FERVO ENERGY (FRVO)
NASDAQUtilitiesRenewable UtilitiesSnapshot 2026-11-04
$8.90-4.51%
Close 2026-11-04 · 1-day change
NASDAQUtilitiesRenewable UtilitiesSnapshot 2026-11-04
Research Workspace
Put FRVO beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Utilities is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisThis stock is volatile — it swings about 5% on a typical day and fell roughly 81% in its worst 12-month stretch.
View RiskFervo Energy's geothermal expansion has to keep compounding to justify the price. Cape Station reaching commercial operation is a key milestone. The company is unprofitable over the past year. Recent financial performance sits well below its industry cohort. The price is roughly in line with the growth we forecast. Our model puts the next-quarter miss near 62%. Peer multiples imply a price about 72% above where it trades. This read is provisional. Our read remains intact.
Trailing returns as of 2026-11-04. FRVO is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 15 analysts currently covering FRVO (as of Nov 2026).
Based on 6 Wall Street analysts offering 12-month price targets for FRVO in the last 4 months.
Continue this research
Compare FRVO with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| FRVO Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 1 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Renewable Electricity — fair value, gap to price, and forward P/E.
Compare the value case
Put FRVO next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Advance Cape Station development and commissioning
Commercial operation confirms progress on Cape Station development.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $8.90
The last 12 months of price, then the range of analyst 12-month targets from today’s $8.90.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Advance Cape Station development and commissioning
Cape Station achieving first power is a significant milestone.
Advances: Expand commercial partnerships and power purchase agreements
New partnership enhances commercial agreements and revenue potential.
Advances: Expand commercial partnerships and power purchase agreements
Secures a significant partnership enhancing revenue potential.
Advances: Increase revenue from near zero to positive levels
Earnings call highlights expansion, supporting revenue growth.
Share price decline indicates investor concerns about future performance.
Advances: Increase revenue from near zero to positive levels
Projected revenue growth aligns with management's objectives.
Analyst upgrade suggests positive sentiment and valuation support.