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NYSE: NOVA
Sunnova Energy International Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for NOVA

Based on 15 analysts offering 12 month price targets for Sunnova Energy International Inc.
Min Forecast
$6.00-42.69%
Avg Forecast
$12.27+17.16%
Max Forecast
$17.00+62.37%

Should I buy or sell NOVA stock?

Based on 15 analysts offering ratings for Sunnova Energy International Inc.
Buy
Strong Buy
7 analysts 46.67%
Buy
4 analysts 26.67%
Hold
4 analysts 26.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their NOVA stock forecasts and price targets.

NOVA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-21
lockedlocked$00.00+00.00%2024-08-12
lockedlocked$00.00+00.00%2024-08-06
lockedlocked$00.00+00.00%2024-08-06
lockedlocked$00.00+00.00%2024-08-05
Goldman Sachs
Bottom 9%
9
Strong BuyMaintains$13.00+24.16%2024-08-02
Baird
Top 18%
83
BuyMaintains$14.00+33.72%2024-08-02
Truist Securities
Bottom 3%
3
Strong BuyMaintains$12.00+14.61%2024-08-02
Susquehanna
Bottom 4%
4
Strong BuyMaintains$14.00+33.72%2024-08-02
Guggenheim
Top 4%
97
Strong BuyMaintains$10.00-4.49%2024-07-26

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Forecast return on equity

Is NOVA forecast to generate an efficient return?
Company
0.93%
Industry
51.96%
Market
58.96%
NOVA's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NOVA forecast to generate an efficient return on assets?
Company
0.13%
Industry
23.22%
NOVA is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NOVA earnings per share forecast

What is NOVA's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
-$1.80
Avg 2 year Forecast
-$2.07
Avg 3 year Forecast
-$1.66

NOVA revenue forecast

What is NOVA's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$870.7M+12.62%
Avg 2 year Forecast
$1.1B+44%
Avg 3 year Forecast
$1.4B+79.55%
NOVA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NOVA revenue growth forecast

How is NOVA forecast to perform vs Solar companies and vs the US market?
Company
21.27%
Industry
19.34%
Market
9.31%
NOVA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NOVA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NOVA vs Solar Stocks

TickerPricePrice TargetUp/downsideConsensus
NOVA$10.47$12.27+17.16%Buy
SEDG$19.49$44.81+129.91%Hold
ARRY$6.38$13.25+107.68%Buy
SHLS$5.65$9.43+66.88%Buy
JKS$17.63$22.67+28.57%Sell
View Top Solar Stocks

Sunnova Energy International Stock Forecast FAQ

Is Sunnova Energy International Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: NOVA) stock is to Buy NOVA stock.

Out of 15 analysts, 7 (46.67%) are recommending NOVA as a Strong Buy, 4 (26.67%) are recommending NOVA as a Buy, 4 (26.67%) are recommending NOVA as a Hold, 0 (0%) are recommending NOVA as a Sell, and 0 (0%) are recommending NOVA as a Strong Sell.

If you're new to stock investing, here's how to buy Sunnova Energy International stock.

What is NOVA's earnings growth forecast for 2024-2026?

(NYSE: NOVA) Sunnova Energy International's forecast annual earnings growth rate of N/A is not forecast to beat the US Solar industry's average forecast earnings growth rate of 41.61%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.02%.

Sunnova Energy International's earnings in 2024 is -$353,800,000.On average, 10 Wall Street analysts forecast NOVA's earnings for 2024 to be -$225,055,692, with the lowest NOVA earnings forecast at -$304,669,268, and the highest NOVA earnings forecast at -$121,568,032. On average, 8 Wall Street analysts forecast NOVA's earnings for 2025 to be -$258,182,232, with the lowest NOVA earnings forecast at -$424,539,144, and the highest NOVA earnings forecast at -$141,096,833.

In 2026, NOVA is forecast to generate -$207,274,994 in earnings, with the lowest earnings forecast at -$417,047,276 and the highest earnings forecast at -$112,378,009.

What is NOVA's revenue growth forecast for 2024-2026?

(NYSE: NOVA) Sunnova Energy International's forecast annual revenue growth rate of 21.27% is forecast to beat the US Solar industry's average forecast revenue growth rate of 19.34%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.31%.

Sunnova Energy International's revenue in 2024 is $773,081,000.On average, 9 Wall Street analysts forecast NOVA's revenue for 2024 to be $108,714,110,926, with the lowest NOVA revenue forecast at $100,753,127,933, and the highest NOVA revenue forecast at $113,681,218,906. On average, 8 Wall Street analysts forecast NOVA's revenue for 2025 to be $139,004,729,093, with the lowest NOVA revenue forecast at $125,276,506,698, and the highest NOVA revenue forecast at $151,647,879,383.

In 2026, NOVA is forecast to generate $173,316,482,137 in revenue, with the lowest revenue forecast at $158,300,657,492 and the highest revenue forecast at $180,849,929,240.

What is NOVA's forecast return on assets (ROA) for 2024-2027?

(NYSE: NOVA) forecast ROA is 0.13%, which is lower than the forecast US Solar industry average of 23.22%.

What is NOVA's Price Target?

According to 15 Wall Street analysts that have issued a 1 year NOVA price target, the average NOVA price target is $12.27, with the highest NOVA stock price forecast at $17.00 and the lowest NOVA stock price forecast at $6.00.

On average, Wall Street analysts predict that Sunnova Energy International's share price could reach $12.27 by Aug 21, 2025. The average Sunnova Energy International stock price prediction forecasts a potential upside of 17.16% from the current NOVA share price of $10.47.

What is NOVA's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: NOVA) Sunnova Energy International's current Earnings Per Share (EPS) is -$2.93. On average, analysts forecast that NOVA's EPS will be -$1.80 for 2024, with the lowest EPS forecast at -$2.44, and the highest EPS forecast at -$0.97. On average, analysts forecast that NOVA's EPS will be -$2.07 for 2025, with the lowest EPS forecast at -$3.40, and the highest EPS forecast at -$1.13. In 2026, NOVA's EPS is forecast to hit -$1.66 (min: -$3.34, max: -$0.90).

What is NOVA's forecast return on equity (ROE) for 2024-2027?

(NYSE: NOVA) forecast ROE is 0.93%, which is considered weak.
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