Shares of Energy Vault Holdings, Inc. (NRGV), a leading provider of energy storage solutions, soared an impressive 22.76% during Tuesday's trading session. This remarkable surge follows a strong pre-market performance and builds upon the previous day's gains, as investors continue to show enthusiasm for the company's growth potential and recent strategic moves.

The substantial stock price increase comes in the wake of Energy Vault's recent third-quarter earnings report, which, despite missing revenue expectations, showcased significant year-over-year growth. The company reported Q3 2025 revenue of $33.32 million, representing a staggering 27-fold increase compared to the same period last year. While this figure fell short of analyst projections, Energy Vault's reaffirmation of its full-year 2025 guidance has seemingly overshadowed any concerns. The company maintains its revenue forecast of $200-250 million and a gross margin of 14-16% for the year, instilling confidence in its ability to meet long-term growth targets.

Adding to the positive sentiment, Energy Vault recently closed a $300 million preferred equity agreement for its Asset Vault business, a move that is expected to strengthen its financial position and fuel future growth. Furthermore, the company's goal of having $75-100 million in total cash by the end of 2025 has resonated well with investors. These strategic developments, coupled with the narrowing of its adjusted EBITDA loss by 59% to $6.0 million, appear to be driving the strong bullish momentum in NRGV's stock. As the energy storage market continues to expand, investors seem increasingly optimistic about Energy Vault's position and potential in this growing sector.