Streetbeat News

NOVA

Sunnova Energy International Inc.

https://www.sunnova.com

Industry

Solar

Sunnova Energy International Inc. provides residential energy services 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 diagnostics services. As of December 31, 2021, it operated a fleet of residential solar energy systems with a generation capacity of approximately 1,140 megawatts serving over 195,000 customers. Sunnova Energy International Inc. was incorporated in 2012 and is headquartered in Houston, Texas.

Open

3.56

Mkt cap

456M

Volume

21M

High

3.95

P/E Ratio

-1.08

52-wk high

16.36

Low

3.44

Div yield

N/A

52-wk low

3.25

The article highlights two oversold utility stocks, Sunnova Energy International Inc (NOVA) and VivoPower International PLC (VVPR), which may present buying opportunities. NOVA has been rated a Buy by Jefferies with a price target of $15, while VVPR has entered a significant agreement in the Philippines' jeepney market.

Portfolio Pulse from Avi Kapoor

October 14, 2024 | 11:51 am

Solar stocks are experiencing a downturn as Jefferies reduces its price target for First Solar from $271 to $266, potentially affecting other solar companies.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 3:31 pm

Jefferies has initiated coverage on Sunnova Energy Intl with a Buy rating and set a price target of $15.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 1:38 pm

Solar stocks are experiencing a rise in share prices following the Trump-Harris debate, where VP Harris expressed support for diverse energy sources.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 3:21 pm

The U.S. residential solar market is expected to rebound as Kamala Harris' election odds improve, benefiting companies like Enphase, SolarEdge, and Sunrun. The Invesco Solar ETF (TAN) saw a pre-market gain, reflecting optimism in the sector. Tax incentives and stable utility pricing are driving growth, though Europe faces challenges.

Portfolio Pulse from Surbhi Jain

September 11, 2024 | 3:08 pm

The Nasdaq 100 closed lower by 1% as investors focused on insider trades. Notable insider sales included Microsoft CEO Satya Nadella selling shares worth $6 million, Synaptics' Vikram Gupta selling shares post-earnings, Loews' Kenneth Siegel selling shares after a positive earnings report, and Sunnova Energy's William Berger selling shares following a price target increase by Morgan Stanley.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 1:01 pm

Fed Chair Jerome Powell's dovish speech at the Jackson Hole Symposium sparked a rally in interest rate-sensitive ETFs, including regional banks, solar, and home builders. The SPDR S&P Regional Banking ETF (KRE), Invesco Solar ETF (TAN), and iShares Home Construction ETF (ITB) saw significant gains as markets anticipate rate cuts.

Portfolio Pulse from Piero Cingari

August 23, 2024 | 7:39 pm

Two utility stocks, Sunnova Energy International Inc (NOVA) and FirstEnergy Corp (FE), are currently overbought according to their RSI values, indicating potential short-term price corrections. Analysts have adjusted their price targets for both stocks, with NOVA's target raised to $13 and FE's to $45.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 1:05 pm

Morgan Stanley analyst Andrew Percoco maintains an Equal-Weight rating on Sunnova Energy Intl (NYSE:NOVA) and raises the price target from $11 to $13.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 10:41 am

Piper Sandler analyst Kashy Harrison maintains a Neutral rating on Sunnova Energy Intl (NYSE:NOVA) and raises the price target from $7 to $8.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:11 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.