Sunnova Energy International Inc. (NOVA)
Market Cap | 528.55M |
Revenue (ttm) | 809.98M |
Net Income (ttm) | -413.24M |
Shares Out | 124.95M |
EPS (ttm) | -3.34 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 19,643,302 |
Open | 3.540 |
Previous Close | 3.440 |
Day's Range | 3.480 - 4.275 |
52-Week Range | 2.990 - 16.360 |
Beta | 2.26 |
Analysts | Buy |
Price Target | 11.40 (+169.5%) |
Earnings Date | Oct 30, 2024 |
About 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 ... [Read more]
Financial Performance
In 2023, NOVA's revenue was $720.65 million, an increase of 29.22% compared to the previous year's $557.69 million. Losses were -$417.96 million, 158.6% more than in 2022.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for NOVA stock is "Buy." The 12-month stock price forecast is $11.4, which is an increase of 169.50% from the latest price.
News
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...
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.
Solar stocks tumble overnight as Trump leads in election results
Solar stocks are selling off as clean energy investors worry Donald Trump is on a path to win the U.S. presidential election. Traders are worried that Trump could repeal the Inflation Reduction Act if...
Sunnova: Skyrocketing Debt Fuels Growth, But Margins Remain Under Pressure
Sunnova is one of the leading companies in the residential solar PV system market, along with Sunrun and Tesla. It reported 16.97% YoY growth in the first 9 months of FY24, but margins remain extremel...
Sunnova Energy International Inc. (NOVA) Q3 2024 Earnings Call Transcript
Sunnova Energy International Inc. (NYSE:NOVA) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Rodney McMahan - Vice President of Investor Relations John Berger - Cha...
Sunnova Reports Third Quarter 2024 Financial Results
HOUSTON--(BUSINESS WIRE)--Sunnova Reports Third Quarter 2024 Financial Results.
98% of Sunnova Customer Systems Remained Intact During Hurricanes Milton and Helene
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced today that in the wake of significant destruction...
First Solar, Sunrun, and Sunnova: How the Election Could Shape the Solar Industry
Tariffs and tax credits will be key for solar companies.
Top 2 Utilities Stocks That May Jump This Month
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Sunnova Announces Third Quarter 2024 Earnings Release Date and Conference Call
HOUSTON--(BUSINESS WIRE)--Sunnova Announces Third Quarter 2024 Earnings Release Date and Conference Call.
Sunnova Announces Appointment of Two New Independent Board Members
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced today the appointment of Corbin J. Robertson, III...
What do rate cuts, the election mean for solar energy stocks?
Mizuho Americas director of clean energy equity research Maheep Manley joins Julie Hyman and Josh Lipton on Market Domination to discuss what next week's expected interest rate cut and the upcoming pr...
Sunnova CEO talks outlook for solar energy ahead of election
Sunnova CEO John Berger joins 'Closing Bell Overtime' to reflect on the political landscape and energy.
Sunnova Powers Over 54,500 Customers Through Ernesto
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced today that it powered more than 54,500 customers ...
Sunnova CEO on growth strategy, demand for solar and election impact
John Berger, Sunnova CEO, joins 'Money Movers' to discuss what the bankruptcy of a competitor means for Sunnova's business, why it's been so tough for the solar business, and what could be bad for bus...
Utility Rates Driving Solar Demand Surge, Sunnova CEO Says
Sunnova Energy Chair and CEO John Berger says higher utility rates are driving solar demand. Speaking on "Bloomberg The Close," Berger also comments on the SunPower bankruptcy and California's solar s...
Sunnova Energy International Inc. (NOVA) Q2 2024 Earnings Call Transcript
Sunnova Energy International Inc. (NYSE:NOVA) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Rodney McMahan - Vice President, Investor Relations John Berger - Chairma...
Sunnova Energy: Good Q2, But Highly Leveraged On Debt
Sunnova Energy reported a 32% increase in revenue in Q2 2024, driven by high-margin customers under lease and PPA contracts. Despite a 670% jump in adjusted EBITDA, driven by one-time ITC sales, I sti...
Sunnova Reports Second Quarter 2024 Financial Results
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading adaptive energy services company, today announced financial results for the second quarter ended June 30...
SunPower and other solar names lifted by First Solar's better-than-expected results
Shares of SunPower Corp. climbed 9.2% Wednesday, with the maker of solar-energy technology shrugging off a Morgan Stanley price-target cut, buoyed by strong results from solar-panel maker First Solar ...
Tenet Energy and Sunnova Team Up to Promote Clean Home Energy Adoption with Solar and Electric Vehicles
NEW YORK--(BUSINESS WIRE)--Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America's sustainable energy transition, starting with electric vehicles, announced today ...
Finturf Joins with Sunnova to Expand Financing to Sustainable Home Improvements
GLENDALE, Calif. , July 30, 2024 /PRNewswire/ -- Finturf will collaborate with Sunnova, a leading adaptive energy services company and provider of sustainable energy solutions, to expand Finturf's alr...
Sunnova Solar + Storage Systems Powered Nearly 3,000 Customers Through Hurricane Beryl
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced today that it powered the homes of almost 3,000 c...
KBRA Assigns Preliminary Ratings to Sunnova SOL VII Issuer, LLC, Series 2024-2
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to two classes of notes issued by Sunnova SOL VII Issuer, LLC, Series 2024-2. The transaction is collateralized by a d...
Hurricane Beryl's Devastating Impact on Houston Power Grid Reinforces Value of Sunnova Solar + Storage Service for Homeowners
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, reinforced the value of Sunnova SunSafe® solar + battery st...