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Fervo Energy Co (FRVO)

Fervo Energy Co (FRVO) stock — the fundamentals (P/E, market cap, valuation) and every material event, decoded in plain English.

Oct 1, 2026Commercial COD achieved
Fervo Energy commercial operation arrives early, but scale-up is the real test
Sep 1, 2026396 MW PPA
Fervo Energy lands Google’s 396 MW PPA, but 2028 delivery remains ahead
Aug 12, 2026Miss
The IPO filled the coffers—but revenue is still nearly zero
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