NOVA icon

Sunnova Energy

0.3479 USD
-0.0241
6.48%
Updated Apr 1, 3:15 PM EDT
1 day
-6.48%
5 days
-5.85%
1 month
-41.38%
3 months
-91.30%
6 months
-96.18%
Year to date
-91.30%
1 year
-93.86%
5 years
-96.45%
10 years
-96.91%
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 11 analysts

Fund manager confidence

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

67% more call options, than puts

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

2% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 64

7% less funds holding

Funds holding: 219 [Q3] → 203 (-16) [Q4]

10.58% less ownership

Funds ownership: 107.99% [Q3] → 97.4% (-10.58%) [Q4]

20% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 59

50% less funds holding in top 10

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

65% less capital invested

Capital invested by funds: $1.31B [Q3] → $459M (-$855M) [Q4]

Research analyst outlook

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

Low target
$0.50
44%
upside
Avg. target
$2.02
481%
upside
High target
$9
2,487%
upside

11 analyst ratings

positive
9%
neutral
82%
negative
9%
Piper Sandler
Kashy Harrison
18% 1-year accuracy
7 / 40 met price target
187%upside
$1
Neutral
Maintained
5 Mar 2025
Mizuho
Maheep Mandloi
17% 1-year accuracy
3 / 18 met price target
187%upside
$1
Neutral
Downgraded
5 Mar 2025
Janney Montgomery Scott
Thomas Meric
67% 1-year accuracy
2 / 3 met price target
187%upside
$1
Neutral
Downgraded
4 Mar 2025
BMO Capital
Ameet Thakkar
43% 1-year accuracy
6 / 14 met price target
144%upside
$0.85
Market Perform
Maintained
4 Mar 2025
RBC Capital
Christopher Dendrinos
44% 1-year accuracy
8 / 18 met price target
116%upside
$0.75
Sector Perform
Maintained
4 Mar 2025

Financial journalist opinion

Based on 12 articles about NOVA published over the past 30 days

Neutral
Business Wire
7 hours ago
Sunnova Announces Appointment of Robyn Liska as Interim Chief Financial Officer and Provides Financial Strategy Update
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”), an industry-leading adaptive energy services company, today announced a series of strategic actions to support its ongoing efforts to stabilize the Company's financial foundation and position the business for long-term success. To steward the Company into this next chapter, Sunnova appointed Robyn Liska as interim Chief Financial Officer, effective March 31, 2025. In this role, Liska will serve as a core p.
Sunnova Announces Appointment of Robyn Liska as Interim Chief Financial Officer and Provides Financial Strategy Update
Neutral
Business Wire
3 days ago
Sunnova Adopts Tax Asset Preservation Plan Designed to Protect the Availability of its Net Operating Losses
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA) announced today that its Board of Directors adopted a shareholder rights plan designed to protect long-term shareholder value by preserving the availability of Sunnova's net operating loss carryforwards (“NOLs”) and other tax attributes under the Internal Revenue Code (“Tax Asset Preservation Plan”). As of December 31, 2024, Sunnova had approximately $1.4 billion of U.S. federal NOLs that could be available to.
Sunnova Adopts Tax Asset Preservation Plan Designed to Protect the Availability of its Net Operating Losses
Neutral
Business Wire
3 weeks ago
Sunnova Names Paul Mathews as President and Chief Executive Officer
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) (NYSE: NOVA), an industry-leading adaptive energy services company, today announced that Paul Mathews, formerly Chief Operating Officer, has been appointed President and Chief Executive Officer, effective immediately. Mr. Mathews succeeds William J. (John) Berger, who is stepping down as Chairman, President and CEO. Mr. Berger will remain as an advisor for a period of time to assist with the transition. Mr.
Sunnova Names Paul Mathews as President and Chief Executive Officer
Neutral
Seeking Alpha
3 weeks ago
Undercovered Dozen: Lamb Weston, Sunnova, Teleperformance, DiDi Global +
The 'Undercovered Dozen' series highlights articles on 12 lesser-covered stocks from the last week, offering investment ideas and fostering discussion among investors. ATCO Ltd. is recommended as a strong buy due to its defensive business, consistent cash flow, and attractive valuation with a 4.3% dividend yield. Semler Scientific is seen as a hold due to revenue decline from CMS changes, Bitcoin volatility, and the wait for FDA clearance of QuantaFlo.
Undercovered Dozen: Lamb Weston, Sunnova, Teleperformance, DiDi Global +
Neutral
Business Wire
3 weeks ago
KBRA Monitoring Sunnova Transactions Following Going Concern Warning
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On March 3, 2025, Sunnova Energy Corporation (Sunnova) stated in its fourth quarter and full-year 2024 financial results that there is substantial doubt about its ability to continue as a going concern for at least one year without implementing additional capital management measures. To address this, Sunnova is looking to take a number of steps to increase the amount of available cash and reduce expenses. It has also hired a financial advisor to manage certain aspects.
KBRA Monitoring Sunnova Transactions Following Going Concern Warning
Negative
TechCrunch
4 weeks ago
Solar installer Sunnova races to raise cash as it issues ‘going concern' warning
Solar installer Sunnova issued a “going concern” warning as the company runs short on cash.
Solar installer Sunnova races to raise cash as it issues ‘going concern' warning
Negative
CNET
4 weeks ago
Sunnova Energy: Another Big Solar Installer Teeters on the Edge of Bankruptcy
The "solar coaster" comes for Sunnova Energy, as the installer faces bankruptcy.
Sunnova Energy: Another Big Solar Installer Teeters on the Edge of Bankruptcy
Negative
Seeking Alpha
4 weeks ago
Sunnova's 'Going Concern' Warning Is A Red Flag You Can't Ignore
Sunnova Energy faces severe financial distress despite growth in customer acquisition, revenue, and solar deployments, with a stock price plummeting over 60%. The company issued a "going concern" warning, indicating it may not continue operating without major changes like restructuring or securing new capital. Crushing debt load, high financing costs, and cautious tax equity investors exacerbate Sunnova's liquidity crisis, with no clear plan to address upcoming debt maturities.
Sunnova's 'Going Concern' Warning Is A Red Flag You Can't Ignore
Neutral
Seeking Alpha
4 weeks ago
Sunnova Energy International Inc. (NOVA) Q4 2024 Earnings Call Transcript
Sunnova Energy International Inc. (NOVA) Q4 2024 Earnings Call Transcript
Sunnova Energy International Inc. (NOVA) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
4 weeks ago
Sunnova Energy (NOVA) Reports Q4 Loss, Misses Revenue Estimates
Sunnova Energy (NOVA) came out with a quarterly loss of $1.11 per share versus the Zacks Consensus Estimate of a loss of $0.82. This compares to loss of $0.20 per share a year ago.
Sunnova Energy (NOVA) Reports Q4 Loss, Misses Revenue Estimates
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