Nova Ltd. (NVMI)
NASDAQ: NVMI · Real-Time Price · USD
179.72
+5.54 (3.18%)
Nov 21, 2024, 4:00 PM EST - 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 227.8, with a low estimate of 210 and a high estimate of 245. The average target predicts an increase of 26.75% from the current stock price of 179.72.

Analyst Consensus: Buy
Target Low Average Median High
Price $210 $227.8 $224 $245
Change +16.85% +26.75% +24.64% +36.32%

Analyst Ratings

The average analyst rating for Nova Ltd. stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 344333
Buy 111111
Hold 211222
Sell 000000
Strong Sell 000000
Total 666666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Maintains
$240$245
Strong Buy Maintains $240$245 +36.32% Nov 8, 2024
Needham
Needham
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Nov 8, 2024
Citigroup
Citigroup
Hold
Downgrades
$273$224
Hold Downgrades $273$224 +24.64% Sep 16, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$215$240
Strong Buy Maintains $215$240 +33.54% Aug 9, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$223$273
Strong Buy Maintains $223$273 +51.90% Jul 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
669.92M
from 517.92M
Increased by 29.35%
Revenue Next Year
784.61M
from 669.92M
Increased by 17.12%
EPS This Year
6.61
from 4.28
Increased by 54.25%
EPS Next Year
7.46
from 6.61
Increased by 12.86%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
224.91M269.40M416.11M570.73M517.92M669.92M784.61M860.71M
Revenue Growth
-10.44%19.78%54.46%37.16%-9.25%29.35%17.12%9.70%
EPS
1.231.653.124.434.286.617.468.18
EPS Growth
-34.92%34.15%89.09%42.14%-3.42%54.25%12.86%9.74%
Forward PE
-----27.2024.1021.96
No. Analysts -----884
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 697.3M 842.5M 935.3M
Avg 669.9M 784.6M 860.7M
Low 628.0M 719.3M 780.9M

Revenue Growth

Revenue Growth 2024202520262027
High
34.6%
25.8%
19.2%
Avg
29.3%
17.1%
9.7%
Low
21.3%
7.4%
-0.5%

EPS Forecast

EPS 2024202520262027
High 6.89 7.90 8.81
Avg 6.61 7.46 8.18
Low 6.24 6.94 7.50

EPS Growth

EPS Growth 2024202520262027
High
60.9%
19.5%
18.1%
Avg
54.3%
12.9%
9.7%
Low
45.8%
5.0%
0.7%
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.