NASDAQ · Electrical Equipment & Parts · USD

NOVONIX Limited (NVX) Stock Analysis

NOVONIX Limited (NVX) is a Electrical Equipment & Parts stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

NVX

$2.13

+$0.02 (+0.95%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NVX Key Statistics

As of Oct 21, 2026

Trading

Open: $2.16
Previous Close: $2.11
Day's Range: 2.09–2.17
52-Week Range: 2.08–20.70
Volume: 8.68K
Beta: 1.03

Valuation

Market Cap: $53.14M
P/E Ratio: unprofitable
P/S ratio: 9.46
EPS (ttm): −5.72

Financials (FY)

Revenue (FY): $5.62M−4.05%
Net Income (FY): −$92.73M
Shares Outstanding: 24.95M
1-Year Return: −89.35%

Dividend and dates

Avg Volume: 26.78K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NVX closed at $2.13, −89.35% over 1 year.

NOVONIX Limited (NVX) has a market capitalization of $53.14M.

In fiscal 2025, NVX reported revenue of $5.62M.

NVX Stock Return by Calendar Year

NOVONIX Limited (NVX) return since Feb 2022: what $10,000 became

1 year: $10,000 $1,065; −89.35%
3 years: $10,000 $1,170; −88.30%
Since Feb 2022: $10,000 $96; −99.04%

If you had invested $10,000 in NOVONIX Limited (NVX) at the close on February 2, 2022, the earliest close on record here, it would have been worth $96 at the close on October 21, 2026: −99.04% in total, −62.70% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−81.57%−52.68%−7.22%−43.89%−78.91%

2022*2023202420252026*

Year	Return
2026 (partial year)	−78.91%
2025	−43.89%
2024	−7.22%
2023	−52.68%
2022 (partial year)	−81.57%

As of October 21, 2026.

NVX Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$5.62M	−$92.73M	−1,650.8%
2024	$5.85M	−$74.82M	−1,278.0%
2023	$8.05M	−$46.25M	−574.2%
2022	$6.10M	−$51.86M	−850.0%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$5.62M	$3.12M	−$48.49M	−$92.73M	−1,650.8%
2024	$5.85M	$4.08M	−$51.52M	−$74.82M	−1,278.0%
2023	$8.05M	$5.24M	−$48.23M	−$46.25M	−574.2%
2022	$6.10M	$4.38M	−$48.04M	−$51.86M	−850.0%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NVX Valuation vs Electrical Equipment & Parts Median

Median of 56 stocks

Metric	NVX	Electrical Equipment & Parts median	vs median
P/S ratio	9.46	2.01	4.7x the median

Medians across 56 Electrical Equipment & Parts stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values NOVONIX Limited (NVX) at $53.14M. The company sits in the Industrials sector, in the Electrical Equipment & Parts industry. Headcount on file is 192.

The 52-week range on file runs from $2.08 to $20.70. NVX last closed at $2.13 on October 21, 2026. That is +$0.02 (+0.95%) against the previous close. The latest close sits 2.4% above that 52-week low.

Financial Health

In fiscal 2025, NOVONIX Limited reported revenue of $5.62M. That is −4.05% against the prior fiscal year, when revenue was $5.85M. The same year closed with a net loss of $92.73M. Trailing earnings per share are −5.72.

Across the 4 fiscal years on file, revenue moves from $6.10M in 2022 to $5.62M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The price-to-sales ratio is 9.46. On price-to-sales that is 4.7 times the Electrical Equipment & Parts median of 2.01. The medians here are taken across 56 Electrical Equipment & Parts companies that report the metric.

The reported beta is 1.03. Daily returns over the trailing 4 years annualize to a volatility of 89.8%. Over the trailing twelve months the total return is −89.35%. Across 3 years the annualized return works out at −51.09%.

Growth & Income

The record shows no dividend for NVX.

The strongest complete calendar year on file is 2024 at −7.22%; the weakest is 2023 at −52.68%. Of the 3 complete calendar years on file, 0 finished higher. So far in 2026 the total return is −78.91%.

Peer Comparison

NOVONIX Limited (NVX) operates in the Electrical Equipment & Parts industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
NOVONIX Limited	NVX	$53.14M	—
Vertiv Holdings Co	VRT	$81.68B	48.0
Bloom Energy Corporation	BE	$65.58B	293.0
Hubbell Incorporated	HUBB	$24.34B	27.3

The Electrical Equipment & Parts industry average P/E ratio is 33.0x. NOVONIX Limited has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About NOVONIX Limited

NOVONIX Limited, a battery technology and materials company, provides products and mission critical services in North America, Asia, Australia, and Europe. It operates through Battery Materials, Battery Technology, and Graphite Exploration segments. The company develops and manufactures battery anode materials and battery cell testing equipment; performs consulting services; and carries out research and development in battery development. It also manages, maintenance, and develops Mount Dromedary natural graphite deposit located in Northern Queensland, Australia. In addition, the company is involved in investment and management, and real estate borrowing activities, as well as battery technology activities. It serves battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.

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