Sunnova Energy International Inc

Sunnova Energy International, Inc. operates as a residential energy service provider. It offers solar energy systems, electric vehicle chargers, and home solar protection. The company was founded by William Jackson Berger in 2012 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sunnova excels in Q4 with Energy-as-a-Service model driving growth

Sunnova's strong Q4 performance, driven by its Energy-as-a-Service model, positions it well for growth. Challenges include rising customer acquisition costs and G&A fluctuations. Opportunities lie in market expansion, partnerships, and international growth.

Sunnova Energy (NOVA) excels in Q1, eyes international expansion

Sunnova Energy International Inc (NOVA) delivered a strong Q1 performance with revenue growth, customer expansion, and strategic financial management.
The company's focus on service excellence, market positioning, and sustainability underscores its commitment to long-term success.
Challenges related to cost management, market dynamics, and regulatory changes require vigilant monitoring and strategic adaptation.
Opportunities for international expansion, capital financing optimization, and market growth position Sunnova for continued success in the energy sector.

Sunnova achieves record growth and strategic positioning for future success

Sunnova Energy International Inc's Q2 2023 performance reflects record growth, financial strength, and strategic positioning for future success.
Despite challenges such as revenue recognition timing and market dynamics, the company's strengths in service excellence, cost management, and innovation drive growth.
Opportunities in rising energy prices, international expansion, and demand for energy solutions position Sunnova for continued success and market leadership.
Navigating challenges while leveraging strengths and seizing opportunities will be crucial for Sunnova to maintain growth momentum and achieve its ambitious targets.

Sunnova reports robust Q3 earnings, eyes growth through strategic initiatives

Sunnova's Q3 2023 earnings call showcased strong financial performance, strategic initiatives to enhance profitability, and a focus on operational excellence. The company's commitment to sustainability, profitability, and customer care underpins its growth strategy. Sunnova's ability to navigate market challenges while seizing growth opportunities highlights its resilience and competitive edge in the energy sector.

Sunnova excels in Q4, eyes growth amid market challenges

Sunnova Energy International Inc delivered a strong performance in Q4 2023, focusing on financial discipline, margin expansion, and customer growth to drive value creation.
The company's strategic strengths lie in efficient cash generation, cost-cutting measures, and a commitment to reducing debt levels to enhance shareholder returns.
While facing challenges in managing CapEx efficiency and debt levels, Sunnova remains well-positioned to capitalize on market opportunities and industry fundamentals.
By navigating market challenges, leveraging operational efficiencies, and focusing on customer service, Sunnova aims to emerge stronger and drive sustainable growth.

Sunnova reports strong Q1 performance, eyes growth opportunities ahead

Sunnova's Q1 performance reflects financial strength and resilience, supported by strategic initiatives and a focus on cash generation.
While facing challenges in delinquency rates and customer additions, the company is well-positioned to capitalize on growth opportunities in clean energy markets.
Opportunities in the southern U.S., securitization markets, and strategic partnerships present avenues for future expansion and revenue growth.
Maintaining a disciplined approach to financial management and leveraging market trends will be key for Sunnova's continued success and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sunnova Energy International, Inc. is an energy services company, which engages in the provision of responsive energy management solutions. The firm also offers solar energy products and services. The company was founded by William Jackson Berger in 2012 and is headquartered in Houston, TX.

First Solar

SunPower

Complete Solaria Inc

Sunrun

Shares of SunPower Corp. climbed 9.2% Wednesday, with the maker of solar-energy technology shrugging off a Morgan Stanley price-target cut, buoyed by strong results from solar-panel maker First Solar Inc.

SunPower and other solar names lifted by First Solar's better-than-expected results

NEW YORK--(BUSINESS WIRE)--Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America's sustainable energy transition, starting with electric vehicles, announced today that they have entered into a collaboration with Sunnova Energy International Inc. (“Sunnova”), an industry-leading adaptive energy services company, to accelerate the adoption of solar energy and electric vehicles. As historic heat waves continue to affect more than 250 million Americans, the dema.

Tenet Energy and Sunnova Team Up to Promote Clean Home Energy Adoption with Solar and Electric Vehicles

GLENDALE, Calif. , July 30, 2024 /PRNewswire/ -- Finturf will collaborate with Sunnova, a leading adaptive energy services company and provider of sustainable energy solutions, to expand Finturf's already robust network of lenders, emphasizing energy-efficient financing options for a variety of home improvement projects.

Finturf Joins with Sunnova to Expand Financing to Sustainable Home Improvements

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced today that it powered the homes of almost 3,000 customers in the Houston area during and after Hurricane Beryl from July 8 to July 15 while the local utility grids were knocked out and unable to deliver power to Texans. During these eight days, Sunnova solar + storage customers generated 485,249 kWh of energy. “We're proud of our proven track rec.

Sunnova Solar + Storage Systems Powered Nearly 3,000 Customers Through Hurricane Beryl

JinkoSolar Holding

Plug Power

This has been a bad year for clean energy stocks. It has destroyed many investors' hopes of a shift to green energy worldwide.

Get Your Money Out of These 3 Clean Energy Stocks by 2025

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to two classes of notes issued by Sunnova SOL VII Issuer, LLC, Series 2024-2. The transaction is collateralized by a diversified pool of 17,303 leases and Power Purchase Agreements (PPAs) associated with residential solar photovoltaic installations (PV Systems), some of which have energy storage equipment. The total aggregate discounted solar asset balance (ADSAB) based on a discount rate of 6.0% (PV6 ADSAB), consisting of the discount.

KBRA Assigns Preliminary Ratings to Sunnova SOL VII Issuer, LLC, Series 2024-2

Applied Optoelectronics

Upstart Holdings

On July 11th, comments from Federal Reserve Chairman Jerome Powell made comments that led investors to rapidly raise their expectations for rate cuts in 2024.

5 Heavily Shorted Stocks That are Skyrocketing

After being founded in 2012 and going public in 2019, Sunnova Energy International Inc.

Sunnova Energy Stock Up 44%, but Shorts Are Now Piling On

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, reinforced the value of Sunnova SunSafe® solar + battery storage service in the aftermath of Hurricane Beryl and reminded homeowners of its readiness to support their energy independence. Natural disasters like Hurricane Beryl, which recently impacted Houston – headquarters of Sunnova – and the surrounding region, demonstrate the advantages of residential.

Hurricane Beryl's Devastating Impact on Houston Power Grid Reinforces Value of Sunnova Solar + Storage Service for Homeowners

Albertsons Companies

Bank of America

Capri Holdings Ltd

Enphase Energy

Goldman Sachs

JPMorgan Chase & Co

Kroger

Morgan Stanley

SolarEdge Technologies

Tapestry

CNBC's Jim Cramer on Monday named stocks that could stand to see gains if former President Donald Trump returns to office, as well as ones that may notch losses. "After this weekend, it sure seems like the Trump stocks are back," he said.

Jim Cramer names stocks that could rally, or fall, during another Trump presidency

Inflation came in cooler than expected today and investors are speculating that interest rates will fall as a result. Lower rates are a huge boost to the solar industry and shares are reacting as such today.

Why Solar Energy Stocks Soared on Thursday

Fluence Energy

Generac Holdings

Invesco Solar ETF

Solar stocks were sharply higher on Thursday, buoyed by a cooler-than-expected inflation reading that bolstered hopes the Federal Reserve will start lowering interest rates sooner rather than later.

Solar stocks shine after inflation reading bolsters rate-cut hopes

HOUSTON--(BUSINESS WIRE)--Sunnova Announces Second Quarter 2024 Earnings Release Date and Conference Call.

Sunnova Announces Second Quarter 2024 Earnings Release Date and Conference Call

Array Technologies

Solar stocks have been relatively hard hit due to the ongoing quantitative tightening that is resulted from high inflation. While the sector has suffered as the economy tackles inflation, a silver lining appears to be emerging.

3 Solar Stocks Best Positioned to Benefit From AI

Solar stocks may do well moving forward now that we're finally out of a “power bear market”, says John Berger. He's chief executive of the Houston-headquartered Sunnova Energy International Inc (NYSE: NOVA).

Sunnova CEO forecasts a ‘pretty large demand pickup': here's why

Energy stocks have been many investors' favorites for a long time. The energy sector incorporates various sub-industries and companies within them such as natural gas, coal, oil and alternative clean energy.

3 Clean Energy Stocks to Sell in July Before They Crash & Burn

Beam Global

NEXTracker Inc

Renewable energy is on its way to replacing fossil fuels. Many economies are transitioning to green energy sources, and the United Nations COP28 Summit has encouraged more countries to commit to the cause.

3 Renewable Energy Stocks to Turn Your Portfolio Into a Money Machine

Advantage Solutions

EVgo

Forward Air

Children's Place

Trupanion

Zynex Inc

In 2021, a trader with a large Reddit following induced a massive rally in shares of GameStop Corp. NYSE: GME. The downtrodden gaming retailer was the most shorted stock in the entire market in January 2021, but the retail buying frenzy triggered a massive run-up in price as hedge funds were forced to cover their short positions to prevent huge losses.

7 Short Squeeze Stocks to Look Into for Your Portfolio

NEW YORK, June 19, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Sunnova Energy International Inc. (NYSE: NOVA) on behalf of long-term stockholders following a class action complaint that was filed against Sunnova on February 16, 2024 with a Class Period from February 25, 2020 to December 7, 2023. Our investigation concerns whether the board of directors of Sunnova have breached their fiduciary duties to the company.

SUNNOVA ALERT: Bragar Eagel & Squire, P.C. is Investigating Sunnova Energy International Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Nextdoor

Zillow

A lower-than-expected inflation print caused more speculation about rate cuts this week. Investors bid up housing and solar stocks on predictions that lower rates would help business eventually.

Falling Interest Rates Sent These 3 Stocks Up Big This Week

ChargePoint Holdings

SunPower, Sunnova, and ChargePoint stocks exploded higher on today's positive news about inflation. Inflation is cooling, giving the Fed more reason to lower interest rates.

Why ChargePoint, SunPower, and Sunnova Energy Stocks All Popped Today

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), an industry-leading adaptive energy services company, announced that Eric Williams has been appointed Executive Vice President, Chief Financial Officer, effective June 10, 2024. Williams is a seasoned finance executive with more than 20 years of experience across multiple industries. He has worked in the energy industry for the past 13 years of his career, most recently as Chief Financial Officer and Executive.

Sunnova Announces Appointment of Eric Williams as Chief Financial Officer

Altus Power

Despite potential signs of recovery in the solar space, the current economic headwinds loom over its near-term future. Hence, the discussion about solar stocks to sell still remains relevant.

3 Sorry Solar Stocks to Sell Now While You Still Can: Summer Edition

Artificial intelligence mania has taken the tech sector by storm. However, realization of the immense electricity needs for AI data centers is emerging, boosting clean power stocks.

Why Solar Stocks First Solar, SunPower, and Sunnova Rocketed Higher Today

GoodWe's 50/60 kW inverter improves design flexibility and system performance DENVER , May 22, 2024 /PRNewswire/ -- GoodWe Technologies Co Ltd ("GoodWe") (688390:SHH), a global leader in solar inverters and smart energy solutions, announced today that it has been added to the approved vendor list of Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA) to provide GoodWe's SMT-US inverter for medium- to large-scale commercial and industrial (C&I) sites. This partnership allows GoodWe and Sunnova to meet the growing demand by C&I customers that want to stabilize energy costs, take advantage of IRA production and investment credits, and benefit from selling clean energy.

News for Sunnova Energy International Inc Stock (NOVA)