Sign in

    Alec Scheibelhoffer • Stifel Financial Corp.

    Alec Scheibelhoffer is a Research Associate at Stifel, Nicolaus & Co., Inc., where he specializes in equity research and has held this position since 2021. He participates in sector coverage which includes companies such as Civeo Corp, supporting senior analysts with research, analysis, and client communications. Scheibelhoffer began his career after earning an undergraduate degree and has since developed expertise in financial modeling and company analysis within the investment banking sector. He holds FINRA registration as a broker with Stifel and maintains the necessary securities licenses to operate in the industry.

    Alec Scheibelhoffer's questions to Energy Vault Holdings Inc (NRGV) leadership

    Alec Scheibelhoffer's questions to Energy Vault Holdings Inc (NRGV) leadership • Q3 2024

    Question

    Alec Scheibelhoffer asked for more specific benchmarks for Q4 2024 revenue to meet the annual guidance and inquired about the timing of pending projects. He also sought clarity on the expected quarterly progression of the own-and-operate strategy in 2025 and the potential for projects to shift into 2026.

    Answer

    Robert Piconi, Chairman and CEO, responded that the company is tightening its 2024 guidance to the mid-to-lower end of the range, expressing high confidence in hitting the lower end based on current shipment visibility. For 2025, he outlined that the own-and-operate strategy aims to build an annualized EBITDA run rate of $50 million to $100 million over the next 12-24 months from long-term agreements, which will be supplemented by revenue from gravity license royalties and other innovative projects.

    Ask Fintool Equity Research AI