Analysts tracking the "nova stock price forecast" note solid institutional buying in recent weeks, with average target prices moving toward $ Talk of a stock market bubble is surfacing again as the S&P 500 hit a fresh high above 6,700 this week, but some economists think there’s still room to grow. In a Sept. 29 note, Capital Economics chief markets economist John Higgins said the index could blow past an end of year forecast of 6,750 and rise further in 2026 as AI-related hype continues to build. “That’s partly because growth in S&P 500 forward twelve-month (FTM) earnings per share (EPS) is proving to be even more rapid than we’d envisaged, and partly because the valuation of the index remains below the peak it reached in the dot-com bubble,” Higgins wrote. S&P 500 FTM EPS are at $292, well above the $280 Capital Economics had forecast for the end of 2025. And data analysis firm FactSet Research Systems Inc. said analysts increased their earnings per share estimates for S&P companies for the first time since the fourth quarter of 2021, despite concerns in the market about inflation and tariffs. Higgins wrote, “We are sticking to our view that there will be a big correction in the S&P 500 at some point — potentially starting well below 8,275 — once enthusiasm for AI in the market has peaked. But we suspect that point may not come before 2027.” On Friday, the S&P 500 was up 14 per cent year-to-date and closed at 6,715. The most recent analyst rating on (NOVA) 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 NOVA Stock Forecast page . The "nova stock price forecast" remains bullish after the company announced new strategic partnerships in green infrastructure. Price action shows steady higher lows, often a precursor to a breakout above near-term resistance at $90.