WallStSmart
NPWR

NET Power Inc.

NYSE: NPWR · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY

$2.04
-2.63% today

Updated 2026-06-04

Market cap
$146.72M
P/E ratio
P/S ratio
19,773.98x
EPS (TTM)
$-5.91
Dividend yield
52W range
$1 – $5
Volume
0.8M

WallStSmart proprietary scores

37
out of 100
Grade: D
Sell
Investment rating
6.3
Growth
B
7.5
Quality
B+
3.0
Profitability
D
5.0
Valuation
C+
1/9
Piotroski F-Score
Weak
2.4
Altman Z-Score
Grey zone
Industry rank
View all highly rated stocks (75+) →202 stocks currently score above 75

Price targets

Analyst target
$3.13
+53.19%
12-Month target
Intrinsic (DCF)
Margin of safety
0 Strong Buy3 Buy1 Hold0 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths
+ Revenue growth 90.40% QoQ
+ Debt/equity 0.02x — low leverage
Risks
- Piotroski 1/9 — weak financial health
- Thin margins at 0.00%
- Negative free cash flow $-59.41M

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM
Revenue$580000.00$175000.00$250000.00$0.00$0.00
Net income$-54.78M$-77.23M$-49.19M$-578.53M$-9.86M
EPS$-5.91
Free cash flow$-16.75M$-60.65M$-101.50M$-154.00M$-59.41M
Profit margin-9,444.48%-44,132.57%-19,676.40%

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
NPWR$146.72M376.33.05.07.5Hold
SPCX$1.77T237.32.55.04.5Avoid
CAT$419.05B677.38.04.34.5Strong Buy
GE$331.96B594.08.03.75.0Buy
GEV$243.67B678.07.05.05.5Strong Buy
RTX$234.67B597.36.04.36.0Buy

Smart narrative

NET Power Inc. trades at $2.04. Our Smart Value Score of 37/100 indicates the stock is weak. The company scores 1/9 on the Piotroski F-Score. With an Altman Z-Score of 2.41, it sits in the grey zone.

Frequently asked questions

What is NET Power Inc.'s stock price?

NET Power Inc. (NPWR) trades at $2.04, on a P/S of 19,774.0x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.

Is NET Power Inc. overvalued?

NET Power Inc. carries a Smart Value Score of 37/100 (Grade D), which we rate Sell. That score blends growth, quality, and valuation into one read.

What is the price target of NET Power Inc. (NPWR)?

The 12-month analyst consensus target is $3.13, about 53.2% above the current $2.04. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

Altman Z-Score?

NET Power Inc.'s Altman Z-Score is 2.41, which places it in the grey zone. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.

Company info

SectorINDUSTRIALS
IndustrySPECIALTY INDUSTRIAL MACHINERY
CountryUSA
ExchangeNYSE
CurrencyUSD

Quick metrics

P/S ratio19,773.98x
ROE-114.50%
Beta1.04
50D MA$1.83
200D MA$2.44
Shares out0.09B
Float0.04B
Short ratio
Avg volume0.8M

Performance

1 week
1 month
3 months
YTD
1 year
3 years
5 years