Nova (NVMI) Expected to Announce Quarterly Earnings on Thursday

Nova (NASDAQ:NVMI) is expected to release its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $2.77 per share and revenue of $282.14 million for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Nova (NASDAQ:NVMI) last issued its quarterly earnings data on Friday, August 7th. The semiconductor company reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.10. Nova had a return on equity of 21.41% and a net margin of 28.84%. The business had revenue of $254.96 million for the quarter, compared to the consensus estimate of $250.33 million. During the same period in the prior year, the business earned $2.20 earnings per share. The business’s revenue was up 15.9% on a year-over-year basis. On average, analysts expect Nova to post $9.89 EPS for the current fiscal year and $12.76 EPS for the next fiscal year.

Nova Stock Performance

Shares of NASDAQ NVMI opened at $334.72 on Thursday. Nova has a 1 year low of $266.43 and a 1 year high of $615.99. The firm’s 50 day moving average price is $355.82 and its 200 day moving average price is $441.30. The firm has a market cap of $10.64 billion, a P/E ratio of 41.43, a price-to-earnings-growth ratio of 1.55 and a beta of 1.79.

Nova announced that its Board of Directors has initiated a stock buyback plan on Wednesday, September 2nd that authorizes the company to repurchase $200 million in shares. This buyback authorization authorizes the semiconductor company to repurchase up to 1.9% of its stock through open market purchases. Share buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NVMI. Evercore set a $475.00 price target on shares of Nova in a research report on Friday, August 7th. Jefferies Financial Group reissued a “buy” rating and issued a $600.00 price objective on shares of Nova in a research report on Thursday, August 6th. Needham & Company LLC cut their target price on shares of Nova from $640.00 to $570.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Zacks Research lowered shares of Nova from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, Cantor Fitzgerald reduced their target price on shares of Nova from $600.00 to $500.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. Seven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $499.44.

Insider Activity

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

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.