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Analyst Conclusion: 13 Experts’ Views on Sunnova Energy Intl – Sunnova Energy Intl (NYSE:NOVA)

13 analysts have various opinions on Sunnova Energy Intl Rising Star Over the past quarter, a variety of views ranging from bullish to bearish have been offered.

The table below provides a quick overview of their recent ratings, highlighting changes in sentiment over the past 30 days and comparing them to previous months.

bullish somewhat bullish indifferent A bit bearish Bearish
total ratings 2 3 8 0 0
last 30 days 0 0 1 0 0
1 million years ago 1 1 2 0 0
2M ago 0 0 2 0 0
3M ago 1 2 3 0 0

Analysts provided further insight with their assessment of 12-month price targets, showing an average target of $7.71, with a high estimate of $12.00 and a low estimate of $4.00. The current average price represents a 31.95% decrease from the previous average price target of $11.33.

Interpreting analyst ratings: A closer look

A comprehensive review of how financial experts view Sunnova Energy Intl following recent analyst action. Here’s a detailed summary of the leading analysts, their most recent assessments, and ratings and price target changes.

analyst Analyst Company action taken grade Current price target Previous price target
Biju Perincheril Susquehanna reduce neutral $4.50 $14.00
Pranes Satish Wells Fargo reduce Equal weight $4.00 $8.00
Jeff Osborne TD Cowan declare catch $5.00
Ben Carlo Baird reduce Outperform $9.00 $12.00
Brian Lee Goldman Sachs reduce purchase $11.00 $12.00
Kawhi Harrison Piper Sandler reduce neutral $4.50 $8.00
Andrew Percoco Morgan Stanley reduce Equal weight $6.00 $12.00
Amit Thakar BMO Capital reduce market performance $8.00 $10.00
Colleen Blanchard Deutsche Bank reduce catch $6.25 $9.00
Ben Carlo Baird reduce Outperform $12.00 $18.00
Vikram Bagri Citigroup reduce purchase $10.00 $12.00
Christine Cho barclays bank reduce overweight $10.00 $12.00
Amit Thakar BMO Capital improve market performance $10.00 $9.00

Key insights:

  • Action taken: Analysts frequently update their recommendations based on changing market conditions and company performance. Whether they “maintain,” “raise,” or “lower” their stance reflects their reaction to the latest developments related to Sunnova Energy Intl. This information provides a snapshot of how analysts view a company’s current situation.
  • grade: Analysts provide qualitative insights into a stock’s performance (ranging from “outperform” to “underperform”) by revealing insights. These ratings convey expectations for Sunnova Energy Intl’s relative performance compared to the broader market.
  • Price target: Analysts set price targets as estimates of a stock’s future value. Comparing current and previous price targets can provide insight into how analyst expectations have changed over time. This information can be valuable to investors looking for a consensus view of a stock’s potential future performance.

Gain valuable insights into Sunnova Energy Intl’s market position by understanding these analyst reviews, along with related financial metrics. Stay informed and make strategic decisions with our ratings tables.

Stay up to date with Sunnova Energy Intl analyst ratings.

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Exploring Sunnova Energy Intl: A Closer Look

Sunnova Energy International Inc is a residential solar and energy storage service provider company. It provides services such as operation and maintenance, monitoring, repair and replacement, equipment upgrades, and on-site power optimization. The group’s products and services include add-on battery storage, home solar protection plans, new solar battery storage and a variety of other solar systems. It operates in a single reportable segment: Solar Products and Services.

Dive deeper into Sunnova Energy Intl’s financial health

Market value view: The company’s market capitalization is lower than the industry average, indicating a relatively small size compared to its peers. This positioning may be influenced by factors such as perceived growth potential or scale of operations.

Positive revenue trends: An examination of Sunnova Energy Intl’s financial position over the three months shows a positive picture. The company achieved impressive revenue growth rates 18.6% As of September 30, 2024, revenue has grown significantly. Compared to its industry peers, the company’s growth rate is higher than the average among its peers in the Utilities industry.

net income: Sunnova Energy Intl’s net profit margin is lower than the industry average, indicating challenges in achieving strong profitability. Net profit is -52.1%, Companies may face barriers to effective cost management.

Return on Equity (ROE): Sunnova Energy Intl’s ROE is lower than industry standards, indicating that it has difficulty in effectively utilizing its equity capital. The return on equity is -6.96%, Companies may encounter challenges in providing satisfactory returns to shareholders.

Return on assets (ROA): The company’s return on assets is below industry benchmarks, suggesting it may have difficulty utilizing its assets efficiently. ROA is -0.96%, Companies may need to address challenges to obtain satisfactory returns from their assets.

Debt Management: High debt to equity ratio 4.63Sunnova Energy Intl faces challenges in effectively managing debt levels, which points to underlying financial stress.

How are analyst ratings determined?

In banking and financial systems, analysts specialize in reporting on specific stocks or specific industries. Their jobs include participating in company calls and meetings, studying company financial statements, and communicating with insiders to issue “analyst ratings” for stocks. Analysts typically evaluate and rate each stock on a quarterly basis.

Some analysts will also provide forecasts on metrics such as growth expectations, earnings and revenue to provide further guidance for the stock. Investors who use analyst ratings should note that these professional recommendations come from humans and are subject to error.

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This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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