Fervo Energy (NASDAQ:FRVO) Sets New 1-Year Low – Here’s What Happened

Posted by George Bondi on Oct 26th, 2026

Fervo Energy Company (NASDAQ:FRVO – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $7.83 and last traded at $7.90, with a volume of 420,222 shares. The stock had previously closed at $8.04.

Analyst Ratings Changes

Several brokerages have recently weighed in on FRVO. JPMorgan Chase & Co. lowered their price target on shares of Fervo Energy from $38.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Wall Street Zen upgraded Fervo Energy from a “strong sell” rating to a “sell” rating in a research note on Monday, July 20th. Wolfe Research set a $29.00 target price on shares of Fervo Energy and gave the stock an “outperform” rating in a report on Friday, September 25th. Weiss Ratings began coverage on shares of Fervo Energy in a research report on Tuesday, August 18th. They set a “sell (d)” rating for the company. Finally, Robert W. Baird lowered their price target on shares of Fervo Energy from $50.00 to $35.00 and set an “outperform” rating on the stock in a report on Thursday, August 13th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $39.53.

Check Out Our Latest Analysis on FRVO

Fervo Energy Stock Up 0.2%

The company has a 50-day simple moving average of $14.79. The firm has a market capitalization of $2.38 billion and a price-to-earnings ratio of -1.97. The company has a debt-to-equity ratio of 0.08, a current ratio of 8.62 and a quick ratio of 8.62.

Fervo Energy (NASDAQ:FRVO – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.29). The firm had revenue of $0.11 million during the quarter. On average, equities research analysts forecast that Fervo Energy Company will post -0.54 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FRVO. Robeco Schweiz AG raised its stake in Fervo Energy by 66.7% in the third quarter. Robeco Schweiz AG now owns 3,282,928 shares of the company’s stock valued at $44,615,000 after buying an additional 1,313,704 shares during the last quarter. Signaturefd LLC boosted its holdings in Fervo Energy by 175.0% in the third quarter. Signaturefd LLC now owns 2,200 shares of the company’s stock worth $30,000 after acquiring an additional 1,400 shares in the last quarter. Sterling Capital Management LLC purchased a new stake in shares of Fervo Energy during the third quarter worth about $27,000. SBI Securities Co. Ltd. grew its stake in shares of Fervo Energy by 387.3% during the third quarter. SBI Securities Co. Ltd. now owns 4,512 shares of the company’s stock worth $61,000 after acquiring an additional 3,586 shares during the last quarter. Finally, Viking Fund Management LLC purchased a new stake in shares of Fervo Energy during the third quarter worth about $815,000.

About Fervo Energy

(Get Free Report)

Fervo Energy is a geothermal energy company developing enhanced geothermal systems designed to generate electricity from heat found deep beneath the earth’s surface. The company applies techniques adapted from the oil and gas industry, including horizontal drilling and hydraulic stimulation, to create engineered geothermal reservoirs in areas where conventional geothermal resources may not be available.

Founded in 2017, Fervo combines advanced drilling, distributed fiber-optic sensing and reservoir engineering to evaluate and operate geothermal projects.