Roth Capital Has Pessimistic Outlook of NOVA Q1 Earnings

Sunnova Energy International Inc. (NYSE:NOVA) – Research analysts at Roth Capital reduced their Q1 2025 earnings per share (EPS) estimates for Sunnova Energy International in a report issued on Monday, March 3rd. Roth Capital analyst P. Shen now anticipates that the company will post earnings per share of ($0.94) for the quarter, down from their previous estimate of ($0.55). Roth Capital 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). The company had revenue of $224.13 million for the quarter, compared to the consensus estimate of $235.85 million. Sunnova Energy International had a negative net margin of 51.02% and a negative return on equity of 11.15%. During the same quarter in the prior year, the company posted $0.37 EPS.

Other equities research analysts have also issued reports about the stock. Guggenheim lowered shares of Sunnova Energy International from a “buy” rating to a “neutral” rating in a report on Thursday, November 7th. Truist Financial downgraded Sunnova Energy International from a “buy” rating to a “hold” rating in a research report on Monday. Susquehanna downgraded Sunnova Energy International from a “positive” rating to a “neutral” rating and lowered their target price for the company from $14.00 to $4.50 in a research report on Friday, January 10th. BNP Paribas downgraded Sunnova Energy International from a “neutral” rating to an “underperform” rating and set a $3.50 target price for the company. in a research report on Friday, November 8th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $2.00 target price (down from $9.00) on shares of Sunnova Energy International in a research report on Monday. Two investment analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $5.39.

Sunnova Energy International Trading Down 19.1 %

Sunnova Energy International stock opened at $0.55 on Thursday. The firm has a 50 day moving average of $2.70 and a 200 day moving average of $5.49. The firm has a market capitalization of $68.22 million, a price-to-earnings ratio of -0.16 and a beta of 2.64. Sunnova Energy International has a 12-month low of $0.47 and a 12-month high of $13.00. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 3.26.

Hedge Funds Weigh In On Sunnova Energy International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cibc World Markets Corp acquired a new stake in Sunnova Energy International in the fourth quarter worth about $35,000. Crux Wealth Advisors purchased a new stake in shares of Sunnova Energy International in the fourth quarter valued at approximately $35,000. Two Sigma Advisers LP purchased a new stake in shares of Sunnova Energy International in the fourth quarter valued at approximately $35,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Sunnova Energy International in the fourth quarter valued at approximately $40,000. Finally, Teza Capital Management LLC acquired a new position in Sunnova Energy International during the fourth quarter worth $48,000.

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.