Nova Ltd. (NASDAQ:NVMI) Given Average Recommendation of “Buy” by Brokerages

Nova Ltd. (NASDAQ:NVMI) has been assigned a consensus rating of “Buy” from the nine brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $439.00.

A number of research analysts recently issued reports on the company. Bank of America increased their price objective on Nova from $380.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nova in a report on Monday, December 22nd. Benchmark boosted their price objective on shares of Nova from $280.00 to $345.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Citigroup raised their target price on shares of Nova from $370.00 to $520.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, Evercore reiterated an “outperform” rating and issued a $485.00 price target on shares of Nova in a research note on Friday, February 13th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Royal Bank of Canada grew its stake in Nova by 660.4% in the first quarter. Royal Bank of Canada now owns 10,668 shares of the semiconductor company’s stock valued at $1,966,000 after purchasing an additional 9,265 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Nova by 51.6% in the first quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock valued at $69,000 after buying an additional 128 shares in the last quarter. State of New Jersey Common Pension Fund D increased its holdings in Nova by 11.5% during the second quarter. State of New Jersey Common Pension Fund D now owns 6,738 shares of the semiconductor company’s stock worth $1,854,000 after buying an additional 694 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Nova by 2.2% during the second quarter. Envestnet Asset Management Inc. now owns 8,000 shares of the semiconductor company’s stock worth $2,202,000 after buying an additional 175 shares during the last quarter. Finally, Jennison Associates LLC bought a new stake in Nova during the second quarter worth $1,560,000. 82.99% of the stock is owned by institutional investors and hedge funds.

Nova Stock Up 1.1%

NASDAQ NVMI traded up $4.76 during trading hours on Monday, reaching $443.62. 149,663 shares of the company’s stock were exchanged, compared to its average volume of 425,445. The company has a debt-to-equity ratio of 0.56, a quick ratio of 5.47 and a current ratio of 6.28. The company has a market capitalization of $14.10 billion, a price-to-earnings ratio of 55.12, a price-to-earnings-growth ratio of 3.21 and a beta of 1.83. The company’s 50-day moving average is $419.59 and its two-hundred day moving average is $344.98. Nova has a one year low of $153.99 and a one year high of $507.27.

Nova (NASDAQ:NVMI) last released its quarterly earnings results on Thursday, February 12th. The semiconductor company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.13 by $0.01. Nova had a net margin of 29.44% and a return on equity of 22.90%. The company had revenue of $222.62 million during the quarter, compared to analysts’ expectations of $220.43 million. During the same quarter in the prior year, the company earned $1.94 earnings per share. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. Nova has set its Q1 2026 guidance at 2.130-2.250 EPS. On average, analysts forecast that Nova will post 7.52 EPS for the current fiscal year.

Nova Company Profile

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.