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Sunnova Completes Sale of New Home Assets

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Sunnova Completes Sale of New Home Assets

Confident Investing Starts Here:

An update from Sunnova Energy International ( (NOVAQ) ) is now available.

On June 16, 2025, Sunnova Energy International completed the sale of its New Home WIP Assets to Lennar Homes for approximately $15.2 million. This transaction involved the acquisition of system leases, sale contracts, and related assets, potentially impacting Sunnova’s market positioning and operational focus in the solar energy sector.

The most recent analyst rating on (NOVAQ) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Sunnova Energy International stock, see the NOVAQ Stock Forecast page.

Spark’s Take on NOVAQ Stock

According to Spark, TipRanks’ AI Analyst, NOVAQ is a Underperform.

Sunnova Energy’s overall stock score is heavily impacted by its financial instability, negative valuation metrics, and the recent bankruptcy filing. The technical analysis further paints a bearish picture, with little short-term upside. The combination of these factors suggests a cautious approach for potential investors.

To see Spark’s full report on NOVAQ stock, click here.

More about Sunnova Energy International

Sunnova Energy International is a company operating in the renewable energy industry, primarily focusing on solar power systems and related services.

Average Trading Volume: 12,688,845

Technical Sentiment Signal: Sell

Current Market Cap: $402.2K

See more data about NOVAQ stock on TipRanks’ Stock Analysis page.

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