Nova (NVMI) Projected to Release Earnings on Thursday

Key Points

• Nova is expected to report Q3 2026 results before market open on November 5. Analysts forecast earnings of $2.77 per share on revenue of $282.14 million.
• In its latest quarter, Nova beat consensus estimates with $2.51 in EPS and $254.96 million in revenue, while revenue rose 15.9% year over year.
• The company approved a $200 million share-repurchase program, but analyst sentiment is mixed: Nova has a “Moderate Buy” consensus rating with an average price target of $499.44, alongside recent downgrades and insider stock sales.

Nova (NASDAQ:NVMI - Get Free Report) is projected to post its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Nova to announce earnings of $2.77 per share and revenue of $282.14 million for the quarter. Individuals may visit the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Nova (NASDAQ:NVMI - Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The semiconductor company reported $2.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.41 by $0.10. Nova had a return on equity of 21.41% and a net margin of 28.84%. The company had revenue of $254.96 million during the quarter, compared to the consensus estimate of $250.33 million. During the same period in the previous year, the company posted $2.20 earnings per share. Nova's revenue for the quarter was up 15.9% on a year-over-year basis. On average, analysts expect Nova to post $9.89 EPS for the current fiscal year and $12.76 EPS for the next fiscal year.

Nova Trading Up 2.2%

Nova stock opened at $334.72 on Thursday. Nova has a 12 month low of $266.43 and a 12 month high of $615.99. The stock's 50 day simple moving average is $355.82 and its two-hundred day simple moving average is $441.30. The firm has a market cap of $10.64 billion, a PE ratio of 41.43, a P/E/G ratio of 1.55 and a beta of 1.79.

Nova announced that its Board of Directors has approved a share repurchase program on Wednesday, September 2nd that permits the company to buy back $200 million in outstanding shares. This buyback authorization permits the semiconductor company to purchase up to 1.9% of its stock through open market purchases. Share buyback programs are usually a sign that the company's board believes its shares are undervalued.

Insider Activity at Nova

In other news, CEO Gabriel Waisman sold 1,500 shares of the company's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $342.27, for a total transaction of $513,405.00. Following the completion of the transaction, the chief executive officer directly owned 27,214 shares of the company's stock, valued at $9,314,535.78. This represents a 5.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shay Wolfing sold 3,864 shares of the stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $363.28, for a total value of $1,403,713.92. Following the transaction, the insider owned 21,409 shares in the company, valued at $7,777,461.52. This trade represents a 15.29% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.00% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Citigroup lowered shares of Nova from a "buy" rating to a "neutral" rating and cut their target price for the company from $550.00 to $415.00 in a report on Thursday, October 8th. Evercore set a $475.00 price target on shares of Nova in a report on Friday, August 7th. Wall Street Zen downgraded shares of Nova from a "hold" rating to a "sell" rating in a report on Sunday. Weiss Ratings restated a "hold (c)" rating on shares of Nova in a research report on Friday, October 2nd. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a $600.00 price objective on shares of Nova in a report on Thursday, August 6th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Nova presently has an average rating of "Moderate Buy" and an average price target of $499.44.

About Nova

Nova Ltd. NASDAQ: NVMI develops and supplies metrology and process-control solutions for the semiconductor manufacturing industry. Its systems help chipmakers measure and control critical dimensions, film thickness, material properties and other characteristics during the production of integrated circuits.

The company's product portfolio includes optical and X-ray metrology systems, chemical metrology solutions, and related software and analytics tools. These technologies are used in multiple stages of semiconductor fabrication, including front-end wafer processing and advanced packaging, to support process development, yield improvement and manufacturing control.

Founded in 1993, Nova is headquartered in Rehovot, Israel, and serves semiconductor manufacturers and other industry customers through operations and support activities across North America, Europe and Asia.

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