Sunnova Energy International - NOVA Stock Forecast, Price & News

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sunnova Energy International in the last twelve months. There are currently 3 hold ratings, 18 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NOVA shares.
View NOVA analyst ratings or view top-rated stocks.

22 equities research analysts have issued 12 month price targets for Sunnova Energy International's shares. Their NOVA share price forecasts range from $23.00 to $60.00. On average, they expect the company's stock price to reach $35.50 in the next year. This suggests a possible upside of 162.4% 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 at the beginning of the year. Since then, NOVA stock has decreased by 24.9% and is now trading at $13.53.
View the best growth stocks for 2023 here.

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

Sunnova Energy International Inc. (NYSE:NOVA) issued its quarterly earnings results on Wednesday, February, 22nd. The company reported ($0.40) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.42) by $0.02. The firm earned $195.59 million during the quarter, compared to analyst estimates of $145.09 million. Sunnova Energy International had a negative net margin of 27.53% and a negative trailing twelve-month return on equity of 11.07%.

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

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 a price of $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.

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

Sunnova Energy International's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (4.63%), Electron Capital Partners LLC (2.94%), Clal Insurance Enterprises Holdings Ltd (2.60%), Dimensional Fund Advisors LP (2.02%), CIBC Private Wealth Group LLC (1.72%) and Geode Capital Management LLC (1.61%). Insiders that own company stock include Akbar Mohamed, Anne S Andrew, 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 $13.53.

Sunnova Energy International (NYSE:NOVA) has a market capitalization of $1.56 billion and generates $557.69 million in revenue each year. The company earns $-161,640,000.00 in net income (profit) each year or ($1.34) 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.