GEVO +26.62% ^GSPC +1.31% NVDA -4.70% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Outpacing the 1.3% rise in the S&P 500, shares of Gevo (NASDAQ:GEVO) soared today following the company's reporting of third-quarter 2026 financial results after the market closed yesterday. Between that and an analyst taking a more auspicious stance on the specialty chemicals stock, bulls had plenty of fodder to feast upon.
Gevo shares closed at $1.82 today, up 30.9% from Tuesday's close of $1.39.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Posting Q3 2026 sales of $83 million, Gevo exceeded analysts' expectations of $54.5 million. The company's Q3 2026 sales, driven by the strength of its carbon business, represented a new high-water mark. At the bottom of the income statement, Gevo provided another surprise, reporting adjusted earnings per share (EPS) of $0.12 -- better than the $0.02 analysts had anticipated.
In Q3 2026, Gevo also reported company records for adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) and cash from operations: $44 million and $41 million, respectively.
Heralding the company's strong performance, Gevo's chief executive officer Paul Boom stated: "We said we would build a carbon business that stands on its own in 2026. These results show it's working."
Gevo also raised its 2026 adjusted EBITDA forecast to $90 million from $60 million.
In addition to developing technology to produce various renewable products, including motor fuels and chemicals, Gevo owns and operates an ethanol plant with an adjacent carbon capture and storage facility.
Trading at 1.5 times trailing sales, Gevo stock is available at a discount to its five-year average P/S ratio of 8.3. Prospective investors should recognize, however, that the company doesn't have a long track record of generating profits, so the stock is best suited for those comfortable with more aggressive investment. Conservative investors, on the other hand, have plenty of other options for chemical stocks.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Gevo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $341,157!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,037,753!*
Now, it's worth noting Stock Advisor's total average return is 834% — a market-crushing outperformance compared to 207% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of November 11, 2026.
Scott Levine has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Why Gevo Stock Rocketed Higher Today was originally published by The Motley Fool
