Nuvve Holding Corp. (NVVE)

Nuvve Holding Corp.'s stock price has experienced significant volatility and a substantial decline over the past year. In December 2025, Nuvve regained compliance with the Nasdaq minimum bid rule and raised $5.4 million by issuing Series A stock. In Q4 2024, Nuvve reported an increase in total revenues to $1.8 million, primarily driven by higher sales of charger hardware. In Q1 2025, the company reported a revenue of $0.9 million, mainly due to increased charger hardware sales. In Q2 2025, Nuvve reported a 59% revenue drop compared to the previous year, and megawatts under management decreased by 19.5% over Q1 2025. Nuvve reported a revenue drop in Q3 2025. In late 2025/early 2026, the company announced a strategic expansion into stationary energy storage systems and microgrids, with new partnerships and projects in Denmark, New Mexico, and Japan.

Reliable data to determine the demand seasonality for Nuvve Holding Corp.'s products and services is limited. While the Industrials sector experiences seasonal strength from October 29 to May 10, this may not directly reflect the specific demand seasonality for Nuvve's V2G technology and related services.

Nuvve Holding Corp. specializes in vehicle-to-grid (V2G) technology, enabling electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid. The company's core offering is its Grid Integrated Vehicle (GIV) platform, which facilitates bidirectional charging solutions for EV fleets. Nuvve also provides networked charging stations, infrastructure, software, professional services, support, monitoring, and warranties for running electric vehicle fleets. Nuvve operates within the rapidly expanding EV infrastructure and energy storage sectors, and the broader clean energy and electric mobility industries. The company serves owner/operators of light and heavy-duty fleets, automotive manufacturers, charge point operators, and strategic partners.

Nuvve Holding Corp. has a geographic presence in the United States, the United Kingdom, Denmark, France, and Japan, with the majority of its revenue generated in the United States. The company is actively involved in pilot projects and commercial deployments across North America and Europe. Recent strategic expansions include a 2MW/8MWh grid-scale battery storage system project in Japan, a "Battery-as-a-Service" model deployment in New Mexico with Kit Carson Electric Cooperative, and an anticipated leap into the South Korean market with a 95MW/570MWh battery project slated for 2026 in partnership with Volt.

Nuvve Holding Corp.'s brand reputation has likely been influenced by challenging financial performance and strategic advancements. The significant decline in stock price and reported revenue drops could negatively impact investor confidence and public perception. However, the company has made strategic moves that could bolster its reputation, including a shift towards stationary energy storage systems, international projects, cost efficiencies, and increased orders and backlog. These positive developments could enhance Nuvve's reputation as a pioneering force in the V2G and clean energy sectors, despite the financial headwinds.

Nuvve Holding Corp.'s ownership structure is a mix of institutional, insider, and retail investors. Approximately 0.51% to 0.47% of the company's stock is owned by institutional investors, 6.24% by insiders, and 93.25% by public companies and individual investors. Major institutional owners include UBS Group AG, PFG Investments, LLC, and Renaissance Technologies Llc. Gregory Poilasne, Co-Founder, CEO & Director, owns a significant number of shares. Insider selling has been observed in the past three months.