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
Sunnova Energy International Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.75 |
| 52 Week High | US$16.36 |
| 52 Week Low | US$2.99 |
| Beta | 2.26 |
| 11 Month Change | -40.10% |
| 3 Month Change | -56.34% |
| 1 Year Change | -65.05% |
| 33 Year Change | -90.87% |
| 5 Year Change | -62.98% |
| Change since IPO | -66.67% |
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 | 19.4% | 0.6% | -0.5% |
| 1Y | -65.1% | 93.3% | 32.3% |
Return vs Industry: NOVA underperformed the US Renewable Energy industry which returned 93.3% over the past year.
Return vs Market: NOVA underperformed the US Market which returned 32.3% over the past year.
Price Volatility
| NOVA volatility | |
|---|---|
| NOVA Average Weekly Movement | 20.6% |
| Renewable Energy Industry Average Movement | 7.9% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 3.0% |
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$503.56m |
| Earnings (TTM) | -US$413.24m |
| Revenue (TTM) | US$809.98m |
0.6x
P/S Ratio-1.1x
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 | 306.8% |
How did NOVA perform over the long term?
See historical performance and comparison