FeesSafety
Pluang+

Energy Vault needs $248M Q4 revenue to meet 2023 targets after Q3 drop, eyes positive EBITDA by 2027.

Market News
13 Nov 2026, 10:43 WIB
Seeking Alpha
View Source
Neutral
Energy Vault needs $248M Q4 revenue to meet 2023 targets after Q3 drop, eyes positive EBITDA by 2027.

Energy Vault Holdings experienced a sharp revenue decline in Q3 due to project delivery timing but aims to generate about $248 million in Q4 to meet its full-year revenue guidance. The company has a strong $2.3 billion project backlog and projects its first positive adjusted EBITDA by 2027, signaling potential growth. Its Build, Own & Operate model could provide recurring revenue, though financing projects remains costly and capital-intensive. Despite growth prospects, Energy Vault trades at a premium valuation compared to peers, leading to a Hold rating pending Q4 results.

Energy Vault's Q4 revenue ambitions provide context for the energy sector's market snapshot on Pluang. As of Nov 13, 2026 13:11 WIB, 54 of 79 priced energy-sector US stocks rose while 23 fell. Notable movers include NXT at USD 93.82 with a 1-day change of -6.73% and a typical hold time of 6 days, DNN at USD 2.07 down 5.48% with an 8-day hold, and SM at USD 32.77 up 5.17%, with Pluang order activity showing 0% Sell and 100% Buy, and a 7-day typical hold time.

More News

PAS-004 shows strong reductions in neurofibroma size with good safety, advancing to Phase 2 trials after FDA clearance.

PAS-004 shows strong reductions in neurofibroma size with good safety, advancing to Phase 2 trials after FDA clearance.

Pasithea Therapeutics announced positive Phase 1/1b results for PAS-004, showing significant reductions in cutaneous neurofibromas (cNF) size by up to 71% with continued treatment and early activity in plexiform neurofibromas (PN). The drug demonstra...

Company Fundamentals
Bullish
2 hours ago
Eramet launches €500M share capital increase with preferential subscription rights to reduce debt.

Eramet launches €500M share capital increase with preferential subscription rights to reduce debt.

Eramet announced a €500 million share capital increase through a rights issue, offering 6 new shares for every 5 existing shares at €14.49 each. The proceeds will be used to reduce the company's debt and strengthen its balance sheet as part of a prev...

Company Fundamentals
Neutral
2 hours ago
Shandong-South Korea Economic Conference opens with 23 new cooperation projects signed in Yantai.

Shandong-South Korea Economic Conference opens with 23 new cooperation projects signed in Yantai.

The 9th Shandong-South Korea Economic and Trade Cooperation Conference and Yantai South Korea Week began on November 6 in Yantai, Shandong Province, highlighting strong economic ties between Shandong and South Korea. Over 150 enterprises participated...

Bullish
3 hours ago
Nvidia's top investor Leo KoGuan won't buy more shares without CEO Jensen Huang.

Nvidia's top investor Leo KoGuan won't buy more shares without CEO Jensen Huang.

Leo KoGuan, a billionaire and major Nvidia shareholder, has stated he will not increase his investment in Nvidia unless Jensen Huang remains CEO. Huang recently resigned amid a scandal involving multiple affairs, ending his 33-year leadership at the ...

Market News
Bearish
5 hours ago
Manulife's core earnings rise 4% driven by Asia, but net income drops 22% amid valuation concerns

Manulife's core earnings rise 4% driven by Asia, but net income drops 22% amid valuation concerns

Manulife Financial Corporation reported a 4% year-over-year increase in core earnings to C$2.125 billion, largely driven by strong growth in its Asian markets, especially Hong Kong and Japan. However, the company's reported net income fell 22% due to...

Company Fundamentals
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App