Sunnova Energy International Inc. (NOVA)
NYSE: NOVA · IEX Real-Time Price · USD
3.780
-0.140 (-3.57%)
At close: Apr 18, 2024, 4:01 PM
3.650
-0.130 (-3.44%)
Pre-market: Apr 19, 2024, 8:40 AM EDT
NOVA Stock Forecast
Stock Price Forecast
The 22 analysts with 12-month price forecasts for NOVA stock have an average target of 18.61, with a low estimate of 6.00 and a high estimate of 58. The average target predicts an increase of 392.33% from the current stock price of 3.78.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NOVA stock from 24 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 9 | 9 | 10 | 10 |
| Buy | 10 | 11 | 10 | 9 | 9 | 8 |
| Hold | 7 | 5 | 4 | 5 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 24 | 23 | 23 | 24 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $11 → $6 | Buy → Hold | Downgrades | $11 → $6 | +58.73% | Apr 19, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $14 → $12 | Strong Buy | Maintains | $14 → $12 | +217.46% | Apr 11, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $20 → $12 | Buy | Maintains | $20 → $12 | +217.46% | Apr 5, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 22, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $16 → $14 | Strong Buy | Maintains | $16 → $14 | +270.37% | Mar 21, 2024 |
Financial Forecast
Revenue This Year
1.00B
from 720.65M
Increased by 38.90%
Revenue Next Year
1.27B
from 1.00B
Increased by 27.27%
EPS This Year
-2.19
from -3.53
EPS Next Year
-1.79
from -2.19
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.2B | 1.6B | 2.1B | 2.2B | 2.3B |
| Avg | 1.0B | 1.3B | 1.6B | 2.0B | 2.2B |
| Low | 767.3M | 968.2M | 1.1B | 1.8B | 2.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 64.6% | 58.8% | 66.6% | 37.1% | 13.5% |
| Avg | 38.9% | 27.3% | 26.1% | 26.3% | 10.2% |
| Low | 6.5% | -3.3% | -10.4% | 14.8% | 5.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.50 | 2.59 | 1.17 |
| Avg | -2.19 | -1.79 | -1.66 |
| Low | -4.63 | -4.33 | -4.17 |
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.