Fervo Energy Company (FRVO)Utilities | Utilities - Renewable | Houston, United States | NasdaqGS
36.66 USD
-2.04
(-5.271%) ⇩
(May 29, 2026, 4 p.m.
EDT)
After hours: 36.70 +0.04 (0.109%) ⇧ (May 29, 2026, 7:05 p.m. EDT) |
Hot Take ↕ | May 25, 2026, 3:57 a.m. EDT
The long-term investment case is nonexistent due to catastrophic fundamental deterioration. The company reports negative book value, negative operating cash flow, and gross margins of -181%, indicating the business model is currently burning capital without generating revenue. With no price history available to assess a multi-year trajectory, the lack of historical data cannot mask these severe operational deficits. The short-term rating remains neutral because the recent 40% post-IPO surge has already priced in the hype, and the statistical models offer no predictive edge. While options traders are aggressively betting on further upside, this sentiment is detached from the reality of a company with no earnings, negative equity, and no dividend capability. |
| Attribute | Value |
|---|---|
| Sector | Utilities |
| Revenue per Share | 0.011 |
| Market Cap | 10,780,324,864 |
| Forward P/E | -458.25 |
| Website | https://fervoenergy.com |
As of May 25, 2026, 3:57 a.m. EDT: Speculators are overwhelmingly bullish on the immediate future, evidenced by massive open interest in out-of-the-money calls (strikes 45 and 50) compared to negligible put activity. This indicates a heavy concentration of bets on a significant price surge, likely driven by the recent IPO momentum and Bill Gates' backing, while hedging against downside is virtually non-existent.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.059113264 |
| Address1 | 811 Main Street |
| Address2 | Suite 1700 |
| All Time High | 42.65 |
| All Time Low | 35.5 |
| Ask | 36.71 |
| Ask Size | 1 |
| Average Analyst Rating | 3.0 - Hold |
| Average Daily Volume10 Day | 5,472,170 |
| Average Daily Volume3 Month | 8,171,454 |
| Average Volume | 8,171,454 |
| Average Volume10Days | 5,472,170 |
| Bid | 36.58 |
| Bid Size | 1 |
| Book Value | -19.301 |
| City | Houston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 36.66 |
| Current Ratio | 3.174 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,778,803,200 |
| Day High | 39.0 |
| Day Low | 35.85 |
| Ebitda | -48,516,000 |
| Ebitda Margins | 0.0 |
| Eps Current Year | -0.22 |
| Eps Forward | -0.08 |
| Eps Trailing Twelve Months | -0.21 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 38.86909 |
| Fifty Day Average Change | -2.2090912 |
| Fifty Day Average Change Percent | -0.056834135 |
| Fifty Two Week Change Percent | 5.9113264 |
| Fifty Two Week High | 42.65 |
| Fifty Two Week High Change | -5.9900017 |
| Fifty Two Week High Change Percent | -0.14044552 |
| Fifty Two Week Low | 35.5 |
| Fifty Two Week Low Change | 1.1599998 |
| Fifty Two Week Low Change Percent | 0.032676052 |
| Fifty Two Week Range | 35.5 - 42.65 |
| First Trade Date Milliseconds | 1,778,679,000,000 |
| Float Shares | 7,854,420 |
| Forward Eps | -0.08 |
| Forward P E | -458.25 |
| Free Cashflow | -422,748,512 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 199 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | -1.81159 |
| Gross Profits | -250,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.2204 |
| Held Percent Institutions | 0.18283 |
| Implied Shares Outstanding | 294,062,333 |
| Industry | Utilities - Renewable |
| Industry Disp | Utilities - Renewable |
| Industry Key | utilities-renewable |
| Ipo Expected Date | 2,026-05-13 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Fervo Energy Company operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling, advanced computational models, and distributed fiber optic sensing that increase the productivity and lifetime of geothermal wells. The company employs precision directional drilling technology to drill horizontally in geothermal reservoirs and develops a data analytics algorithm that enables the identification of existing resources and optimizes flow distribution through the reservoir for heat mining efficiency. The company was incorporated in 2017 and is headquartered in Houston, Texas. |
| Long Name | Fervo Energy Company |
| Market | us_market |
| Market Cap | 10,780,324,864 |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_586111506 |
| Net Income To Common | -70,515,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 11,380,212,286 |
| Number Of Analyst Opinions | 1 |
| Open | 38.7 |
| Operating Cashflow | -31,757,000 |
| Operating Margins | -353.6667 |
| Payout Ratio | 0.0 |
| Phone | 832 554 3253 |
| Post Market Change | 0.040000916 |
| Post Market Change Percent | 0.109113246 |
| Post Market Price | 36.7 |
| Post Market Time | 1,780,095,916 |
| Previous Close | 38.7 |
| Price Eps Current Year | -166.63637 |
| Price Hint | 2 |
| Price To Book | -1.8993834 |
| Price To Sales Trailing12 Months | 78,118.3 |
| Profit Margins | 0.0 |
| Quick Ratio | 3.11 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 3.0 |
| Region | US |
| Regular Market Change | -2.040001 |
| Regular Market Change Percent | -5.27132 |
| Regular Market Day High | 39.0 |
| Regular Market Day Low | 35.85 |
| Regular Market Day Range | 35.85 - 39.0 |
| Regular Market Open | 38.7 |
| Regular Market Previous Close | 38.7 |
| Regular Market Price | 36.66 |
| Regular Market Time | 1,780,084,800 |
| Regular Market Volume | 2,797,183 |
| Return On Assets | -0.03217 |
| Return On Equity | -0.086210005 |
| Revenue Per Share | 0.011 |
| Sand P52 Week Change | 0.2794361 |
| Sector | Utilities |
| Sector Disp | Utilities |
| Sector Key | utilities |
| Shares Outstanding | 286,276,919 |
| Shares Percent Shares Out | 0.0095999995 |
| Shares Short | 2,826,230 |
| Short Name | Fervo Energy Company |
| Short Ratio | 0.16 |
| Source Interval | 15 |
| State | TX |
| Symbol | FRVO |
| Target High Price | 42.0 |
| Target Low Price | 42.0 |
| Target Mean Price | 42.0 |
| Target Median Price | 42.0 |
| Total Revenue | 138,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.21 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 38.86909 |
| Two Hundred Day Average Change | -2.2090912 |
| Two Hundred Day Average Change Percent | -0.056834135 |
| Type Disp | Equity |
| Volume | 2,797,183 |
| Website | https://fervoenergy.com |
| Zip | 77,002 |