Nova (NASDAQ:NVMI) Stock Rating Upgraded by Wall Street Zen

Posted by Brian Himes on Nov 9th, 2026

Nova (NASDAQ:NVMI – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday, Wall Street Zen reports.

A number of other analysts have also issued reports on NVMI. Barclays dropped their price objective on shares of Nova from $600.00 to $500.00 and set an “overweight” rating on the stock in a research note on Friday. Citigroup downgraded shares of Nova from a “buy” rating to a “neutral” rating and decreased their target price for the company from $550.00 to $415.00 in a research note on Thursday, October 8th. Jefferies Financial Group decreased their target price on shares of Nova from $600.00 to $460.00 and set a “buy” rating for the company in a research note on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nova in a report on Friday, October 2nd. Finally, Zacks Research lowered shares of Nova from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nova presently has an average rating of “Moderate Buy” and a consensus price target of $470.00.

Get Our Latest Stock Report on NVMI

Nova Price Performance

NVMI stock opened at $313.18 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 5.39 and a current ratio of 6.21. Nova has a 1 year low of $266.43 and a 1 year high of $615.99. The firm has a market cap of $9.95 billion, a P/E ratio of 35.51, a price-to-earnings-growth ratio of 1.34 and a beta of 1.85. The stock has a 50-day simple moving average of $346.38 and a 200-day simple moving average of $437.27.

Nova (NASDAQ:NVMI – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.77 by $0.09. The firm had revenue of $287.84 million for the quarter, compared to analyst estimates of $282.23 million. Nova had a return on equity of 22.13% and a net margin of 29.87%. Nova’s revenue for the quarter was up 28.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.16 EPS. Nova has set its Q4 2026 guidance at 3.030-3.180 EPS. On average, equities analysts predict that Nova will post 10.02 earnings per share for the current fiscal year.

Nova declared that its board has approved a stock buyback program on Wednesday, September 2nd that allows the company to buy back $200 million in outstanding shares. This repurchase authorization allows the semiconductor company to reacquire up to 1.9% of its shares through open market purchases. Stock repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Insider Transactions at Nova

In other Nova news, CEO Gabriel Waisman sold 1,500 shares of Nova 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 sale, the chief executive officer directly owned 27,214 shares in the company, valued at $9,314,535.78. The trade was a 5.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 stock was sold at an average price of $363.28, for a total transaction of $1,403,713.92. Following the completion of the sale, the insider owned 21,409 shares of the company’s stock, valued at approximately $7,777,461.52. This trade represents a 15.29% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Nova

Large investors have recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Nova by 47.5% in 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 acquiring an additional 697,210 shares during the period. BlackRock Inc. bought a new position in shares of Nova during the second quarter valued at approximately $391,367,000. Bank of America Corp DE bought a new position in shares of Nova during the second quarter valued at approximately $308,300,000. Y.D. More Investments Ltd raised its position in shares of Nova by 15.3% during the 1st quarter. Y.D. More Investments Ltd now owns 377,579 shares of the semiconductor company’s stock worth $161,888,000 after purchasing an additional 50,154 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Nova by 338.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 190,399 shares of the semiconductor company’s stock worth $82,434,000 after purchasing an additional 146,959 shares during the period. 82.99% of the stock is currently owned by institutional investors.

Trending Headlines about Nova

Here are the key news stories impacting Nova this week:

Positive Sentiment: Q3 revenue reached a record $287.8 million, up 28.2% year over year, while adjusted EPS of $2.86 topped the roughly $2.77 consensus. Nova reports record third-quarter results
Positive Sentiment: Nova forecast Q4 revenue of $305 million–$315 million and EPS of $3.03–$3.18, with the EPS range just above analyst expectations. Management also pointed to strong memory and packaging demand and visibility into 2027 growth. Nova Q4 outlook
Neutral Sentiment: Despite the earnings beat, one post-results report said the stock dropped, suggesting strong expectations may have limited the market’s initial response. Nova Q3 results and stock reaction
Negative Sentiment: Barclays reduced its price target to $500 from $600, and Needham cut its target to $420 from $570. Both firms kept positive ratings—Overweight and Buy, respectively—but the lower targets could weigh on sentiment. Barclays rating