ERock (EROC)
Modular natural-gas power systems for bridge power, outage backup and grid dispatch.
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Sells modular natural-gas power systems with design and installation, then provides operations, maintenance and asset-management services. Customer-owned systems bridge delayed grid connections, provide outage backup and offer dispatchable capacity to utilities and power markets.
Designs, deploys and services modular onsite power systems built around quick-response natural-gas generators and embedded Granite software. RockBlock systems can supply bridge power before grid interconnection, maintain critical loads during outages, or dispatch capacity in response to utility and power-market signals. Sales combine equipment with fixed-price design, construction and commissioning, followed by operations, maintenance and asset-management contracts.
Works with data centers, utilities and commercial-and-industrial sites across U.S. power markets, with its largest operating footprints in California and Texas. The ERock Platform brings engineering, installation, commissioning, network operations, maintenance and market settlement together; telemetry supports monitoring, predictive diagnostics and remote dispatch. Deployment depends on pipeline gas, electrical interconnection, permits, tariff rules, component suppliers and the ramp-up of in-house assembly.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 2, 2026 | Guggenheim | Reiterate | Rating: —Target: $23 | Target: $20 |
| Aug 17, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $21 | Target: $23 |
| Jul 17, 2026 | B of A Securities | Upgrade | ||
| Jul 6, 2026 | Barclays | Initiate | Rating: —Target: — | Target: $23 |
| Jul 6, 2026 | Guggenheim | Initiate | Rating: —Target: — | Target: $23 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $626.6M · Total debt $29.8M · Total assets $978.0M · Shareholders' equity $49.2M
- Revenue
- $39.9M
- Operating income
- −$19.8M
- Net income
- −$67.7M
No dividends on record.
| Institutions | 71.23% | 34.32M shares | |
|---|---|---|---|
| 89 holders · as of Jun 30, 2026 | |||
| Other | 28.77% | 13.86M shares | |
| remainder | |||
48.17M company shares as of Aug 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count has not been confirmed by a second filing; stakes use it as it stands.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Price T Rowe Associates Inc /MD/Institution | 4.72% | 2.28M | as of Jun 30, 2026 |
Balyasny Asset Management L.P.Institution | 4.36% | 2.10M | as of Jun 30, 2026 |
Cinctive Capital Management LPInstitution | 4.04% | 1.95M | as of Jun 30, 2026 |
Encompass Capital Advisors LLCInstitution | 3.94% | 1.90M | as of Jun 30, 2026 |
Zimmer Partners, LPInstitution | 3.93% | 1.89M | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| ERock | $13.02 | −2.69% | $3.66B | — | 56.9 | — | — |
| Cummins | $521.89 | −2.41% | $73.79B | 27.3 | 15.7 | 2.1 | +9.4% |
| Caterpillar | $804.50 | −1.47% | $376.11B | 35.1 | 28.0 | 5.0 | +24.0% |
| INNIO | $19.26 | −5.12% | $15.23B | — | 30.1 | — | — |
| Generac | $206.54 | +0.77% | $12.07B | 47.2 | 20.0 | 2.7 | +10.6% |
| Bloom Energy | $276.94 | +1.48% | $80.37B | 361.1 | 75.8 | 25.8 | +165.5% |
| GE Vernova | $951.86 | +0.60% | $252.01B | 27.2 | 46.2 | 6.1 | +21.9% |
| Median | 35.1 | 29.0 | 5.0 | +21.9% |