Sunnova Energy International Inc. (NOVA)

NYSE: NOVA · IEX Real-Time Price · USD
16.48
+0.30 (1.85%)
At close: May 26, 2023, 4:00 PM
16.10
-0.38 (-2.31%)
After-hours: May 26, 2023, 7:54 PM EDT
1.85%
Market Cap 1.92B
Revenue (ttm) 653.66M
Net Income (ttm) -209.14M
Shares Out 116.29M
EPS (ttm) -1.81
PE Ratio n/a
Forward PE 100.00
Dividend n/a
Ex-Dividend Date n/a
Volume 2,422,098
Open 16.40
Previous Close 16.18
Day's Range 15.53 - 16.57
52-Week Range 12.46 - 31.47
Beta 2.08
Analysts Strong Buy
Price Target 33.29 (+102.0%)
Earnings Date Jul 26, 2023

About NOVA

Sunnova Energy International Inc. provides residential energy services 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 diagnostics services. As of December 31, 2021, it operated a fleet of residential solar energy systems with a generation capacity of approximately 1,140 megawatts serving over 195,000 customers. Sunnova Energy International Inc. was incorporated in 2012 and is headquartered in Houston, Te... [Read more]

Industry Solar
Sector Technology
IPO Date Jul 25, 2019
Employees 1,170
Stock Exchange NYSE
Ticker Symbol NOVA
Full Company Profile

Financial Performance

In 2022, NOVA's revenue was $557.69 million, an increase of 130.69% compared to the previous year's $241.75 million. Losses were -$161.64 million, 17.0% more than in 2021.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for NOVA stock is "Strong Buy." The 12-month stock price forecast is $33.29, which is an increase of 102.00% from the latest price.

Price Target
$33.29
(102.00% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

KBRA Assigns Preliminary Ratings to Sunnova Helios XI Issuer, LLC Solar Loan Backed Notes, Series 2023-A

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to three classes of notes issued by Sunnova Helios XI Issuer, LLC Solar Loan Backed Notes, Series 2023-A (“Sunnova 2023-A”), a $286....

3 weeks ago - Business Wire

Sunnova and Amica Insurance Collaborate to Bring Innovative Energy Services and Insurance Products to Homeowners

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading U.S. Energy as a Service (EaaS) provider, announced today it is teaming up with Amica Insurance (Amica),...

3 weeks ago - Business Wire

Sunnova Releases 2022 Sustainability Report Highlighting the Power of Service

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), a leading U.S. Energy as a Service provider (EaaS), has announced the publication of its third annual Sustainabil...

1 month ago - Business Wire

Sunnova Reports First Quarter 2023 Financial Results

HOUSTON--(BUSINESS WIRE)--Sunnova Reports First Quarter 2023 Financial Results.

1 month ago - Business Wire

Sunnova Gets $3 Billion Energy Department Loan

John Berger, Sunnova chairman, president and CEO, joined Alix Steel and Dani Burger to discuss affordable energy services and energy transition. Follow Bloomberg for business news & analysis, up-to-th...

1 month ago - Bloomberg Markets and Finance

Sunnova Announces $3 Billion U.S. Department of Energy Conditional Commitment to Expand Clean Energy Access and Lay Foundation for Virtual Power Plant Capabilities

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. (Sunnova) (NYSE: NOVA), a leading Energy as a Service (EaaS) provider, today announced a conditional commitment by the U.S. Department of E...

1 month ago - Business Wire

Sunnova share price could more than double from here: Morgan Stanley

Sunnova Energy International Inc (NYSE: NOVA) may remain volatile in the near term but has the potential to make its shareholders a happy lot over the next twelve months, as per a Morgan Stanley analy...

2 months ago - Invezz

First Solar Has Surged 40% This Year. It's Time to Sell the Stock, Analyst Says, and Buy Sunnova Instead.

Morgan Stanley analyst Andrew Percoco downgrades shares of First Solar to Underweight from Equal Weight while initiating coverage of Sunnova at Overweight.

Other symbols: FSLR
2 months ago - Barrons

Sunnova Announces First Quarter 2023 Earnings Release Date and Conference Call

HOUSTON--(BUSINESS WIRE)--Sunnova Announces First Quarter 2023 Earnings Release Date and Conference Call

2 months ago - Business Wire

Sunnova Announces Free* Battery Offer for New California Customers through Solar Plus Storage Lease Offering

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), a leading U.S. Energy as a Service provider (EaaS), has announced an exclusive free* battery offer for new custom...

2 months ago - Business Wire

Sunnova Secures Largest Wholesale Market Capacity Position for Behind-the-Meter Solar in New England Region

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), a leading U.S. Energy as a Service provider (EaaS), has announced its third consecutive win in the ISO-New Englan...

2 months ago - Business Wire

Solar firms Sunnova and Sunrun shed light on exposure to Silicon Valley Bank

Residential solar companies Sunrun Inc and Sunnova Energy on Friday disclosed their exposure to SVB Financial Group , which has been closed down by California banking regulators.

Other symbols: RUNSIVB
2 months ago - Reuters

Sunnova Unveils Adaptive Retail Energy Plan in Texas in Collaboration with David Energy, Powered by Virtual Power Plant Technology

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), a leading U.S. Energy as a Service (EaaS) provider, has teamed up with David Energy, a software-driven retail ener...

2 months ago - Business Wire

Sunnova Reports Fourth Quarter and Full Year 2022 Financial Results

HOUSTON--(BUSINESS WIRE)--Sunnova Reports Fourth Quarter and Full Year 2022 Financial Results

3 months ago - Business Wire

Sunnova Energy ($NOVA) Partners with FranklinWH to Expand Energy Storage Solution Product Offerings

Sunnova Energy (NYSE: NOVA) and FranklinWH have joined forces to bring homeowners a comprehensive solution for whole-home energy management. The Franklin Home Power system, an AC-coupled storage solut...

3 months ago - Green Stock News

FranklinWH and Sunnova Team Up to Add Franklin Home Power Storage Solution to Sunnova's Energy as a Service Portfolio

SAN JOSE, Calif. , Feb. 10, 2023 /PRNewswire/ -- FranklinWH Energy Storage Inc. ("FranklinWH"), a leader in whole-home energy management, has announced an agreement with Sunnova Energy International, ...

3 months ago - PRNewsWire

Growing EV demand drives more homeowners to convert to solar power, says Sunnova CEO

Sunnova CEO John Berger joins 'Closing Bell' to discuss the near term demand for solar energy, the inflation reduction act enabling new forms of financing and the connection between EV demand and resi...

3 months ago - CNBC Television

Sunnova Announces Fourth Quarter and Full Year 2022 Earnings Release Date and Conference Call

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading Energy as a Service (EaaS) provider, announced today it will release its fourth quarter and full year ...

4 months ago - Business Wire

USAA teams with Sunnova to Bring Clean Energy Services to their Members

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading U.S. Energy as a Service (EaaS) provider, announced today that it has teamed up with USAA Alliance Ser...

4 months ago - Business Wire

SolarEdge Technologies ($SEDG) and Sunnova Energy ($NOVA) Expand Partnership Through Home Batteries

SolarEdge Technologies (NASDAQ: SEDG) and Sunnova Energy (NYSE: NOVA) have announced the expansion of their partnership by adding the SolarEdge Home Battery to Sunnova's Energy-as-a-Service portfolio....

Other symbols: SEDG
4 months ago - Green Stock News

SolarEdge and Sunnova Expand Partnership to Include SolarEdge Home Battery in Sunnova's Energy as a Service Portfolio

HOUSTON & MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, and Sunnova Energy International, Inc. ("Sunnova")...

Other symbols: SEDG
4 months ago - Business Wire

Sunrun, Sunnova, and First Solar Are Now Buys. This Analyst Is Positive on Clean Energy.

Wells Fargo analyst Michael Blum upgrades shares of Sunrun, Sunnova and First Solar to Overweight from Equal Weight.

Other symbols: FSLRRUN
5 months ago - Barrons

SunPower and Other Solar Stocks Fall as California Cuts Incentives for Rooftop Panels

Bernadette Del Chiaro, executive director of the California Solar & Storage Association, says the plan is a 'step backwards when we really need to be moving forward with solar and battery storage.'

Other symbols: ARRYENPHFSLRNEPRUNSPWR
5 months ago - Barrons

Savant Teams with Sunnova to Deliver Smart Power Solutions

Sunnova selects Savant as their preferred provider of load management technology and smart energy software for the Sunnova Adaptive Home® HYANNIS, Mass. , Dec. 5, 2022 /PRNewswire/ -- Savant Systems, ...

6 months ago - PRNewsWire

Solar stock surge after California lessens its subsidy rollback

CNBC's Pippa Stevens joins 'The Exchange' to discuss California's solar panel subsidy adjustment, the power grid questions surrounding solar and the influence California's solar policy could have on o...

Other symbols: RUNSPWRTAN
7 months ago - CNBC Television