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.

Nova Trading Up 6.6 %

Shares of NASDAQ NVMI traded up $16.28 on Thursday, reaching $261.71. 341,340 shares of the company traded hands, compared to its average volume of 227,671. The company has a 50 day moving average of $219.90 and a 200 day moving average of $206.68. Nova has a fifty-two week low of $154.54 and a fifty-two week high of $289.90. The stock has a market capitalization of $7.60 billion, a PE ratio of 48.77, a P/E/G ratio of 2.07 and a beta of 1.44.

Nova (NASDAQ:NVMI) last announced its quarterly earnings results 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 return on equity of 21.35% and a net margin of 28.00%. As a group, research analysts expect that Nova will post 5.78 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have issued reports on NVMI. Needham & Company LLC reiterated a “hold” rating on shares of Nova in a research note on Friday, November 8th. Citigroup raised shares of Nova from a “neutral” rating to a “buy” rating and upped their price target for the stock from $226.00 to $240.00 in a research report on Monday, January 6th. Benchmark raised their price objective on Nova from $240.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Finally, Cantor Fitzgerald initiated coverage on Nova in a research report on Monday, January 13th. They issued an “overweight” rating and a $275.00 target price for the company. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Nova has a consensus rating of “Moderate Buy” and a consensus price target of $238.33.

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.