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Energy Vault HoldingsNRGV +5.75%50 Market Cap is $701.9 Mil as of Aug. 19, 2026. GuruFocus rates NRGV with a GF Score™ of 50/100 and a GF Value™ of $3.23 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 487 Utilities - Independent Power Producers companies, Energy Vault Holdings ranks better than 65.71% on this metric.
Energy Vault Holdings's quarterly market cap
declined
from Dec. 2025 ($778.9 Mil) to Mar. 2026 ($574.7 Mil) but then
increased
from Mar. 2026 ($574.7 Mil) to Jun. 2026 ($847.5 Mil).
Energy Vault Holdings's annual market cap
increased
from Dec. 2023 ($341.5 Mil) to Dec. 2024 ($349.3 Mil) and
increased
from Dec. 2024 ($349.3 Mil) to Dec. 2025 ($778.9 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Energy Vault Holdings's Enterprise Value for Today is $879.2 Mil.
Energy Vault Holdings (NYSE:NRGV) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Renewable subindustry, Energy Vault Holdings's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Energy Vault Holdings Market Cap vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Energy Vault Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Energy Vault Holdings's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Energy Vault Holdings's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Energy Vault Holdings (NRGV) has a Market Cap of $701.9 Mil as of Aug. 19, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Energy Vault Holdings and its competitors. According to the industry distribution chart, Energy Vault Holdings ranks #167 out of 487 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.3%.
Is Energy Vault Holdings' Market Cap too high?
Energy Vault Holdings' current Market Cap is $701.9 Mil. The Utilities - Independent Power Producers industry median Market Cap is 204.61. Energy Vault Holdings' value of $701.9 Mil is 243% above this industry median. Based on the distribution chart, Energy Vault Holdings ranks #167 out of 487 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Energy Vault Holdings has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energy Vault Holdings' Market Cap compare to ELLO and SAFX?
According to the Utilities - Independent Power Producers industry distribution chart, Energy Vault Holdings ranks #167 out of 487 companies for Market Cap. This puts Energy Vault Holdings in the upper half of its industry. The industry median Market Cap is 204.61. Energy Vault Holdings' value of $701.9 Mil is 243% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Utilities - Independent Power Producers company?
The median Market Cap among Utilities - Independent Power Producers companies is 204.61, based on 487 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energy Vault Holdings's current Market Cap of $701.9 Mil is 243% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Energy Vault Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Market Cap is 204.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Vault Holdings's current Market Cap is $701.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Vault Holdings stock overvalued right now?
Based on GuruFocus' analysis, Energy Vault Holdings (NRGV) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.23, compared to a current price of $3.86 — trading 19.5% above its estimated fair value. The current Market Cap is $701.9 Mil and 243% above the Utilities - Independent Power Producers industry median of 204.61. Energy Vault Holdings' overall GF Score™ is 50/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Energy Vault Holdings (NRGV), the current Market Cap is $701.9 Mil as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Energy Vault Holdings (NRGV) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Vault Holdings stock appears to be overvalued.
The current stock price of $3.86 is trading 19.5% above its estimated GF Value™ of $3.23.
GuruFocus considers Energy Vault Holdings to be Modestly Overvalued.
Key valuation signals for NRGV:
Market Cap: $701.9 Mil
GF Value™: $3.23 vs. price of $3.86 (19.5% above fair value)
Industry Position: 243% above the Utilities - Independent Power Producers median (#167 of 487)
No single metric tells the full story. See the NRGV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Vault Holdings Inc is a diversified portfolio of energy storage solutions to third parties, including proprietary gravity, battery, and green hydrogen-based technologies, supported by technology-agnostic energy management software and integration capabilities. Geographical presence in the United States, Australia, and other countries. The majority of its revenue comes from Australia.
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