Form 10-K Sunnova Energy Internati For: Dec 31

Go back to Form 10-K Sunnova Energy Internati For: Dec 31

Sunnova (NOVA) PT Lowered to $0.85 at Morgan Stanley

March 4, 2025 4:29 PM EST

Morgan Stanley analyst Andrew Percoco lowered the price target on Sunnova (NYSE: NOVA) to $0.85 (from $6.00) while maintaining a Equalweight rating.

The analyst comments "NOVA issued a going concern warning following weaker than expected cash generation and an uncertain market outlook. We... More

Mizuho Downgrades Sunnova (NOVA) to Neutral

March 4, 2025 4:02 PM EST

Mizuho analyst Maheep Mandloi downgraded Sunnova (NYSE: NOVA) from Outperform to Neutral with a price target of $1.00.

The analyst comments "We reduce our PT to $1, which we now base on run down valuation of levered cash flows assuming a 15% yield, net... More

Jefferies Reiterates Hold Rating on Sunnova (NOVA)

March 4, 2025 5:44 AM EST

Jefferies analyst Julien Dumoulin-Smith reiterated a Hold rating and $2.00 price target on Sunnova (NYSE: NOVA).

The analyst comments "NOVA reported 4Q earnings, delivering $2mm of cash gen vs. guide of ~$100mm. Cash gen miss was overlooked relative to the added 'going concern'... More

Sunnova (NOVA) PT Lowered to $0.85 at BMO Capital

March 4, 2025 4:36 AM EST

BMO Capital analyst Ameet Thakkar lowered the price target on Sunnova (NYSE: NOVA) to $0.85 (from $4.00) while maintaining a Market Perform rating.

The analyst comments "Uncertainty for residential solar industry is increasing, even excluding potential fate of IRA. NOVA in our view missed an... More