Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate NOVONIX Limited before investing.

In this article, we go over a few key elements for understanding NOVONIX Limited’s stock price such as:

• NOVONIX Limited’s current stock price and volume
• Why NOVONIX Limited’s stock price changed recently
• Upgrades and downgrades for NVX from analysts
• NVX’s stock price momentum as measured by its relative strength

About NOVONIX Limited (NVX)

Before we jump into NOVONIX Limited’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

NOVONIX Limited, a battery technology and materials company, provides products and mission critical services in North America, Asia, Australia, and Europe. It operates through Battery Materials, Battery Technology, and Graphite Exploration segments. The company develops and manufactures battery anode materials and battery cell testing equipment; performs consulting services; and carries out research and development in battery development. It also manages, maintenance, and develops Mount Dromedary natural graphite deposit located in Northern Queensland, Australia. In addition, the company is involved in investment and management, and real estate borrowing activities, as well as battery technology activities. It serves battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.

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NOVONIX Limited’s Stock Price as of Market Close

As of August 21, 2026, 4:00 PM, CST, NOVONIX Limited’s stock price was $0.405.

NOVONIX Limited is up 2.79% from its previous closing price of $0.394.

During the last market session, NOVONIX Limited’s stock traded between $0.390 and $0.410. Currently, there are approximately 735.31 million shares outstanding for NOVONIX Limited.

NOVONIX Limited’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

NOVONIX Limited Stock Price History

NOVONIX Limited’s (NVX) price is currently up 2.02% so far this month.

During the month of August, NOVONIX Limited’s stock price has reached a high of $0.470 and a low of $0.380.

Over the last year, NOVONIX Limited has hit prices as high as $3.860 and as low as $0.369. Year to date, NOVONIX Limited’s stock is down 59.9%.

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What Caused NOVONIX Limited Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 21, 2026, there were analysts who downgraded NOVONIX Limited’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate NOVONIX Limited’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on NOVONIX Limited’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

NOVONIX Limited’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about NOVONIX Limited (NVX) by visiting AAII Stock Evaluator.

Relative Price Strength of NOVONIX Limited

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 21, 2026, NOVONIX Limited has a weighted four-quarter relative price strength of -28.70%, which translates to a Momentum Score of 7 and is considered to be Very Weak.

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NOVONIX Limited Stock Price: Bottom Line

As of August 21, 2026, NOVONIX Limited’s stock price is $0.405, which is up 2.79% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like NOVONIX Limited stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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