NeoVolta Inc. (NEOV) Stock

NeoVolta Inc. (NEOV) is a Industrials stock trading at $3.43 (as of 2026-08-20), with a market capitalization of $146.50M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

NeoVolta Inc. designs, manufactures, and sells battery-based energy storage systems in the United States, including NV14 and NV24 units that use batteries and an inverter for residential or commercial installations. Its products are sold directly to certified solar installers and solar equipment distributors.

Understand NeoVolta Inc.: how it makes money

NeoVolta designs, manufactures, and sells battery-based energy storage systems (NV14 and NV24) that include batteries and an inverter, and it monetizes them through sales to certified solar installers and solar equipment distributors in residential and commercial sites.

NeoVolta's ability to generate profit depends on converting its commercial and industrial demand signals (contracted and pipeline megawatt hours and purchase orders) into recognized equipment revenue, which appears to be near zero in the latest quarter.

Business quality (Weak): Latest-quarter revenue was 0.0B, even as demand metrics show contracted and pipeline megawatt hours, so the key question is whether potential purchase orders translate into actual equipment revenue and sustained operating profitability.

Bull case

  • Established product and sales route: It offers NV14 and NV24 energy storage systems (batteries plus inverter) and markets and sells directly to certified solar installers and solar equipment distributors.
  • Demand exists beyond the earliest stage: Contracted commercial and industrial demand is shown as 160 megawatt hours, with an active pipeline shown as 640 megawatt hours.
  • Gross margin reported as positive: For the latest period, reported gross margin is 45.8%.

Bear case

  • Profitability pressure despite gross margin: Operating margin is -129.7% in the latest period.
  • No reported revenue in the latest quarter: Revenue is shown as 0.0B for the latest quarter, which suggests demand signals have not yet translated into recognized sales.
  • Early purchase order value is near zero: Initial commercial and industrial purchase order value is shown as 0.0 USD_B, which may indicate limited monetization at this stage.
Valuation — source: SEC EDGAR (first-party)
Price$3.43
Market Cap$146.50M
Price / Book6.60
Price / Sales9.55
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$8.43M
Net Margin-59.7%
Revenue Growth (YoY)0.5%
EPS Growth (YoY)100.0%
Financial Health — source: SEC EDGAR
Altman Z-Score12.28 (safe)
Piotroski F-Score2/9 (weak)
Valuation vs Sector & Industry
Sector P/E (Industrials)25.9
Industry P/E (Electrical Equipment)37.8
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderLegacy Wealth Managment, LLC/ID ($16.40M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryElectrical Equipment
CEOHenry Ardes Johnson
Employees10
CountryUS
IPO Date2020-05-20

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NEOV earnings history · NEOV institutional & insider holders · NEOV KPIs & operating metrics · NEOV financials · NEOV investor presentations & press releases · NEOV SEC filings · NEOV peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.