Overview

• Israel metrology solutions provider's Q4 revenue up 14% yr/yr, beating analyst expectations

• Adjusted EPS for Q4 beat analyst expectations

• Company's metrology portfolio selected by a leading logic customer for CMP applications

Outlook

• Nova expects Q1 2026 revenue between $222 mln and $232 mln

• Company anticipates Q1 2026 GAAP EPS between $1.90 and $2.02

• Nova projects Q1 2026 non-GAAP EPS between $2.13 and $2.25

Result Drivers

• METROLOGY PORTFOLIO - Nova's Integrated Metrology portfolio was selected by a leading logic customer for CMP applications in Gate-All-Around processes

• RECORD SALES - Record sales in Optical, Materials, and Chemical Metrology portfolios driven by demand for unique solutions for critical applications and market share gains

• AI DEMAND - Record sales for Gate-All-Around, DRAM, and Advanced Packaging processes were driven by demand for AI

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the semiconductors peer group is "buy"

• Wall Street's median 12-month price target for Nova Ltd is $380.00, about 20.1% below its February 11 closing price of $475.83

• The stock recently traded at 49 times the next 12-month earnings vs. a P/E of 37 three months ago

Press Release: ID:nPn7ZNx4Qa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)