Nova (NASDAQ:NVMI) Now Covered by Analysts at Barclays

Stock analysts at Barclays initiated coverage on shares of Nova (NASDAQ:NVMI) in a report released on Wednesday. The brokerage set an “overweight” rating and a $465.00 price target on the semiconductor company’s stock. Barclays‘s target price suggests a potential upside of 7.60% from the company’s current price.

Several other analysts have also weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a $520.00 price objective on shares of Nova in a research note on Thursday, February 12th. Evercore reissued an “outperform” rating and set a $485.00 target price on shares of Nova in a research note on Friday, February 13th. Zacks Research upgraded shares of Nova from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Citigroup lifted their price target on shares of Nova from $370.00 to $520.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, Bank of America upped their price objective on shares of Nova from $380.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $442.25.

Nova Stock Down 0.2%

NASDAQ NVMI opened at $432.17 on Wednesday. The business has a fifty day moving average price of $433.38 and a two-hundred day moving average price of $353.76. The company has a debt-to-equity ratio of 0.56, a current ratio of 6.28 and a quick ratio of 5.47. Nova has a fifty-two week low of $153.99 and a fifty-two week high of $507.27. The stock has a market capitalization of $13.73 billion, a PE ratio of 53.95, a PEG ratio of 3.17 and a beta of 1.83.

Nova (NASDAQ:NVMI) last issued its earnings results on Thursday, February 12th. The semiconductor company reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $2.13 by $0.01. Nova had a return on equity of 22.90% and a net margin of 29.44%.The firm had revenue of $222.62 million for the quarter, compared to the consensus estimate of $220.43 million. During the same quarter last year, the business posted $1.94 EPS. The company’s revenue was up 14.3% compared to the same quarter last year. Nova has set its Q1 2026 guidance at 2.130-2.250 EPS. Equities analysts expect that Nova will post 7.52 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Nova

A number of institutional investors and hedge funds have recently bought and sold shares of NVMI. Smartleaf Asset Management LLC acquired a new stake in shares of Nova during the fourth quarter valued at about $29,000. Measured Wealth Private Client Group LLC bought a new position in Nova in the 3rd quarter valued at approximately $40,000. CIBC Private Wealth Group LLC raised its holdings in Nova by 75.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 56 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Nova by 2,042.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock worth $48,000 after buying an additional 143 shares during the period. Finally, SBI Securities Co. Ltd. boosted its position in Nova by 51.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 164 shares of the semiconductor company’s stock worth $45,000 after buying an additional 56 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

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.