Nova (NASDAQ:NVMI) Issues Q2 2026 Earnings Guidance

Nova (NASDAQ:NVMIGet Free Report) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.340-2.480 for the period, compared to the consensus EPS estimate of 2.310. The company issued revenue guidance of $245.0 million-$255.0 million, compared to the consensus revenue estimate of $241.0 million.

Nova Stock Performance

Shares of Nova stock opened at $503.65 on Thursday. Nova has a 12 month low of $179.00 and a 12 month high of $550.00. The company has a quick ratio of 5.47, a current ratio of 6.28 and a debt-to-equity ratio of 0.56. The stock has a market cap of $16.01 billion, a PE ratio of 62.88, a price-to-earnings-growth ratio of 3.61 and a beta of 1.78. The business has a fifty day simple moving average of $477.37 and a 200-day simple moving average of $410.61.

Nova (NASDAQ:NVMIGet Free Report) last posted its quarterly earnings results on Friday, February 13th. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.13 by $0.01. Nova had a net margin of 29.44% and a return on equity of 22.90%. The business had revenue of $222.62 million during the quarter, compared to analyst estimates of $220.43 million. During the same period in the prior year, the firm earned $1.94 earnings per share. The firm’s revenue was up 14.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Nova will post 9.37 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Jefferies Financial Group restated a “buy” rating and set a $520.00 price target on shares of Nova in a report on Thursday, February 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nova in a research report on Friday, April 10th. Wall Street Zen downgraded Nova from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Morgan Stanley reissued an “outperform” rating and issued a $453.00 price target on shares of Nova in a research note on Friday, February 13th. Finally, Citigroup increased their price objective on Nova from $370.00 to $520.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $442.25.

Check Out Our Latest Stock Report on NVMI

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in NVMI. Smartleaf Asset Management LLC acquired a new stake in Nova in the 4th quarter worth $29,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Nova during the third quarter valued at about $40,000. CIBC Private Wealth Group LLC lifted its stake in shares of Nova by 75.7% in the third quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 56 shares during the period. Caitong International Asset Management Co. Ltd grew its position in Nova by 2,042.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock worth $48,000 after buying an additional 143 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its stake in Nova by 51.6% during the first quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock valued at $69,000 after acquiring an additional 128 shares during the period. 82.99% of the stock is owned by institutional investors.

Nova Company Profile

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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.

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