Brokerages Set Nova Ltd. (NASDAQ:NVMI) PT at $439.00

Nova Ltd. (NASDAQ:NVMI) has been given a consensus rating of “Buy” by the nine analysts that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $439.00.

A number of research analysts recently weighed in on the stock. Morgan Stanley reaffirmed an “outperform” rating and issued a $453.00 target price on shares of Nova in a research report on Friday, February 13th. Weiss Ratings restated a “hold (c)” rating on shares of Nova in a report on Monday, December 22nd. 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 reiterated a “buy” rating and set a $520.00 target price on shares of Nova in a report on Thursday, February 12th. Finally, Citigroup increased their price target on Nova from $370.00 to $520.00 and gave the company a “buy” rating in a research report on Friday, February 13th.

Hedge Funds Weigh In On Nova

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Smartleaf Asset Management LLC bought a new stake in Nova during the fourth quarter worth $29,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Nova during the 3rd quarter worth about $40,000. CIBC Private Wealth Group LLC increased its stake in shares of Nova by 75.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 56 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Nova by 51.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 164 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 56 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its stake in Nova by 2,042.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 143 shares during the last quarter. 82.99% of the stock is owned by institutional investors.

Nova Stock Up 3.8%

NASDAQ:NVMI opened at $441.62 on Monday. The stock has a 50-day simple moving average of $425.84 and a 200 day simple moving average of $348.09. Nova has a 52-week low of $153.99 and a 52-week high of $507.27. The company has a market cap of $14.03 billion, a PE ratio of 55.13, a PEG ratio of 3.11 and a beta of 1.83. The company has a debt-to-equity ratio of 0.56, a quick ratio of 5.47 and a current ratio of 6.28.

Nova (NASDAQ:NVMI) last released its quarterly earnings results 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 firm had revenue of $222.62 million during the quarter, compared to the consensus estimate of $220.43 million. Nova had a return on equity of 22.90% and a net margin of 29.44%.The business’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.94 EPS. 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 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.