Nova - NVMI Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nova in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NVMI shares.
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3 Wall Street research analysts have issued twelve-month price objectives for Nova's shares. Their NVMI share price forecasts range from $90.00 to $140.00. On average, they expect the company's stock price to reach $115.00 in the next year. This suggests a possible upside of 23.6% from the stock's current price.
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Nova's stock was trading at $81.68 at the start of the year. Since then, NVMI stock has increased by 13.9% and is now trading at $93.02.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
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Nova will be holding an earnings conference call on Wednesday, February 15th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "10174355".

Nova Ltd. (NASDAQ:NVMI) announced its quarterly earnings results on Thursday, November, 4th. The semiconductor company reported $1.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.24. The semiconductor company earned $112.70 million during the quarter, compared to the consensus estimate of $102.81 million. Nova had a trailing twelve-month return on equity of 27.52% and a net margin of 23.35%. The business's quarterly revenue was up 62.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.52 earnings per share.

Nova updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $1.15-$1.32 for the period, compared to the consensus estimate of $1.16. The company issued revenue guidance of $142.00 million-$152.00 million, compared to the consensus revenue estimate of $144.00 million.

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

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."

Nova's stock is owned by a number of retail and institutional investors. Top institutional investors include Harel Insurance Investments & Financial Services Ltd. (4.26%), Meitav Dash Investments Ltd. (2.63%), Assenagon Asset Management S.A. (0.22%), State of New Jersey Common Pension Fund D (0.14%), ARK Investment Management LLC (0.10%) and Monarch Partners Asset Management LLC (0.06%).

Shares of NVMI stock 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 $93.02.

Nova (NASDAQ:NVMI) has a market capitalization of $2.67 billion and generates $416.11 million in revenue each year. The semiconductor company earns $93.10 million in net income (profit) each year or $3.99 on an earnings per share basis.

The company employs 819 workers across the globe.

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