Sunnova EnergyNOVA
NOVA
About: Sunnova Energy International Inc is a residential solar energy products and services 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: 1,796
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures 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]
9.76% less ownership
Funds ownership: 107.16% [Q3] → 97.4% (-9.76%) [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: $1.3B [Q3] → $459M (-$845M) [Q4]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$0.50
178%
upside
Avg. target
$1.73
859%
upside
High target
$9
4,906%
upside
10 analyst ratings
1 positive
10%
8 neutral
80%
1 negative
10%
Goldman Sachs Brian Lee 34% 1-year accuracy 27 / 79 met price target | 178%upside $0.50 | Neutral Maintained | 2 Apr 2025 |
Piper Sandler Kashy Harrison 27% 1-year accuracy 11 / 41 met price target | 456%upside $1 | Neutral Maintained | 5 Mar 2025 |
Mizuho Maheep Mandloi 17% 1-year accuracy 2 / 12 met price target | 456%upside $1 | Neutral Downgraded | 5 Mar 2025 |
Janney Montgomery Scott Thomas Meric 50% 1-year accuracy 1 / 2 met price target | 456%upside $1 | Neutral Downgraded | 4 Mar 2025 |
BMO Capital Ameet Thakkar 50% 1-year accuracy 7 / 14 met price target | 373%upside $0.85 | Market Perform Maintained | 4 Mar 2025 |
Financial journalist opinion
Based on 6 articles about NOVA published over the past 30 days
Positive
Benzinga
4 days ago
Top 2 Utilities Stocks That Could Lead To Your Biggest Gains In April
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Neutral
Business Wire
1 week ago
Sunnova Announces Appointment of Two Independent Directors
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) (NYSE: NOVA), an industry-leading adaptive energy services company, today announced the appointment of Tony Horton and Jeffrey S. Stein as independent Class I directors to its Board of Directors, effective April 11, 2025. Mr. Horton and Mr. Stein bring deep experience guiding companies through value maximizing capital structure transactions and periods of transformation. Their appointments underscore Sunnov.
Neutral
Business Wire
2 weeks ago
Sunnova Receives Continued Listing Notice from NYSE
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (the “Company”) (NYSE: NOVA) today announced that on April 1, 2025 it received a notification letter from the New York Stock Exchange (“NYSE”) stating that the Company is not in compliance with the continued listing standards set forth in Rule 802.01C of the NYSE Listed Company Manual, which requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period (the “Notice”). Th.
Positive
Benzinga
2 weeks ago
Top 3 Utilities Stocks That May Rocket Higher This Quarter
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Neutral
Business Wire
2 weeks 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.
Neutral
Business Wire
3 weeks 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.
Neutral
Business Wire
1 month 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.
Neutral
Seeking Alpha
1 month 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.
Neutral
Business Wire
1 month 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.
Negative
TechCrunch
1 month 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.
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