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Upturn AI Summary - About
Nova Ltd(NVMI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NVMI
11/04/2026: NVMI (2-star) is currently NOT-A-BUY. Pass it for now.
Nova Ltd is a specialized provider of metrology and process control solutions for the semiconductor industry, focusing on high-precision optical and X-ray measurement. The company’s strength lies in its ability to integrate hardware and software to help manufacturers improve yield on complex chip architectures. Its primary investment story centers on the rising demand for sophisticated process control in advanced manufacturing nodes like 3nm and 2nm. Key risks include exposure to cyclical semiconductor capital expenditure, intense competition, and geopolitical trade tensions. The stock is best suited for growth-oriented investors who can tolerate industry-specific volatility and who prioritize long-term technological positioning over dividend income.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company benefits from long-term secular growth trends in semiconductor manufacturing. |
| Momentum investor | Strong fit while signal remains positive | The stock often reacts positively to broad semiconductor industry spending cycles. |
| Value investor | Mixed fit | Valuation is often tied to high-growth expectations rather than low price-to-earnings multiples. |
| Dividend investor | Weak fit | Nova focuses primarily on reinvestment and growth rather than dividend payouts. |
| Low-risk investor | Weak fit | The stock is subject to the inherent volatility of the semiconductor industry. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Cyclical semiconductor demand leads to significant price swings. |
| Valuation risk | Medium / high | Growth expectations are often priced into the stock, leaving little room for error. |
| Competition risk (KLA Corporation) | High | Large competitors like KLA can aggressively challenge Nova's specialized market segments. |
| Business quality | Strong | The company has a solid reputation for technical excellence and high-margin products. |
| Dividend income | Low / none | It is a growth-oriented stock not suited for income-focused investors. |
| Execution risk | Medium | Successful product adoption in new nodes is critical for maintaining market share. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 99.69% | Avg. Invested days 47 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/04/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.63B USD | Price to earnings Ratio 37.84 | 1Y Target Price 515.12 |
Price to earnings Ratio 37.84 | 1Y Target Price 515.12 | ||
Volume (30-day avg) 281.4K shares | Beta 1.88 | 52 Weeks Range 266.43 - 615.99 | Updated Date 11/03/2026 |
52 Weeks Range 266.43 - 615.99 | Updated Date 11/03/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 8 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Metrology Hardware | Optical and X-ray systems for physical measurement. | Selling the core machines that check chip quality. |
| Software and Services | Modeling software, subscriptions, and maintenance. | Higher-margin recurring income that adds stability. |
| Geographic Markets | Asia-Pacific, North America, and Europe. | Exposure to global semiconductor manufacturing hubs. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-11-05 | When Before Market | Estimate 2.58 | Actual - |
Profitability
Profit Margin 28.84% | Operating Margin (TTM) 29.88% |
Management Effectiveness
Return on Assets (TTM) 8.47% | Return on Equity (TTM) 21.11% |
Valuation
Trailing PE 37.84 | Forward PE 21.46 | Enterprise Value 9.45B | Price to Sales(TTM) 10.27 |
Enterprise Value 9.45B | Price to Sales(TTM) 10.27 | ||
Enterprise Value to Revenue 10.08 | Enterprise Value to EBITDA 31.99 | Shares Outstanding 31.81M | Shares Floating 31.70M |
Shares Outstanding 31.81M | Shares Floating 31.70M | ||
Percent Insiders 0.26 | Percent Institutions 76.96 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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