Nova (NASDAQ:NVMI) Releases Q2 2026 Earnings Guidance

Nova (NASDAQ:NVMI) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.340-2.480 for the period, compared to the consensus estimate of 2.310. The company issued revenue guidance of $245.0 million-$255.0 million, compared to the consensus revenue estimate of $241.0 million.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Zacks Research cut Nova from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Jefferies Financial Group reiterated a “buy” rating and set a $640.00 price objective on shares of Nova in a research note on Thursday. Morgan Stanley set a $494.00 price objective on Nova in a research note on Thursday. Needham & Company LLC upped their price objective on Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Citigroup restated a “buy” rating on shares of Nova in a research note on Friday. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $497.11.

Nova Stock Up 10.4%

NVMI opened at $556.11 on Friday. Nova has a 1-year low of $179.00 and a 1-year high of $565.00. The stock’s fifty day simple moving average is $479.99 and its 200 day simple moving average is $412.10. The company has a current ratio of 6.28, a quick ratio of 5.47 and a debt-to-equity ratio of 0.56. The stock has a market cap of $17.67 billion, a PE ratio of 69.43, a price-to-earnings-growth ratio of 3.68 and a beta of 1.78.

Nova (NASDAQ:NVMI) last posted its quarterly earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.13. Nova had a return on equity of 22.90% and a net margin of 29.44%.The business had revenue of $235.31 million for the quarter, compared to analysts’ expectations of $227.02 million. During the same quarter in the prior year, the business earned $2.18 EPS. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, research analysts expect that Nova will post 9.37 earnings per share for the current year.

More Nova News

Here are the key news stories impacting Nova this week:

• Positive Sentiment: Nova reported record Q1 2026 revenue of $235.3 million, topping expectations and rising 10.3% year over year, while EPS of $2.33 beat estimates by $0.13. Nova Reports Record First Quarter 2026 Financial Results
• Positive Sentiment: The company’s Q2 2026 guidance also came in above consensus, with EPS guidance of 2.340-2.480 and revenue guidance of $245 million-$255 million, suggesting continued momentum. Needham raises Nova price target
• Positive Sentiment: Needham & Company raised its price target on Nova to $640 from $500 and reiterated a Buy rating, signaling stronger analyst confidence after the earnings beat. Nova Price Target Raised to $640.00 at Needham & Company LLC
• Positive Sentiment: Nova set a new 52-week high after the earnings release, reflecting investor optimism around the company’s results and outlook. Nova Sets New 52-Week High After Earnings Beat
• Neutral Sentiment: Nova also announced its annual general meeting for June 18, 2026, where shareholders will vote on the board slate, CEO compensation, and auditor reappointment. Nova annual meeting announcement

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NVMI. Royal Bank of Canada grew its holdings in shares of Nova by 660.4% during the 1st quarter. Royal Bank of Canada now owns 10,668 shares of the semiconductor company’s stock worth $1,966,000 after purchasing an additional 9,265 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Nova by 51.6% during the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock worth $69,000 after purchasing an additional 128 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Nova during the 2nd quarter worth $5,445,000. EverSource Wealth Advisors LLC grew its holdings in shares of Nova by 62.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the semiconductor company’s stock worth $72,000 after purchasing an additional 100 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Nova during the 2nd quarter worth $1,886,000. 82.99% of the stock is owned by institutional investors and hedge funds.

About Nova

Nova Measuring Instruments Ltd (NASDAQ: NVMI) develops and supplies advanced metrology and process control systems for the semiconductor manufacturing industry. The company’s core product line includes spectroscopic ellipsometry and scatterometry tools designed to measure film thickness, critical dimensions, overlay alignment and other key parameters that drive yield and performance in integrated circuit fabrication.

Founded in 1993 and headquartered in Rehovot, Israel, Nova Measuring Instruments has established itself as a critical partner to leading semiconductor foundries and device manufacturers.