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NET Power Inc. (NPWR)

Industrials | Specialty Industrial Machinery | Durham, United States | NYSE
1.45 USD -0.11 (-7.051%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:58 a.m. EDT

The investment case here is fundamentally broken. Despite a 'strong buy' analyst recommendation and a pristine balance sheet with negligible debt, the company is bleeding cash aggressively, reporting negative free cash flow and negative operating cash flow while posting widening losses. The price has collapsed nearly 66% over the last three years, driven by a brutal streak of consecutive annual declines. This is not a value trap; it is a distressed asset where the market has correctly priced out the business model's failure to generate revenue or cash. The massive options positioning at distant strikes ($5-$7.50) is a lottery ticket play on a miraculous turnaround, not a rational investment thesis. With no dividend to provide income and fundamentals deteriorating rapidly, this security warrants avoidance.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.084583
AutoARIMA0.090309
MSTL0.090897
AutoETS0.091058

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 40%
H-stat 0.03
Ljung-Box p 0.000
Jarque-Bera p 0.072
Excess Kurtosis 0.29
Attribute Value
Sector Industrials
Debt to Equity Ratio 0.685
Market Cap 128,156,512
Forward P/E -5.91
Beta 1.06
Website https://www.netpower.com

As of July 11, 2026, 6:58 a.m. EDT: Options activity reveals a distinct 'long gamma' setup with massive open interest in out-of-the-money calls at strikes like $5.00 and $7.50, suggesting a speculative bet on a massive, unlikely recovery. Conversely, put writing is concentrated at lower strikes ($1.50-$2.00), creating a floor that limits downside but offers little protection against further collapse. The lack of significant volume in deep OTM puts indicates the market is pricing in a binary event rather than a steady decline.


Info Dump

Attribute Value
52 Week Change -0.5063291
Address1 320 Roney Street
Address2 Suite 200
All Time High 17.62
All Time Low 1.455
Ask 1.53
Ask Size 5,500
Audit Risk 7
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 778,360
Average Daily Volume3 Month 833,109
Average Volume 833,109
Average Volume10Days 778,360
Beta 1.062
Bid 1.41
Bid Size 1,400
Board Risk 3
Book Value 2.332
City Durham
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.45
Current Ratio 23.823
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 1.57
Day Low 1.45
Debt To Equity 0.685
Display Name NET Power
Earnings Call Timestamp End 1,778,589,000
Earnings Call Timestamp Start 1,778,589,000
Earnings Timestamp 1,778,529,600
Earnings Timestamp End 1,786,392,000
Earnings Timestamp Start 1,786,392,000
Ebitda -245,272,000
Ebitda Margins 0.0
Enterprise To Ebitda -0.555
Enterprise Value 136,245,504
Eps Current Year -0.28996
Eps Forward -0.24522
Eps Trailing Twelve Months -5.91
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.8588
Fifty Day Average Change -0.4088
Fifty Day Average Change Percent -0.21992683
Fifty Two Week Change Percent -50.63291
Fifty Two Week High 5.2
Fifty Two Week High Change -3.7499998
Fifty Two Week High Change Percent -0.72115386
Fifty Two Week Low 1.45
Fifty Two Week Low Change 0.0
Fifty Two Week Low Change Percent 0.0
Fifty Two Week Range 1.45 - 5.2
Financial Currency USD
First Trade Date Milliseconds 1,628,256,600,000
Float Shares 46,154,021
Forward Eps -0.24522
Forward P E -5.913058
Free Cashflow -107,981,752
Full Exchange Name NYSE
Full Time Employees 54
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.0
Gross Profits -68,893,000
Has Pre Post Market Data 1
Held Percent Insiders 0.49999002
Held Percent Institutions 0.40853
Implied Shares Outstanding 88,383,801
Industry Specialty Industrial Machinery
Industry Disp Specialty Industrial Machinery
Industry Key specialty-industrial-machinery
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary NET Power Inc. operates as an energy technology company in the United States. Its technology includes oxy-combustion cycle, a power generation system designed to produce electricity from natural gas while capturing atmospheric emissions. The company was founded in 2010 and is headquartered in Durham, North Carolina.
Long Name NET Power Inc.
Market us_market
Market Cap 128,156,512
Market State PRE
Max Age 86,400
Message Board Id finmb_208444566
Most Recent Quarter 1,774,915,200
Net Income To Common -469,135,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 128,156,511
Number Of Analyst Opinions 4
Open 1.57
Operating Cashflow -151,512,992
Operating Margins 0.0
Overall Risk 7
Payout Ratio 0.0
Phone 919 287 4750
Pre Market Change 0.07999992
Pre Market Change Percent 5.5172358
Pre Market Price 1.53
Pre Market Time 1,784,027,826
Previous Close 1.56
Price Eps Current Year -5.00069
Price Hint 4
Price To Book 0.6217839
Profit Margins 0.0
Quick Ratio 23.655
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change -0.11
Regular Market Change Percent -7.05128
Regular Market Day High 1.57
Regular Market Day Low 1.45
Regular Market Day Range 1.45 - 1.57
Regular Market Open 1.57
Regular Market Previous Close 1.56
Regular Market Price 1.45
Regular Market Time 1,783,972,802
Regular Market Volume 646,429
Return On Assets -0.13387
Return On Equity -1.14458
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 6
Shares Outstanding 88,383,801
Shares Percent Shares Out 0.0251
Shares Short 2,218,873
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,305,374
Short Name NET Power Inc.
Short Percent Of Float 0.040999997
Short Ratio 2.61
Source Interval 15
State NC
Symbol NPWR
Target High Price 4.0
Target Low Price 2.5
Target Mean Price 3.125
Target Median Price 3.0
Total Cash 308,012,992
Total Cash Per Share 3.485
Total Debt 3,550,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -5.91
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.35985
Two Hundred Day Average Change -0.9098499
Two Hundred Day Average Change Percent -0.38555413
Type Disp Equity
Volume 646,429
Website https://www.netpower.com
Zip 27,701