NeoVolta (NEOV, Financial) has entered a collaboration with Virtual Peaker to enhance grid resilience and promote the use of distributed energy resources. The partnership focuses on integrating NeoVolta's advanced battery storage systems with Virtual Peaker's AI-driven virtual power plant platform.
Virtual Peaker's cutting-edge platform optimizes the functionality of batteries as distributed energy resources, aiming to maximize energy savings and boost grid reliability. By leveraging artificial intelligence, this collaboration seeks to offer smarter energy management solutions for both homeowners and utility providers.
The integration of these technologies aligns with broader industry goals of enhancing energy efficiency and reliability, providing a scalable solution to modern energy challenges. The announcement underscores the mutual commitment of NeoVolta and Virtual Peaker to innovate within the energy sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for NeoVolta Inc (NEOV, Financial) is $7.50 with a high estimate of $7.50 and a low estimate of $7.50. The average target implies an upside of 258.85% from the current price of $2.09. More detailed estimate data can be found on the NeoVolta Inc (NEOV) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, NeoVolta Inc's (NEOV, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for NeoVolta Inc (NEOV, Financial) in one year is $1.36, suggesting a downside of 34.93% from the current price of $2.09. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the NeoVolta Inc (NEOV) Summary page.
