Nova (NASDAQ:NVMI) Issues Q3 2026 Earnings Guidance

Nova (NASDAQ:NVMI) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.700-2.850 for the period, compared to the consensus earnings per share estimate of 2.640. The company issued revenue guidance of $277.0 million-$287.0 million, compared to the consensus revenue estimate of $276.7 million.

Nova Price Performance

Shares of NASDAQ NVMI traded down $16.88 during midday trading on Thursday, hitting $385.50. The company’s stock had a trading volume of 252,693 shares, compared to its average volume of 440,474. The business’s fifty day simple moving average is $485.24 and its two-hundred day simple moving average is $476.74. Nova has a 1 year low of $232.73 and a 1 year high of $615.99. The firm has a market capitalization of $12.25 billion, a price-to-earnings ratio of 48.07, a price-to-earnings-growth ratio of 2.99 and a beta of 1.78.

Nova (NASDAQ:NVMI) last announced its quarterly earnings data on Thursday, August 6th. 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 29.21% and a return on equity of 21.77%. The firm had revenue of $254.96 million during the quarter, compared to analysts’ expectations of $250.33 million. During the same quarter in the previous year, the business posted $2.20 earnings per share. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. Nova has set its Q3 2026 guidance at 2.700-2.850 EPS. Analysts anticipate that Nova will post 9.46 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on NVMI shares. Needham & Company LLC boosted their price target on shares of Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Zacks Research cut Nova from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Barclays lifted their target price on Nova from $465.00 to $600.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Cantor Fitzgerald restated an “overweight” rating and set a $600.00 price target on shares of Nova in a report on Tuesday, July 14th. Finally, Jefferies Financial Group increased their price target on Nova from $520.00 to $640.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $556.67.

Insider Activity

In related news, Director Yaniv Garty sold 366 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $581.20, for a total value of $212,719.20. Following the transaction, the director owned 2,006 shares of the company’s stock, valued at $1,165,887.20. This represents a 15.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gabriel Waisman sold 2,966 shares of the stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $501.30, for a total value of $1,486,855.80. Following the completion of the transaction, the chief executive officer directly owned 28,714 shares in the company, valued at $14,394,328.20. This trade represents a 9.36% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,798 shares of company stock valued at $4,125,266 over the last quarter. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Invesco Ltd. increased its holdings in shares of Nova by 4.4% in the 4th quarter. Invesco Ltd. now owns 634,284 shares of the semiconductor company’s stock valued at $208,293,000 after acquiring an additional 26,940 shares during the last quarter. XTX Topco Ltd purchased a new stake in Nova during the fourth quarter worth approximately $543,000. Sphera Funds Management LTD. boosted its holdings in Nova by 9.0% in the fourth quarter. Sphera Funds Management LTD. now owns 47,846 shares of the semiconductor company’s stock valued at $15,712,000 after purchasing an additional 3,950 shares in the last quarter. Man Group plc acquired a new position in Nova in the fourth quarter valued at approximately $3,538,000. Finally, Bamco Inc. NY increased its stake in Nova by 40.9% in the fourth quarter. Bamco Inc. NY now owns 154,511 shares of the semiconductor company’s stock valued at $50,740,000 after purchasing an additional 44,819 shares during the last quarter. 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.