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

Shares of Nova Ltd. (NASDAQ:NVMI) have been assigned a consensus rating of “Moderate Buy” from the eleven research firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $518.2222.

NVMI has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Nova from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Morgan Stanley set a $494.00 price target on shares of Nova in a research note on Thursday, May 14th. Citigroup increased their price target on shares of Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Barclays increased their price target on shares of Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Finally, Evercore reissued an “outperform” rating and issued a $600.00 price target on shares of Nova in a research note on Friday, May 15th.

Insider Buying and Selling

In related news, Director Eitan Oppenhaim sold 1,504 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $519.48, for a total value of $781,297.92. Following the completion of the transaction, the director directly owned 6,668 shares of the company’s stock, valued at $3,463,892.64. This represents a 18.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarit Sagiv sold 426 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $514.49, for a total transaction of $219,172.74. Following the completion of the transaction, the director directly owned 2,437 shares of the company’s stock, valued at approximately $1,253,812.13. The trade was a 14.88% 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. Insiders sold a total of 2,411 shares of company stock valued at $1,243,018 over the last three months. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Nova

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Wasatch Advisors LP increased its stake in shares of Nova by 4.9% during the second quarter. Wasatch Advisors LP now owns 2,200,948 shares of the semiconductor company’s stock valued at $605,701,000 after purchasing an additional 102,250 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Nova by 47.5% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,166,073 shares of the semiconductor company’s stock valued at $940,683,000 after purchasing an additional 697,210 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Nova by 7.0% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,493,657 shares of the semiconductor company’s stock valued at $490,502,000 after purchasing an additional 98,000 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Nova by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 1,128,957 shares of the semiconductor company’s stock valued at $377,402,000 after purchasing an additional 15,195 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of Nova by 4.4% during the fourth quarter. Invesco Ltd. now owns 634,284 shares of the semiconductor company’s stock valued at $208,293,000 after purchasing an additional 26,940 shares in the last quarter. Institutional investors own 82.99% of the company’s stock.

Nova Price Performance

NVMI opened at $514.49 on Wednesday. The firm has a market capitalization of $16.35 billion, a price-to-earnings ratio of 64.15, a PEG ratio of 3.68 and a beta of 1.75. Nova has a one year low of $217.50 and a one year high of $565.00. The business has a 50 day simple moving average of $500.32 and a two-hundred day simple moving average of $435.41.

Nova (NASDAQ:NVMI) last issued its quarterly earnings data on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.13. The firm had revenue of $235.31 million for the quarter, compared to analyst estimates of $227.02 million. Nova had a return on equity of 21.77% and a net margin of 29.21%.The business’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company earned $2.18 EPS. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. As a group, sell-side analysts expect that Nova will post 9.44 EPS for the current fiscal 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.