Nova (NVMI) Expected to Release Earnings on Thursday

Nova (NASDAQ:NVMI) is projected to post its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Nova to post earnings of $2.77 per share and revenue of $282.14 million for the quarter. Parties may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Nova (NASDAQ:NVMI) last announced its earnings results on Friday, August 7th. The semiconductor company reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.41 by $0.10. Nova had a net margin of 28.84% and a return on equity of 21.41%. The firm had revenue of $254.96 million for the quarter, compared to analyst estimates of $250.33 million. During the same quarter in the previous year, the firm posted $2.20 EPS. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. On average, analysts expect Nova to post $9.89 EPS for the current fiscal year and $12.76 EPS for the next fiscal year.

Nova Price Performance

Shares of NVMI opened at $304.00 on Tuesday. Nova has a one year low of $266.43 and a one year high of $615.99. The company has a 50-day simple moving average of $351.91 and a two-hundred day simple moving average of $440.04. The firm has a market capitalization of $9.66 billion, a PE ratio of 37.62, a price-to-earnings-growth ratio of 1.67 and a beta of 1.79.

Nova declared that its board has authorized a share repurchase program on Wednesday, September 2nd that permits the company to buy back $200 million in outstanding shares. This buyback authorization permits the semiconductor company to repurchase up to 1.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other news, insider Shay Wolfing sold 3,864 shares of Nova stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $363.28, for a total transaction of $1,403,713.92. Following the completion of the transaction, the insider directly owned 21,409 shares in the company, valued at approximately $7,777,461.52. This trade represents a 15.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gabriel Waisman sold 1,500 shares of Nova stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $342.27, for a total transaction of $513,405.00. Following the transaction, the chief executive officer owned 27,214 shares of the company’s stock, valued at $9,314,535.78. The trade was a 5.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on NVMI. Needham & Company LLC decreased their target price on Nova from $640.00 to $570.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nova in a research note on Friday, October 2nd. Cantor Fitzgerald decreased their price objective on Nova from $600.00 to $500.00 and set an “overweight” rating for the company in a report on Friday, August 7th. Morgan Stanley increased their price objective on Nova from $494.00 to $540.00 and gave the stock an “equal weight” rating in a report on Monday, July 6th. Finally, Zacks Research lowered Nova from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $499.44.

About Nova

Nova Ltd. (NASDAQ: NVMI) develops and supplies metrology and process-control solutions for the semiconductor manufacturing industry. Its systems help chipmakers measure and control critical dimensions, film thickness, material properties and other characteristics during the production of integrated circuits.

The company’s product portfolio includes optical and X-ray metrology systems, chemical metrology solutions, and related software and analytics tools. These technologies are used in multiple stages of semiconductor fabrication, including front-end wafer processing and advanced packaging, to support process development, yield improvement and manufacturing control.

Founded in 1993, Nova is headquartered in Rehovot, Israel, and serves semiconductor manufacturers and other industry customers through operations and support activities across North America, Europe and Asia.