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

Shares of Nova Ltd. (NASDAQ:NVMI) have received a consensus rating of “Moderate Buy” from the seven analysts that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $307.00.

A number of analysts have weighed in on NVMI shares. Weiss Ratings reissued a “hold (c)” rating on shares of Nova in a report on Wednesday, October 8th. Benchmark increased their price target on Nova from $280.00 to $345.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, Evercore ISI boosted their price target on shares of Nova from $290.00 to $340.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th.

Nova Stock Up 1.7%

Shares of NVMI traded up $4.64 during mid-day trading on Friday, hitting $280.42. The company had a trading volume of 413,959 shares, compared to its average volume of 318,790. The stock has a market cap of $8.24 billion, a PE ratio of 38.15, a P/E/G ratio of 2.44 and a beta of 1.79. The business’s 50-day simple moving average is $317.96 and its 200-day simple moving average is $270.99. Nova has a 1-year low of $153.99 and a 1-year high of $361.32.

Nova (NASDAQ:NVMI) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.12 by $0.04. Nova had a net margin of 29.10% and a return on equity of 24.36%. The company had revenue of $224.61 million during the quarter, compared to analyst estimates of $221.61 million. During the same quarter in the prior year, the business earned $1.74 earnings per share. The business’s quarterly revenue was up 25.5% compared to the same quarter last year. Nova has set its Q4 2025 guidance at 2.020-2.200 EPS. Q4 2025 guidance at 2.020-2.200 EPS. On average, sell-side analysts expect that Nova will post 7.52 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC grew its holdings in shares of Nova by 13.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 306 shares of the semiconductor company’s stock worth $84,000 after purchasing an additional 37 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Nova by 3.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,200 shares of the semiconductor company’s stock worth $375,000 after purchasing an additional 37 shares in the last quarter. Bank Hapoalim BM lifted its stake in shares of Nova by 5.1% in the 3rd quarter. Bank Hapoalim BM now owns 910 shares of the semiconductor company’s stock valued at $291,000 after purchasing an additional 44 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in Nova by 1.0% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 4,947 shares of the semiconductor company’s stock worth $1,581,000 after buying an additional 51 shares during the period. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of Nova by 51.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 164 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 56 shares in the last quarter. 82.99% of the stock is owned by institutional investors.

About Nova

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.