NOVA Stock Overview
Engages in the provision of energy as a service in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
+ 1 more risk
My Notes
Capture your thoughts, links and company narrative
Sunnova Energy International Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.20 |
| 52 Week High | US$16.36 |
| 52 Week Low | US$2.99 |
| Beta | 2.21 |
| 1 Month Change | 12.00% |
| 3 Month Change | -65.43% |
| 1 Year Change | -72.26% |
| 3 Year Change | -84.48% |
| 5 Year Change | -63.73% |
| Change since IPO | -62.67% |
Recent News & Updates
Recent updates
Sunnova: Skyrocketing Debt Fuels Growth, But Margins Remain Under Pressure
Nov 01Sunnova Energy: Good Q2, But Highly Leveraged On Debt
Aug 01Earnings Update: Sunnova Energy International Inc. (NYSE:NOVA) Just Reported And Analysts Are Trimming Their Forecasts
May 04
Sunnova: Awaiting Financial Enhancement
Mar 01Sunnova: Top Pick In The Residential Solar Market
Dec 28Sunnova: Strong Customer Growth Trend Makes It A Buy
Dec 22Sunnova Energy International: A Potential Further Downside On Weak Fundamentals
Oct 17Sunnova Energy International: Potentially Unsustainable Business Model
Jul 31Sunnova: Not Yet Time To Buy Solar Even As The Renewable Energy Runs Hot
Jun 16An Intrinsic Calculation For Sunnova Energy International Inc. (NYSE:NOVA) Suggests It's 24% Undervalued
May 12New Forecasts: Here's What Analysts Think The Future Holds For Sunnova Energy International Inc. (NYSE:NOVA)
Mar 01Franklin home power storage solution to be part of Sunnova's Energy as a service portfolio
Feb 10Is Sunnova Energy International (NYSE:NOVA) Using Too Much Debt?
Jan 14Sunnova Energy: A Bearish Setup Ahead Of Earnings And November Analyst Day
Oct 17Is Sunnova Energy International (NYSE:NOVA) A Risky Investment?
Oct 03Sunnova Energy International Inc. (NYSE:NOVA) Shares Could Be 35% Below Their Intrinsic Value Estimate
Sep 06Sunnova Energy International prices upsized $500M of debt offering
Aug 17Sunnova Energy: A Ray Of Legislative Sunshine
Aug 04Shareholder Returns
| NOVA | US Renewable Energy | US Market | |
|---|---|---|---|
| 7D | -2.1% | -2.0% | 0.04% |
| 1Y | -72.3% | 74.2% | 27.3% |
Return vs Industry: NOVA underperformed the US Renewable Energy industry which returned 74.2% over the past year.
Return vs Market: NOVA underperformed the US Market which returned 27.3% over the past year.
Price Volatility
| NOVA volatility | |
|---|---|
| NOVA Average Weekly Movement | 20.8% |
| Renewable Energy Industry Average Movement | 8.7% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NOVA's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: NOVA's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 2,047 | John Berger | www.sunnova.com |
Sunnova Energy International Inc. engages in the provision of energy as a service 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 solar energy system and energy storage system diagnostics services. As of December 31, 2023, it operated a fleet of residential solar energy systems with a generation capacity of approximately 2,292 megawatts serving over 419,000 customers.
Sunnova Energy International Inc. Fundamentals Summary
| NOVA fundamental statistics | |
|---|---|
| Market cap | US$499.81m |
| Earnings (TTM) | -US$413.24m |
| Revenue (TTM) | US$809.98m |
0.6x
P/S Ratio-1.3x
P/E RatioIs NOVA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NOVA income statement (TTM) | |
|---|---|
| Revenue | US$809.98m |
| Cost of Revenue | US$377.39m |
| Gross Profit | US$432.59m |
| Other Expenses | US$845.83m |
| Earnings | -US$413.24m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.31 |
| Gross Margin | 53.41% |
| Net Profit Margin | -51.02% |
| Debt/Equity Ratio | 308.5% |
How did NOVA perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 23:26 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sunnova Energy International Inc. is covered by 38 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Kallo | Baird |
| Moses Sutton | Barclays |
| Christine Cho | Barclays |