NOVONIX Limited (NVX)Industrials | Electrical Equipment & Parts | Brisbane, Australia | NasdaqGM
0.45 USD
-0.02
(-4.110%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 6:12 a.m. EDT
The investment case for Novonix is currently broken by a catastrophic multi-year decline. The stock has lost over 82% of its value since 2022, with three consecutive years of negative annual returns, signaling a structural deterioration in market confidence regarding the business's execution or the sector's outlook. Fundamentally, the company is bleeding cash with negative operating margins, negative free cash flow, and a return on equity of nearly -62%. While the balance sheet shows a book value above the current price, the negative earnings and cash burn suggest the market is pricing in a potential value trap or a company struggling to scale its graphite operations. The recent news of commercial-grade delivery offers a glimmer of operational progress, but it is insufficient to reverse the severe capital destruction seen over the last three years. With no dividend to provide income and a statistical forecast leaning slightly negative, the risk-reward profile remains unfavorable until there is sustained proof of profitability and revenue growth. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.152544 |
| AutoARIMA | 0.200009 |
| AutoETS | 0.202435 |
| MSTL | 0.208319 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 16.99 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.089 |
| Excess Kurtosis | -1.35 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 62.062 |
| Revenue per Share | 0.032 |
| Market Cap | 112,199,168 |
| Forward P/E | -1.97 |
| Beta | 0.93 |
| Website | https://www.novonixgroup.com |
As of July 11, 2026, 6:12 a.m. EDT: Options activity is dominated by deep out-of-the-money strikes, with significant open interest concentrated at $2.50 and $5.00 levels. This positioning suggests speculative bets on a massive recovery or a specific catalyst event rather than a belief in immediate near-term price appreciation. The absence of any in-the-money open interest indicates no current holders are hedging their existing positions, while the heavy put volume at lower strikes reflects a floor-based insurance strategy against further downside.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.6433071 |
| Address1 | C/- McCullough Robertson |
| Address2 | Level 11, Central Plaza Two 66 Eagle Street |
| All Time High | 24.0 |
| All Time Low | 0.424 |
| Ask | 0.5917 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 304,500 |
| Average Daily Volume3 Month | 342,580 |
| Average Volume | 342,580 |
| Average Volume10Days | 304,500 |
| Beta | 0.93 |
| Bid | 0.3352 |
| Bid Size | 2 |
| Book Value | 0.768 |
| City | Brisbane |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Australia |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.4526 |
| Current Ratio | 1.067 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 0.487 |
| Day Low | 0.4501 |
| Debt To Equity | 62.062 |
| Display Name | NOVONIX |
| Earnings Timestamp End | 1,756,123,200 |
| Earnings Timestamp Start | 1,755,687,540 |
| Ebitda | -48,316,460 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -2.391 |
| Enterprise To Revenue | 20.567 |
| Enterprise Value | 115,525,168 |
| Eps Forward | -0.23 |
| Eps Trailing Twelve Months | -0.37 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 61 7 3229 9949 |
| Fifty Day Average | 0.60194 |
| Fifty Day Average Change | -0.14933997 |
| Fifty Day Average Change Percent | -0.24809778 |
| Fifty Two Week Change Percent | -64.33071 |
| Fifty Two Week High | 3.86 |
| Fifty Two Week High Change | -3.4074 |
| Fifty Two Week High Change Percent | -0.8827461 |
| Fifty Two Week Low | 0.424 |
| Fifty Two Week Low Change | 0.028600007 |
| Fifty Two Week Low Change Percent | 0.06745285 |
| Fifty Two Week Range | 0.424 - 3.86 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,643,812,200,000 |
| Float Shares | 178,725,701 |
| Forward Eps | -0.23 |
| Forward P E | -1.967826 |
| Free Cashflow | -84,516,512 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 192 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.55486 |
| Gross Profits | 3,116,696 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.01929 |
| Implied Shares Outstanding | 247,899,186 |
| Industry | Electrical Equipment & Parts |
| Industry Disp | Electrical Equipment & Parts |
| Industry Key | electrical-equipment-parts |
| Ipo Expected Date | 2,022-02-01 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | NOVONIX Limited, a battery technology and materials company, provides products and mission critical services in North America, Asia, Australia, and Europe. It operates through Battery Materials, Battery Technology, and Graphite Exploration segments. The company develops and manufactures battery anode materials and battery cell testing equipment; performs consulting services; and carries out research and development in battery development. It also manages, maintenance, and develops Mount Dromedary natural graphite deposit located in Northern Queensland, Australia. In addition, the company is involved in investment and management, and real estate borrowing activities, as well as battery technology activities. It serves battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia. |
| Long Name | NOVONIX Limited |
| Market | us_market |
| Market Cap | 112,199,168 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_315063827 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | -92,725,184 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 109,361,231 |
| Number Of Analyst Opinions | 1 |
| Open | 0.487 |
| Operating Cashflow | -42,199,800 |
| Operating Margins | -9.20613 |
| Payout Ratio | 0.0 |
| Phone | 61 4 3931 0818 |
| Pre Market Change | 0.015300006 |
| Pre Market Change Percent | 3.3655972 |
| Pre Market Price | 0.4699 |
| Pre Market Time | 1,784,030,376 |
| Previous Close | 0.472 |
| Price Hint | 4 |
| Price To Book | 0.5893229 |
| Price To Sales Trailing12 Months | 19.974504 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.981 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0194 |
| Regular Market Change Percent | -4.1101694 |
| Regular Market Day High | 0.487 |
| Regular Market Day Low | 0.4501 |
| Regular Market Day Range | 0.4501 - 0.487 |
| Regular Market Open | 0.487 |
| Regular Market Previous Close | 0.472 |
| Regular Market Price | 0.4526 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 265,040 |
| Return On Assets | -0.12823 |
| Return On Equity | -0.61969 |
| Revenue Growth | -0.101 |
| Revenue Per Share | 0.032 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Shares Outstanding | 247,899,186 |
| Shares Percent Shares Out | 0.019199999 |
| Shares Short | 4,140,089 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 4,023,073 |
| Short Name | NOVONIX Limited - American Depo |
| Short Percent Of Float | 0.0194 |
| Short Ratio | 9.43 |
| Source Interval | 15 |
| State | QLD |
| Symbol | NVX |
| Target High Price | 3.0 |
| Target Low Price | 3.0 |
| Target Mean Price | 3.0 |
| Target Median Price | 3.0 |
| Total Cash | 79,866,000 |
| Total Cash Per Share | 0.38 |
| Total Debt | 100,336,816 |
| Total Revenue | 5,617,119 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.37 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.0076 |
| Two Hundred Day Average Change | -0.55499995 |
| Two Hundred Day Average Change Percent | -0.5508138 |
| Type Disp | Equity |
| Volume | 265,040 |
| Website | https://www.novonixgroup.com |
| Zip | 4,000 |