NOVA icon

Sunnova Energy

1.95 USD
-0.10
4.88%
At close Feb 21, 4:00 PM EST
After hours
1.93
-0.02
1.03%
1 day
-4.88%
5 days
1.56%
1 month
-36.48%
3 months
-55.38%
6 months
-80.46%
Year to date
-51.25%
1 year
-83.32%
5 years
-89.08%
10 years
-82.67%
 

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

0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 9 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

68% more call options, than puts

Call options by funds: $36M | Put options by funds: $21.5M

3% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 63

10% less funds holding

Funds holding: 219 [Q3] → 198 (-21) [Q4]

20.58% less ownership

Funds ownership: 108.0% [Q3] → 87.42% (-20.58%) [Q4]

25% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 59

50% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 2 (-2) [Q4]

68% less capital invested

Capital invested by funds: $1.31B [Q3] → $416M (-$898M) [Q4]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$2
3%
upside
Avg. target
$6.67
242%
upside
High target
$11
464%
upside

9 analyst ratings

positive
44%
neutral
56%
negative
0%
Jefferies
Julien Dumoulin-Smith
55% 1-year accuracy
87 / 158 met price target
3%upside
$2
Hold
Downgraded
7 Feb 2025
Barclays
Christine Cho
52% 1-year accuracy
29 / 56 met price target
362%upside
$9
Overweight
Maintained
29 Jan 2025
JP Morgan
Mark Strouse
43% 1-year accuracy
22 / 51 met price target
464%upside
$11
Overweight
Maintained
23 Jan 2025
Susquehanna
Biju Perincheril
26% 1-year accuracy
17 / 66 met price target
131%upside
$4.50
Neutral
Downgraded
10 Jan 2025
Wells Fargo
Praneeth Satish
67% 1-year accuracy
8 / 12 met price target
105%upside
$4
Equal-Weight
Maintained
8 Jan 2025

Financial journalist opinion

Based on 4 articles about NOVA published over the past 30 days

Neutral
Business Wire
4 days ago
Sunnova Streamlines Operations to Enhance Cash Generation
HOUSTON--(BUSINESS WIRE)--Sunnova Streamlines Operations to Enhance Cash Generation.
Sunnova Streamlines Operations to Enhance Cash Generation
Neutral
Business Wire
2 weeks ago
Sunnova Partners with OpenSolar to Revolutionize Solar System Design with AI Technology
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced today a strategic partnership with OpenSolar, a software innovator empowering solar installers with the world's only free-of-charge solar design, sales, and project management platform. OpenSolar's industry-leading design software, including its automated AI design technology, is now available within the Sunnova Catalyst™ dealer platform. The col.
Sunnova Partners with OpenSolar to Revolutionize Solar System Design with AI Technology
Neutral
Business Wire
2 weeks ago
Sunnova Announces Fourth Quarter and Full Year 2024 Earnings Release Date and Conference Call
HOUSTON--(BUSINESS WIRE)--Sunnova Announces Fourth Quarter and Full Year 2024 Earnings Release Date and Conference Call.
Sunnova Announces Fourth Quarter and Full Year 2024 Earnings Release Date and Conference Call
Positive
The Motley Fool
4 weeks ago
Why Sunnova Energy International Stock Soared Today
Sunnova Energy International (NOVA 10.31%) stock posted double-digit gains in Thursday's trading. The solar energy company's share price closed out the day up 10.3% and had been up as much as 12.7% earlier in the session.
Why Sunnova Energy International Stock Soared Today
Neutral
Business Wire
1 month ago
Sunnova Surpasses 100,000 New Home Solar System Installs with More Than 1 Million Panels
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), a leading adaptive energy services company, announced today that its New Homes Business Division has installed more than one million solar panels on over 100,000 new-build residential single-family rooftops in markets across the United States, bringing reliable and affordable energy to thousands of new homeowners. As one of the nation's largest new home solar, storage and EV charging installers, Sunnova, throu.
Sunnova Surpasses 100,000 New Home Solar System Installs with More Than 1 Million Panels
Neutral
The Motley Fool
2 months ago
Nuclear and Renewable Energy Stocks Have Lost Their Shine
After a strong run for some energy stocks in the fall, the rally fell flat this week with many nuclear and renewable energy stocks dropping.
Nuclear and Renewable Energy Stocks Have Lost Their Shine
Positive
The Motley Fool
3 months ago
Why Sunnova Energy Stock Leaped 23% Higher Today
Why Sunnova Energy Stock Leaped 23% Higher Today
Why Sunnova Energy Stock Leaped 23% Higher Today
Neutral
Business Wire
3 months ago
Sunnova Awarded Microgrid Project to Bolster Grid Resiliency for Penobscot Nation in Maine
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced it was selected by the Penobscot Nation to deploy a half megawatt battery energy storage system (BESS) for the tribe's community and commerce facilities. This BESS will improve the resilience of Maine's electrical grid to better withstand extreme storms while enhancing clean energy deployment and job opportunities. The system will capture excess.
Sunnova Awarded Microgrid Project to Bolster Grid Resiliency for Penobscot Nation in Maine
Negative
The Motley Fool
3 months ago
Why QuantumScape, SolarEdge, and Sunnova Energy Plunged Today
Uncertainty around clean energy incentives and rising interest rates punished these clean energy leaders.
Why QuantumScape, SolarEdge, and Sunnova Energy Plunged Today
Neutral
CNBC Television
3 months ago
Market misunderstanding Trump administration's impact on solar energy, says Sunnova CEO John Berger
John Berger, Sunnova CEO, joins 'Closing Bell Overtime' to talk the impact of the upcoming Trump administration on solar energy.
Market misunderstanding Trump administration's impact on solar energy, says Sunnova CEO John Berger
Charts implemented using Lightweight Charts™