Nova Ltd. (NASDAQ:NVMI) Receives Average Rating of “Moderate Buy” from Analysts

Nova Ltd. (NASDAQ:NVMI) has earned an average rating of “Moderate Buy” from the ten analysts that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $551.25.

Several equities research analysts recently weighed in on NVMI shares. Evercore reiterated an “outperform” rating and issued a $600.00 target price on shares of Nova in a research note on Friday, May 15th. Morgan Stanley boosted their price target on Nova from $494.00 to $540.00 and gave the company an “equal weight” rating in a research note on Monday. Wall Street Zen raised Nova from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Needham & Company LLC raised their price objective on Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Finally, Barclays lifted their price objective on Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a report on Friday, May 15th.

Insider Transactions at Nova

In other news, Director Eitan Oppenhaim sold 1,504 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $519.48, for a total transaction of $781,297.92. Following the completion of the transaction, the director directly owned 6,668 shares of the company’s stock, valued at approximately $3,463,892.64. This trade represents a 18.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarit Sagiv sold 454 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $536.52, for a total transaction of $243,580.08. Following the transaction, the director directly owned 1,951 shares of the company’s stock, valued at $1,046,750.52. The trade was a 18.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 7,798 shares of company stock valued at $4,125,266. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NVMI. Royal Bank of Canada grew 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 valued at $1,966,000 after purchasing an additional 9,265 shares during the period. Advisors Asset Management Inc. lifted its position in shares of Nova by 51.6% during the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock worth $69,000 after buying an additional 128 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in Nova in the 2nd quarter valued at $5,445,000. EverSource Wealth Advisors LLC boosted 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 valued at $72,000 after buying an additional 100 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in Nova in the second quarter valued at $1,886,000. Institutional investors own 82.99% of the company’s stock.

Nova Stock Up 4.9%

NVMI opened at $473.99 on Friday. The stock’s 50 day moving average price is $514.68 and its two-hundred day moving average price is $467.82. The firm has a market capitalization of $15.06 billion, a P/E ratio of 59.10, a price-to-earnings-growth ratio of 3.27 and a beta of 1.74. Nova has a 12-month low of $232.73 and a 12-month high of $615.99.

Nova (NASDAQ:NVMI) last issued its quarterly earnings results on Thursday, May 14th. The semiconductor company reported $2.33 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.13. Nova had a return on equity of 21.77% and a net margin of 29.21%.The company had revenue of $235.31 million during the quarter, compared to analyst estimates of $227.02 million. During the same period in the previous year, the company earned $2.18 earnings per share. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, analysts anticipate that Nova will post 9.46 earnings per share for the current year.

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.