Net Power, Inc. (NPWR)
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-09-04
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-09-04
Research Workspace
Put NPWR 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 →
Industrial Machinery & Supplies & Components is in expansion. 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.
Primary pillar broken — Free cash flow yield improves from negative: FCF yield -1.2% vs 0% target.
View ThesisManagement screens weak on capital allocation, earnings delivery, margins, market reaction to earnings.
View ManagementThis stock is highly volatile — it swings about 3% on a typical day and fell roughly 72% in its worst 12-month stretch.
View RiskNPWR's growth depends on advancing Project Permian and securing long-term power agreements. Revenue performance has been weak, with a significant earnings miss recently. The company trades at a valuation below typical for its sector peers. This suggests that the current price does not fully reflect the risks and challenges ahead. If NPWR misses again next quarter, the pressure on estimates could increase. The read is provisional.
Trailing returns as of 2026-09-04. NPWR is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 4 analysts currently covering NPWR (as of Sep 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
Continue this research
Compare NPWR with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Free account required to save the handoff. No credit card.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| NPWR 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 0 valuation methods, at three horizons. As of 2026-09-04. 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 Industrial Machinery & Supplies & Components — fair value, gap to price, and forward P/E.
Compare the value case
Put NPWR next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Secure long-term power purchase agreement for Project Permian Phase I
Secures long-term power purchase agreement for growth.
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 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
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.

Threatens: Progress joint development agreement with Entropy Inc. for PCC technology
Shift to unabated gas power may hinder clean power objectives.

Advances: Advance Project Permian clean firm power development on schedule
Project Permian redesign aligns with clean power development goals.

Earnings miss indicates potential issues with growth strategy.
