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

SMART Global Holdings Inc. (SGH) reported Q2 results, with earnings of 30 cents per share and an expected Q3 revenue of $300 million, missing estimates. Shares fell 7.4% in pre-market trading. Other stocks like DocGo Inc. (DCGO), DigiAsia Corp. (FAAS), Health Catalyst, Inc. (HCAT), Nano Dimension Ltd. (NNDM), Sunnova Energy International Inc. (NOVA), and Nordstrom, Inc. (JWN) also recorded losses in pre-market trading.

Portfolio Pulse from Avi Kapoor

April 10, 2024 | 9:57 am

Susquehanna analyst Biju Perincheril maintains a Positive rating on Sunnova Energy Intl (NOVA) but lowers the price target from $20 to $12.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 1:03 pm

Westport Fuel Systems Inc. (NASDAQ:WPRT) shares fell by approximately 10% after reporting a Q4 loss wider than expected. Other stocks experienced significant movements, with notable gainers including Stoke Therapeutics, Inc. (NASDAQ:STOK) and losers like Quhuo Limited (NASDAQ:QH). The movements were attributed to various factors including financial results, clinical trial data, and strategic agreements.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 5:45 pm

U.S. stocks were higher on Tuesday, with Tesla Inc (TSLA) seeing a 5.8% surge amid reports of Italy's interest in electric truck production with the company. Other stocks like Krispy Kreme (DNUT), McCormick & Company (MKC), and Praxis Precision Medicines (PRAX) also saw significant gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 2:36 pm

Sunnova Energy International Inc. (NOVA) shares rose after being named the exclusive national solar and battery storage services provider for The Home Depot, Inc. (HD). This partnership allows Sunnova to offer its services in over 2,000 Home Depot stores across the U.S. and its territories. Despite recent quarterly losses exceeding analyst expectations, the announcement has positively impacted NOVA's stock price, which increased by 13.3%. Investors can also gain exposure to NOVA through ProShares S&P Kensho Cleantech ETF (CTEX) and Neuberger Berman ETF Trust Neuberger Berman Carbon Transition Infrastructure ETF (NBCT).

Portfolio Pulse from Lekha Gupta

March 26, 2024 | 2:13 pm

Sunnova Energy International (NOVA) shares surged following the announcement that it will become the exclusive provider of solar and battery storage services in The Home Depot stores across the United States and its territories.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:53 am

Sunnova Energy International Inc. (NOVA) has been announced as the exclusive provider of solar and battery storage services in Home Depot stores throughout the United States and its territories. This partnership aims to expand the accessibility and adoption of renewable energy solutions among consumers.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:11 am

Janney Montgomery Scott analyst Thomas Meric upgraded Sunnova Energy Intl (NYSE:NOVA) from Neutral to Buy, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 3:11 pm

Worthington Steel, Inc. (WS) reported strong Q3 results, surpassing earnings and sales expectations, leading to an 18.8% stock price increase. Other stocks like Murano Global Investments PLC (MRNO), Summit Midstream Partners, LP (SMLP), and FedEx Corporation (FDX) also saw significant gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 2:08 pm

Guess?, Inc. (NYSE:GES) reported Q4 earnings surpassing estimates and declared a special dividend, leading to a 23.1% stock rise. Other stocks like Lufax Holding, Nortech Systems, and Micron Technology also saw significant gains following positive financial results or other favorable news. Notably, Micron Technology's strong Q2 results and Q3 guidance boosted its shares by 14.7%, while argenx SE surged 14.4% after competitors' data fell short.

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 5:58 pm

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