Sunnova Energy International Inc (NOVA) stock forecast: Can it reach its 52-week high of $13.00

A share price of Sunnova Energy International Inc [NOVA] is currently trading at $0.37, up 19.38%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NOVA shares have gain 4.88% over the last week, with a monthly amount drifted -77.59%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Sunnova Energy International Inc [NYSE: NOVA] stock has seen the most recent analyst activity on March 05, 2025, when Mizuho downgraded its rating to a Neutral and also revised its price target to $1 from $11. Previously, Barclays downgraded its rating to Equal Weight on March 05, 2025, and dropped its price target to $1. On March 04, 2025, downgrade downgraded it’s rating to Underweight and revised its price target to $0.50 on the stock. UBS downgraded its rating to a Neutral and decreased its price target to $0.65 on March 04, 2025. Janney downgraded its rating to a Neutral. Goldman downgraded its rating to Neutral for this stock on March 04, 2025, and downed its price target to $1. In a note dated March 03, 2025, Truist downgraded an Hold rating on this stock.

Sunnova Energy International Inc experienced fluctuations in its stock price throughout the past year between $0.25 and $13.00. Currently, Wall Street analysts expect the stock to reach $8.14 within the next 12 months. Sunnova Energy International Inc [NYSE: NOVA] shares were valued at $0.37 at the most recent close of the market. An investor can expect a potential return of 2100.0% based on the average NOVA price forecast.

Analyzing the NOVA fundamentals

Trailing Twelve Months sales for Sunnova Energy International Inc [NYSE:NOVA] were 839.92M which represents 15.42% growth. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at -0.77%, Pretax Profit Margin comes in at -0.96%, and Net Profit Margin reading is -0.6%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.21 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.3069 points at the first support level, and at 0.2417 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4217, and for the 2nd resistance point, it is at 0.4713.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Sunnova Energy International Inc [NYSE:NOVA] is 0.78. Further, the Quick Ratio stands at 0.68, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.06, the price to book ratio is 0.03.

Transactions by insiders

Recent insider trading involved Mathews Paul S, Officer, that happened on Feb 03 ’25 when 562.0 shares were purchased. Director, ROBERTSON CORBIN J III completed a deal on Nov 19 ’24 to buy 35000.0 shares. Meanwhile, Director Mohamed Akbar bought 50000.0 shares on Nov 19 ’24.

Related Posts