FY2026 EPS Estimates for NOVONIX Increased by Zacks Research

NOVONIX Limited Sponsored ADR (NASDAQ:NVX) – Equities researchers at Zacks Research lifted their FY2026 earnings per share (EPS) estimates for shares of NOVONIX in a report released on Thursday, September 3rd. Zacks Research analyst M. Marin now anticipates that the company will post earnings per share of ($2.70) for the year, up from their previous estimate of ($4.90). The consensus estimate for NOVONIX’s current full-year earnings is ($4.90) per share.

NOVONIX (NASDAQ:NVX) last released its quarterly earnings data on Friday, July 31st. The company reported ($0.06) EPS for the quarter.

Separately, Weiss Ratings downgraded shares of NOVONIX from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, August 13th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

NOVONIX Trading Down 0.7%

NVX opened at $2.74 on Thursday. The firm has a 50-day moving average price of $3.99 and a 200-day moving average price of $5.96. NOVONIX has a twelve month low of $2.65 and a twelve month high of $38.60. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.20.

Institutional Trading of NOVONIX

Institutional investors and hedge funds have recently bought and sold shares of the company. SmartHarvest Portfolios LLC purchased a new position in shares of NOVONIX during the 1st quarter valued at $100,000. Virtu Financial LLC boosted its stake in NOVONIX by 316.5% during the fourth quarter. Virtu Financial LLC now owns 76,137 shares of the company’s stock valued at $77,000 after buying an additional 57,859 shares during the period. XTX Topco Ltd boosted its stake in NOVONIX by 388.0% during the fourth quarter. XTX Topco Ltd now owns 270,796 shares of the company’s stock valued at $274,000 after buying an additional 215,305 shares during the period. Quadrature Capital Ltd purchased a new position in NOVONIX during the fourth quarter worth about $97,000. Finally, OLD Mission Capital LLC bought a new position in NOVONIX in the 4th quarter worth about $32,000. 0.06% of the stock is currently owned by hedge funds and other institutional investors.

NOVONIX Company Profile

NOVONIX, trading under the NASDAQ ticker NVX, is a technology-driven company specializing in the development and production of advanced materials and testing solutions for the lithium-ion battery industry. The company’s primary focus lies in supplying high-purity synthetic graphite anode materials and delivering comprehensive battery testing services to original equipment manufacturers (OEMs), research institutions, and battery producers worldwide. NOVONIX operates through two core divisions: NOVONIX Materials & Technology, which produces battery-grade graphite, and NOVONIX Battery Testing Solutions, which offers hardware and software platforms designed to accelerate battery research and development.

The Materials & Technology business segment manufactures spherical synthetic graphite anode products that meet rigorous industry standards for performance, consistency, and scalability.