NeoVolta, Inc. (NASDAQ:NEOV – Free Report) – Equities research analysts at Sidoti dropped their Q1 2027 EPS estimates for shares of NeoVolta in a note issued to investors on Thursday, September 24th. Sidoti analyst S. Ferazani now forecasts that the company will post earnings of ($0.17) per share for the quarter, down from their previous estimate of ($0.13). The consensus estimate for NeoVolta’s current full-year earnings is ($0.43) per share. Sidoti also issued estimates for NeoVolta’s Q2 2027 earnings at ($0.17) EPS, Q3 2027 earnings at ($0.07) EPS, Q4 2027 earnings at ($0.02) EPS, FY2027 earnings at ($0.38) EPS and FY2029 earnings at $0.46 EPS.
NeoVolta (NASDAQ:NEOV – Get Free Report) last posted its quarterly earnings results on Wednesday, September 23rd. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.15). The firm had revenue of $0.01 million for the quarter, compared to analyst estimates of $1.27 million. NeoVolta had a negative return on equity of 124.51% and a negative net margin of 161.10%.
Check Out Our Latest Report on NeoVolta
NeoVolta Stock Performance
Shares of NEOV stock opened at $2.54 on Monday. The stock’s fifty day moving average price is $3.12 and its two-hundred day moving average price is $2.85. The company has a market cap of $149.89 million, a PE ratio of -4.88 and a beta of -0.87. NeoVolta has a fifty-two week low of $1.36 and a fifty-two week high of $7.13.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. AWM Investment Company Inc. acquired a new position in NeoVolta in the 2nd quarter valued at approximately $5,184,000. Alyeska Investment Group L.P. acquired a new position in shares of NeoVolta during the second quarter worth $4,882,000. BlackRock Inc. bought a new stake in shares of NeoVolta in the second quarter worth $1,633,000. BIP Wealth LLC bought a new stake in shares of NeoVolta in the second quarter worth $675,000. Finally, Bank of America Corp DE increased its holdings in NeoVolta by 131,579.3% in the first quarter. Bank of America Corp DE now owns 38,187 shares of the company’s stock valued at $118,000 after purchasing an additional 38,158 shares during the period. Institutional investors own 5.11% of the company’s stock.
About NeoVolta
NeoVolta, Inc develops and supplies energy storage systems for residential solar installations. Its products are designed to store electricity generated by rooftop solar panels and provide backup power during outages or periods when solar production is limited.
The company’s product portfolio includes modular battery-based systems such as the NV14 and related energy storage solutions. These systems are intended to help homeowners increase the use of self-generated solar power, improve energy resilience and manage household electricity consumption.
NeoVolta was founded in 2018 and is headquartered in San Diego, California.
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