Sunnova Energy International Inc. (NOVA)
NYSE: NOVA · IEX Real-Time Price · USD
7.38
+0.21 (2.93%)
At close: Jul 19, 2024, 4:00 PM
7.60
+0.22 (2.98%)
Pre-market: Jul 22, 2024, 7:29 AM EDT
NOVA Stock Forecast
Stock Price Forecast
The 23 analysts with 12-month price forecasts for NOVA stock have an average target of 15.04, with a low estimate of 4.50 and a high estimate of 58. The average target predicts an increase of 103.79% from the current stock price of 7.38.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NOVA stock from 26 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 10 | 10 | 10 | 10 | 10 |
| Buy | 9 | 9 | 8 | 8 | 7 | 7 |
| Hold | 5 | 5 | 7 | 8 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 24 | 25 | 26 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $10 → $12 | Buy | Maintains | $10 → $12 | +62.60% | Jul 15, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $14 → $10 | Hold | Maintains | $14 → $10 | +35.50% | Jun 14, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $9 → $4.5 | Buy → Hold | Downgrades | $9 → $4.5 | -39.02% | May 21, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $26 → $17 | Buy | Maintains | $26 → $17 | +130.35% | May 3, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $10 → $6 | Hold | Maintains | $10 → $6 | -18.70% | May 3, 2024 |
Financial Forecast
Revenue This Year
904.23M
from 720.65M
Increased by 25.47%
Revenue Next Year
1.16B
from 904.23M
Increased by 28.18%
EPS This Year
-2.13
from -3.53
EPS Next Year
-2.18
from -2.13
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1B | 1.5B | 1.9B | 1.8B | 2.1B |
| Avg | 904.2M | 1.2B | 1.4B | 1.6B | 1.9B |
| Low | 725.2M | 879.1M | 981.1M | 1.4B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 47.9% | 60.7% | 60.5% | 23.4% | 31.4% |
| Avg | 25.5% | 28.2% | 23.4% | 12.6% | 19.5% |
| Low | 0.6% | -2.8% | -15.4% | 1.2% | 7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.53 | 0.59 | 0.72 |
| Avg | -2.13 | -2.18 | -2.36 |
| Low | -4.20 | -4.86 | -4.89 |
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.