Sunnova Energy International Inc. (NOVA)
NYSE: NOVA · Real-Time Price · USD
3.700
+0.330 (9.79%)
At close: Dec 20, 2024, 4:00 PM
3.730
+0.030 (0.81%)
After-hours: Dec 20, 2024, 7:54 PM EST
NOVA Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for NOVA stock have an average target of 10.62, with a low estimate of 4.50 and a high estimate of 17. The average target predicts an increase of 187.03% from the current stock price of 3.70.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NOVA stock from 22 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 8 | 7 | 7 |
| Buy | 7 | 8 | 8 | 7 | 6 | 6 |
| Hold | 9 | 9 | 9 | 6 | 8 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 27 | 27 | 21 | 21 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Initiates $5 | Hold | Initiates | $5 | +35.14% | Dec 19, 2024 |
| Baird | Baird | Buy Maintains $12 → $9 | Buy | Maintains | $12 → $9 | +143.24% | Dec 18, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $12 → $11 | Strong Buy | Maintains | $12 → $11 | +197.30% | Dec 17, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $8 → $4.5 | Hold | Maintains | $8 → $4.5 | +21.62% | Nov 22, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $12 → $6 | Hold | Maintains | $12 → $6 | +62.16% | Nov 15, 2024 |
Financial Forecast
Revenue This Year
865.76M
from 720.65M
Increased by 20.14%
Revenue Next Year
1.08B
from 865.76M
Increased by 24.63%
EPS This Year
-2.41
from -3.53
EPS Next Year
-2.23
from -2.41
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 944.9M | 1.3B | 1.5B | |||
| Avg | 865.8M | 1.1B | 1.3B | |||
| Low | 804.0M | 857.5M | 954.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 31.1% | 45.5% | 43.4% | |||
| Avg | 20.1% | 24.6% | 19.6% | |||
| Low | 11.6% | -1.0% | -11.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.55 | 5.00 | -0.87 |
| Avg | -2.41 | -2.23 | -2.54 |
| Low | -3.12 | -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.