Nova (NVMI) to Release Quarterly Earnings on Thursday

Nova (NASDAQ:NVMI) is expected to release its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $2.08 per share and revenue of $210.10 million for the quarter. Nova has set its Q1 2025 guidance at 2.000-2.160 EPS.

Nova (NASDAQ:NVMI) last released its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $1.78 earnings per share for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.04). The firm had revenue of $194.77 million during the quarter, compared to analyst estimates of $186.50 million. Nova had a return on equity of 22.33% and a net margin of 27.33%. On average, analysts expect Nova to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Nova Stock Down 1.1 %

Nova stock opened at $193.88 on Wednesday. Nova has a 52-week low of $154.00 and a 52-week high of $289.90. The firm has a market capitalization of $5.68 billion, a price-to-earnings ratio of 33.78, a PEG ratio of 2.55 and a beta of 1.66. The firm has a 50-day moving average price of $195.21 and a two-hundred day moving average price of $206.83.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on NVMI shares. Bank of America reduced their price objective on Nova from $310.00 to $248.00 and set a “buy” rating for the company in a research report on Wednesday, April 16th. Needham & Company LLC reissued a “hold” rating on shares of Nova in a research note on Friday, February 14th. Cantor Fitzgerald cut their price objective on shares of Nova from $315.00 to $300.00 and set an “overweight” rating on the stock in a research note on Friday, March 14th. Finally, Benchmark increased their target price on shares of Nova from $245.00 to $295.00 and gave the company a “buy” rating in a research report on Friday, February 14th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $264.60.

About Nova

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.