FRVO

Fervo Energy Company Class A common stock
NASDAQUTILITIESUTILITIES - RENEWABLE

Key Statistics

Market Cap
$5.35B
P/E Ratio
EPS
$-0.45
Beta
52W High
$42.65
52W Low
$14.60
50-Day MA
$22.66
200-Day MA
$27.84
Dividend Yield
Profit Margin
0.00%
Forward P/E
PEG Ratio

About Fervo Energy Company Class A common stock

Fervo Energy Company (Ticker: FRVO) is a leader in the geothermal energy sector, focused on delivering innovative renewable energy solutions through its proprietary technology that enhances geothermal production. By effectively tapping into valuable subsurface heat resources, Fervo plays a critical role in the transition to a low-carbon economy. The company strategically partners and aligns its projects to meet the increasing demand for sustainable energy, positioning itself as a key player in the evolving clean energy landscape. With a robust commitment to advancing geothermal technologies, Fervo is set to significantly influence the future of renewable energy.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)312,000
Gross Profit (TTM)-454,000
EBITDA$-76.75M
Operating Margin-25435.00%
Return on Equity-8.62%
Return on Assets-3.22%
Revenue/Share (TTM)$0.01
Book Value$9.48
Price-to-Book1.81
Price-to-Sales (TTM)17156.73
EV/Revenue10545.03
EV/EBITDA
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)0.00%
Shares Outstanding$286.98M
Float$183.84M
% Insiders21.99%
% Institutions58.89%

Historical Volatility

HV 10-Day
168.00%
HV 20-Day
138.71%
HV 30-Day
161.03%
HV 60-Day
131.36%
HV Rank

Volatility is currently expanding

Analyst Ratings

Consensus ($42.00 target)
4
Strong Buy
7
Buy
1
Hold

Latest News

Inside Fervo Energy's enhanced geothermal project in Utah

Fervo Energy CEO Tim Latimer joins CNBC's Pippa Stevens from their Cape Station site to discuss the company's big bet on enhanced geothermal energy, their new 400 MW deal with Google, their ambitious plans to bring down high upfront costs, and much more.

CNBC Television9/4/2026Positive
Fervo Energy's Google Deal Might Be The Proof Bears Needed To See

Fervo Energy secures a landmark 396 MW PPA with Google, validating enhanced geothermal as a viable baseload for hyperscaler data centers. FRVO's relationship with Google spans equity, pilot projects, and now a large commercial contract, signaling deep strategic alignment and de-risking early-stage execution. Transmission curtailment remains the key near-term constraint, with 2027 revenue guidance of $60–$80M well below prior expectations despite robust capital resources.

Seeking Alpha9/2/2026Positive
Fervo Energy and Google Sign 396 MW PPA

HOUSTON, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced a 396-megawatt (MW) power purchase agreement (PPA) with Google to enable the continued development of the Cape Station enhanced geothermal systems (EGS) GeoCluster, expected to come online in 2028.

GlobeNewsWire9/1/2026Neutral
Fervo Energy Company (FRVO) Faces Investor Scrutiny Amid Post-IPO Transmission Curtailment Revelation – HBSS

SAN FRANCISCO, Aug. 31, 2026 (GLOBE NEWSWIRE) -- During Fervo Energy Company's (NASDAQ: FRVO) August 12, 2026 Q2 2026 earnings call, the company revealed that it expected a temporary shutdown of certain transmission infrastructure it relies on to deliver electricity from its Cape Station project. This news drove the price of Fervo shares down over 16% that day to close at $20.16, well below the company's $27 IPO price in May 2026.

GlobeNewsWire9/1/2026Neutral
Fervo Energy (FRVO) Investor Alert: Johnson Fistel Begins Investigation Following Recent Company Disclosures

SAN DIEGO, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a shareholder rights law firm, is investigating potential federal securities law claims on behalf of investors in Fervo Energy Company (NASDAQ: FRVO). The inquiry follows Fervo's August 12, 2026 disclosures concerning potential transmission curtailments affecting its Cape Station project, the Company's expected 2027 revenue, and remaining commissioning activities. Investors who purchased Fervo securities and suffered losses may contact the firm at no cost to discuss their legal rights.

GlobeNewsWire8/13/2026Neutral

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Data last updated: 9/7/2026