NVIDIA launches Jetson Thor robotics computers for physical AI systems
In a recent transaction involving Energy Vault Holdings , Inc. (NYSE:NRGV), which currently trades near its 52-week low of $0.63 and has declined over 66% year-to-date, Chief Engineering Officer Akshay Ladwa sold 26,698 shares of common stock. According to InvestingPro analysis, the company appears undervalued at its current market cap of $119 million. The shares were sold at a price of $0.7059 each, amounting to a total value of $18,846. This sale was conducted on April 4, 2025, and was intended to cover the tax liability resulting from the vesting of restricted stock units. Following this transaction, Ladwa holds 2,270,651 shares directly. For deeper insights into insider trading patterns and 15+ additional ProTips about NRGV, including detailed financial health metrics, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Energy Vault Holdings Inc. reported a revenue shortfall in its Q4 2024 earnings, generating $33.5 million for the quarter and $46.2 million for the full year, which was below expectations. The company faced a larger-than-expected loss per share of $0.14, missing the forecasted -$0.12. Despite these financial setbacks, Energy Vault expanded its revenue backlog by 90% quarter-over-quarter, reaching $660 million. The company anticipates cash inflows from project financings and investment tax credits to range between $70-80 million, with significant contributions expected from projects in California and Texas. Energy Vault management projects achieving Adjusted EBITDA positivity in Q4 2025, with a revenue guidance range of $200 million to $300 million for 2025. The company also announced its strategy to focus on projects with contracted offtakers, expecting margin expansion in the coming year. Analysts' discussions highlighted the company's ongoing efforts in project financing and pricing strategies, with firms like Cowen and Seabert William Schenck showing interest in the company's operational and financial plans.
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