Energy Vault Holdings, Inc. (NRGV) saw its stock price surge 10.99% in Monday's trading session, despite reporting third-quarter revenue that fell short of analyst expectations. The significant stock movement appears to be driven by the company's reaffirmed full-year guidance and recent strategic developments, outweighing the mixed Q3 results.

Energy Vault, a provider of energy storage solutions, reported Q3 2025 revenue of $33.32 million, representing a remarkable 27-fold increase year-over-year. However, this figure missed the consensus estimate of $49 million from two analysts. Despite the revenue shortfall, the company showed improvements in other areas, with its adjusted EBITDA loss narrowing by 59% to $6.0 million, driven by higher revenue and gross profit. The net loss for the quarter stood at $26.82 million.

Investors seem to be focusing on Energy Vault's positive outlook and strategic moves. The company reaffirmed its full-year 2025 guidance across all key metrics, estimating revenue between $200-250 million and a gross margin of 14-16%. Additionally, Energy Vault recently closed a $300 million preferred equity agreement for its Asset Vault business, potentially bolstering its financial position and growth prospects. The company also targets $75-100 million in total cash by the end of 2025, further solidifying its financial standing. These factors appear to be outweighing the Q3 revenue miss in the eyes of traders, leading to the significant stock price surge during Monday's trading session.