Should I buy or sell Nuvve stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nuvve in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NVVE shares. View NVVE analyst ratings or view top-rated stocks .

What is Nuvve's stock price target for 2024?

1 Wall Street analysts have issued 1 year price targets for Nuvve's stock. Their NVVE share price targets range from $100.00 to $100.00. On average, they expect the company's stock price to reach $100.00 in the next twelve months. This suggests a possible upside of 8,990.9% from the stock's current price. View analysts price targets for NVVE or view top-rated stocks among Wall Street analysts .

How have NVVE shares performed in 2024?

Nuvve's stock was trading at $4.98 at the beginning of 2024. Since then, NVVE shares have decreased by 77.9% and is now trading at $1.10. View the best growth stocks for 2024 here .

When is Nuvve's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024. View our NVVE earnings forecast .

How were Nuvve's earnings last quarter?

Nuvve Holding Corp. (NASDAQ:NVVE) issued its quarterly earnings data on Friday, March, 31st. The company reported ($13.20) EPS for the quarter. The company earned $1.15 million during the quarter. Nuvve had a negative trailing twelve-month return on equity of 212.03% and a negative net margin of 408.69%.

What ETF holds Nuvve's stock ?

Goldman Sachs Future Planet Equity ETF holds 107,862 shares of NVVE stock, representing 0.05% of its portfolio.

When did Nuvve's stock split?

Nuvve's stock reverse split on Monday, January 22nd 2024. The 1-40 reverse split was announced on Monday, January 22nd 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, January 22nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

How do I buy shares of Nuvve?

Shares of NVVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:NVVE

Nuvve (NVVE) Stock Price, News & Analysis

$1.10

+0.17 (+17.66%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $0.92
▼
$1.14
50-Day Range: $0.93
▼
$6.88
52-Week Range: $0.85
▼
$50.00

Volume: 1.36 million shs
Average Volume: 1.40 million shs
Market Capitalization: $1.38 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $100.00

Get Nuvve alerts:

Nuvve MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 8,990.9% Upside
$100.00 Price Target
Short Interest: Healthy
4.97% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.58
Based on 5 Articles This Week
Insider Trading: Acquiring Shares
$50,000 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.31 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Nuvve has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $100.00, Nuvve has a forecasted upside of 8,990.9% from its current price of $1.10.
Amount of Analyst Coverage
Nuvve has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
4.97% of the float of Nuvve has been sold short.
Short Interest Ratio / Days to Cover
Nuvve has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Nuvve has recently decreased by 96.08%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Nuvve does not currently pay a dividend.
Dividend Growth
Nuvve does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NVVE.

2.5

News and Social Media Coverage

News Sentiment
Nuvve has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Nuvve this week, compared to 1 article on an average week.
Search Interest
14 people have searched for NVVE on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Nuvve to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nuvve insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,000.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
13.30% of the stock of Nuvve is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 19.01% of the stock of Nuvve is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Nuvve is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nuvve is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Nuvve has a P/B Ratio of 0.03. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Nuvve Stock (NASDAQ:NVVE)

Nuvve Holding Corp., a green energy technology company, develops and commercializes vehicle-to-grid (V2G) technology in the United States, the United Kingdom, and Denmark. The company offers fleet and electric bus charging solutions, and V1G and V2G charging stations based on Grid Integrated Vehicle, a V2G technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services. Its V2G technology also links EV batteries into a virtual power plant that sells excess power to utility companies or utilizes saved power to reduce building energy peak consumption. The company was founded in 2010 and is headquartered in San Diego, California.

NVVE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NVVE Stock News Headlines

February 10, 2024 | americanbankingnews.com

Nuvve Holding Corp. (NASDAQ:NVVE) CEO Gregory Poilasne Acquires 25,000 Shares

February 9, 2024 | investing.com

Nuvve Holding Corp (NVVE)

February 12, 2024 | Edge On The Street (Ad)

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February 6, 2024 | msn.com

Status Update: More shops, new restaurant coming to Brea Mall this summer

January 31, 2024 | msn.com

Nuvve Holding stock plummets on pricing of $9.6M underwritten public offering

January 30, 2024 | finanznachrichten.de

Nuvve Holding Corp.: Fresno EOC Taps Nuvve To Transition To An EV Fleet Without Taxing The Powergrid In $16 Million Deal

January 30, 2024 | finance.yahoo.com

Taipower Awards e-Formula and Nuvve with Taiwan's First Electric Vehicle V2G Hub Project for 95 EVs

January 26, 2024 | msn.com

Why Nuvve Holding Shares Are Falling Friday

February 12, 2024 | Edge On The Street (Ad)

An Unusual Way to Invest in Gold

January 24, 2024 | marketwatch.com

Nuvve Chair Rashida La Lande Resigns

January 21, 2024 | benzinga.com

Nuvve Holding Stock (NASDAQ:NVVE) Dividends: History, Yield and Dates

December 12, 2023 | finance.yahoo.com

Nuvve Continues Scaling Effort Into Japanese Stationary Battery Segment

December 7, 2023 | finance.yahoo.com

Nuvve Achieves Record Month and Record Quarter for Charging Station Deployments

December 5, 2023 | finance.yahoo.com

Nuvve to Host Stockholder Q&A Webcast with Management Team

November 12, 2023 | finance.yahoo.com

Nuvve Holding Corp. (NASDAQ:NVVE) Q3 2023 Earnings Call Transcript

November 10, 2023 | finanznachrichten.de

Nuvve Holding Corp.: Nuvve Provides Third Quarter 2023 Financial Update

November 9, 2023 | finance.yahoo.com

Nuvve Provides Third Quarter 2023 Financial Update

November 8, 2023 | benzinga.com

Preview: Nuvve Holding's Earnings

November 3, 2023 | finance.yahoo.com

Nuvve to Report Third Quarter 2023 Financial Results on Thursday, November 9, 2023

November 2, 2023 | finance.yahoo.com

Nuvve Achieves Record Month for Charging Station Deployments

October 30, 2023 | finanznachrichten.de

Aegis Capital Corp. acted as Exclusive Placement Agent on a $2 Million Registered Direct Offering Priced At-the-Market for Nuvve Holding Corp.

October 30, 2023 | finance.yahoo.com

Aegis Capital Corp. acted as Exclusive Placement Agent on a $2 Million Registered Direct Offering Priced At-the-Market for Nuvve Holding Corp. (NASDAQ: NVVE)

October 29, 2023 | finance.yahoo.com

Co-Founder of Nuvve Holding Picks Up 37% More Stock

October 27, 2023 | finance.yahoo.com

Nuvve Holding Corp. Announces Closing of $2.066 Million Registered Direct Offering Priced At-the-Market

October 26, 2023 | finance.yahoo.com

/C O R R E C T I O N -- Nuvve Corporation/

October 25, 2023 | msn.com

Why Is Nuvve (NVVE) Stock Up 50% Today?

October 25, 2023 | finance.yahoo.com

Nuvve and Blue Bird Equip First All-Electric School Fleet in Texas

See More Headlines

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Company Calendar

Last Earnings: 3/31/2023
Today: 2/12/2024
Next Earnings (Estimated): 3/29/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Power, distribution & specialty transformers
Sub-Industry: N/A
Current Symbol: NASDAQ:NVVE
CUSIP: N/A
CIK: 1836875
Web: nuvve.com
Phone: 619-456-5161
Fax: N/A
Employees: 56
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $100.00
High Stock Price Target: $100.00
Low Stock Price Target: $100.00
Potential Upside/Downside: +8,990.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($48.80)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-24,020,000.00
Net Margins: -408.69%
Pretax Margin: -404.39%
Return on Equity: -212.03%
Return on Assets: -88.14%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.48
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $5.37 million
Price / Sales: 0.26
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $38.31 per share
Price / Book: 0.03

Miscellaneous

Outstanding Shares: 1,250,000
Free Float: 1,081,000
Market Cap: $1.38 million
Optionable: Optionable
Beta: 1.77

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Key Executives

Dr. Gregory Poilasne Ph.D. (Age 52)
Co-Founder, CEO & Director
Comp: $329.15k
Mr. Theodoro Chandler Smith CFA
President, COO & Director
Mr. David G. Robson (Age 58)
Chief Financial Officer
Comp: $313.35k
Mr. Hamza Lemsaddek
Vice President of Technology & Astrea AI
Mr. Patrick Enunwaonye
Vice President of SEC Reporting & Compliance
Ms. Neeta Toprani
General Counsel & Corporate Secretary
Mr. David Bercik
Senior Vice President of Sales - School Bus & GSA
Mr. Xavier Moreau
Executive VP of Strategy & Business Development

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

NVVE Stock Analysis - Frequently Asked Questions

Should I buy or sell Nuvve stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nuvve in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NVVE shares.
View NVVE analyst ratings or view top-rated stocks.
What is Nuvve's stock price target for 2024?: 1 Wall Street analysts have issued 1 year price targets for Nuvve's stock. Their NVVE share price targets range from $100.00 to $100.00. On average, they expect the company's stock price to reach $100.00 in the next twelve months. This suggests a possible upside of 8,990.9% from the stock's current price.
View analysts price targets for NVVE or view top-rated stocks among Wall Street analysts.
How have NVVE shares performed in 2024?: Nuvve's stock was trading at $4.98 at the beginning of 2024. Since then, NVVE shares have decreased by 77.9% and is now trading at $1.10.
View the best growth stocks for 2024 here.
When is Nuvve's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024.
View our NVVE earnings forecast.

How were Nuvve's earnings last quarter?: Nuvve Holding Corp. (NASDAQ:NVVE) issued its quarterly earnings data on Friday, March, 31st. The company reported ($13.20) EPS for the quarter. The company earned $1.15 million during the quarter. Nuvve had a negative trailing twelve-month return on equity of 212.03% and a negative net margin of 408.69%.
What ETF holds Nuvve's stock ?: Goldman Sachs Future Planet Equity ETF holds 107,862 shares of NVVE stock, representing 0.05% of its portfolio.
When did Nuvve's stock split?: Nuvve's stock reverse split on Monday, January 22nd 2024. The 1-40 reverse split was announced on Monday, January 22nd 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, January 22nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.
How do I buy shares of Nuvve?: Shares of NVVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NVVE) was last updated on 2/12/2024 by MarketBeat.com Staff

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