Nova (NASDAQ:NVMI) Updates Q1 2025 Earnings Guidance

Nova (NASDAQ:NVMI) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 2.000-2.160 for the period, compared to the consensus EPS 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 Performance

Nova stock traded up $16.28 during mid-day trading on Thursday, reaching $261.71. 341,340 shares of the company were exchanged, compared to its average volume of 227,671. The firm has a market cap of $7.60 billion, a P/E ratio of 48.77, a PEG ratio of 2.07 and a beta of 1.44. The business has a fifty day moving average of $219.90 and a 200 day moving average of $206.68. Nova has a 12-month low of $154.54 and a 12-month high of $289.90.

Nova (NASDAQ:NVMI) last issued its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $1.78 EPS for the quarter, missing the consensus estimate of $1.82 by ($0.04). Nova had a net margin of 28.00% and a return on equity of 21.35%. Sell-side analysts predict that Nova will post 5.78 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on NVMI shares. Needham & Company LLC reaffirmed a “hold” rating on shares of Nova in a report on Friday, November 8th. Benchmark increased their price target on Nova from $240.00 to $245.00 and gave the company a “buy” rating in a report on Friday, November 8th. Citigroup upgraded shares of Nova from a “neutral” rating to a “buy” rating and boosted their target price for the company from $226.00 to $240.00 in a report on Monday, January 6th. Finally, Cantor Fitzgerald began coverage on Nova in a research report on Monday, January 13th. They set an “overweight” rating and a $275.00 price objective for the company. One investment 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, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $238.33.

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.