NVMI

Nova Ltd

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272.310

+2(0.740%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

279.710

Open

269.100

VWAP

275.84

Vol

215.63K

Mkt Cap

8.01B

Low

269.100

Amount

59.48M

EV/EBITDA(TTM)

28.19

Total Shares

29.05M

7.54B

EV/OCF(TTM)

32.83

P/S(TTM)

10.72

Nova Ltd, former Nova Measuring Instruments Ltd,is an Israel based company which provides metrology solutions for the semiconductor manufacturing industry. The Company offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems, which are attached directly to wafer fabrication process equipment. Its metrology systems measure various film thickness and composition properties, as well as critical-dimension (CD) variables during various front-end and back-end of line steps in the semiconductor wafer fabrication process. Its product portfolio includes a set of in-situ, integrated and stand-alone metrology platforms suited for dimensional, films and material metrology measurements for process control across multiple semiconductor manufacturing process steps. Its products include NovaScan 2040, NovaScan 3090Next, Nova i500, Nova T500, Nova T600, Nova V2600 TSV metrology system among others.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

222.37M

+4.23%

2.155

-1.15%

217.03M

+11.43%

2.074

+6.89%

221.61M

+23.82%

2.140

+23%

Estimates Revision

The market is revising Upward the revenue expectations for Nova Ltd. (NVMI) for FY2025, with the revenue forecasts being adjusted by 0.29% over the past three months. During the same period, the stock price has changed by 39.19%.

Revenue Estimates for FY2025

Revise Upward

+0.29%

In Past 3 Month

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+39.19%

In Past 3 Month

7 Analyst Rating

4.11% Upside

Wall Street analysts forecast NVMI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVMI is 283.50 USD with a low forecast of 240.00 USD and a high forecast of 331.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

1 Hold

0 Sell

Strong Buy

4.11% Upside

Current: 272.310

Low

240.00

Averages

283.50

High

331.00

4.11% Upside

Current: 272.310

Low

240.00

Averages

283.50

High

331.00

BofA

Buy

upgrade

$250 -> $270

2025-06-24

Reason

BofA

Price Target

$250 -> $270

2025-06-24

upgrade

Buy

Reason

BofA raised the firm's price target on Nova to $270 from $250 and keeps a Buy rating on the shares. Nova is the analyst's top small-to-mid cap semicap given what it calls "robust leading-edge WFE drivers," including ongoing share gains in the dimensional/chemicals segments, enhanced by greenfield expansion in materials metrology.

Cantor Fitzgerald

Matthew Prisco

Overweight

maintain

$250 -> $300

2025-06-24

Reason

Cantor Fitzgerald

Matthew Prisco

Price Target

$250 -> $300

2025-06-24

maintain

Overweight

Reason

Cantor Fitzgerald analyst Matthew Prisco raised the firm's price target on Nova to $300 from $250 and keeps an Overweight rating on the shares. Nova continues to offer upside given leverage to the leading-edge and increase Materials Metrology adoption, the analyst tells investors in a research note.

Citi

Buy

downgrade

$290 -> $280

2025-05-09

Reason

Citi

Price Target

$290 -> $280

2025-05-09

downgrade

Buy

Reason

Citi lowered the firm's price target on Nova to $280 from $290 and keeps a Buy rating on the shares. The shares traded down after the company reported its March quarter above the midpoint of guidance and guided the June quarter in line with Street, the analyst tells investors in a research note. The firm says that while full year visibility is limited, China revenue is expected to be flat to slightly down in 2025.

Evercore ISI

Outperform -> NULL

downgrade

$300 -> $240

2025-05-08

Reason

Evercore ISI

Price Target

$300 -> $240

2025-05-08

downgrade

Outperform -> NULL

Reason

Evercore ISI lowered the firm's price target on Nova to $240 from $300 and keeps an Outperform rating on the shares following Q1 results. The firm noted that Nova issued Q2 guidance below its expectations. However, Evercore said it would be buyers of weakness of what it senses as conservative guidance in light of macro-related uncertainty from tariffs.

B of A Securities

Vivek Arya

Strong Buy

Maintains

$310 → $248

2025-04-16

Reason

B of A Securities

Vivek Arya

Price Target

$310 → $248

2025-04-16

Maintains

Strong Buy

Reason

Cantor Fitzgerald

Matthew Prisco

Buy

Maintains

$315 → $300

2025-03-14

Reason

Cantor Fitzgerald

Matthew Prisco

Price Target

$315 → $300

2025-03-14

Maintains

Buy

Reason

Cantor Fitzgerald lowered the firm's price target on Nova to $300 from $315 and keeps an Overweight rating on the shares. Nova offered few surprises at its Virtual Analyst Day, the first Analyst Day since 2022, and the calendar 2027 model was taken higher, generally in line with the firm's expectations, the analyst tells investors in a research note. The firm's bullish view has not changed, and would recommend buying shares on any weakness.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Nova Ltd (NVMI.O) is 31.35, compared to its 5-year average forward P/E of 25.35. For a more detailed relative valuation and DCF analysis to assess Nova Ltd 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

25.35

Current PE

31.35

Overvalued PE

30.00

Undervalued PE

20.70

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued

5Y Average EV/EBITDA

18.38

Current EV/EBITDA

24.10

Overvalued EV/EBITDA

22.11

Undervalued EV/EBITDA

14.66

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

6.44

Current PS

8.95

Overvalued PS

7.86

Undervalued PS

5.03