Nova (NASDAQ:NVMI) Updates Q1 2026 Earnings Guidance

Nova (NASDAQ:NVMI) updated its first quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.130-2.250 for the period, compared to the consensus EPS estimate of 2.050. The company issued revenue guidance of $222.0 million-$232.0 million, compared to the consensus revenue estimate of $221.9 million.

Nova Price Performance

NVMI opened at $443.55 on Friday. The company’s 50-day simple moving average is $392.77 and its two-hundred day simple moving average is $330.35. The company has a debt-to-equity ratio of 0.62, a quick ratio of 4.00 and a current ratio of 4.58. The stock has a market capitalization of $13.04 billion, a P/E ratio of 57.98, a P/E/G ratio of 2.87 and a beta of 1.84. Nova has a 52-week low of $153.99 and a 52-week high of $507.27.

Nova (NASDAQ:NVMI) last announced its quarterly earnings results on Thursday, February 12th. The semiconductor company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $2.13 by $0.01. The firm had revenue of $222.62 million during the quarter, compared to analyst estimates of $220.43 million. Nova had a net margin of 28.73% and a return on equity of 24.09%. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.94 earnings per share. Nova has set its Q1 2026 guidance at 2.130-2.250 EPS. As a group, analysts predict that Nova will post 7.52 EPS for the current year.

Wall Street Analysts Forecast Growth

NVMI has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Nova in a research note on Monday, December 22nd. Bank of America lifted their price objective on Nova from $380.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Benchmark increased their target price on Nova from $280.00 to $345.00 and gave the company a “buy” rating in a report on Friday, November 7th. Morgan Stanley started coverage on Nova in a research report on Monday, December 1st. They issued an “equal weight” rating and a $335.00 target price on the stock. Finally, Citigroup reaffirmed a “buy” rating on shares of Nova in a research report on Friday. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Nova currently has a consensus rating of “Moderate Buy” and a consensus price target of $381.88.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Wasatch Advisors LP increased its holdings in Nova by 4.9% in the 2nd quarter. Wasatch Advisors LP now owns 2,200,948 shares of the semiconductor company’s stock worth $605,701,000 after acquiring an additional 102,250 shares in the last quarter. Invesco Ltd. increased its stake in shares of Nova by 185.4% in the third quarter. Invesco Ltd. now owns 607,344 shares of the semiconductor company’s stock worth $194,144,000 after purchasing an additional 394,544 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of Nova by 69.2% in the second quarter. Lazard Asset Management LLC now owns 359,221 shares of the semiconductor company’s stock worth $98,857,000 after purchasing an additional 146,932 shares in the last quarter. Nuveen LLC raised its position in shares of Nova by 1.7% during the 4th quarter. Nuveen LLC now owns 148,549 shares of the semiconductor company’s stock valued at $49,690,000 after purchasing an additional 2,508 shares during the period. Finally, Legal & General Group Plc lifted its stake in shares of Nova by 22.3% during the 3rd quarter. Legal & General Group Plc now owns 122,147 shares of the semiconductor company’s stock valued at $38,807,000 after buying an additional 22,292 shares in the last quarter. 82.99% of the stock is owned by hedge funds and other institutional investors.

Nova Company Profile

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.