Stocks · Industrials · Industrial - Machinery
NET Power Inc. NPWR
$1.39 -2.11% Close, Oct 2, 2026 · NYSE · Market cap $122.9M
Weak trendExpensive vs sectorHigh risk
Next earnings report: Nov 12, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count rose 13.8% in a year.
- The stock is 71% below its highest close of the past year.
- Over the past year the stock returned -54.4%, behind the S&P 500 by 69.5 percentage points.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 1%
- Revenue growth accelerationBottom 33%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 1%
- Accruals (lower is better)Top 1%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 1%
- Free-cash-flow yieldBottom 1%
- EBITDA / enterprise valueBottom 1%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 10%
- 6-month returnBottom 30%
- 1-year return vs S&P 500Bottom 7%
- Distance from 52-week highBottom 6%
- Trend checklist (0–4)Bottom 15%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 4%
- Consecutive EPS beatsBottom 16%
- Upside to consensus price targetTop 14%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 13%
- Maximum drawdown, 3 yearsBottom 5%
- Beta vs S&P 500 (lower is better)Bottom 13%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -100.0% | -100.0% | → |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -100.0% | -100.0% | → | Bottom 1% |
| Return on invested capital | -116.1% | — | Bottom 1% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -113.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +50.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- Net cash
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -0.28%
- Shareholder yield
- -0.28%
- Share count change, 1 year
- +13.8%
- Share count change, 3-year CAGR
- +9.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 13, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- +0.3%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $2.75
- Target vs current price
- +97.8%
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 13, 2026 | -1157.1% | -0.6% | +2.5% | +11.7% | — |
| May 11, 2026 | -69.3% | +2.0% | +6.5% | -17.5% | -24.0% |
| Mar 9, 2026 | -117.2% | -0.5% | -12.3% | -21.0% | +7.2% |
| Nov 13, 2025 | +3850.8% | -10.1% | -22.9% | -16.8% | -38.1% |
| Aug 11, 2025 | -208.1% | +7.1% | -11.5% | -21.9% | +45.4% |
| May 12, 2025 | -1309.1% | +11.1% | -11.1% | +37.9% | +41.6% |
| Mar 10, 2025 | -253.8% | -31.5% | -53.1% | -69.0% | -60.2% |
| Nov 12, 2024 | +108.3% | +24.6% | +36.4% | +15.7% | -8.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 13, 2026 | -$0.91 | -$0.07 | -1157.1% | — |
| May 11, 2026 | -$0.12 | -$0.07 | -69.3% | — |
| Mar 9, 2026 | -$0.20 | -$0.09 | -117.2% | — |
| Nov 13, 2025 | $5.84 | -$0.16 | +3850.8% | — |
| Aug 11, 2025 | -$0.36 | -$0.12 | -208.1% | — |
| May 12, 2025 | -$1.55 | -$0.11 | -1309.1% | — |
| Mar 10, 2025 | -$0.46 | -$0.13 | -253.8% | $250,000 |
| Nov 12, 2024 | $0.01 | -$0.12 | +108.3% | $12,000 |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| Free-cash-flow yield | -135.13% | — | — | Bottom 1% |
| Earnings yield | -470.50% | — | — | Bottom 1% |
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +3.1%
- 200-day average slope (20 days)
- -5.0%
- Distance from 50-day average
- -17.1%
- Distance from 200-day average
- -26.2%
- RSI (14)
- 30.0
- Relative volume
- 1.00×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 78.4%
- Volatility vs own 5-year history
- 74th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.99
- Correlation with S&P 500
- 0.32
- Current drawdown from 1-year high
- -71.3%
- Maximum drawdown, 3 years
- -91.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Sep 15, 2023 | Jul 29, 2026 | -91.8% | 718 days | Not yet recovered |
| Jun 12, 2023 | Jul 27, 2023 | -27.4% | 31 days | 35 days (Sep 15, 2023) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $122.9M
- EPS, diluted (TTM)
- -$6.54
- Revenue (TTM)
- $0
- 52-week range
- $1.35 – $5.20
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.1M | $580,000 | $175,000 | $250,000 | $0 |
| Gross profit | $1.3M | $305,000 | -$932,000 | -$1.7M | -$62.4M |
| Operating income | -$37.7M | -$50.0M | -$227.7M | -$181.3M | -$279.5M |
| Net income | -$38.3M | -$54.8M | -$77.2M | -$49.2M | -$578.5M |
| EPS (diluted) | -$10.77 | -$14.79 | -$1.87 | -$0.67 | -$7.34 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | $818,000 | -$34.3M | -$119.3M | -$28.1M | -$411.5M | -$19.5M | -$9.9M | -$80.3M |
| EPS (diluted) | $0.01 | -$0.45 | -$1.55 | -$0.36 | -$5.28 | -$0.23 | -$0.12 | -$0.91 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$1.3M | -$16.6M | -$49.0M | -$31.6M | -$120.8M |
| Capital expenditure | -$2 | -$115,000 | -$11.6M | -$69.9M | -$33.2M |
| Free cash flow | -$1.3M | -$16.7M | -$60.6M | -$101.5M | -$154.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $349.1M | $30.0M | $347.3M | $19,000 | $141,000 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $308.4M
- Total assets
- $338.3M
- Total liabilities
- $254.8M
- Total debt
- $3.3M
- Net debt
- -$114.6M
- Shareholders’ equity
- $83.5M
As of Jun 30, 2026 (filed Aug 13, 2026).
Short interest
- Shares sold short
- 3,093,290
- Days to cover
- 4.69
- Change vs previous report
- -2.0%
FINRA short interest, settlement date Sep 15, 2026.