Nova stock gained 2.46 percent as Q3 guidance targets USD 277 million

Published on 10/04/2026 at 21:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nova stock posted Q2 revenue of USD 255.0 million, up 16 percent year over year. Q3 guidance calls for USD 277 million to USD 287 million in revenue and GAAP EPS of USD 2.46 to USD 2.61.

NVMI, IL0010845571, Illustration mit AI erstellt.

Nova stock (ISIN IL0010845571) closed at USD 396.12 on Nasdaq on October 2, 2026, up 2.46 percent from USD 386.60. The latest operating picture combines record Q2 revenue with guidance for another sequential increase in sales.

Nova designs metrology and process-control systems used in semiconductor manufacturing. Its stock gained 2.46 percent on October 2 while the company remained positioned for a Q3 revenue range of USD 277 million to USD 287 million.

Q3 guidance points to higher sales

According to Yahoo Finance on September 7, 2026, Nova reported Q2 2026 revenue of USD 255.0 million for the period ended June 30, up 16 percent from Q2 2025 and 8 percent from Q1 2026. GAAP net income reached USD 75.0 million, while GAAP diluted EPS was USD 2.20, up from USD 2.04 in Q1 2026 and USD 2.14 in Q2 2025.

The same company update also carried Q3 2026 guidance of USD 277 million to USD 287 million in revenue, GAAP diluted EPS of USD 2.46 to USD 2.61, and non-GAAP diluted EPS of USD 2.70 to USD 2.85. The midpoint of the revenue range is USD 282 million, which would be 10.6 percent above Q2 revenue of USD 255.0 million.

Analyst target stays above the stock

MarketBeat reported on September 18, 2026, that 11 analysts held a Moderate Buy consensus, comprising eight Buy ratings, one Strong Buy and two Holds. The average 12-month price target was USD 514.44, which lies 29.9 percent above the October 2 price of USD 396.12.

MarketBeat also reported that Citigroup cut its price target from USD 595.00 to USD 550.00 on August 10, 2026, while retaining a Buy rating. The lower target shows the tension in the current setup: revenue growth is accelerating, but valuation expectations and semiconductor-sector multiples remain important counterweights.

Stock remains below yearly high

Nova's October 2 closing price of USD 396.12 was 35.7 percent below the 52-week high of USD 615.99 and 48.7 percent above the 52-week low of USD 266.43. Trading volume was 226,769 shares, while market capitalization stood at USD 12.6 billion on the same date.

For investors, the central checkpoint is whether Q3 revenue reaches the USD 282 million guidance midpoint while GAAP EPS stays within the USD 2.46 to USD 2.61 range. The combination of a 16 percent year-over-year Q2 revenue increase and lower analyst targets makes execution and margin stability the next measurable test.