Nova Ltd. (NVMI)
NASDAQ: NVMI · IEX Real-Time Price · USD
165.48
-2.70 (-1.61%)
Apr 24, 2024, 3:08 PM EDT - Market open
Nova Ltd. Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Nova Ltd. stock have an average target of 170.67, with a low estimate of 115 and a high estimate of 210. The average target predicts an increase of 3.14% from the current stock price of 165.48.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Nova Ltd. stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $210 | Buy | Initiates | $210 | +26.90% | Apr 16, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $150 → $187 | Strong Buy | Maintains | $150 → $187 | +13.00% | Feb 16, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $125 → $150 | Strong Buy | Maintains | $125 → $150 | -9.35% | Dec 28, 2023 |
| Benchmark | Benchmark | Strong Buy Maintains $135 → $125 | Strong Buy | Maintains | $135 → $125 | -24.46% | Nov 10, 2023 |
| Benchmark | Benchmark | Strong Buy Maintains $106 → $135 | Strong Buy | Maintains | $106 → $135 | -18.42% | Aug 4, 2023 |
Financial Forecast
Revenue This Year
595.53M
from 517.92M
Increased by 14.98%
Revenue Next Year
683.53M
from 595.53M
Increased by 14.78%
EPS This Year
5.51
from 4.28
Increased by 28.74%
EPS Next Year
6.49
from 5.51
Increased by 17.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 619.5M | 736.7M | 783.0M |
| Avg | 595.5M | 683.5M | 760.6M |
| Low | 560.6M | 612.5M | 730.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.6% | 23.7% | 14.5% |
| Avg | 15.0% | 14.8% | 11.3% |
| Low | 8.2% | 2.8% | 6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.03 | 7.01 | 7.16 |
| Avg | 5.51 | 6.49 | 6.95 |
| Low | 5.04 | 5.71 | 6.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 40.8% | 27.3% | 10.2% |
| Avg | 28.7% | 17.8% | 7.1% |
| Low | 17.7% | 3.7% | 2.9% |
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.