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NET Power Inc. (NPWR)

Industrials | Specialty Industrial Machinery | Durham, United States | NYSE
1.83 USD -0.06 (-3.175%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 1.83

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:34 a.m. EDT

The investment case for NET Power is currently broken by a severe deterioration in business fundamentals. The company is burning through cash, with operating and free cash flows deeply negative, while returning negative equity to shareholders. This financial distress is reflected in the stock's brutal multi-year performance, which has erased nearly three-quarters of its value over the last four years. Although the stock trades at a low price-to-book ratio, this is a classic value trap; the market has correctly priced in the inability of the business to generate returns or sustain operations without capital injections. The recent insider selling by major shareholders confirms a lack of confidence among those closest to the business. While the options chain shows some speculative interest in a distant rebound to $5, the immediate outlook remains perilous with no visible path to profitability. Investors should avoid this security until there is concrete evidence of a turnaround in cash generation and operational efficiency.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.240346
AutoARIMA0.240348
MSTL0.245909
AutoTheta0.353517

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 41%
H-stat 3.54
Ljung-Box p 0.000
Jarque-Bera p 0.419
Excess Kurtosis 0.47
Attribute Value
Sector Industrials
Debt to Equity Ratio 1.056
Market Cap 161,919,648
Forward P/E -8.05
Beta 1.07
Website https://www.netpower.com

As of Aug. 22, 2026, 5:34 a.m. EDT: Options activity reveals a distinct 'put wall' at the $2.00 strike for January 2027 expiration, with significant open interest (157 contracts) and volume (10 contracts), suggesting a strong speculative floor or hedge against further downside. Conversely, call activity is heavily skewed toward out-of-the-money strikes ($5.00 and $7.50) with massive open interest relative to volume, indicating a 'lottery ticket' mentality where traders are betting on a massive recovery to $5+, while ignoring the immediate risk of remaining below current levels. Implied volatility is elevated on the put side compared to calls, reflecting fear of continued decline rather than anticipation of a near-term rally.


Info Dump

Attribute Value
52 Week Change -0.23109245
Address1 320 Roney Street
Address2 Suite 200
All Time High 17.62
All Time Low 1.35
Ask 2.01
Ask Size 3,200
Audit Risk 7
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 1,188,300
Average Daily Volume3 Month 849,484
Average Volume 849,484
Average Volume10Days 1,188,300
Beta 1.073
Bid 1.81
Bid Size 3,300
Board Risk 3
Book Value 0.944
City Durham
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.83
Current Ratio 17.801
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 1.95
Day Low 1.8
Debt To Equity 1.056
Display Name NET Power
Earnings Call Timestamp End 1,786,710,600
Earnings Call Timestamp Start 1,786,710,600
Earnings Timestamp 1,786,651,200
Earnings Timestamp End 1,794,513,600
Earnings Timestamp Start 1,794,513,600
Ebitda -175,326,000
Ebitda Margins 0.0
Enterprise To Ebitda -0.491
Enterprise Value 86,123,648
Eps Current Year -0.19292
Eps Forward -0.22743
Eps Trailing Twelve Months -6.26
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.6232
Fifty Day Average Change 0.20679998
Fifty Day Average Change Percent 0.12740265
Fifty Two Week Change Percent -23.109245
Fifty Two Week High 5.2
Fifty Two Week High Change -3.37
Fifty Two Week High Change Percent -0.64807695
Fifty Two Week Low 1.35
Fifty Two Week Low Change 0.48000002
Fifty Two Week Low Change Percent 0.35555556
Fifty Two Week Range 1.35 - 5.2
Financial Currency USD
First Trade Date Milliseconds 1,628,256,600,000
Float Shares 46,250,622
Forward Eps -0.22743
Forward P E -8.0464325
Free Cashflow -108,595,504
Full Exchange Name NYSE
Full Time Employees 54
Fullday Change -0.0599999
Fullday Change Percent -3.1746
Fullday Price 1.83
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.0
Gross Profits -42,822,000
Has Pre Post Market Data 1
Held Percent Insiders 0.47724
Held Percent Institutions 0.4445
Implied Shares Outstanding 88,480,681
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 161,919,648
Market State CLOSED
Max Age 86,400
Message Board Id finmb_208444566
Most Recent Quarter 1,782,777,600
Net Income To Common -521,284,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 167,228,487
Number Of Analyst Opinions 4
Open 1.89
Operating Cashflow -136,548,992
Operating Margins 0.0
Overall Risk 7
Payout Ratio 0.0
Phone 919 287 4750
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 1.83
Post Market Time 1,787,959,806
Previous Close 1.89
Price Eps Current Year -9.485798
Price Hint 4
Price To Book 1.9385594
Profit Margins 0.0
Quick Ratio 17.592
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change -0.0599999
Regular Market Change Percent -3.1746
Regular Market Day High 1.95
Regular Market Day Low 1.8
Regular Market Day Range 1.8 - 1.95
Regular Market Open 1.89
Regular Market Previous Close 1.89
Regular Market Price 1.83
Regular Market Time 1,787,947,202
Regular Market Volume 541,156
Return On Assets -0.10646
Return On Equity -1.41981
Sand P52 Week Change 0.20204377
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 6
Shares Outstanding 88,480,681
Shares Percent Shares Out 0.0336
Shares Short 2,973,284
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 2,937,200
Short Name NET Power Inc.
Short Percent Of Float 0.054899998
Short Ratio 3.86
Source Interval 15
State NC
Symbol NPWR
Target High Price 4.0
Target Low Price 2.5
Target Mean Price 3.0
Target Median Price 2.75
Total Cash 308,369,984
Total Cash Per Share 3.485
Total Debt 3,304,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -6.26
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.00785
Two Hundred Day Average Change -0.17784989
Two Hundred Day Average Change Percent -0.08857728
Type Disp Equity
Volume 541,156
Website https://www.netpower.com
Zip 27,701