Sunnova Energy International Inc [NYSE: NOVA] plunged by -$0.03 during the normal trading session on while it closed the day at $0.25.
Sunnova Energy International Inc stock has also loss -14.79% of its value over the past 7 days. However, NOVA stock has declined by -92.42% in the 3 months of the year. Over the past six months meanwhile, it has lost -96.15% and lost -92.71% year-on date.
The market cap for NOVA stock reached $31.27 million, with 125.07 million shares outstanding and 115.23 million shares in the current float. Compared to the average trading volume of 19.48M shares, NOVA reached a trading volume of 9605765 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Sunnova Energy International Inc [NOVA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NOVA shares is $0.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NOVA stock is a recommendation set at 3.24. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Mizuho have made an estimate for Sunnova Energy International Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 05, 2025. While these analysts kept the previous recommendation, Barclays dropped their target price from $9 to $1. The new note on the price target was released on March 05, 2025, representing the official price target for Sunnova Energy International Inc stock. Previously, the target price had yet another drop from $4 to $0.50, while Wells Fargo kept a Underweight rating on NOVA stock. On March 04, 2025, analysts decreased their price target for NOVA shares from 5 to 0.65.
The Average True Range (ATR) for Sunnova Energy International Inc is set at 0.09, with the Price to Sales ratio for NOVA stock in the period of the last 12 months amounting to 0.04. The Price to Book ratio for the last quarter was 0.02, with the Price to Cash per share for the same quarter was set at 2.31.
NOVA stock trade performance evaluation
Sunnova Energy International Inc [NOVA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.79. With this latest performance, NOVA shares dropped by -20.89% in over the last four-week period, additionally sinking by -96.15% over the last 6 months – not to mention a drop of -94.39% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NOVA stock in for the last two-week period is set at 26.45, with the RSI for the last a single of trading hit 28.11, and the three-weeks RSI is set at 26.73 for Sunnova Energy International Inc [NOVA]. The present Moving Average for the last 50 days of trading for this stock 1.0199, while it was recorded at 0.2749 for the last single week of trading, and 5.0820 for the last 200 days.
Sunnova Energy International Inc [NOVA]: An insightful look at the core fundamentals
Sunnova Energy International Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.68 and a Current Ratio set at 0.78.
Earnings per share (EPS) analysis for Sunnova Energy International Inc [NOVA] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NOVA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sunnova Energy International Inc go to 5.58%.
Sunnova Energy International Inc [NOVA]: Institutional Ownership
There are presently around $108.25%, or 111.17%% of NOVA stock, in the hands of institutional investors. The top three institutional holders of NOVA stocks are: BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. with ownership of 14.14 million shares, which is approximately 11.3832%. BLACKROCK INC., holding 13.24 million shares of the stock with an approximate value of $$73.9 million in NOVA stocks shares; and BLACKROCK INC., currently with $$60.14 million in NOVA stock with ownership which is approximately 8.7707%.
