Streetbeat News

NEOV

NeoVolta Inc.

https://www.neovolta.com

Industry

Electrical Equipment & Parts

NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It offers NV14 and NV 24 energy storage systems to store and use energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was founded in 2018 and is headquartered in Poway, California.

Open

5.38

Mkt cap

180M

Volume

245K

High

5.49

P/E Ratio

-59.89

52-wk high

6.11

Low

5.15

Div yield

N/A

52-wk low

0.63

NeoVolta (NASDAQ: NEOV) has received approval for phase one of its $250M loan application from the U.S. Department of Energy's Title 17 Loan Program. The company will now enter phase two, which involves technical due diligence, to expand its U.S. manufacturing capabilities.

Portfolio Pulse from

November 13, 2024 | 4:15 pm

The article highlights the intraday movements of various industrial stocks on Friday. Vast Renewables, Interface, Nuburu, Avis Budget Group, American Superconductor, and NeoVolta saw significant gains, while MDU Resources, Advent Technologies, Safe & Green Holdings, 1847 Holdings, Asure Software, and Volato Group experienced notable declines.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 4:36 pm

In Friday's after-market session, several industrial stocks experienced significant price movements. Caravelle Intl Gr, FTC Solar, Multi Ways Holdings, WANG & LEE Group, NeoVolta, and Mesa Air Gr saw gains, while 1847 Holdings, Staffing 360 Solutions, JetBlue Airways, Frontier Group Holdings, CleanCore Solutions, and Agrify experienced losses.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 8:30 pm

NeoVolta Inc. has secured a $1.4 million deal with National Renewable Energy Partners, expanding its dealer network to new states. This move highlights the growing demand for energy storage solutions in the U.S. as states focus on grid resilience.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:46 pm

Maxim Group analyst Tate Sullivan has maintained a Buy rating on NeoVolta (NASDAQ:NEOV) and raised the price target from $4.25 to $4.75.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 6:27 pm

NeoVolta has been chosen as a strategic partner by Barrio Eléctrico to expand energy solutions in Puerto Rico. This initiative is supported by a $21 million award from the Department of Energy, aiming to equip up to 1,000 homes with NeoVolta's energy storage systems.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:46 pm

NeoVolta has secured a $5 million line of credit from National Energy Modelers, which could enhance its financial flexibility and support its growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:49 pm

Several industrial stocks experienced significant price movements during Monday's intraday session. Notable gainers included SIFCO Industries, Safe & Green Holdings, and Antelope Enterprises Holdings, while GrafTech International and Laser Photonics were among the biggest losers.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 4:30 pm

In Monday's pre-market session, Intuitive Machines (LUNR) led the gainers with a 23.6% increase, while Solidion Technology (STI) saw the largest decline at 14.5%. Other notable movers include Simpple (SPPL), Multi Ways Holdings (MWG), and Laser Photonics (LASE), which reported earnings recently.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 12:05 pm

NeoVolta has received new approvals from EnFin Solar Loans and Sungage Financial, which will likely strengthen its market position.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:58 am

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