Sidoti Weighs in on NeoVolta’s Q1 Earnings (NASDAQ:NEOV)

NeoVolta, Inc. (NASDAQ:NEOV) – Stock analysts at Sidoti lowered their Q1 2027 earnings per share (EPS) estimates for shares of NeoVolta in a research note issued to investors on Wednesday, April 22nd. Sidoti analyst S. Ferazani now forecasts that the company will post earnings per share of ($0.17) for the quarter, down from their previous estimate of ($0.15). The consensus estimate for NeoVolta’s current full-year earnings is ($0.53) per share. Sidoti also issued estimates for NeoVolta’s Q2 2027 earnings at ($0.15) EPS, Q4 2027 earnings at ($0.02) EPS, FY2027 earnings at ($0.43) EPS, Q1 2028 earnings at $0.01 EPS, Q2 2028 earnings at $0.03 EPS and FY2028 earnings at $0.16 EPS.

NeoVolta (NASDAQ:NEOV) last issued its quarterly earnings results on Friday, February 13th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.12). NeoVolta had a negative net margin of 54.71% and a negative return on equity of 284.92%. The firm had revenue of $4.65 million for the quarter, compared to analyst estimates of $4.40 million.

Several other equities analysts have also recently issued reports on NEOV. Weiss Ratings reiterated a “sell (e+)” rating on shares of NeoVolta in a research report on Thursday, January 22nd. Wall Street Zen cut NeoVolta from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 21st. Finally, Zacks Research upgraded NeoVolta to a “hold” rating in a research report on Tuesday. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

NeoVolta Stock Down 0.7%

Shares of NEOV stock opened at $2.78 on Friday. NeoVolta has a 1 year low of $2.34 and a 1 year high of $7.13. The stock has a market cap of $118.74 million, a PE ratio of -9.59 and a beta of -0.66. The business’s fifty day moving average is $3.39 and its 200-day moving average is $3.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.60 and a current ratio of 2.10.

Hedge Funds Weigh In On NeoVolta

A number of hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC grew its holdings in shares of NeoVolta by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 329,747 shares of the company’s stock worth $1,003,000 after acquiring an additional 9,385 shares during the last quarter. State Street Corp grew its holdings in shares of NeoVolta by 8.5% in the 4th quarter. State Street Corp now owns 135,964 shares of the company’s stock worth $413,000 after acquiring an additional 10,700 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of NeoVolta in the 3rd quarter worth $48,000. Millennium Management LLC acquired a new position in shares of NeoVolta in the 3rd quarter worth $53,000. Finally, Bank of America Corp DE grew its holdings in shares of NeoVolta by 4,929.4% in the 3rd quarter. Bank of America Corp DE now owns 14,736 shares of the company’s stock worth $66,000 after acquiring an additional 14,443 shares during the last quarter. 5.11% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting NeoVolta

Here are the key news stories impacting NeoVolta this week:

• Positive Sentiment: Sidoti raised multi‑quarter and multi‑year forecasts for later periods, lifting FY2028 EPS to $0.16 (from $0.02) and FY2029 to $0.55, and increasing several Q1/Q2/Q3 2028 quarter estimates — this signals improving longer‑term profitability expectations. MarketBeat NEOV Sidoti Notes
• Positive Sentiment: Zacks Research upgraded NEOV to a “hold”, which may reduce immediate selling pressure from some retail/quant strategies and indicates a neutral view vs. prior stance. Zacks Upgrade
• Neutral Sentiment: Reported short‑interest data for April is inconsistent/zeroed out (0 shares reported; days‑to‑cover 0.0). The print is likely a data glitch and not meaningful trading information today — but ambiguous short interest can add short‑term volatility if corrected.
• Neutral Sentiment: Multiple Sidoti notes contain offsetting revisions: while some 2028 estimates were raised, Sidoti trimmed FY2027 and several 2027 quarter estimates (Q1/Q2 2027) modestly — the mixed revisions increase near‑term earnings uncertainty. Sidoti Coverage Summary
• Negative Sentiment: NeoVolta’s last reported quarter (Feb 13) missed EPS expectations (reported -$0.16 vs. -$0.04 consensus) and the company still shows negative margins and ROE — that recent earnings miss and weak fundamentals continue to weigh on sentiment. Earnings/Financials

About NeoVolta

NeoVolta, Inc is a clean-energy technology company that designs, manufactures and markets integrated battery storage systems for residential and light-commercial applications. Headquartered in San Jose, California, the company develops hardware and software solutions aimed at enhancing the value of rooftop solar installations, providing backup power and enabling homeowners to optimize time-of-use rate plans. NeoVolta’s modular approach to energy storage allows customers to scale capacity to match their changing needs.

The company’s flagship product family combines lithium-ion battery modules, a hybrid inverter and an energy management platform under a single enclosure.