Nova (NASDAQ:NVMI) Releases 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 (EPS) guidance of 2.000-2.160 for the period, compared to the consensus 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 Down 0.4 %

NVMI stock opened at $267.97 on Friday. The firm has a market capitalization of $7.78 billion, a PE ratio of 49.99, a PEG ratio of 2.07 and a beta of 1.44. Nova has a 1-year low of $154.54 and a 1-year high of $289.90. The business’s 50 day simple moving average is $221.56 and its 200 day simple moving average is $207.11.

Nova (NASDAQ:NVMI) last posted its earnings results on Thursday, February 13th. The semiconductor company reported $1.78 earnings per share for the quarter, missing analysts’ consensus estimates 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, sell-side analysts predict that Nova will post 5.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Benchmark upped their price objective on Nova from $245.00 to $295.00 and gave the company a “buy” rating in a report on Friday. Citigroup raised Nova from a “neutral” rating to a “buy” rating and upped their price objective for the company from $226.00 to $240.00 in a report on Monday, January 6th. Cantor Fitzgerald assumed coverage on Nova in a report on Monday, January 13th. They issued an “overweight” rating and a $275.00 price objective on the stock. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Nova in a report on Friday. 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 MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $246.67.

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.