Sunnova EnergyNOVA
About: Sunnova Energy International Inc is a residential solar and energy storage service provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.
Employees: 2,047
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
58% more capital invested
Capital invested by funds: $827M [Q2] → $1.3B (+$477M) [Q3]
30% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 33
5% more funds holding
Funds holding: 209 [Q2] → 219 (+10) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
9% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 75
9.78% less ownership
Funds ownership: 116.96% [Q2] → 107.18% (-9.78%) [Q3]
22% less call options, than puts
Call options by funds: $69.2M | Put options by funds: $89.1M
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
TD Cowen Jeff Osborne 50% 1-year accuracy 2 / 4 met price target | 35%upside $5 | Hold Initiated | 19 Dec 2024 |
Baird Ben Kallo 53% 1-year accuracy 21 / 40 met price target | 143%upside $9 | Outperform Maintained | 18 Dec 2024 |
Goldman Sachs Brian Lee 38% 1-year accuracy 31 / 81 met price target | 197%upside $11 | Buy Maintained | 17 Dec 2024 |
Piper Sandler Kashy Harrison 39% 1-year accuracy 16 / 41 met price target | 22%upside $4.50 | Neutral Maintained | 22 Nov 2024 |
Morgan Stanley Andrew Percoco 64% 1-year accuracy 7 / 11 met price target | 62%upside $6 | Equal-Weight Maintained | 15 Nov 2024 |
Financial journalist opinion
