Nova (NASDAQ:NVMI) Updates Q1 2025 Earnings Guidance

Nova (NASDAQ:NVMI) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 2.000-2.160 for the period, compared to the consensus earnings per share estimate of 1.860. The company issued revenue guidance of $205.0 million-$215.0 million, compared to the consensus revenue estimate of $192.6 million.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NVMI. Needham & Company LLC reiterated a “hold” rating on shares of Nova in a research note on Friday, November 8th. Cantor Fitzgerald began coverage on shares of Nova in a research note on Monday, January 13th. They set an “overweight” rating and a $275.00 target price on the stock. Citigroup upgraded shares of Nova from a “neutral” rating to a “buy” rating and lifted their target price for the company from $226.00 to $240.00 in a research note on Monday, January 6th. Finally, Benchmark lifted their target price on shares of Nova from $240.00 to $245.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $238.33.

Nova Stock Up 5.7 %

NASDAQ NVMI traded up $13.98 on Thursday, reaching $259.41. The company had a trading volume of 237,412 shares, compared to its average volume of 223,610. The stock has a market capitalization of $7.54 billion, a PE ratio of 48.38, a price-to-earnings-growth ratio of 2.07 and a beta of 1.44. The firm’s 50 day moving average price is $219.90 and its 200 day moving average price is $206.68. Nova has a 12 month low of $154.54 and a 12 month high of $289.90.

Nova (NASDAQ:NVMI) last announced its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $1.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.04). Nova had a net margin of 28.00% and a return on equity of 21.35%. On average, research analysts expect that Nova will post 5.78 EPS for the current year.

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.