NET Power (NYSE:NPWR – Get Free Report) was upgraded by Zacks Research to a “hold” rating in a report issued on Tuesday, Zacks reports.
Several other equities research analysts have also commented on the company. Weiss Ratings upgraded NET Power from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, September 8th. Northland Securities started coverage on shares of NET Power in a report on Monday. They set an “outperform” rating and a $2.75 price objective for the company. Finally, Wall Street Zen downgraded NET Power from a “sell” rating to a “strong sell” rating in a report on Saturday, July 18th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, NET Power presently has a consensus rating of “Hold” and an average target price of $3.25.
Read Our Latest Stock Analysis on NET Power
NET Power Stock Down 2.5%
NET Power (NYSE:NPWR – Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.91) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.84). Research analysts expect that NET Power will post -1.14 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, major shareholder 8 Rivers Capital, Llc sold 507,100 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $1.95, for a total transaction of $988,845.00. Following the completion of the transaction, the insider directly owned 1,242,900 shares of the company’s stock, valued at $2,423,655. This represents a 28.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 2,005,858 shares of company stock valued at $3,460,668 in the last 90 days. 2.06% of the stock is owned by insiders.
Institutional Investors Weigh In On NET Power
A number of hedge funds have recently modified their holdings of NPWR. Tidal Investments LLC grew its holdings in NET Power by 190.0% during the second quarter. Tidal Investments LLC now owns 1,546,562 shares of the company’s stock valued at $2,583,000 after purchasing an additional 1,013,309 shares during the period. SIR Capital Management L.P. purchased a new position in shares of NET Power during the 2nd quarter valued at $183,000. Bank of New York Mellon Corp bought a new position in shares of NET Power during the 2nd quarter worth $140,000. Bank of America Corp DE grew its stake in shares of NET Power by 40.1% during the 1st quarter. Bank of America Corp DE now owns 35,083 shares of the company’s stock worth $55,000 after acquiring an additional 10,034 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in NET Power by 644.0% in the 1st quarter. Renaissance Technologies LLC now owns 703,800 shares of the company’s stock worth $1,098,000 after acquiring an additional 609,200 shares during the last quarter. Institutional investors own 53.62% of the company’s stock.
Key Stories Impacting NET Power
Here are the key news stories impacting NET Power this week:
- Positive Sentiment: Northland Securities began coverage of NET Power with an Outperform rating and a $2.75 price target, implying meaningful upside from the stock’s recent level near $1.76. The bullish view likely reflects the company’s long-term potential in carbon-free power generation. Northland Securities Begins Coverage on NET Power
- Neutral Sentiment: Northland projects quarterly losses of approximately $0.05 to $0.07 per share from the third quarter of 2026 through the fourth quarter of 2027. The estimates establish a relatively stable earnings outlook but provide little evidence of near-term profitability.
- Negative Sentiment: The firm forecasts a $1.14 per-share loss for fiscal 2026, followed by losses of $0.25 per share in fiscal 2027 and $0.28 in fiscal 2028. Continued negative earnings and the lack of an expected near-term path to profitability may be weighing on investor sentiment, particularly given NET Power’s recent quarterly loss that substantially exceeded consensus estimates.
About NET Power
NET Power Inc (NYSE: NPWR) is a clean-energy technology company focused on producing electricity from natural gas while capturing carbon dioxide emissions. Its technology is designed to generate reliable power with substantially reduced atmospheric emissions compared with conventional natural-gas power plants.
The company’s principal technology is the Allam-Fetvedt Cycle, a process that uses high-pressure carbon dioxide as the working fluid in an oxy-combustion power cycle. The process is intended to produce electricity while capturing carbon dioxide in a concentrated form for transportation, storage, or potential industrial use.
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