Sunnova Energy International (NOVA) Stock Price, News & Analysis

$4.11
-0.31 (-7.01%)
(As of 04:28 PM ET)
Today's Range
$4.02
$4.36
50-Day Range
$3.53
$7.28
52-Week Range
$3.37
$24.56
Volume
5.47 million shs
Average Volume
9.28 million shs
Market Capitalization
$509.56 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.71

Sunnova Energy International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.76 Rating Score
Upside/​Downside
306.6% Upside
$16.71 Price Target
Short Interest
Bearish
37.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.55
Upright™ Environmental Score
News Sentiment
0.66mentions of Sunnova Energy International in the last 14 days
Based on 31 Articles This Week
Insider Trading
Acquiring Shares
$1.05 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($2.39) to ($1.93) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.32 out of 5 stars

Oils/Energy Sector

50th out of 240 stocks

Electric & Other Services Combined Industry

9th out of 18 stocks

NOVA stock logo

About Sunnova Energy International Stock (NYSE:NOVA)

Sunnova Energy International Inc. engages in the provision of energy as a service in the United States. The company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and solar energy system and energy storage system diagnostics services. As of December 31, 2023, it operated a fleet of residential solar energy systems with a generation capacity of approximately 2,292 megawatts serving over 419,000 customers. The company was incorporated in 2012 and is headquartered in Houston, Texas.

NOVA Stock Price History

NOVA Stock News Headlines

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A revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.
The Weight Loss Pill That Could Disrupt a $32 Billion Industry
A revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.
Truist Financial Keeps Their Hold Rating on Bloom Energy (BE)
What Wall Street expects from Sunnova Energy International's earnings
Truist Financial Reaffirms Their Hold Rating on SunPower (SPWR)
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/08/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
N/A
Fax
N/A
Employees
2,047
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.71
High Stock Price Target
$58.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+304.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.76
Research Coverage
25 Analysts

Profitability

Net Income
$-417,960,000.00
Pretax Margin
-73.17%

Debt

Sales & Book Value

Annual Sales
$720.65 million
Book Value
$16.04 per share

Miscellaneous

Free Float
118,403,000
Market Cap
$512.04 million
Optionable
Optionable
Beta
2.15
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Key Executives


NOVA Stock Analysis - Frequently Asked Questions

Should I buy or sell Sunnova Energy International stock right now?

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sunnova Energy International in the last twelve months. There are currently 7 hold ratings, 17 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NOVA shares.
View NOVA analyst ratings
or view top-rated stocks.

What is Sunnova Energy International's stock price target for 2024?

25 brokerages have issued 1-year price objectives for Sunnova Energy International's stock. Their NOVA share price targets range from $6.00 to $58.00. On average, they predict the company's share price to reach $16.71 in the next year. This suggests a possible upside of 306.6% from the stock's current price.
View analysts price targets for NOVA
or view top-rated stocks among Wall Street analysts.

How have NOVA shares performed in 2024?

Sunnova Energy International's stock was trading at $15.25 on January 1st, 2024. Since then, NOVA stock has decreased by 73.0% and is now trading at $4.11.
View the best growth stocks for 2024 here
.

When is Sunnova Energy International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our NOVA earnings forecast
.

How were Sunnova Energy International's earnings last quarter?

Sunnova Energy International Inc. (NYSE:NOVA) issued its quarterly earnings results on Wednesday, May, 1st. The company reported ($0.57) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.79) by $0.22. The company had revenue of $160.90 million for the quarter, compared to the consensus estimate of $193.78 million. Sunnova Energy International had a negative trailing twelve-month return on equity of 12.10% and a negative net margin of 56.52%. The firm's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.70) EPS.

What ETFs hold Sunnova Energy International's stock?
What is William J. (John) Berger's approval rating as Sunnova Energy International's CEO?

71 employees have rated Sunnova Energy International Chief Executive Officer William J. (John) Berger on Glassdoor.com. William J. (John) Berger has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Sunnova Energy International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunnova Energy International investors own include BioTelemetry (BEAT), DexCom (DXCM), Exact Sciences (EXAS), Inogen (INGN), Insulet (PODD), Splunk (SPLK), Tandem Diabetes Care (TNDM), Veeva Systems (VEEV), Axcelis Technologies (ACLS) and Albertsons Companies (ACI).

When did Sunnova Energy International IPO?

Sunnova Energy International (NOVA) raised $301 million in an initial public offering (IPO) on Thursday, July 25th 2019. The company issued 17,700,000 shares at $16.00-$18.00 per share. BofA Merrill Lynch, J.P. Morgan, Goldman Sachs and Credit Suisse served as the underwriters for the IPO and KeyBanc Capital Markets, Baird and Roth Capital Partners were co-managers.

Who are Sunnova Energy International's major shareholders?

Sunnova Energy International's stock is owned by a variety of retail and institutional investors. Top institutional investors include Guinness Asset Management LTD (1.08%), Simplex Trading LLC (0.00%), Raymond James Financial Services Advisors Inc. (0.27%), Kayne Anderson Capital Advisors LP (0.24%), IMC Chicago LLC (0.00%) and GSA Capital Partners LLP (0.09%). Insiders that own company stock include Akbar Mohamed, Arthur Dubose, Chris Hayden, Ecp Controlco, Llc, Jack O Lynch III, Kelsey Hultberg, Kris W Hillstrand, Meghan Nutting, Michael C Morgan, Michael P Grasso, Paul S Mathews and William J Berger.
View institutional ownership trends
.

How do I buy shares of Sunnova Energy International?

Shares of NOVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NOVA) was last updated on 5/8/2024 by MarketBeat.com Staff

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