Nova Ltd. (NVMI)
NASDAQ: NVMI · IEX Real-Time Price · USD
235.54
+2.69 (1.16%)
At close: Jul 2, 2024, 4:00 PM
239.85
+4.31 (1.83%)
After-hours: Jul 2, 2024, 6:35 PM EDT
Nova Ltd. Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Nova Ltd. stock have an average target of 221.25, with a low estimate of 210 and a high estimate of 240. The average target predicts a decrease of -6.07% from the current stock price of 235.54.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for Nova Ltd. stock from 5 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $200 → $240 | Strong Buy | Initiates | $200 → $240 | +1.89% | May 13, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $187 → $215 | Strong Buy | Maintains | $187 → $215 | -8.72% | May 10, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $190 → $220 | Strong Buy | Maintains | $190 → $220 | -6.60% | May 10, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 10, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $210 | Buy | Initiates | $210 | -10.84% | Apr 16, 2024 |
Financial Forecast
Revenue This Year
613.01M
from 517.92M
Increased by 18.36%
Revenue Next Year
709.22M
from 613.01M
Increased by 15.69%
EPS This Year
5.69
from 4.28
Increased by 33.01%
EPS Next Year
6.70
from 5.69
Increased by 17.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 642.8M | 776.0M | 825.3M | 936.6M |
| Avg | 613.0M | 709.2M | 801.5M | 897.1M |
| Low | 576.0M | 632.1M | 769.8M | 849.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 24.1% | 26.6% | 16.4% | 16.9% |
| Avg | 18.4% | 15.7% | 13.0% | 11.9% |
| Low | 11.2% | 3.1% | 8.5% | 6.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.06 | 7.55 | 8.03 | 8.21 |
| Avg | 5.69 | 6.70 | 7.57 | 7.97 |
| Low | 5.33 | 6.03 | 7.06 | 7.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 41.6% | 32.6% | 19.8% | 8.4% |
| Avg | 33.0% | 17.7% | 13.0% | 5.2% |
| Low | 24.6% | 5.9% | 5.3% | 1.0% |
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.