Fintel reports that on April 18, 2023, Keybanc maintained coverage of Sunnova Energy International (NYSE:NOVA) with a Overweight recommendation.
Analyst Price Forecast Suggests 117.89% Upside
As of April 6, 2023, the average one-year price target for Sunnova Energy International is $35.17. The forecasts range from a low of $17.17 to a high of $63.00. The average price target represents an increase of 117.89% from its latest reported closing price of $16.14.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Sunnova Energy International is $707MM, an increase of 26.70%. The projected annual non-GAAP EPS is -$1.26.
What are Other Shareholders Doing?
Sei Investments holds 125K shares representing 0.11% ownership of the company. In it's prior filing, the firm reported owning 118K shares, representing an increase of 6.23%. The firm decreased its portfolio allocation in NOVA by 13.34% over the last quarter.
DFSVX - U.s. Small Cap Value Portfolio - Institutional Class holds 403K shares representing 0.35% ownership of the company. In it's prior filing, the firm reported owning 208K shares, representing an increase of 48.29%. The firm increased its portfolio allocation in NOVA by 97.55% over the last quarter.
Pnc Financial Services Group holds 2K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 2K shares, representing an increase of 0.64%. The firm decreased its portfolio allocation in NOVA by 85.15% over the last quarter.
TLSTX - Stock Index Fund holds 2K shares representing 0.00% ownership of the company. No change in the last quarter.
JESIX - Small Cap Index Trust NAV holds 21K shares representing 0.02% ownership of the company. In it's prior filing, the firm reported owning 21K shares, representing an increase of 0.16%. The firm decreased its portfolio allocation in NOVA by 22.44% over the last quarter.
What is the Fund Sentiment?
There are 495 funds or institutions reporting positions in Sunnova Energy International.
This is a decrease
of
18
owner(s) or 3.51% in the last quarter.
Average portfolio weight of all funds dedicated to NOVA is 0.26%,
a decrease
of 11.66%.
Total shares owned by institutions decreased
in the last three months by 2.34% to 135,704K shares.
The put/call ratio of NOVA is 1.48, indicating a
bearish
outlook.
Sunnova Energy International Background Information
(This description is provided by the company.)
Sunnova Energy International Inc. (NYSE: NOVA) is a leading residential solar and energy storage service provider with customers across the U.S. states and its territories. Sunnova's goal is to be the leading provider of clean, affordable and reliable energy for consumers, and it operates with a simple mission: to power energy independence so homeowners have the freedom to live life uninterrupted™.
See all Sunnova Energy International regulatory filings.This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
