Sunnova Energy International Inc. (NOVA)
NYSE: NOVA · Real-Time Price · USD
4.230
+0.790 (22.97%)
At close: Nov 20, 2024, 4:00 PM
4.220
-0.010 (-0.24%)
Pre-market: Nov 21, 2024, 7:26 AM EST
NOVA Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for NOVA stock have an average target of 11.4, with a low estimate of 6.00 and a high estimate of 17. The average target predicts an increase of 169.50% from the current stock price of 4.23.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NOVA stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 10 | 8 | 7 |
| Buy | 7 | 7 | 8 | 8 | 7 | 6 |
| Hold | 9 | 9 | 9 | 9 | 6 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 27 | 27 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $12 → $6 | Hold | Maintains | $12 → $6 | +41.84% | Nov 15, 2024 |
| Guggenheim | Guggenheim | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 7, 2024 |
| BMO Capital | BMO Capital | Hold Reiterates $10 → $8 | Hold | Reiterates | $10 → $8 | +89.13% | Nov 1, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $9 → $6.25 | Hold | Maintains | $9 → $6.25 | +47.75% | Nov 1, 2024 |
| Baird | Baird | Buy Maintains $18 → $12 | Buy | Maintains | $18 → $12 | +183.69% | Nov 1, 2024 |
Financial Forecast
Revenue This Year
864.10M
from 720.65M
Increased by 19.91%
Revenue Next Year
1.07B
from 864.10M
Increased by 23.48%
EPS This Year
-2.53
from -3.53
EPS Next Year
-2.18
from -2.53
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 944.9M | 1.3B | 1.5B | ||
| Avg | 864.1M | 1.1B | 1.3B | ||
| Low | 786.0M | 824.0M | 954.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.1% | 45.8% | 45.0% | ||
| Avg | 19.9% | 23.5% | 18.3% | ||
| Low | 9.1% | -4.6% | -10.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.61 | 5.00 | -0.87 |
| Avg | -2.53 | -2.18 | -2.76 |
| Low | -3.22 | -4.76 | -4.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.