Nova Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nova in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Nova stock.
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6 brokerages have issued 12-month price objectives for Nova's stock. Their NVMI stock forecasts range from $113.00 to $146.00. On average, they predict Nova's stock price to reach $128.50 in the next twelve months. This suggests a possible upside of 45.1% from the stock's current price.
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Nova's stock was trading at $146.50 on January 1st, 2022. Since then, NVMI stock has decreased by 39.6% and is now trading at $88.53.
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Nova is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Nova.

Nova Ltd. (NASDAQ:NVMI) issued its quarterly earnings results on Thursday, May, 12th. The semiconductor company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.25. The semiconductor company earned $134 million during the quarter, compared to analyst estimates of $126.76 million. Nova had a net margin of 23.53% and a trailing twelve-month return on equity of 27.51%. The business's quarterly revenue was up 59.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.62 EPS.
View Nova's earnings history.

Nova issued an update on its second quarter 2022 earnings guidance on Thursday, June, 9th. The company provided earnings per share guidance of $1.09-$1.23 for the period, compared to the consensus estimate of $1.04. The company issued revenue guidance of $133.00 million-$141.00 million, compared to the consensus revenue estimate of $128.86 million.

18 employees have rated Nova CEO Eitan Oppenhaim on Glassdoor.com. Eitan Oppenhaim has an approval rating of 94% among Nova's employees. This puts Eitan Oppenhaim in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Nova include II-VI (IIVI), Topcon (TOPCF), Camtek (CAMT), CyberOptics (CYBE), Optex Systems (OPXS) and ProPhotonix (STKR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Nova investors own include NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), Applied Materials (AMAT), Starbucks (SBUX), Activision Blizzard (ATVI), Broadcom (AVGO), Skyworks Solutions (SWKS) and Walt Disney (DIS).

Nova trades on the NASDAQ under the ticker symbol "NVMI."

Shares of NVMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NVMI stock can currently be purchased for approximately $88.53.

Nova (NASDAQ:NVMI) has a market capitalization of $2.54 billion and generates $416.11 million in revenue each year. The semiconductor company earns $93.10 million in net income (profit) each year or $3.59 on an earnings per share basis.

Nova employs 819 workers across the globe.

Nova was founded in 1993.

Nova's mailing address is 5 DAVID FIKES STREET P.O. BOX 266, REHOVOT L3, 7610201. The official website for Nova is www.novami.com. The semiconductor company can be reached via phone at 972732295600, via email at [email protected], or via fax at 972-8940-7776.