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

Shares of Nova Ltd. (NASDAQ:NVMI) have received a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $518.2222.

Several research analysts recently issued reports on the stock. Barclays upped their target price on shares of Nova from $465.00 to $600.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Jefferies Financial Group upped their target price on shares of Nova from $520.00 to $640.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Citigroup upped their target price on shares of Nova from $520.00 to $595.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Wall Street Zen upgraded shares of Nova from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Evercore reiterated an “outperform” rating and issued a $600.00 target price on shares of Nova in a research report on Friday, May 15th.

Insider Buying and Selling

In other Nova news, Director Eitan Oppenhaim sold 1,504 shares of the company’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 sale, the director directly owned 6,668 shares in the company, 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 SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarit Sagiv sold 426 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $514.49, for a total transaction of $219,172.74. Following the sale, the director 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. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 2,411 shares of company stock worth $1,243,018. Corporate insiders own 1.00% of the company’s stock.

Institutional Trading of Nova

Several institutional investors have recently added to or reduced their stakes in NVMI. Harel Insurance Investments & Financial Services Ltd. boosted its position in 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 buying an additional 697,210 shares during the period. Invesco Ltd. boosted its position in Nova by 185.4% during the third quarter. Invesco Ltd. now owns 607,344 shares of the semiconductor company’s stock valued at $194,144,000 after buying an additional 394,544 shares during the period. Phoenix Financial Ltd. boosted its position in Nova by 286.3% during the fourth quarter. Phoenix Financial Ltd. now owns 508,641 shares of the semiconductor company’s stock valued at $167,115,000 after buying an additional 376,974 shares during the period. Norges Bank purchased a new stake in Nova during the fourth quarter valued at about $109,568,000. Finally, Groupama Asset Managment purchased a new stake in Nova during the third quarter valued at about $79,915,000. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

Nova Stock Performance

Nova stock opened at $514.49 on Wednesday. The stock has a market cap of $16.35 billion, a P/E ratio of 64.15, a PEG ratio of 3.68 and a beta of 1.75. Nova has a fifty-two week low of $217.50 and a fifty-two week high of $565.00. The firm’s fifty day moving average price is $500.32 and its 200-day moving average price is $435.41.

Nova (NASDAQ:NVMI) last announced its earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.13. Nova had a net margin of 29.21% and a return on equity of 21.77%. 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 business earned $2.18 earnings per share. The firm’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. Sell-side analysts predict that Nova will post 9.44 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.