Nova (NASDAQ:NVMI - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.020-2.220 for the period, compared to the consensus earnings per share estimate of 2.090. The company issued revenue guidance of $215.0 million-$227.0 million, compared to the consensus revenue estimate of $216.6 million.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on NVMI shares. Benchmark cut their price objective on Nova from $295.00 to $280.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Citigroup lowered their target price on Nova from $290.00 to $280.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Wall Street Zen lowered Nova from a "buy" rating to a "hold" rating in a report on Friday, May 30th. Cantor Fitzgerald reissued an "overweight" rating and set a $300.00 target price (up from $250.00) on shares of Nova in a research note on Tuesday, June 24th. Finally, Bank of America boosted their price target on shares of Nova from $250.00 to $270.00 and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Nova presently has a consensus rating of "Moderate Buy" and an average price target of $282.50.
View Our Latest Stock Analysis on NVMI
Nova Trading Up 3.1%
Shares of Nova stock traded up $8.38 during mid-day trading on Monday, reaching $278.69. 41,231 shares of the stock were exchanged, compared to its average volume of 275,222. The company has a market cap of $8.19 billion, a price-to-earnings ratio of 37.89, a price-to-earnings-growth ratio of 2.37 and a beta of 1.67. Nova has a fifty-two week low of $153.99 and a fifty-two week high of $291.99. The firm has a 50-day simple moving average of $257.14 and a 200 day simple moving average of $226.71.
Nova (NASDAQ:NVMI - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.05 by $0.15. Nova had a net margin of 29.10% and a return on equity of 24.36%. The firm had revenue of $219.99 million for the quarter, compared to the consensus estimate of $214.95 million. During the same period in the previous year, the company earned $1.61 earnings per share. The company's quarterly revenue was up 40.2% on a year-over-year basis. On average, research analysts predict that Nova will post 7.52 EPS for the current fiscal year.
Institutional Trading of Nova
An institutional investor recently raised its position in Nova stock. Royal Bank of Canada boosted its stake in Nova Ltd. (NASDAQ:NVMI - Free Report) by 660.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,668 shares of the semiconductor company's stock after acquiring an additional 9,265 shares during the period. Royal Bank of Canada's holdings in Nova were worth $1,966,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 82.99% of the company's stock.
Nova Company Profile
(
Get Free Report)
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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