Nova (NASDAQ:NVMI – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.000-2.160 for the period, compared to the consensus EPS estimate of 1.860. The company issued revenue guidance of $205.0 million-$215.0 million, compared to the consensus revenue estimate of $192.6 million.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on NVMI. Benchmark lifted their price target on Nova from $240.00 to $245.00 and gave the company a “buy” rating in a report on Friday, November 8th. Needham & Company LLC reiterated a “hold” rating on shares of Nova in a report on Friday, November 8th. Citigroup upgraded Nova from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $226.00 to $240.00 in a report on Monday, January 6th. Finally, Cantor Fitzgerald started coverage on Nova in a report on Monday, January 13th. They issued an “overweight” rating and a $275.00 target price for the company. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $238.33.
Check Out Our Latest Analysis on NVMI
Nova Stock Up 9.6 %
Nova (NASDAQ:NVMI – Get Free Report) last issued its earnings results on Thursday, February 13th. The semiconductor company reported $1.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.04). Nova had a return on equity of 21.35% and a net margin of 28.00%. Analysts anticipate that Nova will post 5.78 EPS for the current year.
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.
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