Should I Buy NVX? NVX 2026 Analysis

Should You Buy NOVONIX Ltd (NVX) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

1.040

1 Day change

-7.14%

52 Week Range

3.860

Analysis Updated At

2026/01/26

NOVONIX Ltd (NVX) is not a strong buy for a beginner, long-term investor at this time. The technical indicators are bearish, options data shows limited bullish sentiment, and there are no significant positive catalysts or financial data to support an immediate investment. Given the lack of strong trading signals and the current negative price trend, it is better to hold off on buying this stock for now.

Technical Analysis

The technical indicators for NVX are bearish. The MACD is negatively expanding below zero, the RSI is neutral at 35.156, and moving averages show a bearish trend (SMA_200 > SMA_20 > SMA_5). Key support and resistance levels suggest a downward bias, with the stock trading near its S1 support level of 1.069.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Options data indicates a low put-call ratio, suggesting limited bearish sentiment, but the overall trading volume and implied volatility do not show strong bullish momentum.

Technical Summary

Sell

Buy

Positive Catalysts

No significant positive catalysts are present. There is no recent news, insider trading, hedge fund activity, or congress trading data to indicate a bullish outlook.

Neutral/Negative Catalysts

The stock's price has been declining, with a regular market change of -0.89% and a post-market change of -1.77%. Technical indicators are bearish, and there is no recent news or financial performance data to support a positive outlook.

Financial Performance

No financial data is available for the latest quarter, making it difficult to assess the company's growth trends.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No analyst rating or price target changes are available for NVX, leaving no clear guidance from Wall Street analysts.

Analyst Rating

Wall Street analysts forecast NVX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVX is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Buy