve’s dual strategy of scaling its V2G energy platform and building a next-generation digital treasury, positioning the company for growth in emerging digital asset classes.

Nuvve Holding Engages Advisors for Digital Asset Growth

On May 9, 2025, Nuvve Holding Corp. announced its engagement with multiple digital asset advisory consultants to accelerate the growth of its new subsidiary, Nuvve-DigitalAssets. This strategic move aims to enhance Nuvve’s digital asset portfolio and create long-term shareholder value through blockchain innovation. The company has formed a Digital Asset Management Portfolio Committee, chaired by renowned crypto investor James Altucher, to oversee investment decisions. This initiative marks Nuvve’s entry into the cryptocurrency and blockchain economy, focusing on high-growth sectors such as decentralized finance and the tokenization of real-world assets.