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Sunnova Energy International NYSE:NOVA Stock Report

Last Price

US$5.53

Market Cap

US$647.2m

7D

28.3%

1Y

-69.2%

Updated

03 Jun, 2024

Data

Company Financials +

Sunnova Energy International Inc.

NYSE:NOVA Stock Report

Market Cap: US$647.2m

Sunnova Energy International Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sunnova Energy International
Historical stock prices
Current Share PriceUS$5.53
52 Week HighUS$24.56
52 Week LowUS$3.37
Beta2.15
1 Month Change15.45%
3 Month Change-10.08%
1 Year Change-69.18%
3 Year Change-81.03%
5 Year Changen/a
Change since IPO-50.84%

Recent News & Updates

Earnings Update: Sunnova Energy International Inc. (NYSE:NOVA) Just Reported And Analysts Are Trimming Their Forecasts

May 04
Earnings Update: Sunnova Energy International Inc. (NYSE:NOVA) Just Reported And Analysts Are Trimming Their Forecasts

Recent updates

Earnings Update: Sunnova Energy International Inc. (NYSE:NOVA) Just Reported And Analysts Are Trimming Their Forecasts

May 04
Earnings Update: Sunnova Energy International Inc. (NYSE:NOVA) Just Reported And Analysts Are Trimming Their Forecasts

Sunnova: Awaiting Financial Enhancement

Mar 01

Sunnova: Top Pick In The Residential Solar Market

Dec 28

Sunnova: Strong Customer Growth Trend Makes It A Buy

Dec 22

Sunnova Energy International: A Potential Further Downside On Weak Fundamentals

Oct 17

Sunnova Energy International: Potentially Unsustainable Business Model

Jul 31

Sunnova: Not Yet Time To Buy Solar Even As The Renewable Energy Runs Hot

Jun 16

An Intrinsic Calculation For Sunnova Energy International Inc. (NYSE:NOVA) Suggests It's 24% Undervalued

May 12
An Intrinsic Calculation For Sunnova Energy International Inc. (NYSE:NOVA) Suggests It's 24% Undervalued

New Forecasts: Here's What Analysts Think The Future Holds For Sunnova Energy International Inc. (NYSE:NOVA)

Mar 01
New Forecasts: Here's What Analysts Think The Future Holds For Sunnova Energy International Inc. (NYSE:NOVA)

Franklin home power storage solution to be part of Sunnova's Energy as a service portfolio

Feb 10

Is Sunnova Energy International (NYSE:NOVA) Using Too Much Debt?

Jan 14
Is Sunnova Energy International (NYSE:NOVA) Using Too Much Debt?

Sunnova Energy: A Bearish Setup Ahead Of Earnings And November Analyst Day

Oct 17

Is Sunnova Energy International (NYSE:NOVA) A Risky Investment?

Oct 03
Is Sunnova Energy International (NYSE:NOVA) A Risky Investment?

Sunnova Energy International Inc. (NYSE:NOVA) Shares Could Be 35% Below Their Intrinsic Value Estimate

Sep 06
Sunnova Energy International Inc. (NYSE:NOVA) Shares Could Be 35% Below Their Intrinsic Value Estimate

Sunnova Energy International prices upsized $500M of debt offering

Aug 17

Sunnova Energy: A Ray Of Legislative Sunshine

Aug 04

Sunnova brings solar and battery storage services to retail stores in Puerto Rico

Jul 26

Sunnova Energy International Inc.'s (NYSE:NOVA) Intrinsic Value Is Potentially 94% Above Its Share Price

May 26
Sunnova Energy International Inc.'s (NYSE:NOVA) Intrinsic Value Is Potentially 94% Above Its Share Price

Is Sunnova Energy International (NYSE:NOVA) Using Debt In A Risky Way?

Feb 14
Is Sunnova Energy International (NYSE:NOVA) Using Debt In A Risky Way?

Shareholder Returns

NOVAUS Renewable EnergyUS Market
7D28.3%-0.4%-0.6%
1Y-69.2%45.3%22.5%

Return vs Industry: NOVA underperformed the US Renewable Energy industry which returned 45.3% over the past year.

Return vs Market: NOVA underperformed the US Market which returned 22.5% over the past year.

Price Volatility

Is NOVA's price volatile compared to industry and market?
NOVA volatility
NOVA Average Weekly Movement19.0%
Renewable Energy Industry Average Movement7.7%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: NOVA's share price has been volatile over the past 3 months.

Volatility Over Time: NOVA's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20122,047John Bergerwww.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

How do Sunnova Energy International's earnings and revenue compare to its market cap?
NOVA fundamental statistics
Market capUS$647.18m
Earnings (TTM)-US$406.84m
Revenue (TTM)US$719.86m

1.0x

P/S Ratio

-1.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOVA income statement (TTM)
RevenueUS$719.86m
Cost of RevenueUS$335.13m
Gross ProfitUS$384.73m
Other ExpensesUS$791.57m
Earnings-US$406.84m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.28
Gross Margin53.45%
Net Profit Margin-56.52%
Debt/Equity Ratio334.5%

How did NOVA perform over the long term?

See historical performance and comparison
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