NeoVolta (NASDAQ:NEOV) Research Coverage Started at Northland Securities

Northland Securities initiated coverage on shares of NeoVolta (NASDAQ:NEOV) in a report issued on Wednesday, Marketbeat reports. The brokerage issued an outperform rating on the stock. Northland Securities also issued estimates for NeoVolta’s Q4 2026 earnings at ($0.12) EPS, FY2026 earnings at ($0.39) EPS, Q1 2027 earnings at ($0.11) EPS, Q2 2027 earnings at ($0.12) EPS, Q3 2027 earnings at ($0.10) EPS, Q4 2027 earnings at ($0.07) EPS, FY2027 earnings at ($0.39) EPS, FY2028 earnings at $0.45 EPS, FY2029 earnings at $1.08 EPS, FY2030 earnings at $2.07 EPS and FY2031 earnings at $2.17 EPS.

Other equities analysts have also recently issued research reports about the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of NeoVolta in a report on Friday, June 26th. Needham & Company LLC reiterated a “buy” rating and issued a $8.00 price objective on shares of NeoVolta in a research report on Thursday, July 2nd. Zacks Research raised NeoVolta to a “hold” rating in a research note on Tuesday, April 21st. Finally, Lake Street Capital assumed coverage on shares of NeoVolta in a report on Friday, June 26th. They set a “buy” rating and a $11.00 target price on the stock. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $9.50.

NeoVolta Trading Down 0.9%

Shares of NeoVolta stock opened at $2.11 on Wednesday. The company has a market capitalization of $90.12 million, a PE ratio of -6.39 and a beta of -1.09. NeoVolta has a 12 month low of $1.36 and a 12 month high of $7.13. The stock’s fifty day simple moving average is $2.24 and its 200 day simple moving average is $3.07.

NeoVolta (NASDAQ:NEOV) last posted its earnings results on Thursday, May 14th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.07. NeoVolta had a negative return on equity of 141.89% and a negative net margin of 63.35%.The firm had revenue of $2.02 million during the quarter, compared to analysts’ expectations of $3.41 million. Analysts predict that NeoVolta will post -0.38 EPS for the current fiscal year.

Insider Activity

In other news, EVP Steve Bond purchased 47,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were purchased at an average price of $2.09 per share, with a total value of $98,230.00. Following the purchase, the executive vice president directly owned 797,000 shares of the company’s stock, valued at $1,665,730. This trade represents a 6.27% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 4.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Legacy Wealth Managment LLC ID raised its position in NeoVolta by 3.1% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 5,669,083 shares of the company’s stock valued at $17,234,000 after buying an additional 169,822 shares during the last quarter. Vanguard Group Inc. lifted its stake in NeoVolta by 11.5% in the 3rd quarter. Vanguard Group Inc. now owns 458,988 shares of the company’s stock valued at $2,047,000 after acquiring an additional 47,521 shares in the last quarter. Sovran Advisors LLC boosted its position in NeoVolta by 97.1% during the 4th quarter. Sovran Advisors LLC now owns 457,687 shares of the company’s stock worth $1,391,000 after acquiring an additional 225,516 shares during the last quarter. Geode Capital Management LLC boosted its position in NeoVolta by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 329,747 shares of the company’s stock worth $1,003,000 after acquiring an additional 9,385 shares during the last quarter. Finally, 683 Capital Management LLC acquired a new position in NeoVolta during the 4th quarter worth approximately $589,000. 5.11% of the stock is owned by institutional investors and hedge funds.

NeoVolta News Summary

Here are the key news stories impacting NeoVolta this week:

• Positive Sentiment: Northland Securities began coverage of NeoVolta with an “Outperform” rating, signaling confidence in the company’s long-term growth prospects. The firm forecasts EPS of $0.45 in FY2028, rising to $1.08 in FY2029, $2.07 in FY2030 and $2.17 in FY2031. Northland Securities Begins Coverage on NeoVolta
• Neutral Sentiment: Northland’s quarterly forecasts call for losses of $0.12 per share in Q4 2026, $0.11 in Q1 2027, $0.12 in Q2, $0.10 in Q3 and $0.07 in Q4. These projections provide investors with a clearer earnings outlook but do not imply an imminent return to profitability. Equities Analysts Offer Predictions for NeoVolta Q2 Earnings
• Negative Sentiment: Northland expects NeoVolta to post a $0.39-per-share loss in both FY2026 and FY2027, slightly worse than the current full-year consensus estimate of a $0.37 loss. The forecasts reinforce concerns about ongoing cash needs and execution risk while the company remains unprofitable. What is Sidoti’s Estimate for NeoVolta FY2029 Earnings?

NeoVolta Company Profile

NeoVolta, Inc is a clean-energy technology company that designs, manufactures and markets integrated battery storage systems for residential and light-commercial applications. Headquartered in San Jose, California, the company develops hardware and software solutions aimed at enhancing the value of rooftop solar installations, providing backup power and enabling homeowners to optimize time-of-use rate plans. NeoVolta’s modular approach to energy storage allows customers to scale capacity to match their changing needs.

The company’s flagship product family combines lithium-ion battery modules, a hybrid inverter and an energy management platform under a single enclosure.