Nova (NASDAQ:NVMI) Price Target Cut to $500.00 by Analysts at Cantor Fitzgerald

Nova (NASDAQ:NVMI) had its target price trimmed by Cantor Fitzgerald from $600.00 to $500.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the semiconductor company’s stock.

A number of other equities research analysts also recently issued reports on the company. Evercore restated an “outperform” rating and set a $600.00 price objective on shares of Nova 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 note on Saturday, May 16th. Zacks Research downgraded Nova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Needham & Company LLC upped their target price on Nova from $500.00 to $640.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $600.00 price target on shares of Nova in a report on Thursday. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $519.44.

Nova Trading Up 3.1%

Nova stock opened at $393.02 on Friday. Nova has a 12-month low of $232.73 and a 12-month high of $615.99. The firm has a 50 day moving average of $480.56 and a 200 day moving average of $475.70. The firm has a market capitalization of $12.49 billion, a price-to-earnings ratio of 48.64, a P/E/G ratio of 2.76 and a beta of 1.78.

Nova (NASDAQ:NVMI) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.10. The company had revenue of $254.96 million for the quarter, compared to the consensus estimate of $250.33 million. Nova had a return on equity of 22.13% and a net margin of 28.84%.The firm’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter last year, the company earned $2.20 EPS. Nova has set its Q3 2026 guidance at 2.700-2.850 EPS. On average, analysts predict that Nova will post 9.46 EPS for the current year.

Insider Buying and Selling at Nova

In related news, Director Eitan Oppenhaim sold 1,290 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $581.20, for a total transaction of $749,748.00. Following the completion of the sale, the director owned 6,421 shares of the company’s stock, valued at approximately $3,731,885.20. This represents a 16.73% decrease in their position. The sale 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, CEO Gabriel Waisman sold 2,966 shares of the firm’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $501.30, for a total value of $1,486,855.80. Following the completion of the sale, the chief executive officer directly owned 28,714 shares of the company’s stock, valued at $14,394,328.20. This trade represents a 9.36% 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 7,798 shares of company stock worth $4,125,266 over the last three months. 1.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Nova in the 2nd quarter worth $391,367,000. Harel Insurance Investments & Financial Services Ltd. grew its holdings 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 worth $940,683,000 after acquiring an additional 697,210 shares during the period. Invesco Ltd. raised its position in Nova by 185.4% in the third quarter. Invesco Ltd. now owns 607,344 shares of the semiconductor company’s stock worth $194,144,000 after acquiring an additional 394,544 shares in the last quarter. Phoenix Financial Ltd. lifted its holdings in Nova by 286.3% in the fourth quarter. Phoenix Financial Ltd. now owns 508,641 shares of the semiconductor company’s stock valued at $167,115,000 after acquiring an additional 376,974 shares during the period. Finally, Norges Bank acquired a new stake in shares of Nova during the 4th quarter valued at approximately $109,568,000. Institutional investors and hedge funds own 82.99% of the company’s stock.

Key Nova News

Here are the key news stories impacting Nova this week:

• Positive Sentiment: Nova reported record second-quarter revenue of approximately $255.0 million, up 8% sequentially and 16% year over year. Earnings were $2.51 per share, exceeding the $2.41 consensus estimate and rising from $2.20 a year earlier. Nova Reports Record Second Quarter 2026 Financial Results
• Positive Sentiment: Third-quarter guidance also surpassed expectations: Nova forecast EPS of $2.70–$2.85 versus the $2.64 analyst consensus, and revenue of $277 million–$287 million versus expectations of $276.7 million. This suggests continued demand for the company’s semiconductor measurement products. Nova Ltd. Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Needham lowered its price target to $570 from $640 but maintained a “Buy” rating, implying substantial upside from the current trading level. Benzinga
• Positive Sentiment: Cantor Fitzgerald reduced its target to $500 from $600 while retaining an “Overweight” rating, indicating analysts remain constructive despite more conservative valuations. Benzinga
• Neutral Sentiment: The target reductions may reflect valuation or broader semiconductor-sector caution. Nova trades at a relatively elevated earnings multiple, so further gains may depend on continued execution and delivery of its strong guidance.

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.