Roth Capital Has Negative Forecast for NOVA Q1 Earnings

Sunnova Energy International Inc. (NYSE:NOVA) – Analysts at Roth Capital decreased their Q1 2025 EPS estimates for shares of Sunnova Energy International in a report issued on Monday, March 3rd. Roth Capital analyst P. Shen now anticipates that the company will post earnings of ($0.94) per share for the quarter, down from their previous forecast of ($0.55). Roth Capital currently has a “Hold” rating on the stock. The consensus estimate for Sunnova Energy International’s current full-year earnings is ($2.63) per share. Roth Capital also issued estimates for Sunnova Energy International’s Q2 2025 earnings at ($0.77) EPS, Q3 2025 earnings at ($0.71) EPS, Q4 2025 earnings at ($0.86) EPS, FY2025 earnings at ($3.28) EPS, Q1 2026 earnings at ($1.15) EPS, Q2 2026 earnings at ($1.04) EPS, Q3 2026 earnings at ($0.98) EPS, Q4 2026 earnings at ($1.18) EPS and FY2026 earnings at ($4.35) EPS.

Sunnova Energy International (NYSE:NOVA) last posted its earnings results on Monday, March 3rd. The company reported ($2.96) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.79) by ($2.17). Sunnova Energy International had a negative net margin of 51.02% and a negative return on equity of 11.15%. The firm had revenue of $224.13 million during the quarter, compared to analyst estimates of $235.85 million. During the same quarter in the prior year, the firm earned $0.37 earnings per share.

A number of other research firms have also recently weighed in on NOVA. Royal Bank of Canada reduced their price objective on shares of Sunnova Energy International from $5.00 to $0.75 and set a “sector perform” rating for the company in a research report on Tuesday. Janney Montgomery Scott cut shares of Sunnova Energy International from a “buy” rating to a “neutral” rating and set a $1.00 price objective for the company. in a research report on Tuesday. BMO Capital Markets reduced their price objective on shares of Sunnova Energy International from $4.00 to $0.85 and set a “market perform” rating for the company in a research report on Tuesday. Baird R W cut shares of Sunnova Energy International from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, BNP Paribas cut shares of Sunnova Energy International from a “neutral” rating to an “underperform” rating and set a $3.50 price objective for the company. in a research report on Friday, November 8th. Two research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Sunnova Energy International has a consensus rating of “Hold” and a consensus target price of $5.39.

Sunnova Energy International Stock Performance

NOVA opened at $0.52 on Thursday. The company has a debt-to-equity ratio of 3.26, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a fifty day moving average price of $2.63 and a 200 day moving average price of $5.45. Sunnova Energy International has a 1 year low of $0.47 and a 1 year high of $13.00. The stock has a market cap of $64.85 million, a P/E ratio of -0.15 and a beta of 2.64.

Institutional Investors Weigh In On Sunnova Energy International

A number of hedge funds have recently modified their holdings of the company. First Trust Direct Indexing L.P. grew its holdings in shares of Sunnova Energy International by 11.6% in the third quarter. First Trust Direct Indexing L.P. now owns 19,373 shares of the company’s stock valued at $189,000 after purchasing an additional 2,016 shares during the period. International Assets Investment Management LLC boosted its stake in Sunnova Energy International by 37,400.0% during the third quarter. International Assets Investment Management LLC now owns 3,000 shares of the company’s stock worth $308,000 after buying an additional 2,992 shares during the period. Peapack Gladstone Financial Corp boosted its stake in Sunnova Energy International by 11.0% during the third quarter. Peapack Gladstone Financial Corp now owns 32,200 shares of the company’s stock worth $314,000 after buying an additional 3,200 shares during the period. PFG Investments LLC boosted its stake in Sunnova Energy International by 37.0% during the fourth quarter. PFG Investments LLC now owns 18,345 shares of the company’s stock worth $63,000 after buying an additional 4,955 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Sunnova Energy International by 38.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 20,490 shares of the company’s stock worth $70,000 after buying an additional 5,662 shares during the period.

About Sunnova Energy International

Sunnova Energy International Inc engages in the provision of energy as a service in the United States. The company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and solar energy system and energy storage system diagnostics services.