Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Sunnova Energy International Inc. (NOVA-N) has triggered its stop at $10, prompting the recommendation to cover the position. On the other hand, the company is expected to experience further growth as US solar panel installations hit an all-time high in 2023. Analysts at Piper Sandler recently upgraded the company, with growing cash reserves and aggressive debt retirement. The stock trades at 1.3x book value, and the analysts' price target is $19.81. The company seems to have potential, but the stop triggered at $10 raises concerns.

Consensus
Mixed
Valuation
Fair Value
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 28/23, Down 36.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with NOVA has triggered its stop at $10.  To remain disciplined, we recommend covering the position at this time.  

Energy
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

As US solar panel installations hit an all time high in 2023, further growth is expected as interest rates abate.  NOVA is a Texas-based residential solar and energy storage services company.  Analysts at Piper Sandler just upgraded the company.  Cash reserves are growing, while debt is aggressively retired.  It trades at 1.3x book value.  We recommend a stop-loss at $10, looking to achieve $20 -- upside potential of 25%.  Yield 0%

(Analysts’ price target is $19.81)
Energy
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Sunnova Energy International Inc.(NOVA-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Sunnova Energy International Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Sunnova Energy International Inc.(NOVA-N) Frequently Asked Questions

What is Sunnova Energy International Inc. stock symbol?

Sunnova Energy International Inc. is a American stock, trading under the symbol NOVA-N on the New York Stock Exchange (NOVA). It is usually referred to as NYSE:NOVA or NOVA-N

Is Sunnova Energy International Inc. a buy or a sell?

In the last year, 1 stock analyst published opinions about NOVA-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sunnova Energy International Inc..

Is Sunnova Energy International Inc. a good investment or a top pick?

Sunnova Energy International Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Sunnova Energy International Inc..

Why is Sunnova Energy International Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Sunnova Energy International Inc. worth watching?

1 stock analyst on Stockchase covered Sunnova Energy International Inc. In the last year. It is a trending stock that is worth watching.

What is Sunnova Energy International Inc. stock price?

On 2024-07-26, Sunnova Energy International Inc. (NOVA-N) stock closed at a price of $8.04.