NeoVolta (NASDAQ:NEOV) Upgraded at Zacks Research

NeoVolta (NASDAQ:NEOV) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

NEOV has been the subject of a number of other reports. Wall Street Zen lowered NeoVolta from a “hold” rating to a “strong sell” rating in a report on Saturday, February 21st. Weiss Ratings restated a “sell (e+)” rating on shares of NeoVolta in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce”.

NeoVolta Stock Performance

Shares of NEOV opened at $2.86 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.60 and a current ratio of 2.10. The stock has a 50 day moving average price of $3.42 and a two-hundred day moving average price of $3.92. The firm has a market capitalization of $122.15 million, a P/E ratio of -9.86 and a beta of -0.66. NeoVolta has a 52 week low of $2.09 and a 52 week high of $7.13.

NeoVolta (NASDAQ:NEOV) last issued its quarterly earnings data on Friday, February 13th. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.12). The company had revenue of $4.65 million for the quarter, compared to the consensus estimate of $4.40 million. NeoVolta had a negative return on equity of 284.92% and a negative net margin of 54.71%. Equities analysts forecast that NeoVolta will post -0.53 earnings per share for the current fiscal year.

Hedge Funds Weigh In On NeoVolta

Several institutional investors have recently bought and sold shares of NEOV. Qube Research & Technologies Ltd purchased a new position in NeoVolta in the third quarter valued at approximately $48,000. Virtu Financial LLC purchased a new position in NeoVolta in the fourth quarter valued at approximately $49,000. Millennium Management LLC purchased a new position in NeoVolta in the third quarter valued at approximately $53,000. Bank of America Corp DE lifted its stake in NeoVolta by 4,929.4% in the third quarter. Bank of America Corp DE now owns 14,736 shares of the company’s stock valued at $66,000 after purchasing an additional 14,443 shares during the last quarter. Finally, Truist Financial Corp purchased a new position in NeoVolta in the fourth quarter valued at approximately $129,000. Hedge funds and other institutional investors own 5.11% of the company’s stock.

Key NeoVolta News

Here are the key news stories impacting NeoVolta this week:

• Positive Sentiment: Sidoti projects NeoVolta will turn modestly profitable in FY2028 (EPS $0.02) and ramp to meaningful earnings in FY2029 (EPS $0.47) — a clear long‑term positive catalyst if the company hits that trajectory, since it implies eventual margin expansion and valuation re‑rating potential. Sidoti multi-year estimates
• Neutral Sentiment: Sidoti released granular quarter‑level forecasts (many quarters through Q3/Q4 2028) that give investors clearer modeling inputs — useful for projecting cash needs, break‑even timing and scenario analysis, but they are analyst estimates (not company guidance). Sidoti quarter estimates
• Negative Sentiment: Sidoti still forecasts substantial near‑term losses: FY2026 EPS of ($0.53) and FY2027 EPS of ($0.42), with negative quarterly EPS through much of 2026–2027 — underscoring execution and financing risk if revenue/margin improvements slip. That ongoing loss profile could lead to dilution or the need for capital before profitable years arrive. Near-term loss forecasts

NeoVolta Company Profile

NeoVolta, Inc is a clean-energy technology company that designs, manufactures and markets integrated battery storage systems for residential and light-commercial applications. Headquartered in San Jose, California, the company develops hardware and software solutions aimed at enhancing the value of rooftop solar installations, providing backup power and enabling homeowners to optimize time-of-use rate plans. NeoVolta’s modular approach to energy storage allows customers to scale capacity to match their changing needs.

The company’s flagship product family combines lithium-ion battery modules, a hybrid inverter and an energy management platform under a single enclosure.