Nova (NASDAQ:NVMI) Issues Q4 2026 Earnings Guidance

Nova (NASDAQ:NVMI) updated its fourth quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 3.030-3.180 for the period, compared to the consensus estimate of 3.020. The company issued revenue guidance of $305.0 million-$315.0 million, compared to the consensus revenue estimate of $306.1 million.

Nova Stock Performance

NASDAQ:NVMI opened at $313.18 on Friday. The company has a 50 day simple moving average of $346.38 and a two-hundred day simple moving average of $437.27. Nova has a fifty-two week low of $266.43 and a fifty-two week high of $615.99. The company has a market capitalization of $9.95 billion, a PE ratio of 35.51, a P/E/G ratio of 1.51 and a beta of 1.85.

Nova (NASDAQ:NVMI) last issued its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.09. Nova had a return on equity of 21.41% and a net margin of 28.84%. The company had revenue of $287.84 million for the quarter, compared to analysts’ expectations of $282.23 million. During the same period in the prior year, the firm earned $2.16 earnings per share. The firm’s revenue for the quarter was up 28.2% on a year-over-year basis. Nova has set its Q4 2026 guidance at 3.030-3.180 EPS. Research analysts predict that Nova will post 9.89 EPS for the current year.

Nova declared that its Board of Directors has authorized a stock buyback program on Wednesday, September 2nd that authorizes the company to repurchase $200 million in shares. This buyback authorization authorizes the semiconductor company to reacquire up to 1.9% of its stock through open market purchases. Share buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

A number of research firms have recently weighed in on NVMI. Cantor Fitzgerald dropped their target price on Nova from $600.00 to $500.00 and set an “overweight” rating for the company in a research report on Friday, August 7th. Citigroup cut Nova from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $550.00 to $415.00 in a research report on Thursday, October 8th. Barclays cut their target price on Nova from $600.00 to $500.00 and set an “overweight” rating on the stock in a research note on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Nova in a research note on Friday, October 2nd. Finally, Needham & Company LLC dropped their price target on shares of Nova from $570.00 to $420.00 and set a “buy” rating on the stock in a research report on Thursday. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Nova presently has an average rating of “Moderate Buy” and a consensus target price of $470.00.

Insider Transactions at Nova

In related news, CEO Gabriel Waisman sold 1,500 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $342.27, for a total transaction of $513,405.00. Following the transaction, the chief executive officer directly owned 27,214 shares in the company, valued at approximately $9,314,535.78. This represents a 5.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shay Wolfing sold 3,864 shares of the company’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $363.28, for a total transaction of $1,403,713.92. Following the transaction, the insider owned 21,409 shares of the company’s stock, valued at approximately $7,777,461.52. The trade was a 15.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.00% of the stock is currently owned by company insiders.

Key Nova News

Here are the key news stories impacting Nova this week:

• Positive Sentiment: Q3 revenue reached a record $287.8 million, up 28.2% year over year, while adjusted EPS of $2.86 topped the roughly $2.77 consensus. Nova reports record third-quarter results
• Positive Sentiment: Nova forecast Q4 revenue of $305 million–$315 million and EPS of $3.03–$3.18, with the EPS range just above analyst expectations. Management also pointed to strong memory and packaging demand and visibility into 2027 growth. Nova Q4 outlook
• Neutral Sentiment: Despite the earnings beat, one post-results report said the stock dropped, suggesting strong expectations may have limited the market’s initial response. Nova Q3 results and stock reaction
• Negative Sentiment: Barclays reduced its price target to $500 from $600, and Needham cut its target to $420 from $570. Both firms kept positive ratings—Overweight and Buy, respectively—but the lower targets could weigh on sentiment. Barclays rating

About Nova

Nova Ltd. (NASDAQ: NVMI) develops and supplies metrology and process-control solutions for the semiconductor manufacturing industry. Its systems help chipmakers measure and control critical dimensions, film thickness, material properties and other characteristics during the production of integrated circuits.

The company’s product portfolio includes optical and X-ray metrology systems, chemical metrology solutions, and related software and analytics tools. These technologies are used in multiple stages of semiconductor fabrication, including front-end wafer processing and advanced packaging, to support process development, yield improvement and manufacturing control.

Founded in 1993, Nova is headquartered in Rehovot, Israel, and serves semiconductor manufacturers and other industry customers through operations and support activities across North America, Europe and Asia.