Price
$20.16-26.29%Social Signal Score
Analyst Ratings
7 analystsRevenue
$113.0K+85.25%Analyst Estimates
Consensus estimates, not results. Via Financial Modeling Prep.
Company Profile
- CEO
- Timothy Latimer
- Sector
- Utilities
- Industry
- Renewable Utilities
- Employees
- 261
- Beta
- 1.54
- Country
- US
Financials
FRVO has only 2 quarterly periods on file — the charts below show the full history available.
Revenue
$113.0K+85.2%Net Income
$-59.53MEBITDA
$-28.40MFree Cash Flow
$-261.22MEPS (diluted)
$-0.20Shares Outstanding (diluted)
294.65M+3.9%Operating Expenses
$28.20MCash & Debt
$2.11BQuote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2025 | $138.0K | $-70.52M | $-0.25 |
Valuation
FRVOhas no positive reported earnings per share, so an earnings-multiple projection can't be built for it. Companies are valued on other measures at this stage — revenue growth, cash burn, or book value — none of which this calculator models.
Signal Score (90d)
50+0.00%Social Signal Score
Mentions (45)
- Newszacks.com·21h ago·Neutral
Fervo Energy Reaches Commercial Operation at Cape Station FRVO's first Cape Station GeoBlock reaches commercial operation, generating 33 MW and launching revenues under its power purchase agreement.
View source ↗ - News (RSS)techcrunch·4d ago·Neutral
World’s first enhanced geothermal power plant completed in just 23 months Fervo Energy completed its first power plant in less than two years. The next phases promise to connect to the grid even quicker.
View source ↗ - Newsglobenewswire.com·4d ago·Negative
Fervo Energy Company (FRVO) Faces Investor Scrutiny Amid Post-IPO Transmission Curtailment Revelation – HBSS SAN FRANCISCO, Oct. 01, 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 bel…
View source ↗ - Newsglobenewswire.com·5d ago·Positive
… Operation at Cape Station Ahead of Schedule, Leading the Race for Next-Generation Geothermal Energy HOUSTON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced that its first power plant at Cape Station in Beaver County, Utah, has reached commercial operation, making it the first greenfield enhanced geothermal development in the world to achieve contractual commercial operations. The landmark milestone marks a pi…
View source ↗ - Newszacks.com·6d ago·Neutral
Fervo Hits First Power as Cape Station Geothermal Build Scales Fervo Energy's Cape Station now has operating megawatts on the grid, with about 900 MW contracted and a much larger buildout still ahead.
View source ↗ - Newszacks.com·6d ago·Positive
FRVO Stock Hits Its Lowest Valuation: Is It Time to Buy? Fervo Energy's $11.9 billion in contracted revenue and $2.1 billion cash cushion meet a capital-heavy buildout as geothermal projects move toward operation.
View source ↗ - Newszacks.com·6d ago·Neutral
FRVO Stock Slides 16.4% in a Week: Is This an Opportunity? Cape Station's First Power and $11.9 billion in contracted revenue bolster Fervo Energy's growth story, while heavy spending and financing needs remain key risks.
View source ↗ - Newsmarketbeat.com·6d ago·Neutral
Fervo Energy Hits Geothermal Milestone: Will It Matter For The Stock? The newly public Fervo Energy Company NASDAQ: FRVO reached a major milestone in its ambitious geothermal energy project this week by syncing a plant to the grid and exporting energy for the first time. No other utility-scale geothermal project has ever achieved this goal.
View source ↗ - Newsprnewswire.com·6d ago·Negative
Fervo Energy Company (FRVO) Faces Investor Scrutiny Amid Post-IPO Transmission Curtailment Revelation - HBSS SAN FRANCISCO, Sept. 29, 2026 /PRNewswire/ -- 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.
View source ↗ - Newszacks.com·6d ago·Neutral
Fervo Energy Reaches First Power at Cape Station, Advancing EGS FRVO reaches First Power at Cape Station, advancing utility-scale geothermal and its goal of delivering reliable, carbon-free electricity.
View source ↗ - Newsfool.com·11d ago·Neutral
Why Fervo Energy Stock Is Up Today Fervo's enhanced geothermal energy systems could help to meet the U.S. economy's insatiable need for electricity. The carbon-free power source offers numerous benefits.
View source ↗ - Newsglobenewswire.com·12d ago·Neutral
Fervo Energy Achieves First Power at Cape Station, a Landmark Moment for the Future of Enhanced Geothermal Systems HOUSTON, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced that Cape Station, its flagship geothermal development in Beaver County, Utah, has achieved First Power, marking the first time a utility-scale enhanced geothermal development has reached this milestone anywhere in the world.
View source ↗ - Newsglobenewswire.com·12d ago·Negative
Fervo Energy Company (FRVO) Faces Investor Scrutiny Amid Post-IPO Transmission Curtailment Revelation – HBSS SAN FRANCISCO, Sept. 23, 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.
View source ↗ - Newsglobenewswire.com·14d ago·Neutral
…ort a targeted appraisal campaign and developing new technology for high-temperature EGS operations HOUSTON, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced it has received two U.S. Department of Energy awards totaling approximately $20 million to accelerate the development of Enhanced Geothermal Systems (EGS) in Idaho and Nevada and to expand next-generation geothermal across the western United States.
View source ↗ - News (RSS)zerohedge·15d ago·Positive
Big Oil Backs Mazama's $135 Million Bet On Superhot Geothermal Big Oil Backs Mazama's $135 Million Bet On Superhot Geothermal Mazama Energy announced $135 million in new capital with an oversubscribed Series B that included ConocoPhillips and Shell Ventures. With Devon Energy initially backing Fervo in 2023, a pattern is emerging with oil and gas veterans placing their bets in the geothermal industry. Some of the techniques developed by the O&G industry are translating well to geothermal project
View source ↗ - News (RSS)fool·20d ago·Positive
Is Fervo Energy a Buy Before Cape Station Comes Online? Fervo Energy has moved beyond the demo stage, but Cape Station will reveal whether faster drilling, firm power demand, and project financing can translate into scalable economics.
View source ↗ - News (RSS)fool·23d ago·Neutral
Google's Historic 396 MW Clean Energy Deal Just Changed the Game for 1 AI Power Play Recent IPO stock Fervo Energy is building on its partnership with Google with a massive power purchase agreement.
View source ↗ - Newscnbc.com·31d ago·Neutral
This enhanced geothermal project aims to unlock gigawatts of power to fuel the data center boom Fervo Energy's Cape Station project in Milford, Utah, is on pace to send power to the grid next month. This would make it the first enhanced geothermal system in the U.S. to reach commercial operation.
View source ↗ - Newsyoutube.com·31d ago·Neutral
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.
View source ↗ - News (RSS)seekingalpha·33d ago·Negative
Fervo Energy's Google Deal Might Be The Proof Bears Needed To See
View source ↗ - News (RSS)economictimes·34d ago·Positive
…rowth driver. The company is expanding its production footprint in Thailand, the United States and China to meet rising demand.Read more: AI data centre demand fuels Fervo Energy’s geothermal growth storyCooling Becomes CriticalPower infrastructure is only one part of the data centre supply chain. Cooling systems are becoming increasingly important as more powerful AI chips generate substantially more heat.Bank of America expects liquid cooling to account for 70% of new AI data centre installati…
View source ↗ - Newsseekingalpha.com·34d ago·Negative
…e 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 resourc…
View source ↗ - News (RSS)economictimes·34d ago·Neutral
AI data centre demand fuels Fervo Energy’s geothermal growth story Fervo Energy shares surged after the geothermal power developer signed a 396 MW power purchase agreement with Google for its Cape Station project in Utah. The deal, which could expand to nearly 1 GW, boosts Fervo's growth prospects as AI data centres drive demand for reliable clean power.
View source ↗ - News (RSS)yahoo·34d ago·Neutral
Fervo Energy (FRVO) Bags New Power Deal, Soars 28%; Hedge Fund Interest Climbs
View source ↗ - News (RSS)fool·34d ago·Positive
Stock Market Today, Sept. 1: Fervo Energy Surges 28% on 396-Megawatt Google Power Deal Today, Sept. 1, 2026, the geothermal developer signed a landmark commercial agreement that validates firm power demand and clears a path to Cape Station revenue.
View source ↗ - Newsfool.com·34d ago·Positive
Why Fervo Energy Stock Skyrocketed Today Google's data centers devour electricity. Fervo wants to help supply the AI giant with the energy it craves.
View source ↗ - News (RSS)fool·34d ago·Neutral
Google Just Locked Up the Largest Geothermal Power Deal Ever Made. Google is going big after geothermal power amid the AI data center boom, and Fervo is its first choice. Here's why.
View source ↗ - Newsfool.com·34d ago·Positive
Stock Market Today, Sept. 1: Fervo Energy Surges 28% on 396-Megawatt Google Power Deal Today, Sept. 1, 2026, the geothermal developer signed a landmark commercial agreement that validates firm power demand and clears a path to Cape Station revenue.
View source ↗ - News (RSS)yahoo·34d ago·Neutral
Fervo signs up to 3 GW Google geothermal framework: WSJ
View source ↗ - 4chan /biz/biz·34d ago·Neutral
FRVO
View source ↗ - News (RSS)channelnewsasia·34d ago·Neutral
Fervo signs 396-MW geothermal power supply deal with Google; shares jump
View source ↗ - News (RSS)zerohedge·34d ago·Neutral
…ware company to outperform, noting investor opportunity following severe weakness in the stock, which is down more than 70% off a peak hit in mid-2025. Fervo Energy (FRVO) jumps 13% on a Wall Street Journal report that the geothermal company has signed a deal to sell power to Alphabet’s Google. GoPro (GPRO) soars 76%, with the stock set to extend gains after rallying more than 46% Monday. Kroger (KR) slips 1% after Citi analyst Paul Lejuez cut his price target on the grocer to a Street-low $57 f…
View source ↗ - Newsprnewswire.com·34d ago·Negative
Fervo Energy Company (FRVO) Faces Investor Scrutiny Amid Post-IPO Transmission Curtailment Revelation - HBSS SAN FRANCISCO, Sept. 1, 2026 /PRNewswire/ -- 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.
View source ↗ - News (RSS)wsj·35d ago·Neutral
Fervo Secures Its Largest-Ever Geothermal Power Deal, With Google The company, which counts Bill Gates as an early backer, went public in a buzzy IPO in May.
View source ↗ - Newsbarrons.com·35d ago·Neutral
Fervo Energy Stock Soars as Bill Gates-Backed Company Scores Deal With Google Fervo Energy stock soars after The Wall Street Journal reports Bill Gates-backed geothermal energy Fervo has signed a major deal with Google.
View source ↗ - Newsglobenewswire.com·35d ago·Negative
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 bel…
View source ↗ - News (RSS)zerohedge·38d ago·Positive
…nfrastructure requires enormous quantities of uninterrupted power, giving geothermal developers a potential customer base willing to sign long-term supply contracts. Fervo Energy, which is developing a project near the Utah research site, already has a deal connected to Alphabet, although commercial output there is not expected until later this year. The Utah experiment is intended to answer whether the concept can work continuously outside a controlled demonstration. Researchers will watch how …
View source ↗ - News (RSS)fool·47d ago·Positive
Fervo Energy (FRVO) Q2 2026 Earnings Call Transcript CEO Latimer says Fervo may be the only way to get clean firm power before 2030.
View source ↗ - News (RSS)fool·52d ago·Negative
Why Shares of Fervo Energy Are Crashing This Week It's been a rocky week for this geothermal specialist.
View source ↗ - News (RSS)yahoo·53d ago·Neutral
Is Fervo Energy Company (FRVO) the Future of Baseload Power?
View source ↗ - News (RSS)seekingalpha·54d ago·Neutral
Fervo Energy Company 2026 Q2 - Results - Earnings Call Presentation
View source ↗ - Newsmarketbeat.com·54d ago·Neutral
Fervo Energy Q2 Earnings Call Highlights Fervo Energy NASDAQ: FRVO said it advanced 400 megawatts of capacity into advanced development during the second quarter, expanded its geothermal mineral-rights position to more than 650,000 acres and reiterated plans to begin initial generation at its Cape Station project in the fourth quarter of 2026.
View source ↗ - News (RSS)seekingalpha·54d ago·Neutral
Fervo Energy Company GAAP EPS of -$0.38 misses by $0.27, revenue of $0.11M beats by $0.07M
View source ↗ - Newsglobenewswire.com·55d ago·Neutral
Fervo Energy Reports Second Quarter 2026 Results HOUSTON, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Fervo Energy Company (“Fervo” or the “Company”) (NASDAQ: FRVO), the global pioneer of next-generation geothermal energy, today reported financial and operational results for the second quarter ended June 30, 2026. “Fervo continues to demonstrate the power of enhanced geothermal at scale,” said Tim Latimer, CEO and Co-founder of Fervo.
View source ↗ - News (RSS)seekingalpha·55d ago·Neutral
Fervo Energy Company Q2 2026 Earnings Preview
View source ↗
Earnings
Typical surprise -3566.1% (median, so one quarter with a near-zero estimate can't distort it)
- Wed, Aug 12$-0.38 vs $-0.07miss
- Mon, Jun 22$-3.72 vs $-0.05miss
Estimates and results for FRVO via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.
Insider trading
Open-market buys and sells by FRVO officers and directors.
No open-market trades in the recent filings. All 12 recent Form 4 entries were share awards, option exercises or tax withholding — pay, not decisions to buy or sell.
12 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.
Congress trades
No disclosed congressional trades in FRVO.
Self-reported filings, amounts as brackets. Via Senate/House disclosures.