Nova Ltd. (NASDAQ:NVMI) Receives $545.50 Consensus Target Price from Brokerages

Nova Ltd. (NASDAQ:NVMI) has been given a consensus rating of “Moderate Buy” by the ten analysts that are currently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $551.25.

Several equities analysts recently commented on the company. Evercore reiterated an “outperform” rating and issued a $600.00 price objective on shares of Nova in a research note on Friday, May 15th. Wall Street Zen raised Nova from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Needham & Company LLC boosted their target price on Nova from $500.00 to $640.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Jefferies Financial Group upped their price target on Nova from $520.00 to $640.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Finally, Zacks Research downgraded Nova from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th.

Nova Trading Up 0.4%

Shares of NASDAQ:NVMI traded up $1.91 during midday trading on Friday, reaching $475.90. The company had a trading volume of 228,467 shares, compared to its average volume of 514,600. The stock has a market cap of $15.12 billion, a P/E ratio of 59.34, a P/E/G ratio of 3.44 and a beta of 1.74. The company’s 50 day moving average price is $514.17 and its 200 day moving average price is $467.87. Nova has a 52-week low of $232.73 and a 52-week high of $615.99.

Nova (NASDAQ:NVMI) last announced its quarterly earnings data on Thursday, May 14th. The semiconductor company reported $2.33 EPS for the quarter, topping the consensus estimate of $2.20 by $0.13. The business had revenue of $235.31 million for the quarter, compared to analyst estimates of $227.02 million. Nova had a net margin of 29.21% and a return on equity of 21.77%. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.18 earnings per share. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. Research analysts forecast that Nova will post 9.46 EPS for the current fiscal year.

Insider Buying and Selling at Nova

In other Nova news, Director Eitan Oppenhaim sold 1,290 shares of the stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $581.20, for a total transaction of $749,748.00. Following the completion of the transaction, the director owned 6,421 shares in the company, valued at $3,731,885.20. This trade represents a 16.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gabriel Waisman sold 2,966 shares of Nova stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $501.30, for a total transaction of $1,486,855.80. Following the completion of the transaction, the chief executive officer owned 28,714 shares of the company’s stock, valued at $14,394,328.20. The trade was a 9.36% decrease in their position. 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. Insiders sold 7,798 shares of company stock valued at $4,125,266 in the last three months. 1.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Nova

Several institutional investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC purchased a new position in shares of Nova in the fourth quarter valued at $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Nova during the 3rd quarter valued at $40,000. CIBC Private Wealth Group LLC lifted its holdings in Nova by 75.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 56 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings 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 purchasing an additional 143 shares in the last quarter. Finally, TD Private Client Wealth LLC bought a new position in Nova in the 4th quarter worth about $74,000. Hedge funds and other institutional investors own 82.99% of the company’s stock.

About Nova

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.