Fervo Energy IPO
Fervo Energy IPO
GOOGL
$363.26
Updated 3:31:33 PM
Previous Close
$368.53
Change
$-5.27
About This Event
Geothermal energy developer Fervo Energy begins trading on Nasdaq under ticker FRVO. The company is offering ~55.6M Class A shares at $21–$24/share, targeting a raise of ~$1.3B and a valuation of ~$7B. Fervo uses enhanced geothermal systems (EGS) with horizontal drilling techniques and has a data center power partnership with Google.
Why This Event Matters
IPO-related milestones can matter for liquidity, lockup schedules, and visibility into newly public companies. Traders often monitor the calendar for pricing, trading dynamics, and volatility around the new listing window. This entry is dated May 13, 2026 (America/New_York).
Source summary: Geothermal energy developer Fervo Energy begins trading on Nasdaq under ticker FRVO. The company is offering ~55.6M Class A shares at $21–$24/share, targeting a raise of ~$1.3B and a valuation of ~$7B. Fervo uses enhanced geothermal systems (EGS) with horizontal drilling techniques and has a data center power partnership with Google.
This listing is associated with GOOGL, FRVO. Market participants may watch these names around the event window for volatility or news flow.
Event Details
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Frequently Asked Questions
- What is Fervo Energy IPO?
- It is a stock market catalyst entry on Catacal—an event or release investors and traders may monitor. Details are summarized from the cited source and may be updated over time.
- When is Fervo Energy IPO?
- The calendar shows May 13, 2026 (America/New_York). Verify the exact time and any changes using the source link when planning around the event.
- Why does Fervo Energy IPO matter for investors?
- Liquidity and tradable float dynamics can matter for volatility and positioning around new listings and lockup changes.
- Which stocks or sectors could be affected?
- Symbols linked to this listing include GOOGL, FRVO; other names in the same industry group may also move with related news.
- How is this event categorized?
- Catacal groups this entry under "IPO" for navigation. Categories help you find comparable catalysts and build a week-by-week watchlist.
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