Nova (NASDAQ:NVMI) Issues Q4 2026 Earnings Guidance

Nova (NASDAQ:NVMI) issued an update on its fourth quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 3.030-3.180 for the period, compared to the consensus earnings per share estimate of 3.020. The company issued revenue guidance of $305.0 million-$315.0 million, compared to the consensus revenue estimate of $306.1 million.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on NVMI. Cantor Fitzgerald decreased their target price on Nova from $600.00 to $500.00 and set an “overweight” rating for the company in a research report on Friday, August 7th. Evercore set a $475.00 target price on shares of Nova in a research report on Friday, August 7th. Zacks Research cut shares of Nova from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Needham & Company LLC decreased their price target on shares of Nova from $570.00 to $420.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Nova in a research note on Friday, October 2nd. Seven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $482.78.

Nova Price Performance

Shares of NASDAQ:NVMI traded down $15.43 during mid-day trading on Thursday, reaching $279.92. 550,347 shares of the company traded hands, compared to its average volume of 439,905. The company’s 50 day moving average price is $349.25 and its 200-day moving average price is $438.79. The firm has a market cap of $8.90 billion, a PE ratio of 34.64, a PEG ratio of 1.51 and a beta of 1.85. Nova has a 52 week low of $266.43 and a 52 week high of $615.99.

Nova (NASDAQ:NVMI) last released its earnings results on Thursday, November 5th. The semiconductor company reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.77 by $0.09. Nova had a net margin of 28.84% and a return on equity of 21.41%. The company had revenue of $287.84 million for the quarter, compared to analysts’ expectations of $282.23 million. During the same quarter last year, the business earned $2.16 EPS. The firm’s revenue was up 28.2% compared to the same quarter last year. Nova has set its Q4 2026 guidance at 3.030-3.180 EPS. On average, research analysts predict that Nova will post 9.89 earnings per share for the current fiscal year.

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

Insiders Place Their Bets

In other news, CEO Gabriel Waisman sold 1,500 shares of the firm’s stock in a transaction 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 sale, the chief executive officer directly owned 27,214 shares in the company, valued at $9,314,535.78. This trade represents a 5.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shay Wolfing sold 3,864 shares of Nova stock in a transaction 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 transaction, the insider owned 21,409 shares in the company, valued at approximately $7,777,461.52. This trade represents a 15.29% 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. Corporate insiders own 1.00% of the company’s stock.

Key Headlines Impacting Nova

Here are the key news stories impacting Nova this week:

• Positive Sentiment: Third-quarter revenue reached a record $287.8 million, up 28% year over year, while adjusted EPS of $2.86 topped consensus estimates. Nova Reports Record Third Quarter 2026 Financial Results
• Positive Sentiment: Nova forecast fourth-quarter EPS of $3.03–$3.18, above the $3.02 consensus, and revenue of $305 million–$315 million, compared with expectations of $306.1 million.
• Neutral Sentiment: Needham lowered its price target to $420 from $570 but maintained a Buy rating. The reduction is a cautionary signal, while the retained rating indicates the analyst still sees potential upside.
• Negative Sentiment: Despite the earnings and revenue beats, reports noted that the stock declined, indicating investors may have expected stronger results or guidance. Nova Q3: beats on revenue but stock drops

Nova Company Profile

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.