NeoVolta Inc. (NEOV) AI Stock Analysis

NeoVolta Inc., headquartered in Poway, California, specializes in the design, manufacturing, and distribution of energy storage systems across the United States. Its flagship products, the NV14 and NV24 energy storage systems, integrate advanced battery technology with inverters to store and efficiently utilize energy for residential and commercial applications. Established in 2018, the company sells directly to certified solar installers and solar equipment distributors to complement solar installations. Its solutions aim to help consumers optimize energy consumption, reduce dependence on traditional grid power, and advance decentralized renewable energy.

NeoVolta's annual revenue rose from $4.5M in FY2022 to $13.3M in FY2026, generating a 5-year revenue CAGR of 22.5%. Growth accelerated sharply in FY2025, when revenue surged 218.6% to $8.4M, followed by 58.2% expansion in FY2026. However, gross margin compressed from 19.9% in FY2023 to 13.2% in FY2026. Operating margin worsened from -56.0% in FY2025 to -147.6% in FY2026, partly driven by R&D expenses increasing to $1.6M. Net losses deepened to -$21.5M in FY2026, yielding an EPS of -$0.52. In the latest quarter ended June 30, 2026, quarterly revenue growth fell 99.7% year-over-year.

As of June 30, 2026, NeoVolta held $22.2M in cash and short-term investments alongside $9.2M in total debt, resulting in net cash of $13.0M. The company maintained a current ratio of 4.92 and a debt-to-equity ratio of 0.23, backed by $39.6M in shareholders' equity and $53.6M in total assets. Operating cash flow and free cash flow both stood at -$15.2M in FY2026. The company does not pay dividends, and its 5-year share count increased by 139.5%.

At $2.19 per share, NeoVolta carries a market cap of $128.9M and an enterprise value of $176.6M. The stock trades at a price-to-sales multiple of 9.7x and an EV-to-revenue multiple of 9.8x, both above the US-listed Industrials peer median price-to-sales ratio of 1.5x. Over the past year, the stock fell 49.3%, compared to a 16.8% gain for the S&P 500 (SPY). Over a 5-year period, the shares dropped 68.5% while the index gained 83.0%.

Wall Street coverage includes 2 Strong Buy, 1 Buy, and 1 Hold ratings, with no Sell or Strong Sell ratings. The mean price target is $9.75, representing a 346.2% premium over the last close of $2.19. For the fiscal year ending June 30, 2027, consensus estimates call for revenue of $116.3M and an EPS of -$0.26. The company beat EPS estimates in 1 of the last 4 quarters, and the next earnings date is November 9, 2026.

This page is an AI-written research summary of NeoVolta Inc. (NEOV). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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