Nova (NASDAQ:NVMI) Issues Q1 2025 Earnings Guidance

Nova (NASDAQ:NVMI) issued an update on its first quarter 2025 earnings guidance on Thursday morning. 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.

Nova Stock Down 0.4 %

Shares of NVMI stock opened at $267.97 on Friday. Nova has a twelve month low of $154.54 and a twelve month high of $289.90. The company has a market cap of $7.78 billion, a P/E ratio of 49.99, a P/E/G ratio of 2.07 and a beta of 1.44. The business has a fifty day simple moving average of $221.56 and a 200 day simple moving average of $207.11.

Nova (NASDAQ:NVMI) last announced its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $1.78 earnings per share for the quarter, missing the consensus estimate of $1.82 by ($0.04). Nova had a return on equity of 21.35% and a net margin of 28.00%. As a group, equities research analysts anticipate that Nova will post 5.78 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

NVMI has been the subject of several recent analyst reports. Benchmark upped their price objective on Nova from $245.00 to $295.00 and gave the stock a “buy” rating in a research report on Friday. Needham & Company LLC reaffirmed a “hold” rating on shares of Nova in a report on Friday. Citigroup raised Nova from a “neutral” rating to a “buy” rating and upped their target price for the stock from $226.00 to $240.00 in a report on Monday, January 6th. Finally, Cantor Fitzgerald started coverage on Nova in a report on Monday, January 13th. They issued an “overweight” rating and a $275.00 target price for the company. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $246.67.

Nova Company Profile

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.