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

$3.91
-0.01 (-0.26%)
(As of 11:46 AM ET)
Today's Range
$3.77
$4.12
50-Day Range
$3.78
$11.91
52-Week Range
$3.52
$24.56
Volume
2.37 million shs
Average Volume
9.08 million shs
Market Capitalization
$484.21 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.48

Sunnova Energy International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.74 Rating Score
Upside/​Downside
372.6% Upside
$18.48 Price Target
Short Interest
Bearish
37.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.55
Upright™ Environmental Score
News Sentiment
0.41mentions of Sunnova Energy International in the last 14 days
Based on 23 Articles This Week
Insider Trading
Acquiring Shares
$1.05 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($2.28) to ($1.79) 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.

4.25 out of 5 stars

Oils/Energy Sector

52nd out of 234 stocks

Electric & Other Services Combined Industry

7th 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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Company Calendar

Last Earnings
2/21/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/01/2024
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
$18.48
High Stock Price Target
$58.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+370.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.74
Research Coverage
23 Analysts

Profitability

Net Income
$-417,960,000.00
Pretax Margin
-69.86%

Debt

Sales & Book Value

Annual Sales
$720.65 million
Book Value
$16.04 per share

Miscellaneous

Free Float
118,268,000
Market Cap
$486.07 million
Optionable
Optionable
Beta
2.08
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Key Executives


NOVA Stock Analysis - Frequently Asked Questions

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

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunnova Energy International in the last twelve months. There are currently 7 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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?

23 analysts have issued 12-month price targets for Sunnova Energy International's stock. Their NOVA share price targets range from $6.00 to $58.00. On average, they expect the company's share price to reach $18.48 in the next twelve months. This suggests a possible upside of 372.6% 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 at the beginning of 2024. Since then, NOVA shares have decreased by 74.4% and is now trading at $3.91.
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, May 1st 2024.
View our NOVA earnings forecast
.

How can I listen to Sunnova Energy International's earnings call?

Sunnova Energy International will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Sunnova Energy International's earnings last quarter?

Sunnova Energy International Inc. (NYSE:NOVA) posted its earnings results on Wednesday, February, 21st. The company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.04. The company earned $194.18 million during the quarter, compared to the consensus estimate of $226.09 million. Sunnova Energy International had a negative trailing twelve-month return on equity of 13.26% and a negative net margin of 58.00%.

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 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 acted 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 many different retail and institutional investors. Top institutional investors include Guinness Asset Management LTD (1.08%), Raymond James Financial Services Advisors Inc. (0.27%), IMC Chicago LLC (0.00%), Busey Bank (0.03%), First Trust Direct Indexing L.P. (0.01%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.00%). 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 4/24/2024 by MarketBeat.com Staff

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