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FRVO Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
27.905
Open
27.470
VWAP
24.94
Vol
8.12M
Mkt Cap
8.21B
Low
23.100
Amount
202.37M
EV/EBITDA(TTM)
--
Total Shares
294.64M
EV
--
EV/OCF(TTM)
--
P/S(TTM)
--
Fervo Energy Company is a geothermal energy developer that builds, owns, and operates geothermal power facilities. It constructs projects in phases across leased acreage positions that can support multi-gigawatt power developments (GeoClusters). It classifies its portfolio into three categories: Mature, Pipeline, and Prospects. Mature represents near-term commercial value and includes projects that are operating, under construction, or ready to build. Its Mature operates three megawatts online generating power from its pilot project, Project Red. Pipeline represents its mid-term growth engine and includes both projects where a go-to-market strategy is established, key milestones and origination are progressing, and resource characterization is completed, and feasibility activities are underway. Prospect represents long-term expansion and consists of large-scale, leased acreage positions where preliminary technical assessments and geospatial analyses have delineated capacity potential.
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Events Timeline

(ET)
2026-07-07
12:30:00
Fervo Energy Shares Drop 16.2% to $23.36
select
2026-07-07
10:30:00
Fervo Energy Shares Drop 10.6% to $24.92
select
2026-06-22 (ET)
2026-06-22
16:30:00
Nasdaq Declines Amid Weakness in Tech Stocks
select
2026-06-22
12:30:00
S&P 500 Declines Amid Weakness in Tech Stocks
select
2026-06-22
09:30:00
S&P 500 Futures Slightly Higher, Markets Cautious Start
select
2026-06-22
07:30:00
Fervo Reports Q1 Revenue of $61,000, CEO Says Geothermal Decade Has Begun
select
2026-06-22
06:30:00
Fervo Energy Partners with Nvidia to Develop EGS-Twin Platform
select

News

renaissancecapital
8.5
07-01renaissancecapital
Analysis of 2026 IPO Market Hot Themes
  • Investment Strategy Discussion: Renaissance's Director of Investment Strategies, Avery, discusses the hottest themes in the 2026 IPO market in this week's analysis, aiming to provide investors with forward-looking insights to navigate market dynamics.
  • Market Trend Insights: By analyzing current market trends, Avery emphasizes the significance of emerging industries and technologies in future IPOs, assisting investors in identifying potential investment opportunities.
  • Information Access Channels: To ensure investors stay updated on IPO market changes, Avery encourages subscriptions to the weekly newsletter for the latest market analysis and investment advice.
  • Strategic Investment Recommendations: The insights provided by Avery not only offer predictions for future IPOs but may also influence investors' decision-making, thereby positioning them advantageously in a competitive market.
renaissancecapital
8.5
07-01renaissancecapital
SpaceX's Historic IPO Drives Strong 2Q Recovery
  • IPO Market Recovery: The IPO market rebounded quickly in Q2, with 48 companies raising a record $104.8 billion, indicating a strong recovery and renewed investor confidence following the volatility of Q1.
  • Record Financing by SpaceX: SpaceX raised $75 billion in its IPO, surpassing the total amount raised by all US IPOs in the previous two years combined, highlighting its significant influence and appeal in the capital markets.
  • Significant Market Capitalization: At listing, SpaceX commanded a market cap of $1.7 trillion, immediately making it one of the largest public companies on US exchanges, reflecting its leadership position and growth potential in the aerospace sector.
  • Strong Overall Market Performance: Even without SpaceX's IPO, Q2 would have seen the highest IPO proceeds since 2021, driven by a steady influx of large deals, further enhancing market activity.
NASDAQ.COM
4.5
06-30NASDAQ.COM
ETF Component Trading Dynamics Analysis
  • Mosaic Decline: Mosaic's stock fell approximately 5.3% with over 7.3 million shares traded, indicating market concerns about its future performance, which could undermine investor confidence.
  • Ivanhoe Electric Surge: Ivanhoe Electric's stock rose about 4.2%, standing out in a volatile market, potentially attracting more investor interest in its growth prospects and enhancing its market position.
  • Fervo Energy Weakness: Fervo Energy's stock dropped around 5.8%, lagging behind other components of the T Rowe Price Natural Resources ETF, which may lead investors to reassess its investment value and impact its future financing capabilities.
  • Overall ETF Activity: The ETF experienced significant trading volume on Tuesday, with the fluctuations in Mosaic and other components reflecting an increased market focus on the natural resources sector, influencing overall investment strategies.
renaissancecapital
8.5
06-24renaissancecapital
SpaceX's Historic IPO Drives Record 2Q Market Recovery
  • Market Recovery: The IPO market rebounded quickly in Q2, with 48 companies going public and raising a record $104.9 billion, indicating a resurgence of market confidence.
  • SpaceX's Major Deal: SpaceX raised $75 billion in its IPO, surpassing the total of all US IPOs from the previous two years combined, achieving a market cap of $1.7 trillion at listing, making it one of the largest public companies on US exchanges.
  • Strong First Day Performance: SpaceX's stock rose 19% on its debut, alleviating concerns about an overly hot or cold opening, although aftermarket trading remained volatile.
  • Large Deal Momentum: Even without SpaceX's deal, Q2 would have been the largest quarter for IPO proceeds since 2021, with nine other IPOs raising over $1 billion, showcasing the ongoing appeal of large transactions.
NASDAQ.COM
4.5
06-22NASDAQ.COM
Mixed Market Close: Tech Stocks Decline Amid Leadership Changes
  • Tech Stock Decline: Alphabet's stock fell over 5% following the announcement of Google DeepMind VP Jumper's departure, leading to a broader decline in major tech stocks, which may heighten investor uncertainty regarding the tech sector's future performance.
  • Oil Price Volatility: Oil prices initially surged over 2% after Iran threatened to close the Strait of Hormuz, but later retreated due to reported progress in peace talks with the US, highlighting the direct impact of geopolitical tensions on market dynamics and prompting investors to reassess energy sector risks.
  • Market Expectation Shift: The market is currently pricing in a 39% chance of a 25 basis point rate hike at the upcoming FOMC meeting, reflecting a cautious investor sentiment towards future monetary policy, which could influence market liquidity and investment strategies.
  • Overseas Market Performance: European and Asian stock markets closed higher, with the Euro Stoxx 50 and Japan's Nikkei 225 rising by 0.29% and 1.55% respectively, indicating a divergence in global market trends that may provide some support for the US market.
NASDAQ.COM
4.5
06-22NASDAQ.COM
Mixed U.S. Stock Performance with Tech Stocks Leading Declines
  • Tech Stock Decline: Alphabet's stock fell over 6%, leading the tech sector down after the announcement of Google DeepMind VP Jumper's departure to Anthropic PBC, raising concerns about the company's future and potentially impacting investor confidence.
  • Market Volatility Factors: Stock index futures weakened overnight due to a more than 2% rise in oil prices following Iran's threat to close the Strait of Hormuz, although they recovered later due to reported progress in peace talks with the U.S., highlighting geopolitical influences on market dynamics.
  • Bond Yield Changes: The 10-year U.S. Treasury yield rose to 4.503%, a one-week high, driven by Fed rate hike expectations and an upcoming $211 billion Treasury auction, which may exert pressure on the bond market.
  • Overseas Market Performance: European and Asian stock markets saw gains, with the 10-year German bund yield falling to 2.946%, reflecting optimism about global economic recovery, which could provide support for the U.S. market.
Wall Street analysts forecast FRVO stock price to rise
0 Analyst Rating
Wall Street analysts forecast FRVO stock price to rise
0 Buy
0 Hold
0 Sell
Current: 0.000
sliders
Low
Averages
High
Current: 0.000
sliders
Low
Averages
High
Barclays
NULL
to
Overweight
maintain
$47 -> $48
AI Analysis
2026-06-24
Reason
Barclays
Price Target
$47 -> $48
AI Analysis
2026-06-24
maintain
NULL
to
Overweight
Reason
Barclays raised the firm's price target on Fervo Energy to $48 from $47 and keeps an Overweight rating on the shares. The company, on its first earnings call, reiterated the Cape I and II timelines, the analyst tells investors in a research note. The firm says Fervo 's new Nvidia partnership "helps de-risk subsurface."
Baird
Ben Kallo
Outperform
maintain
$47 -> $50
2026-06-23
Reason
Baird
Ben Kallo
Price Target
$47 -> $50
2026-06-23
maintain
Outperform
Reason
Baird analyst Ben Kallo raised the firm's price target on Fervo Energy to $50 from $47 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results and its first as a public company.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for FRVO
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Valuation Metrics

The current forward P/E ratio for Fervo Energy Co (FRVO.O) is 0.00, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Fervo Energy Co's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
Current PE
0.00
Overvalued PE
Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-0.36
Current EV/EBITDA
-0.26
Overvalued EV/EBITDA
-0.33
Undervalued EV/EBITDA
-0.40

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
127.00
Current PS
86.56
Overvalued PS
141.37
Undervalued PS
112.63

Financials

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Frequently Asked Questions

What is Fervo Energy Co (FRVO) stock price today?

The current price of FRVO is 23.8 USD — it has decreased -14.63

What is Fervo Energy Co (FRVO)'s business?

Fervo Energy Company is a geothermal energy developer that builds, owns, and operates geothermal power facilities. It constructs projects in phases across leased acreage positions that can support multi-gigawatt power developments (GeoClusters). It classifies its portfolio into three categories: Mature, Pipeline, and Prospects. Mature represents near-term commercial value and includes projects that are operating, under construction, or ready to build. Its Mature operates three megawatts online generating power from its pilot project, Project Red. Pipeline represents its mid-term growth engine and includes both projects where a go-to-market strategy is established, key milestones and origination are progressing, and resource characterization is completed, and feasibility activities are underway. Prospect represents long-term expansion and consists of large-scale, leased acreage positions where preliminary technical assessments and geospatial analyses have delineated capacity potential.

What is the price predicton of FRVO Stock?

Wall Street analysts forecast FRVO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FRVO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Fervo Energy Co (FRVO)'s revenue for the last quarter?

Fervo Energy Co revenue for the last quarter amounts to NaN USD, decreased

What is Fervo Energy Co (FRVO)'s earnings per share (EPS) for the last quarter?

Fervo Energy Co. EPS for the last quarter amounts to USD, decreased

How many employees does Fervo Energy Co (FRVO). have?

Fervo Energy Co (FRVO) has 0 emplpoyees as of July 08 2026.

What is Fervo Energy Co (FRVO) market cap?

Today FRVO has the market capitalization of 8.21B USD.