Fintel reviews that on May 24, 2023, Chardan Capital maintained protection of Nuvve Holding (NASDAQ:NVVE) with a Buy suggestion.
Analyst Price Forecast Suggests 415.15% Upside
As of May 11, 2023, the common one-year price target for Nuvve Holding is 2.55. The forecasts vary from a low of two.52 to a excessive of $2.62. The common value goal represents a rise of 415.15% from its newest reported closing value of 0.50.
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The projected annual income for Nuvve Holding is 30MM, a rise of 512.73%. The projected annual non-GAAP EPS is -0.83.
What is the Fund Sentiment?
There are 48 funds or institutions reporting positions in Nuvve Holding. This is a lower of 13 proprietor(s) or 21.31% within the final quarter. Average portfolio weight of all funds devoted to NVVE is 0.00%, a lower of 82.85%. Total shares owned by establishments decreased within the final three months by 5.55% to 2,922K shares. The put/call ratio of NVVE is 0.05, indicating a bullish outlook.
What are Other Shareholders Doing?
Goldman Sachs Group holds 729K shares representing 2.69% possession of the corporate. In it is prior submitting, the agency reported proudly owning 739K shares, representing a lower of 1.33%. The agency decreased its portfolio allocation in NVVE by 1.67% over the past quarter.
Yaupon Capital Management holds 480K shares representing 1.77% possession of the corporate. In it is prior submitting, the agency reported proudly owning 635K shares, representing a lower of 32.39%. The agency decreased its portfolio allocation in NVVE by 39.56% over the past quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 234K shares representing 0.86% possession of the corporate. No change within the final quarter.
VEXMX – Vanguard Extended Market Index Fund Investor Shares holds 178K shares representing 0.66% possession of the corporate. In it is prior submitting, the agency reported proudly owning 178K shares, representing a rise of 0.17%. The agency decreased its portfolio allocation in NVVE by 53.80% over the past quarter.
Geode Capital Management holds 139K shares representing 0.51% possession of the corporate. No change within the final quarter.
Nuvve Holding Background Information
(This description is supplied by the corporate.)
Nuvve is accelerating the electrification of transportation by means of its proprietary vehicle-to-grid (V2G) know-how. Its mission is to decrease the price of electrical automobile possession whereas supporting the combination of renewable power sources, together with photo voltaic and wind. Nuvve’s Grid Integrated Vehicle, GIVe™, platform is refueling the following technology of electrical automobile fleets by means of clever, bidirectional charging options. Since its founding in 2010, Nuvve has launched profitable V2G initiatives on 5 continents and is deploying industrial companies worldwide by creating partnerships with utilities, automakers, and electrical automobile fleets
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This story initially appeared on Fintel.
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