NeoVolta (NASDAQ:NEOV) Upgraded to “Hold” at Zacks Research

Zacks Research upgraded shares of NeoVolta (NASDAQ:NEOV) to a hold rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Several other research analysts have also commented on NEOV. Weiss Ratings reissued a “sell (e+)” rating on shares of NeoVolta in a research note on Thursday, January 22nd. Wall Street Zen downgraded shares of NeoVolta from a “hold” rating to a “strong sell” rating in a research note on Saturday, February 21st. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

NeoVolta Stock Up 5.5%

NASDAQ NEOV opened at $2.86 on Tuesday. The business’s fifty day simple moving average is $3.42 and its 200-day simple moving average is $3.92. The company has a quick ratio of 1.60, a current ratio of 2.10 and a debt-to-equity ratio of 0.13. The firm has a market cap of $122.15 million, a PE ratio of -9.86 and a beta of -0.66. NeoVolta has a 52 week low of $2.09 and a 52 week high of $7.13.

NeoVolta (NASDAQ:NEOV) last released its quarterly earnings data on Friday, February 13th. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.12). NeoVolta had a negative net margin of 54.71% and a negative return on equity of 284.92%. The business had revenue of $4.65 million during the quarter, compared to analyst estimates of $4.40 million. As a group, equities analysts anticipate that NeoVolta will post -0.53 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID increased its stake in NeoVolta by 3.1% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 5,669,083 shares of the company’s stock valued at $17,234,000 after purchasing an additional 169,822 shares during the period. Vanguard Group Inc. boosted its stake in shares of NeoVolta by 11.5% during the third quarter. Vanguard Group Inc. now owns 458,988 shares of the company’s stock worth $2,047,000 after buying an additional 47,521 shares during the period. Sovran Advisors LLC grew its holdings in shares of NeoVolta by 97.1% during the fourth quarter. Sovran Advisors LLC now owns 457,687 shares of the company’s stock worth $1,391,000 after buying an additional 225,516 shares during the last quarter. Geode Capital Management LLC increased its position in NeoVolta by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 329,747 shares of the company’s stock valued at $1,003,000 after acquiring an additional 9,385 shares during the period. Finally, 683 Capital Management LLC acquired a new position in NeoVolta in the 4th quarter valued at about $589,000. Hedge funds and other institutional investors own 5.11% of the company’s stock.

NeoVolta News Summary

Here are the key news stories impacting NeoVolta this week:

• Positive Sentiment: Sidoti raised several forward EPS forecasts in a new research note, increasing their Q3 2028 estimate to $0.05 (from $0.02) and boosting FY2029 to $0.55 (from $0.47). The upward revisions signal an improving outlook and a clearer path to sustained profitability, which can attract investors focused on recovery/growth. MarketBeat Sidoti Note
• Positive Sentiment: Sidoti’s modeling shows a transition from multi-year losses (FY2026–FY2027) to modest positive EPS in FY2028 and larger profits in FY2029 (their reports list FY2028 ~ $0.02 and FY2029 rising to $0.47–$0.55 across updates). That multi-year improvement narrative supports risk-on positioning for investors betting on a turnaround. MarketBeat Sidoti Estimates
• Neutral Sentiment: Zacks Research upgraded NeoVolta to a “Hold.” The change is a modest rating lift (not a buy), which removes some downside pressure from more negative recommendations but is not a strong buy signal. Zacks Upgrade
• Negative Sentiment: NeoVolta remains unprofitable in the near term: consensus for the current fiscal year is about ($0.53) EPS and the company recently missed quarterly EPS expectations. Ongoing negative margins and short-term losses keep execution and cash-flow risk elevated, which can limit enthusiasm despite the positive revisions. MarketBeat Financials

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.