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Nova Ltd (NVMI)

Upturn stock ratingUpturn stock rating
$275.2
Last Close (24-hour delay)
Today's Top PicksToday’s top pick
Profit since last BUY31.22%
upturn advisory
Regular Buy
BUY since 19 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
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Upturn Advisory Summary

06/30/2025: NVMI (3-star) is a STRONG-BUY. BUY since 19 days. Profits (31.22%). Updated daily EoD!

Upturn Star Rating

rating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

7 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $265.76

1 Year Target Price $265.76

Analysts Price Target For last 52 week
$265.76Target price
Low$154
Current$275.2
high$289.9

Analysis of Past Performance

Type Stock
Historic Profit 130.53%
Avg. Invested days 52
Today’s Advisory Regular Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 8.09B USD
Price to earnings Ratio 41.49
1Y Target Price 265.76
Price to earnings Ratio 41.49
1Y Target Price 265.76
Volume (30-day avg) 7
Beta 1.61
52 Weeks Range 154.00 - 289.90
Updated Date 07/1/2025
52 Weeks Range 154.00 - 289.90
Updated Date 07/1/2025
Dividends yield (FY) -
Basic EPS (TTM) 6.47

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 28.46%
Operating Margin (TTM) 30.27%

Management Effectiveness

Return on Assets (TTM) 10.12%
Return on Equity (TTM) 23.87%

Valuation

Trailing PE 41.49
Forward PE 28.33
Enterprise Value 7778908300
Price to Sales(TTM) 10.87
Enterprise Value 7778908300
Price to Sales(TTM) 10.87
Enterprise Value to Revenue 10.46
Enterprise Value to EBITDA 33.61
Shares Outstanding 29400100
Shares Floating 29218985
Shares Outstanding 29400100
Shares Floating 29218985
Percent Insiders -
Percent Institutions 75.42

Analyst Ratings

Rating 2
Target Price 265.76
Buy 1
Strong Buy 5
Buy 1
Strong Buy 5
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Nova Ltd

stock logo

Company Overview

overview logo History and Background

Nova Ltd. (NVMI) was founded in 1993 and is headquartered in Rehovot, Israel. It is a leading innovator of metrology solutions for advanced process control used in semiconductor manufacturing. Over time, Nova has expanded its product portfolio and global presence, establishing itself as a key player in the semiconductor ecosystem.

business area logo Core Business Areas

  • Materials Metrology: Provides advanced metrology solutions for process control of materials composition, thickness, and stress during semiconductor manufacturing.
  • Dimensional Metrology: Offers metrology tools for measuring critical dimensions and overlay registration of semiconductor devices.
  • Chemical Metrology: Delivers metrology solutions for monitoring the chemical composition of process fluids used in semiconductor manufacturing.

leadership logo Leadership and Structure

Eitan Oppenhaim is the President and CEO. The company operates with a functional organizational structure, dividing responsibilities across product lines, sales, marketing, and research and development.

Top Products and Market Share

overview logo Key Offerings

  • Nova i560: A stand-alone metrology system used for advanced materials metrology, specifically for measuring thin films. Market share is difficult to pinpoint precisely, but it's a significant contributor to Nova's materials metrology revenue. Competitors include KLA (KLAC) and Applied Materials (AMAT).
  • Nova MARS: A metrology system for advanced 3D and 2D dimensional measurements. Again, market share data is not readily available on a product-by-product basis. Competitors include KLA (KLAC) and ASML (ASML).

Market Dynamics

industry overview logo Industry Overview

The semiconductor manufacturing industry is highly competitive and technology-driven. Demand for advanced metrology solutions is increasing due to the growing complexity of semiconductor devices and the need for tighter process control. The industry is experiencing cyclical demand swings tied to semiconductor industry capital expenditure cycles.

Positioning

Nova Ltd. is positioned as a leading provider of advanced metrology solutions, particularly for materials metrology. Its competitive advantage lies in its innovative technology, strong customer relationships, and global presence. It focuses on leading-edge technology nodes, and aims to have high market share in those spaces.

Total Addressable Market (TAM)

The overall semiconductor metrology market is estimated to be in the billions of dollars annually. Nova Ltd is well positioned to capture a significant share of this TAM through its focus on advanced technologies and expanding product portfolio.

Upturn SWOT Analysis

Strengths

  • Strong technology leadership in materials metrology
  • Established customer relationships with leading semiconductor manufacturers
  • Global presence and service network
  • High gross margins

Weaknesses

  • Cyclical revenue stream tied to semiconductor capital expenditure
  • Dependence on a limited number of large customers
  • Smaller scale compared to larger competitors

Opportunities

  • Growing demand for advanced metrology solutions
  • Expansion into new application areas, such as data analytics and process optimization
  • Strategic acquisitions to expand product portfolio
  • Leveraging AI for faster and better process control

Threats

  • Intense competition from larger players
  • Technological obsolescence
  • Geopolitical risks and trade tensions
  • Potential economic downturns impacting semiconductor demand

Competitors and Market Share

competitor logo Key Competitors

  • KLAC
  • AMAT
  • ASML

Competitive Landscape

Nova Ltd. competes with larger, more diversified players such as KLA and Applied Materials. However, it maintains a competitive advantage in certain niche areas, particularly in materials metrology. ASML's growth may present an advantage to its suppliers.

Major Acquisitions

ReVera

  • Year: 2022
  • Acquisition Price (USD millions): 340
  • Strategic Rationale: ReVera complements and strengthens Nova's materials metrology portfolio.

Growth Trajectory and Initiatives

Historical Growth: Nova Ltd. has demonstrated strong revenue growth over the past several years, driven by increasing demand for its metrology solutions. This growth has fluctuated based on the semiconductor cycle.

Future Projections: Analyst estimates suggest continued growth for Nova Ltd., driven by the increasing complexity of semiconductor manufacturing and the demand for advanced metrology tools. Growth is also expected in China despite recent limitations.

Recent Initiatives: Recent initiatives include expanding its product portfolio through acquisitions, investing in research and development, and expanding its presence in emerging markets.

Summary

Nova Ltd. is a strong player in the semiconductor metrology market, particularly in materials metrology. It benefits from strong technology, good customer relationships, and high gross margins. Nova needs to watch out for cyclical downturns in the semiconductor industry and competition from larger companies. Continued innovation and strategic acquisitions are key for future growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Analyst Reports
  • Industry Publications
  • Company Website

Disclaimers:

This analysis is based on publicly available information and analyst estimates. It is not financial advice. Market conditions and company performance can change rapidly.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Nova Ltd

Exchange NASDAQ
Headquaters -
IPO Launch date 2000-04-07
President & CEO Mr. Gabriel Waisman
Sector Technology
Industry Semiconductor Equipment & Materials
Full time employees 1177
Full time employees 1177

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.