NRGV

In the past six months, Energy Vault reported Q2 2026 revenue of $17.37 million, exceeding expectations, and raised its full-year 2026 revenue guidance to between $270 million and $310 million. The company's contract backlog expanded to $2 billion, a 47% sequential and 107% year-over-year increase, largely driven by strong demand from the AI Compute Infrastructure segment. Energy Vault acquired a portfolio of 2.3 GW of U.S. battery energy storage system (BESS) development projects, including 350 MW ready to build, and secured New South Wales State Development Approval for its 125 MW / 1 GWh Stoney Creek BESS project in Australia. The company also received a 275 MW order from 2G Energy for U.S. AI energy infrastructure solutions and closed financing for 275 MW of Rolls-Royce MTU reciprocating engine generation capacity for hyperscale AI infrastructure. As of October 10, 2026, NRGV stock had decreased by 29.0% year-to-date, with a 52-week range of $2.50 to $6.64.