Nova Ltd. (NVMI) – What Are Brokerages Thinking About This Stock?

Shares of Nova Ltd. (NASDAQ:NVMI) have received an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $470.00.

Several research firms recently commented on NVMI. Barclays reduced their price objective on Nova from $600.00 to $500.00 and set an “overweight” rating for the company in a research note on Friday. Citigroup cut shares of Nova from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $550.00 to $415.00 in a research note on Thursday, October 8th. Evercore set a $475.00 target price on shares of Nova in a research note on Friday, August 7th. Zacks Research lowered shares of Nova from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, Cantor Fitzgerald reduced their target price on shares of Nova from $600.00 to $500.00 and set an “overweight” rating for the company in a research report on Friday, August 7th.

Nova Trading Up 11.7%

NASDAQ:NVMI traded up $32.88 during trading hours on Friday, hitting $313.18. 463,560 shares of the stock were exchanged, compared to its average volume of 281,614. The firm’s fifty day moving average price is $346.38 and its 200 day moving average price is $437.27. Nova has a 52-week low of $266.43 and a 52-week high of $615.99. The company has a market cap of $9.95 billion, a P/E ratio of 35.51, a P/E/G ratio of 1.51 and a beta of 1.85.

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

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

Key Headlines Impacting Nova

Here are the key news stories impacting Nova this week:

• Positive Sentiment: Q3 revenue reached a record $287.8 million, up 28.2% year over year, while adjusted EPS of $2.86 topped the roughly $2.77 consensus. Nova reports record third-quarter results
• Positive Sentiment: Nova forecast Q4 revenue of $305 million–$315 million and EPS of $3.03–$3.18, with the EPS range just above analyst expectations. Management also pointed to strong memory and packaging demand and visibility into 2027 growth. Nova Q4 outlook
• Neutral Sentiment: Despite the earnings beat, one post-results report said the stock dropped, suggesting strong expectations may have limited the market’s initial response. Nova Q3 results and stock reaction
• Negative Sentiment: Barclays reduced its price target to $500 from $600, and Needham cut its target to $420 from $570. Both firms kept positive ratings—Overweight and Buy, respectively—but the lower targets could weigh on sentiment. Barclays rating

Insider Activity

In other Nova news, CEO Gabriel Waisman sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $342.27, for a total value of $513,405.00. Following the transaction, the chief executive officer directly owned 27,214 shares of the company’s stock, valued at $9,314,535.78. This trade represents a 5.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shay Wolfing sold 3,864 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $363.28, for a total value 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 represents a 15.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Nova

A number of large investors have recently made changes to their positions in NVMI. Allworth Financial LP acquired a new stake in shares of Nova in the second quarter valued at approximately $38,000. IFP Advisors Inc raised its stake in Nova by 688.9% during the second quarter. IFP Advisors Inc now owns 71 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 62 shares during the period. Mather Group LLC. boosted its holdings in Nova by 214.3% in the 3rd quarter. Mather Group LLC. now owns 154 shares of the semiconductor company’s stock valued at $59,000 after purchasing an additional 105 shares during the last quarter. Strategic Investment Advisors MI acquired a new position in Nova in the 1st quarter valued at about $109,000. Finally, Parallel Advisors LLC grew its stake in shares of Nova by 20.0% in the 1st quarter. Parallel Advisors LLC now owns 264 shares of the semiconductor company’s stock valued at $115,000 after buying an additional 44 shares during the period. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

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.