Nova Ltd. (NVMI)
NASDAQ: NVMI · Real-Time Price · USD
197.20
-2.63 (-1.32%)
Sep 6, 2024, 4:00 PM EDT - Market closed

Nova Ltd. Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Nova Ltd. stock have an average target of 236.6, with a low estimate of 210 and a high estimate of 273. The average target predicts an increase of 19.98% from the current stock price of 197.20.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $210 $236.6 $240 $273
Change +6.49% +19.98% +21.70% +38.44%
* Price targets were last updated on Aug 9, 2024.

Analyst Ratings

The average analyst rating for Nova Ltd. stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Mar '24Apr '24May '24Jun '24Jul '24Aug '24
Strong Buy 223344
Buy 011111
Hold 112211
Sell 000000
Strong Sell 000000
Total 346666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Maintains
$215$240
Strong Buy Maintains $215$240 +21.70% Aug 9, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$223$273
Strong Buy Maintains $223$273 +38.44% Jul 15, 2024
Jefferies
Jefferies
Strong Buy
Initiates
$200$240
Strong Buy Initiates $200$240 +21.70% May 13, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$187$215
Strong Buy Maintains $187$215 +9.03% May 10, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$190$220
Strong Buy Maintains $190$220 +11.56% May 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
661.28M
from 517.92M
Increased by 27.68%
Revenue Next Year
774.54M
from 661.28M
Increased by 17.13%
EPS This Year
6.49
from 4.28
Increased by 51.62%
EPS Next Year
7.43
from 6.49
Increased by 14.43%
Year 2019 2020 2021 2022 2023 2024 2025 2026
Revenue
224.91M269.40M416.11M570.73M517.92M661.28M774.54M839.15M
Revenue Growth
-10.44%19.78%54.46%37.16%-9.25%27.68%17.13%8.34%
EPS
1.231.653.124.434.286.497.438.15
EPS Growth
-34.92%34.15%89.09%42.14%-3.42%51.62%14.43%9.64%
Forward PE
-----30.3726.5424.20
No. Analysts -----884
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 690.5M 842.5M 903.5M
Avg 661.3M 774.5M 839.2M
Low 628.0M 719.3M 769.2M

Revenue Growth

Revenue Growth 2024202520262027
High
33.3%
27.4%
16.6%
Avg
27.7%
17.1%
8.3%
Low
21.3%
8.8%
-0.7%

EPS Forecast

EPS 2024202520262027
High 6.76 7.90 8.74
Avg 6.49 7.43 8.15
Low 6.10 7.03 7.50

EPS Growth

EPS Growth 2024202520262027
High
57.9%
21.6%
17.6%
Avg
51.6%
14.4%
9.6%
Low
42.3%
8.2%
0.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.