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

Analyst price target for NOVA

Based on 13 analysts offering 12 month price targets for Sunnova Energy International Inc.
Min Forecast
$4.50-13.79%
Avg Forecast
$11.81+126.21%
Max Forecast
$24.00+359.77%

Should I buy or sell NOVA stock?

Based on 13 analysts offering ratings for Sunnova Energy International Inc.
Buy
Strong Buy
6 analysts 46.15%
Buy
3 analysts 23.08%
Hold
4 analysts 30.77%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NOVA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-21
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-04-30
ScotiaBank
Bottom 8%
8
BuyMaintains$10.00+91.57%2024-04-29
B. Riley Securities
Bottom 2%
2
Strong BuyMaintains$15.00+187.36%2024-04-22
Mizuho
Bottom 3%
3
Strong BuyMaintains$17.00+225.67%2024-04-19
Wells Fargo
Top 28%
73
HoldDowngrades$6.00+14.94%2024-04-19
Goldman Sachs
Bottom 3%
3
Strong BuyMaintains$12.00+129.89%2024-04-11

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Forecast return on equity

Is NOVA forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
27.86%

Forecast return on assets

Is NOVA forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

NOVA revenue forecast

What is NOVA's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$903.4M+25.5%
Avg 2 year Forecast
$1.2B+60.96%
Avg 3 year Forecast
$1.4B+100.88%
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
25.79%
Industry
17.61%
Market
9.64%
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$5.22$11.81+126.21%Buy
SPWR$3.34$3.41+2.16%Sell
SMXT$6.13N/AN/A
ZEO$4.66N/AN/A
MAXN$1.88$5.46+190.32%Hold

Sunnova Energy International Stock Forecast FAQ

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

The consensus among 13 Wall Street analysts covering (NYSE: NOVA) stock is to Buy NOVA stock.

Out of 13 analysts, 6 (46.15%) are recommending NOVA as a Strong Buy, 3 (23.08%) are recommending NOVA as a Buy, 4 (30.77%) 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 revenue growth forecast for 2024-2026?

(NYSE: NOVA) Sunnova Energy International's forecast annual revenue growth rate of 25.79% is forecast to beat the US Solar industry's average forecast revenue growth rate of 17.61%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.64%.

Sunnova Energy International's revenue in 2024 is $719,861,000.On average, 12 Wall Street analysts forecast NOVA's revenue for 2024 to be $112,004,045,211, with the lowest NOVA revenue forecast at $91,746,432,840, and the highest NOVA revenue forecast at $130,999,028,296. On average, 10 Wall Street analysts forecast NOVA's revenue for 2025 to be $143,657,928,339, with the lowest NOVA revenue forecast at $111,211,554,402, and the highest NOVA revenue forecast at $165,007,199,279.

In 2026, NOVA is forecast to generate $179,280,092,651 in revenue, with the lowest revenue forecast at $171,962,570,742 and the highest revenue forecast at $190,559,820,642.

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

(NYSE: NOVA) forecast ROA is N/A, which is lower than the forecast US Solar industry average of N/A.

What is NOVA's Price Target?

According to 13 Wall Street analysts that have issued a 1 year NOVA price target, the average NOVA price target is $11.81, with the highest NOVA stock price forecast at $24.00 and the lowest NOVA stock price forecast at $4.50.

On average, Wall Street analysts predict that Sunnova Energy International's share price could reach $11.81 by May 21, 2025. The average Sunnova Energy International stock price prediction forecasts a potential upside of 126.21% from the current NOVA share price of $5.22.

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

(NYSE: NOVA) forecast ROE is N/A, which is considered weak.
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