Energy Vault

Energy Vault reported Q2 2026 revenue of $17.36 million, above analysts' estimates; the stock rose sharply in after-hours trading. The company raised its 2026 revenue guidance to $270–310 million and said its backlog could grow from about $2 billion today to roughly $3 billion by year-end. Adjusted gross margin improved significantly to 38.6%, liquidity was $148 million, while GAAP net loss and adjusted EBITDA remained negative. Despite operational progress, profitability and cash-consumption risks persist. » More on de.investing.com

Energy Vault will supply battery storage systems, grid-forming inverter systems and AI-driven control software for an integrated energy infrastructure with initial capacity of 1.25 GW for a hyperscaler’s AI data centers in Texas. The company expects revenues of about $500–600 million in the second half of 2026 and in 2027. First installations are planned within four to twelve months; a national EPC partner will supply Caterpillar generators and perform EPC work. The solution is intended to bring AI capacity online faster independently of the public grid and later integrate grid power and renewable energy. » More on de.investing.com

Energy Vault's stock rose to a 52-week high of $6.35 and is currently trading at $6.37, implying a market capitalization of about $1.03 billion and a 1-year return of roughly 477%. InvestingPro nevertheless rates the stock as substantially above its fair value. For Q1 2026 the company reported EPS of -$0.12 on quarterly revenue of $21.9 million, missing expectations but reaffirming its full-year revenue guidance of $225–300 million. Energy Vault also announced a strategic development agreement with Eskom for an initial 25‑MW/4‑h gravity storage system in South Africa, scalable to up to 4 GW. » More on de.investing.com