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

4.07

Mkt cap

469M

Volume

17M

High

4.34

P/E Ratio

-1.11

52-wk high

16.36

Low

3.73

Div yield

N/A

52-wk low

2.99

Wall Street is focused on Nvidia's upcoming Q4 earnings amid a tech selloff and concerns over Federal Reserve's future interest rate decisions. Tuesday's market downturn was influenced by mixed retail earnings, Nvidia earnings anxiety, and a decline in the leading economic index. Futures and specific stocks like Palo Alto Networks showed premarket declines, while the market anticipates Fed minutes and speeches for interest rate clues. Notable companies are scheduled for earnings reports, affecting stock movements.

Portfolio Pulse from Shanthi Rexaline

February 21, 2024 | 11:51 am

The article lists companies scheduled to report their earnings on February 21, 2024, including their expected earnings per share and revenue. It covers a wide range of industries and includes both companies expected to report profits and losses.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 10:09 am

Sunnova Energy Intl (NYSE:NOVA) is scheduled to release its quarterly earnings report on February 21, 2024, with an estimated EPS of $-0.18. Despite past earnings misses, the company's stock price has shown volatility post-earnings announcements. Shares are currently trading at $11.27, reflecting a 34.64% decline over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 4:01 pm

B. Riley Securities analyst Christopher Souther has maintained a Buy rating on Sunnova Energy Intl (NOVA) but lowered the price target from $25 to $21.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 8:20 pm

Air Products and Chemicals, Inc. (APD) shares fell by around 15% after reporting Q1 financial results below expectations and lowering FY24 EPS guidance. Other stocks showed significant movements, with notable gainers including Yield10 Bioscience (YTEN) and 4D Molecular Therapeutics (FDMT), and losers like NanoString Technologies (NSTG) and DMK Pharmaceuticals (DMK) due to bankruptcy proceedings.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 5:56 pm

Boeing reported a Q4 revenue increase of 10% to $22.02 billion, surpassing estimates and an adjusted loss per share of 47 cents, beating expectations. Shares rose 4.7%. Other stocks also moved higher: Powell Industries surged 49% post strong results and dividend raise; Plug Power jumped 17.8% after an upgrade; DocGo rose 15.8% on a buyback program; Ashland gained 14.5% on mixed results and guidance; and Stryker increased 5.8% after beating Q4 expectations. Various companies like Automatic Data Processing, LendingClub, and Teva Pharmaceutical also saw gains following positive earnings reports or guidance.

Portfolio Pulse from Avi Kapoor

January 31, 2024 | 4:02 pm

Truist Securities analyst Jordan Levy has upgraded Sunnova Energy International (NOVA) from Hold to Buy and increased the price target from $10 to $18.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 10:51 am

Susquehanna analyst Biju Perincheril downgraded Plug Power Inc (PLUG) and SunPower Corporation (SPWR), citing financing concerns and slow recovery respectively. PLUG was downgraded to Neutral with a price target of $4.50 due to delays in green hydrogen production facility buildout and securing funding, leading to reduced revenue and EPS forecasts. SPWR was downgraded to Neutral with a price target of $4.00 due to slow recovery in California and financial position concerns, resulting in lowered customer additions and EBITDA forecasts. PLUG shares fell by 7.30% and SPWR shares by 8.10%.

Portfolio Pulse from Nabaparna Bhattacharya

January 11, 2024 | 8:34 pm

Mizuho analyst Maheep Mandloi reaffirmed a Buy rating on Sunnova Energy Intl (NYSE:NOVA) and increased the price target from $20 to $25, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 6:54 pm

Compugen Ltd. (CGEN) shares soared by over 200% after Gilead Sciences announced an exclusive licensing agreement for Compugen's pre-clinical immunotherapy program. Other stocks also moved significantly in Tuesday's mid-day session, with various companies experiencing gains due to positive developments such as FDA approvals, business accreditations, and favorable analyst upgrades. Conversely, some stocks fell sharply due to negative events like pricing of public offerings, discontinuation of joint development programs, and unfavorable patent litigation outcomes.

Portfolio Pulse from Avi Kapoor

December 19, 2023 | 6:34 pm

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