Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Valuation
- About
NET Power Inc.(NPWR)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NPWR
09/15/2026: NPWR (1-star) has a low Upturn Star Rating. Not recommended to BUY.
NET Power Inc. is a clean energy technology firm that licenses a proprietary oxy-fuel combustion process designed to produce low-emissions electricity. Its core strength lies in its ability to offer firm, carbon-neutral baseload power, a key requirement for modernizing the energy grid. The primary growth story centers on the scaling of this technology to meet the immense energy demands of AI data centers. However, the company faces execution risk as it moves from demonstration plants to utility-scale operations. It is best suited for growth-oriented investors who are willing to accept high volatility in exchange for potential exposure to a novel decarbonization solution.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers high growth potential in the energy transition space but remains in an early stage of commercialization. |
| Momentum investor | Mixed fit | Momentum is highly dependent on technical milestones and partnership news, which may cause significant price swings. |
| Value investor | Weak fit | The lack of established profitability makes it unsuitable for traditional value-based valuation models. |
| Dividend investor | Weak fit | No dividend is paid or expected in the near term as the firm prioritizes R&D and scaling. |
| Low-risk investor | Weak fit | High inherent risk due to the unproven nature of commercial-scale operations and capital intensity. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Speculative nature of pre-revenue technology often leads to significant price fluctuations. |
| Valuation risk | High | Hard to justify valuations based on current earnings when commercial success is still in the future. |
| Competition risk (Traditional Gas Power) | Medium / high | Established players have massive resources to improve traditional carbon capture methods. |
| Business quality | Medium | Business model relies on long-term adoption of a proprietary, albeit innovative, technology. |
| Dividend income | Low / none | No income generation is expected for investors at this stage. |
| Execution risk | High | Scaling complex energy technology to utility-level performance is notoriously difficult. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -20.31% | Avg. Invested days 28 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 159.27M USD | Price to earnings Ratio - | 1Y Target Price 2.85 |
Price to earnings Ratio - | 1Y Target Price 2.85 | ||
Volume (30-day avg) 905.4K shares | Beta 1.1 | 52 Weeks Range 1.35 - 5.20 | Updated Date 09/15/2026 |
52 Weeks Range 1.35 - 5.20 | Updated Date 09/15/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -6.47 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Licensing & Engineering | Licensing fees for Allam-Fetvedt Cycle technology and engineering support fees. | The company aims to earn money primarily by selling access to its technology to plant builders. |
Valuation
Trailing PE - | Forward PE - | Enterprise Value -145.80M | Price to Sales(TTM) 19773.98 |
Enterprise Value -145.80M | Price to Sales(TTM) 19773.98 | ||
Enterprise Value to Revenue 4450.26 | Enterprise Value to EBITDA -13.21 | Shares Outstanding 88.48M | Shares Floating 46.25M |
Shares Outstanding 88.48M | Shares Floating 46.25M | ||
Percent Insiders 47.44 | Percent Institutions 44.45 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About NET Power Inc.
Exchange NYSE | Headquarters Durham, NC, United States | ||
IPO Launch date 2021-08-06 | CEO & Director Mr. Daniel Joseph Rice IV | ||
Sector Industrials | Industry Specialty Industrial Machinery | Full time employees 54 | Website https://www.netpower.com |
Full time employees 54 | Website https://www.netpower.com | ||
NET Power Inc. operates as an energy technology company in the United States. Its technology includes oxy-combustion cycle, a power generation system designed to produce electricity from natural gas while capturing atmospheric emissions. The company was founded in 2010 and is headquartered in Durham, North Carolina.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.