Fervo Energy Co (FRVO) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Share
Fervo Energy Co (FRVO) stock forecast summary
Our AI scores Fervo Energy Co every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Fervo Energy Co is a mid-cap company with a market capitalization of $2.66B. It ranks number 36 by market capitalization among the 49 Electric Services issuers in our coverage with a current forecast.
For FRVO, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -32.0%, measured on 34 forecast dates between 2026-06-23 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 26.0%, measured on 77 forecast dates between 2026-06-23 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, FRVO included.
FRVO price chart and AI forecast
How FRVO ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fervo Energy Co (FRVO) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Electric Services peers listed below that report each metric.
Valuation & Market
| Metric | FRVO | Rank |
|---|---|---|
| Market Cap | $2.66B | 36/49 |
| P/B Ratio | 0.95x | 31/36 |
| Book Value/Share | $9.48 | – |
Financial Health
| Metric | FRVO | Rank |
|---|---|---|
| Current Ratio | 8.62x | 5/46 |
| D/E Ratio | 0.20x | 38/43 |
| Financial Leverage | 1.27x | 37/42 |
| Interest Coverage | -12.8x | 33/37 |
| Working Capital | $1.90B | 3/46 |
Dividend & Shareholder Information
| Metric | FRVO | Rank |
|---|---|---|
| Shares Outstanding | 295M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $2.15B | 64.2% of assets |
| Cash & Short-term Investments | $2.11B | 62.8% of assets |
| Total Liabilities | $554M | 16.5% of assets |
FRVO quarterly financials and insider trading
Fervo Energy Co (FRVO) industry peers
Companies classified under the same SEC industry code as Fervo Energy Co (Electric Services): 52 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| FRVO Fervo Energy Co | $2.66B | |
| NEE Nextera Energy Inc | $181.08B | |
| SO Southern Co | $102.78B | |
| CEG Constellation Energy Corp | $88.56B | |
| AEP American Electric Power Co Inc | $67.73B | |
| D Dominion Energy, Inc | $58.58B | |
| ETR Entergy Corp /De/ | $49.37B | |
| VST Vistra Corp. | $41.89B | |
| FTS Fortis Inc. | $30.49B | |
| DTE Dte Energy Co | $28.06B | |
| FE Firstenergy Corp | $26.82B | |
| PPL Ppl Corp | $26.64B | |
| CNP Centerpoint Energy Inc | $26.54B | |
| ES Eversource Energy | $26.31B | |
| EIX Edison International | $22.84B | |
| BEP Brookfield Renewable Partners L.P. | $21.32B | |
| NRG Nrg Energy, Inc. | $18.56B | |
| EMA Emera Inc | $15.17B | |
| TLN Talen Energy Corp | $13.76B | |
| BEPC Brookfield Renewable Corp | $10.77B | |
| OGE Oge Energy Corp. | $10.20B | |
| ENLT Enlight Renewable Energy Ltd. | $9.03B | |
| IDA Idacorp Inc | $8.63B | |
| EAI Entergy Arkansas, Llc | $8.47B | |
| ELPC Energy Co Of Parana | $8.01B | |
| CWEN Clearway Energy, Inc. | $7.00B | |
| BKH Black Hills Corp /Sd/ | $6.47B | |
| TXNM Txnm Energy Inc | $6.34B | |
| ORA Ormat Technologies, Inc. | $5.72B | |
| POR Portland General Electric Co /Or/ | $5.47B | |
| CIG Energy Co Of Minas Gerais | $5.32B | |
| OKLO Oklo Inc. | $4.38B | |
| AQN Algonquin Power & Utilities Corp. | $4.24B | |
| TAC Transalta Corp | $3.86B | |
| OTTR Otter Tail Corp | $3.36B | |
| KEN Kenon Holdings Ltd. | $3.01B | |
| HE Hawaiian Electric Industries Inc | $1.45B | |
| XIFR Xplr Infrastructure, Lp | $687M | |
| NNE Nano Nuclear Energy Inc. | $597M | |
| HNRG Hallador Energy Co | $476M | |
| GFUZ General Fusion Group Ltd. | $327M | |
| ELLO Ellomay Capital Ltd. | $234M | |
| ONEN One Nuclear Energy Inc. | $179M | |
| AMFN American Fusion, Inc. | $118M | |
| FISN Deep Fission, Inc. | $109M | |
| HDRN Hadron Energy, Inc. | $48M | |
| WAVE Eco Wave Power Global Ab (Publ) | $27M | |
| BESS Bimergen Energy Corp | $19M | |
| OPTT Ocean Power Technologies, Inc. | $3M | |
| APSI Aqua Power Systems Inc. | N/A | |
| AXIAY Axia Energia S.A. | N/A | |
| CBMJ Conservative Broadcast Media & Publishing, Inc. | N/A |
Where FRVO sits on the market map
Fervo Energy Co (FRVO) stock news
Loading...
Fervo Energy Co (FRVO) stock forecast FAQ
What is the Fervo Energy Co (FRVO) stock forecast?
Our AI scores Fervo Energy Co every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Fervo Energy Co stock predictions?
For FRVO, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -32.0%, measured on 34 forecast dates between 2026-06-23 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 26.0%, measured on 77 forecast dates between 2026-06-23 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Fervo Energy Co forecasts updated?
Fervo Energy Co forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Fervo Energy Co's industry peers?
52 issuers in our coverage, FRVO included, share the SEC industry code Electric Services. The largest are: Nextera Energy Inc (NEE), Southern Co (SO), Constellation Energy Corp (CEG), American Electric Power Co Inc (AEP), Dominion Energy, Inc (D), Entergy Corp /De/ (ETR).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.