Nova (NVMI) to Release Quarterly Earnings on Thursday

Key Points

• Nova will report Q1 2026 results before the market opens on Thursday, May 14 at 8:30 AM ET; analysts expect $2.20 EPS and $227.02M revenue.
• In the prior quarter Nova slightly beat estimates with $2.14 EPS and revenue up 14.3% YoY, and analysts forecast about $9 EPS for the current fiscal year and $11 EPS for the next.
• Shares trade near $534.54 with a market cap of $16.99B and a PE of ~66.7; institutional investors own ~82.99% and the consensus rating is a Moderate Buy with an average price target of $442.25 (range up to $520).

Nova (NASDAQ:NVMI - Get Free Report) will likely be announcing its Q1 2026 results before the market opens on Thursday, May 14th. Analysts expect Nova to post earnings of $2.20 per share and revenue of $227.0180 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, May 14, 2026 at 8:30 AM ET.

Nova (NASDAQ:NVMI - Get Free Report) last announced its earnings results on Friday, February 13th. The semiconductor company reported $2.14 earnings per share for the quarter, beating analysts' consensus estimates of $2.13 by $0.01. The business had revenue of $222.62 million during the quarter, compared to analyst estimates of $220.43 million. Nova had a net margin of 29.44% and a return on equity of 22.90%. The company's quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.94 EPS. On average, analysts expect Nova to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Nova Price Performance

Shares of NVMI opened at $534.54 on Thursday. The firm has a market cap of $16.99 billion, a PE ratio of 66.73, a P/E/G ratio of 3.77 and a beta of 1.78. The company has a current ratio of 6.28, a quick ratio of 5.47 and a debt-to-equity ratio of 0.56. The firm has a fifty day simple moving average of $471.21 and a two-hundred day simple moving average of $404.42. Nova has a 1-year low of $176.52 and a 1-year high of $550.00.

Institutional Investors Weigh In On Nova

Several hedge funds and other institutional investors have recently modified their holdings of NVMI. Royal Bank of Canada increased its stake in shares of Nova by 660.4% in the 1st quarter. Royal Bank of Canada now owns 10,668 shares of the semiconductor company's stock worth $1,966,000 after purchasing an additional 9,265 shares in the last quarter. Advisors Asset Management Inc. increased its stake in shares of Nova by 51.6% in the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company's stock worth $69,000 after purchasing an additional 128 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Nova in the 2nd quarter worth $5,445,000. EverSource Wealth Advisors LLC increased its stake in Nova by 62.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the semiconductor company's stock worth $72,000 after buying an additional 100 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in Nova in the 2nd quarter worth $1,886,000. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on NVMI. Citigroup boosted their target price on shares of Nova from $370.00 to $520.00 and gave the company a "buy" rating in a research note on Friday, February 13th. Bank of America boosted their target price on shares of Nova from $380.00 to $450.00 and gave the company a "buy" rating in a research note on Tuesday, January 13th. Jefferies Financial Group reiterated a "buy" rating and set a $520.00 target price on shares of Nova in a research note on Thursday, February 12th. Evercore restated an "outperform" rating and issued a $485.00 price objective on shares of Nova in a research note on Friday, February 13th. Finally, Wall Street Zen lowered Nova from a "hold" rating to a "sell" rating in a research note on Saturday, May 2nd. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, Nova presently has an average rating of "Moderate Buy" and an average price target of $442.25.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.