Nova (NASDAQ:NVMI – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 3.030-3.180 for the period, compared to the consensus estimate of 3.020. The company issued revenue guidance of $305.0 million-$315.0 million, compared to the consensus revenue estimate of $306.1 million.
Nova Price Performance
NASDAQ:NVMI traded down $15.05 during trading hours on Thursday, hitting $280.30. The company had a trading volume of 550,353 shares, compared to its average volume of 439,906. The company has a market capitalization of $8.91 billion, a PE ratio of 34.69, a price-to-earnings-growth ratio of 1.51 and a beta of 1.85. The stock has a 50-day moving average price of $349.25 and a 200 day moving average price of $438.79. Nova has a 52 week low of $266.43 and a 52 week high of $615.99.
Nova (NASDAQ:NVMI – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.77 by $0.09. Nova had a net margin of 28.84% and a return on equity of 21.41%. The business had revenue of $287.84 million during the quarter, compared to analyst estimates of $282.23 million. During the same period in the prior year, the business earned $2.16 EPS. The company’s revenue for the quarter was up 28.2% on a year-over-year basis. Nova has set its Q4 2026 guidance at 3.030-3.180 EPS. Analysts anticipate that Nova will post 9.89 EPS for the current fiscal year.
Nova declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, September 2nd that authorizes the company to buy back $200 million in outstanding shares. This buyback authorization authorizes the semiconductor company to repurchase up to 1.9% of its shares through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on NVMI shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $600.00 price objective on shares of Nova in a research report on Thursday, August 6th. Wall Street Zen cut Nova from a “hold” rating to a “sell” rating in a research note on Sunday, October 25th. Weiss Ratings restated a “hold (c)” rating on shares of Nova in a research report on Friday, October 2nd. Zacks Research lowered Nova from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Finally, Citigroup cut Nova from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $550.00 to $415.00 in a research note on Thursday, October 8th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $482.78.
Read Our Latest Research Report on NVMI
Insider Activity at Nova
In related news, CEO Gabriel Waisman sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $342.27, for a total transaction of $513,405.00. Following the completion of the transaction, the chief executive officer owned 27,214 shares of the company’s stock, valued at $9,314,535.78. This trade represents a 5.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shay Wolfing sold 3,864 shares of Nova stock in a transaction on Monday, September 21st. The shares were sold at an average price of $363.28, for a total value of $1,403,713.92. Following the transaction, the insider owned 21,409 shares of the company’s stock, valued at $7,777,461.52. The trade was a 15.29% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.00% of the company’s stock.
Nova News Summary
Here are the key news stories impacting Nova this week:
- Positive Sentiment: Third-quarter revenue reached a record $287.8 million, up 28% year over year, while adjusted EPS of $2.86 topped consensus estimates. Nova Reports Record Third Quarter 2026 Financial Results
- Positive Sentiment: Nova forecast fourth-quarter EPS of $3.03–$3.18, above the $3.02 consensus, and revenue of $305 million–$315 million, compared with expectations of $306.1 million.
- Neutral Sentiment: Needham lowered its price target to $420 from $570 but maintained a Buy rating. The reduction is a cautionary signal, while the retained rating indicates the analyst still sees potential upside.
- Negative Sentiment: Despite the earnings and revenue beats, reports noted that the stock declined, indicating investors may have expected stronger results or guidance. Nova Q3: beats on revenue but stock drops
Nova Company Profile
Nova Ltd. (NASDAQ: NVMI) develops and supplies metrology and process-control solutions for the semiconductor manufacturing industry. Its systems help chipmakers measure and control critical dimensions, film thickness, material properties and other characteristics during the production of integrated circuits.
The company’s product portfolio includes optical and X-ray metrology systems, chemical metrology solutions, and related software and analytics tools. These technologies are used in multiple stages of semiconductor fabrication, including front-end wafer processing and advanced packaging, to support process development, yield improvement and manufacturing control.
Founded in 1993, Nova is headquartered in Rehovot, Israel, and serves semiconductor manufacturers and other industry customers through operations and support activities across North America, Europe and Asia.
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