Sunnova Energy International Inc., together with its subsidiaries, provides residential solar and energy storage services in the United States. The company offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and diagnostics services. It operates a fleet of residential solar energy systems with a generation capacity of approximately 790 megawatts serving approximately 107,000 customers. Sunnova Energy International Inc. was founded in 2012 and is headquartered in Houston, Texas.
IPO Year: 2019
Exchange: NYSE
Website: sunnova.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/5/2025 | $11.00 → $1.00 | Outperform → Neutral | Mizuho |
| 3/5/2025 | $9.00 → $1.00 | Overweight → Equal Weight | Barclays |
| 3/4/2025 | Buy → Neutral | Janney | |
| 3/4/2025 | $10.00 → $1.00 | Buy → Neutral | Goldman |
| 3/4/2025 | $5.00 → $0.65 | Buy → Neutral | UBS |
| 3/4/2025 | $4.00 → $0.50 | Equal Weight → Underweight | Wells Fargo |
| 3/3/2025 | Buy → Hold | Truist | |
| 3/3/2025 | Overweight → Neutral | Analyst | |
| 3/3/2025 | Buy → Neutral | ROTH MKM | |
| 3/3/2025 | $9.00 → $2.00 | Outperform → Neutral | Robert W. Baird |
8-K - Sunnova Energy International Inc. (0001772695) (Filer)
8-K - Sunnova Energy International Inc. (0001772695) (Filer)
8-K - Sunnova Energy International Inc. (0001772695) (Filer)
8-K - Sunnova Energy International Inc. (0001772695) (Filer)
8-K - Sunnova Energy International Inc. (0001772695) (Filer)
NT 10-Q - Sunnova Energy International Inc. (0001772695) (Filer)
8-K - Sunnova Energy International Inc. (0001772695) (Filer)
SCHEDULE 13G/A - Sunnova Energy International Inc. (0001772695) (Subject)
8-K - Sunnova Energy International Inc. (0001772695) (Filer)
10-K/A - Sunnova Energy International Inc. (0001772695) (Filer)
Mizuho downgraded Sunnova Energy from Outperform to Neutral and set a new price target of $1.00 from $11.00 previously
Barclays downgraded Sunnova Energy from Overweight to Equal Weight and set a new price target of $1.00 from $9.00 previously
Janney downgraded Sunnova Energy from Buy to Neutral
Goldman downgraded Sunnova Energy from Buy to Neutral and set a new price target of $1.00 from $10.00 previously
UBS downgraded Sunnova Energy from Buy to Neutral and set a new price target of $0.65 from $5.00 previously
Wells Fargo downgraded Sunnova Energy from Equal Weight to Underweight and set a new price target of $0.50 from $4.00 previously
Truist downgraded Sunnova Energy from Buy to Hold
Analyst downgraded Sunnova Energy from Overweight to Neutral
ROTH MKM downgraded Sunnova Energy from Buy to Neutral
Robert W. Baird downgraded Sunnova Energy from Outperform to Neutral and set a new price target of $2.00 from $9.00 previously
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
Sunnova Energy International Inc. ("Sunnova" or the "Company") (NYSE:NOVA), an industry-leading adaptive energy services company, today announced that it received a notice (the "Notice") from the New York Stock Exchange (the "NYSE") indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 (the "Form 10-Q") with the Securities and Exchange Commission (the "SEC"). The NYSE informed the Company that, under the NYSE's rules, the Company has six months from the original due date of the Form 10-Q, or until November 19, 2025, to file the F
Tony Horton and Jeffrey S. Stein Join Sunnova Board as Independent Directors Establishes Special Committee to Support Ongoing Capital Structure Initiatives Sunnova Energy International Inc. ("Sunnova" or the "Company") (NYSE:NOVA), an industry-leading adaptive energy services company, today announced the appointment of Tony Horton and Jeffrey S. Stein as independent Class I directors to its Board of Directors, effective April 11, 2025. Mr. Horton and Mr. Stein bring deep experience guiding companies through value maximizing capital structure transactions and periods of transformation. Their appointments underscore Sunnova's commitment to strong governance and enhancing the expertise of i
Sunnova Energy International Inc. (the "Company") (NYSE:NOVA) today announced that on April 1, 2025 it received a notification letter from the New York Stock Exchange ("NYSE") stating that the Company is not in compliance with the continued listing standards set forth in Rule 802.01C of the NYSE Listed Company Manual, which requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period (the "Notice"). The NYSE rules require the Company to notify the NYSE, within 10 business days of receipt of the Notice, of its intent to cure the share price deficiency. The Company has six months following the receipt of the Notice to cure th
Liska to Help Drive Go-Forward Financial and Operational Strategy Elects to Enter Grace Period for Interest Payment Due on 11.75% Senior Unsecured Notes Due 2028 Retains Experienced Advisor Team to Support Ongoing Capital Structure Discussions with Key Financial Partners Sunnova Energy International Inc. ("Sunnova" or the "Company"), an industry-leading adaptive energy services company, today announced a series of strategic actions to support its ongoing efforts to stabilize the Company's financial foundation and position the business for long-term success. To steward the Company into this next chapter, Sunnova appointed Robyn Liska as interim Chief Financial Officer, effective March 31
Board acts to preserve long-term shareholder value by adopting a Section 382 rights plan intended to protect potentially valuable tax assets Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA) announced today that its Board of Directors adopted a shareholder rights plan designed to protect long-term shareholder value by preserving the availability of Sunnova's net operating loss carryforwards ("NOLs") and other tax attributes under the Internal Revenue Code ("Tax Asset Preservation Plan"). As of December 31, 2024, Sunnova had approximately $1.4 billion of U.S. federal NOLs that could be available to offset its future federal taxable income. Sunnova's ability to use these NOLs woul
Company Accelerates Repositioning to Drive Profitable Growth and Improve Cash Generation William J. (John) Berger Steps Down Sunnova Energy International Inc. ("Sunnova" or the "Company") (NYSE:NOVA), an industry-leading adaptive energy services company, today announced that Paul Mathews, formerly Chief Operating Officer, has been appointed President and Chief Executive Officer, effective immediately. Mr. Mathews succeeds William J. (John) Berger, who is stepping down as Chairman, President and CEO. Mr. Berger will remain as an advisor for a period of time to assist with the transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/h
2024 and Recent Highlights Increased total cumulative solar power generation and energy storage under management to 3.0 gigawatts and 1,662 megawatt hours, respectively, as of December 31, 2024 Grew total cash by 11% to $548 million as of December 31, 2024 Announced a further optimization of operations estimated to reduce annual cash costs by $70 million Signed a $185 million non-recourse asset-based loan facility providing additional working capital, facility expected to close and fund in the coming days subject to customary closing conditions Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), a leading adaptive energy services company, today announced financial resu
Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), a leading adaptive energy services company, unveiled a solar and battery storage-integrated, Zero Energy Ready Home (ZERH) at VISION House® Las Vegas. Green Builder Media's VISION House series of demonstration projects are designed to advance a wide range of sustainability solutions, including solar and energy storage technologies, to empower homeowners with greater energy independence, resilience, and cost savings while bolstering grid resilience. VISION House Las Vegas, a groundbreaking project in collaboration with Green Builder® Media and Beazer Homes, illustrates how integrating solar, storage, and smart panels during a home's
Sunnova Energy International, Inc. ("Sunnova" or "the Company") (NYSE:NOVA), an industry-leading adaptive energy services company, today announced an optimization of its business aimed at streamlining its operations and prioritizing its highest-value customer segments to drive efficiency and higher cash generation. As part of this effort, the Company is reducing costs, primarily overhead, and optimizing its workforce through a reduction of nearly 300 positions, mostly within its commercial organization. These actions will reduce its workforce by more than 15%, contributing approximately $35 million towards total estimated annual cash savings of approximately $70 million, contributing to a
Sunnova Energy International, Inc. ("Sunnova") (NYSE:NOVA), an industry-leading adaptive energy services company, announced today a strategic partnership with OpenSolar, a software innovator empowering solar installers with the world's only free-of-charge solar design, sales, and project management platform. OpenSolar's industry-leading design software, including its automated AI design technology, is now available within the Sunnova Catalyst™ dealer platform. The collaboration underscores Sunnova's commitment to innovation, delivering cutting-edge solar and storage systems for homeowners and businesses. The partnership was announced at the annual Sunnova Summit, where industry leaders, i
Tony Horton and Jeffrey S. Stein Join Sunnova Board as Independent Directors Establishes Special Committee to Support Ongoing Capital Structure Initiatives Sunnova Energy International Inc. ("Sunnova" or the "Company") (NYSE:NOVA), an industry-leading adaptive energy services company, today announced the appointment of Tony Horton and Jeffrey S. Stein as independent Class I directors to its Board of Directors, effective April 11, 2025. Mr. Horton and Mr. Stein bring deep experience guiding companies through value maximizing capital structure transactions and periods of transformation. Their appointments underscore Sunnova's commitment to strong governance and enhancing the expertise of i
Liska to Help Drive Go-Forward Financial and Operational Strategy Elects to Enter Grace Period for Interest Payment Due on 11.75% Senior Unsecured Notes Due 2028 Retains Experienced Advisor Team to Support Ongoing Capital Structure Discussions with Key Financial Partners Sunnova Energy International Inc. ("Sunnova" or the "Company"), an industry-leading adaptive energy services company, today announced a series of strategic actions to support its ongoing efforts to stabilize the Company's financial foundation and position the business for long-term success. To steward the Company into this next chapter, Sunnova appointed Robyn Liska as interim Chief Financial Officer, effective March 31
Sunnova Energy International, Inc. ("Sunnova") (NYSE:NOVA), an industry-leading adaptive energy services company, announced today the appointment of Corbin J. Robertson, III, and Jeremy Thigpen as independent directors to its Board of Directors, effective September 23, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240925174205/en/Corbin J. Robertson, III (Photo: Business Wire) "Corby and Jeremy bring a wealth of global business, energy, and leadership experience to our Board, complementing our existing membership," said William J. (John) Berger, Chairman and Chief Executive Officer of Sunnova. "Both Corby and Jeremy have s
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, March 28, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sunnova Energy International Inc. ("Sunnova" or the "Company") (NYSE:NOVA) investors that an investigation has been filed on behalf of investors that purchased Sunnova securities. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses. On
Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), an industry-leading adaptive energy services company, announced today the appointment of Paul Mathews to Executive Vice President, Chief Operating Officer, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240226373072/en/(Photo: Business Wire) Mr. Mathews, who joined Sunnova in January 2023 as Executive Vice President, Service and Supply Chain, has demonstrated exceptional leadership in enhancing customer service and operational efficiencies. Under his leadership, Sunnova has significantly improved its customer service capabilities, resulting in a 75
Investors: Please contact the Portnoy Law Firm Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 21, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sunnova Energy International Inc. ("Sunnova" or the "Company") (NYSE:NOVA) investors that an investigation has been filed on behalf of investors that purchased Sunnova securities. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Jan. 23, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sunnova Energy International Inc. ("Sunnova" or the "Company") (NYSE:NOVA) investors that an investigation has been filed on behalf of investors that purchased Sunnova securities. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses. On
LOS ANGELES, Dec. 19, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sunnova Energy International Inc. ("Sunnova" or the "Company") (NYSE:NOVA) investors that a lawsuit has been filed on behalf of investors that purchased Sunnova securities Between December 12, 2018 and December 12, 2023. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses. On December 8, 2023, the stock of Sunnova Energy Corp
Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), one of the leading U.S. residential solar and storage service providers, announced today the appointment of Mary Yang as an independent Class III director of the Company's Board of Directors effective Wednesday, October 13th, 2021. Yang has more than 25 years of experience in technology through a career focused on advising companies on strategic investments, alliance opportunities and global M&A activity. The addition of Yang to the Board of Directors brings the total number of directors to ten. "Mary's strategic insights and deep experience in high-growth global technology businesses will complement Sunnova's focus on accelerating
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (NYSE: NOVA) announced today the appointment of Akbar Mohamed, President of Prime Communications, LP, the largest AT&T authorized retailer in the United States, as an independent Class III director of the Company's Board of Directors effective Wednesday, December 23rd, 2020. “Akbar is a highly accomplished entrepreneur and leader in his field who brings to Sunnova operational and strategic horsepower,” said William J. (John) Berger, Chief Executive Officer of Sunnova. “With his in-depth understanding of the dealer model through his experience building the largest AT&T dealer business in the United States, Akbar will be a
Board acts to preserve long-term shareholder value by adopting a Section 382 rights plan intended to protect potentially valuable tax assets Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA) announced today that its Board of Directors adopted a shareholder rights plan designed to protect long-term shareholder value by preserving the availability of Sunnova's net operating loss carryforwards ("NOLs") and other tax attributes under the Internal Revenue Code ("Tax Asset Preservation Plan"). As of December 31, 2024, Sunnova had approximately $1.4 billion of U.S. federal NOLs that could be available to offset its future federal taxable income. Sunnova's ability to use these NOLs woul
Sunnova Energy International, Inc. ("Sunnova" or "the Company") (NYSE:NOVA), an industry-leading adaptive energy services company, today announced an optimization of its business aimed at streamlining its operations and prioritizing its highest-value customer segments to drive efficiency and higher cash generation. As part of this effort, the Company is reducing costs, primarily overhead, and optimizing its workforce through a reduction of nearly 300 positions, mostly within its commercial organization. These actions will reduce its workforce by more than 15%, contributing approximately $35 million towards total estimated annual cash savings of approximately $70 million, contributing to a
Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), a leading adaptive energy services company, announced today it will release its fourth quarter and full year 2024 results before the market opens on March 3, 2025. Management will host a conference call at 8:00am Eastern Time on March 3, 2025, to discuss these results. The conference call can be accessed live over the phone by dialing 404-975-4839 or 833-470-1428. The access code for the live call is 601536. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of Sunnova's website at https://investors.sunnova.com. About Sunnova
Third Quarter 2024 and Recent Highlights Cash generation guidance of $100 million for 2024, $350 million for 2025, and $400 million for 2026 maintained Revenue of $235.3 million increased 19% from the third quarter of 2023 Monthly weighted average investment tax credit rate on origination of 40.7% in September 2024, increased to 42.2% in October 2024 Total cumulative solar power generation under management increased to 2.9 gigawatts and megawatt hours of energy storage under management increased to 1,556 as of September 30, 2024 Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), a leading adaptive energy services company, today announced financial results for the third qua
Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), a leading adaptive energy services company, announced today it will release its third quarter 2024 results after the markets close on October 30, 2024, to be followed by a conference call to discuss the results at 8:00 a.m. Eastern Time on October 31, 2024. The conference call can be accessed live over the phone by dialing 833-470-1428 or 404-975-4839. The access code for the live call is 433996. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of Sunnova's website at https://investors.sunnova.com. About Sunnova Sunnova Energy In
Second Quarter 2024 and Recent Highlights Unrestricted cash increased by $21.5 million in the second quarter of 2024 161 megawatts of solar power generation and 284 megawatt hours of energy storage under management added in the second quarter of 2024 Total cumulative solar power generation under management increased to 2.8 gigawatts and megawatt hours of energy storage under management increased to 1,439 as of June 30, 2024 Increased cash generation guidance to $100 million in 2024, $350 million in 2025, and $400 million in 2026 Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), a leading adaptive energy services company, today announced financial results for the seco
Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), a leading adaptive energy services company, announced today it will release its second quarter 2024 results after the markets close on July 31, 2024, to be followed by a conference call to discuss the results at 8:00 a.m. Eastern Time on August 1, 2024. The conference call can be accessed live over the phone by dialing 833-470-1428 or 404-975-4839. The access code for the live call is 049171. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of Sunnova's website at https://investors.sunnova.com. About Sunnova Sunnova Energy Int
First Quarter 2024 Highlights Deployed 27,000 customers in the first quarter of 2024; bringing total customer count to 438,500 as of March 31, 2024; Total Adjusted Operating Expense decreased in the first quarter of 2024 compared to the prior quarter; Unrestricted Cash increased $18.9 million in the first quarter of 2024 compared to the prior quarter; and Selected as exclusive national solar and battery storage services provider for The Home Depot. Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), a leading adaptive energy services company, today announced financial results for the first quarter ended March 31, 2024. "Our team is squarely focused on increasing our
Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), a leading adaptive energy services company, announced today it will release its first quarter 2024 results after the markets close on May 1, 2024, to be followed by a conference call to discuss the results at 8:00 a.m. Eastern Time on May 2, 2024. The conference call can be accessed live over the phone by dialing 833-470-1428 (toll-free) or 404-975-4839. The access code for the live call is 282028. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of Sunnova's website at https://investors.sunnova.com. About Sunnova Sunnova Ener
Fourth Quarter 2023 and Recent Highlights Deployed over 34,000 customers in the fourth quarter; bringing total customer count to 419,200 as of December 31, 2023; Increased single customer economics as expressed through fully burdened unlevered return; Continued to execute a cost reduction plan for 2024 enhancing cash generation; and Initiated 2025 cash generation guidance between $200 million and $500 million. Sunnova Energy International Inc. ("Sunnova") (NYSE:NOVA), a leading adaptive energy services company, today announced financial results for the fourth quarter and full year ended December 31, 2023. "In 2023, Sunnova demonstrated good performance across its operations
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
3 - Sunnova Energy International Inc. (0001772695) (Issuer)
3 - Sunnova Energy International Inc. (0001772695) (Issuer)
3 - Sunnova Energy International Inc. (0001772695) (Issuer)
3 - Sunnova Energy International Inc. (0001772695) (Issuer)
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
3 - Sunnova Energy International Inc. (0001772695) (Issuer)
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
4 - Sunnova Energy International Inc. (0001772695) (Issuer)
SC 13G - Sunnova Energy International Inc. (0001772695) (Subject)
SC 13G - Sunnova Energy International Inc. (0001772695) (Subject)
SC 13G/A - Sunnova Energy International Inc. (0001772695) (Subject)
SC 13G - Sunnova Energy International Inc. (0001772695) (Subject)
SC 13G/A - Sunnova Energy International Inc. (0001772695) (Subject)
SC 13D/A - Sunnova Energy International Inc. (0001772695) (Subject)
SC 13G - Sunnova Energy International Inc. (0001772695) (Subject)
SC 13G - Sunnova Energy International Inc. (0001772695) (Subject)
SC 13G/A - Sunnova Energy International Inc. (0001772695) (Subject)
SC 13G/A - Sunnova Energy International Inc. (0001772695) (Subject)