Nova (NASDAQ:NVMI) Updates Q1 2026 Earnings Guidance

Nova (NASDAQ:NVMI) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.130-2.250 for the period, compared to the consensus estimate of 2.050. The company issued revenue guidance of $222.0 million-$232.0 million, compared to the consensus revenue estimate of $221.9 million.

Nova Price Performance

Shares of NASDAQ NVMI opened at $475.83 on Thursday. Nova has a 1 year low of $153.99 and a 1 year high of $507.27. The stock has a market capitalization of $13.99 billion, a P/E ratio of 62.20, a P/E/G ratio of 2.78 and a beta of 1.84. The company’s 50-day moving average is $390.31 and its 200 day moving average is $329.56. The company has a debt-to-equity ratio of 0.62, a current ratio of 4.58 and a quick ratio of 4.00.

Nova (NASDAQ:NVMI) last announced its quarterly earnings data on Thursday, February 12th. The semiconductor company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.13 by $0.01. The business had revenue of $222.62 million for the quarter, compared to analysts’ expectations of $220.43 million. Nova had a net margin of 28.73% and a return on equity of 24.09%. Nova has set its Q1 2026 guidance at 2.130-2.250 EPS. On average, sell-side analysts expect that Nova will post 7.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on NVMI shares. Benchmark lifted their target price on Nova from $280.00 to $345.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Jefferies Financial Group lifted their target price on Nova from $360.00 to $390.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Nova in a research note on Monday, December 22nd. Evercore increased their price target on Nova from $290.00 to $340.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Finally, Morgan Stanley began coverage on shares of Nova in a research note on Monday, December 1st. They issued an “equal weight” rating and a $335.00 price objective for the company. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $348.57.

Institutional Investors Weigh In On Nova

Hedge funds have recently modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Nova during the 3rd quarter worth approximately $40,000. CIBC Private Wealth Group LLC raised its holdings in Nova by 75.7% in the third quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 56 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Nova by 2,042.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 143 shares in the last quarter. Advisors Asset Management Inc. lifted its position in 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 acquiring an additional 128 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Nova by 62.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the semiconductor company’s stock worth $72,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Nova Company Profile

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.