Energy Vault Holdings is trading 11.31% up now at $4.05 after its August 11, 2026 earnings release and raised full-year outlook.

  • Second-quarter revenue reached $17.4 million, up 104% year over year, while backlog grew 107% to approximately $2 billion.
  • Management increased 2026 revenue guidance to $270–$310 million and lifted GAAP gross-margin guidance to 20%–25%.
  • Its 1.25-gigawatt AI data-center contract, valued at $500–$600 million, further strengthens growth expectations, supporting the bullish reaction.