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

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunnova Energy International in the last twelve months. There are currently 3 hold ratings, 19 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" NOVA shares.
View NOVA analyst ratings or view top-rated stocks.

23 analysts have issued twelve-month price objectives for Sunnova Energy International's stock. Their NOVA share price forecasts range from $17.00 to $60.00. On average, they anticipate the company's share price to reach $34.95 in the next year. This suggests a possible upside of 95.2% from the stock's current price.
View analysts price targets for NOVA or view top-rated stocks among Wall Street analysts.

Sunnova Energy International's stock was trading at $18.01 on January 1st, 2023. Since then, NOVA shares have decreased by 0.6% and is now trading at $17.91.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our NOVA earnings forecast.

Sunnova Energy International Inc. (NYSE:NOVA) announced its earnings results on Wednesday, April, 26th. The company reported ($0.70) earnings per share for the quarter, missing analysts' consensus estimates of ($0.58) by $0.12. The firm earned $161.70 million during the quarter, compared to the consensus estimate of $159.54 million. Sunnova Energy International had a negative trailing twelve-month return on equity of 13.47% and a negative net margin of 30.75%. The business's revenue for the quarter was up 146.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.30) EPS.

ETFs with the largest weight of Sunnova Energy International (NYSE:NOVA) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), Subversive Decarbonization ETF (DKRB), Invesco Solar ETF (TAN), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT), SPDR S&P Kensho Clean Power ETF (CNRG), Invesco WilderHill Clean Energy ETF (PBW), ALPS Clean Energy ETF (ACES) and Fidelity Clean Energy ETF (FRNW).

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.

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).

(NOVA) raised $301 million in an initial public offering 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 acted as the underwriters for the IPO and KeyBanc Capital Markets, Baird and Roth Capital Partners were co-managers.

Sunnova Energy International trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOVA."

Sunnova Energy International's stock is owned by many different institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (4.88%), Pictet Asset Management SA (2.92%), Dimensional Fund Advisors LP (2.79%), CIBC Private Wealth Group LLC (2.78%), Clal Insurance Enterprises Holdings Ltd (2.69%) and Two Sigma Investments LP (0.00%). Insiders that own company stock include Akbar Mohamed, Arthur Dubose, C Park Shaper, Chris Hayden, Ecp Controlco, Llc, Kelsey Hultberg, Kris W Hillstrand, Meghan Nutting, Michael C Morgan, Michael P Grasso, Newlight Partners Lp, Robert Lawrence Lane, Salvo John T Santo, Stuart D Allen, Walter A Baker and William J Berger.
View institutional ownership trends.

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

One share of NOVA stock can currently be purchased for approximately $17.91.

Sunnova Energy International (NYSE:NOVA) has a market capitalization of $2.08 billion and generates $557.69 million in revenue each year. The company earns $-161,640,000.00 in net income (profit) each year or ($1.74) on an earnings per share basis.

The company employs 1,173 workers across the globe.

Sunnova Energy International's mailing address is 20 EAST GREENWAY PLAZA SUITE 540, HOUSTON TX, 77046. The official website for the company is www.sunnova.com. The company can be reached via phone at (281) 892-1588 or via email at ir@sunnova.com.