Fervo Energy Co made a public disclosure
SEC 8-KRead source ↗
Fervo Energy Co is a US-listed company in the renewable electricity industry. Its financial year ends in December.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Funds177 adding, 0 cuttingOf 53 active managers that changed their stake, 53 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Results well short of expectations: Reported earnings per share missed the analysts' consensus estimate by 470% in the quarter to 2026-06-30.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Latest results
- Earnings per share
- -$0.38 against an average estimate of -$0.07: missed by 470.0%
- Share reaction
- -15.9% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500
- Next report
- November 9, 2026; average EPS estimate -$0.07
Price chart
- 1 day-0.4%
- 1 week+3.5%
- 1 month-42.9%
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Third-party market data · may be delayed
At a glance
Earnings
- Last results
- August 12, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Announcement
- Announcement
Fervo Energy Co disclosed a material event
SEC 8-KRead source ↗ - Results
Fervo Energy Co reported results; made a public disclosure
SEC 8-KRead source ↗
No model value for Fervo Energy Co at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
Valuation models
We value Fervo Energy Co as an utility or power producer, with every model that fits that kind of business. Cost of equity 7.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.48 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Utility earnings model Net income growing 3% a year, discounted at 8%: for regulated investment that makes free cash flow negative. | — | Does not apply: net income is not positive |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (utility earnings model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Fervo Energy Co with utilities and power producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Next results: November 9, 2026, before the open. Analysts expect revenue of $150000 and EPS of −$0.07 (range −$0.12 to −$0.03) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | −$0.44 | — | $6m | — |
| Next | −$0.32 | +28% | $72m | +1106% |
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is +128.4% on 90 days ago. In the last 30 days, 1 analyst raised Fervo Energy Co's forecast and 1 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | −$0.19 | −$0.19 |
| 60 days ago | −$0.29 | −$0.27 |
| 30 days ago | −$0.39 | −$0.27 |
| 7 days ago | −$0.39 | −$0.28 |
| Now | −$0.44 | −$0.32 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | −$0.07 | −$0.38 | −470.0% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- — of tradable shares
- Days to cover
- 2.84 at average volume
- Short interest, 1 month
- +33% to October 15, 2026
- Held by institutions
- 60% of shares
- Held by insiders
- 22.9% of shares
- Employees
- 261 full time
Share-price performance
Market data may be delayedPrice behaviour
- 52-week range
- Not enough history
- From 52-week high
- —
- vs 50-day average
- −39.7%
- vs 200-day average
- —
- Volatility (1 year)
- —
- Beta vs S&P 500
- —
Share price after results
- Next day
- 0 up, 2 down typical move ±11.0%
- After a week
- 0 up, 2 down typical move ±17.9%
- After a month
- 0 up, 2 down typical move ±28.0%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 12, 2026 | −15.9% | +0.9% | −26.2% | −35.5% |
| June 22, 2026 | −6.1% | −1.8% | −9.5% | −20.5% |
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $4.4B
- Institutions reporting
- 182
- Positions opened / closed
- 177 / 0
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Devon Energy Corp | $1B | 35.7M | 23.5% | — |
| Jpmorgan Chase & Co | $240M | 7.6M | 5.4% | — |
| Canada Pension Plan Investment Board | $213M | 7.3M | 4.8% | — |
| Capital Research Global Investors | $176M | 6.0M | 4.0% | — |
| Blackrock, Inc. | $132M | 4.5M | 3.0% | — |
| Wellington Management Group LLP | $130M | 4.4M | 2.9% | — |
| T. Rowe Price Investment Management, Inc. | $117M | 4.0M | 2.6% | — |
| Liberty Mutual Group Asset Management Inc. | $113M | 3.9M | 2.6% | — |
| UBS Group AG | $107M | 3.7M | 2.4% | — |
| Norges Bank | $93.5M | 3.2M | 2.1% | — |
| Victory Capital Management Inc | $90.2M | 3.1M | 2.0% | — |
| Vanguard Capital Management LLC | $90.1M | 3.1M | 2.0% | — |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Fervo Energy Co's complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chart Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
- August 12, 2026
- June 22, 2026
Recent SEC filings
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Fervo Energy Co in brief
- What does Fervo Energy Co do?
- Fervo Energy Co is a US-listed company in the renewable electricity industry. Its financial year ends in December.
- What is Fervo Energy Co's stock ticker?
- Fervo Energy Co trades under the ticker FRVO on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Fervo Energy Co's largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Devon Energy Corp, Jpmorgan Chase & Co and Canada Pension Plan Investment Board. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- When is Fervo Energy Co's next earnings date?
- Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Fervo Energy Co announces its own schedule.
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