Fervo Energy's upsized IPO priced at $27 per share above the marketed $25–$26 range, raising $1.89 billion, with shares exploding 35% to close at $36.54 on May 13 Nasdaq debut under ticker FRVO—yielding a market cap over $10 billion on roughly 294 million shares outstanding. This trader consensus stems from explosive demand for the company's enhanced geothermal systems (EGS), which adapt oil and gas drilling for scalable baseload renewables amid AI data centers' voracious power needs, backed by investors like Bill Gates. The offering closes May 14, but strong volume and momentum support the $10B+ positioning; realistic challenges include intraday volatility, profit-taking, or delays in project scaling that could pressure shares below the threshold.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten. Dies ist keine Handelsberatung und spielt keine Rolle bei der Auflösung dieses Marktes. · AktualisiertFervo Energy IPO Closing Market Cap
Fervo Energy IPO Closing Market Cap
$10.0B+ 100.0%
<$5.5B <1%
$5.5B–$7.0B <1%
$7.0B–$8.5B <1%
$57,736 Vol.
$57,736 Vol.
13. Mai 2026
<$5.5B
No
$5.5B–$7.0B
No
$7.0B–$8.5B
No
$8.5B–$10.0B
No
$10.0B+
Yes
No IPO before July 2026
No
$10.0B+ 100.0%
<$5.5B <1%
$5.5B–$7.0B <1%
$7.0B–$8.5B <1%
$57,736 Vol.
$57,736 Vol.
13. Mai 2026
<$5.5B
$2,335 Vol.
No
$5.5B–$7.0B
$6,978 Vol.
No
$7.0B–$8.5B
$17,979 Vol.
No
$8.5B–$10.0B
$7,916 Vol.
No
$10.0B+
$8,822 Vol.
Yes
No IPO before July 2026
$13,705 Vol.
No
This market will resolve based on Fervo Energy's market capitalization at the closing price on its first day of trading.
As of market creation, the IPO is scheduled to price on May 13 (ET). If no such IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO before July".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.Fervo Energy's upsized IPO priced at $27 per share above the marketed $25–$26 range, raising $1.89 billion, with shares exploding 35% to close at $36.54 on May 13 Nasdaq debut under ticker FRVO—yielding a market cap over $10 billion on roughly 294 million shares outstanding. This trader consensus stems from explosive demand for the company's enhanced geothermal systems (EGS), which adapt oil and gas drilling for scalable baseload renewables amid AI data centers' voracious power needs, backed by investors like Bill Gates. The offering closes May 14, but strong volume and momentum support the $10B+ positioning; realistic challenges include intraday volatility, profit-taking, or delays in project scaling that could pressure shares below the threshold.
This market will resolve based on Fervo Energy's market capitalization at the closing price on its first day of trading.
As of market creation, the IPO is scheduled to price on May 13 (ET). If no such IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO before July".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
As of market creation, the IPO is scheduled to price on May 13 (ET). If no such IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO before July".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
Markt eröffnet: May 10, 2026, 4:57 PM ET
Volumen
$57,736Enddatum
13. Mai 2026Markt eröffnet
May 10, 2026, 4:57 PM ETResolver
0x69c47De9D...Vorgeschlagenes Ergebnis: No
Kein Einspruch
Endgültiges Ergebnis: No
This market will resolve based on Fervo Energy's market capitalization at the closing price on its first day of trading.
As of market creation, the IPO is scheduled to price on May 13 (ET). If no such IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO before July".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.Fervo Energy's upsized IPO priced at $27 per share above the marketed $25–$26 range, raising $1.89 billion, with shares exploding 35% to close at $36.54 on May 13 Nasdaq debut under ticker FRVO—yielding a market cap over $10 billion on roughly 294 million shares outstanding. This trader consensus stems from explosive demand for the company's enhanced geothermal systems (EGS), which adapt oil and gas drilling for scalable baseload renewables amid AI data centers' voracious power needs, backed by investors like Bill Gates. The offering closes May 14, but strong volume and momentum support the $10B+ positioning; realistic challenges include intraday volatility, profit-taking, or delays in project scaling that could pressure shares below the threshold.
This market will resolve based on Fervo Energy's market capitalization at the closing price on its first day of trading.
As of market creation, the IPO is scheduled to price on May 13 (ET). If no such IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO before July".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
As of market creation, the IPO is scheduled to price on May 13 (ET). If no such IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO before July".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.
The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
Volumen
$57,736Enddatum
13. Mai 2026Markt eröffnet
May 10, 2026, 4:57 PM ETResolver
0x69c47De9D...Vorgeschlagenes Ergebnis: No
Kein Einspruch
Endgültiges Ergebnis: No
Fervo Energy's upsized IPO priced at $27 per share above the marketed $25–$26 range, raising $1.89 billion, with shares exploding 35% to close at $36.54 on May 13 Nasdaq debut under ticker FRVO—yielding a market cap over $10 billion on roughly 294 million shares outstanding. This trader consensus stems from explosive demand for the company's enhanced geothermal systems (EGS), which adapt oil and gas drilling for scalable baseload renewables amid AI data centers' voracious power needs, backed by investors like Bill Gates. The offering closes May 14, but strong volume and momentum support the $10B+ positioning; realistic challenges include intraday volatility, profit-taking, or delays in project scaling that could pressure shares below the threshold.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten. Dies ist keine Handelsberatung und spielt keine Rolle bei der Auflösung dieses Marktes. · Aktualisiert
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Vorsicht bei externen Links.
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