Nova stock reports 16 percent revenue growth in Q2

Published on 09/25/2026 at 12:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nova stock posted USD 255.0 million in Q2 2026, with non-GAAP EPS of USD 2.51. Q3 guidance reaches USD 287 million at the top end.

NVMI, IL0010845577, Illustration mit AI erstellt.

Nova Ltd. stock (ISIN IL0010845577) stood at USD 366.80 on Nasdaq on September 24, 2026, at 8:00 p.m. UTC, after a daily gain of 0.29 percent from USD 365.73. The semiconductor metrology company delivered record second-quarter revenue of USD 255.0 million, up 16 percent from Q2 2025.

Q2 revenue sets a record

Nova reported its second-quarter results for the three months ended June 30, 2026, on August 6. According to Yahoo Finance, revenue rose 8 percent from Q1 2026 and GAAP net income reached USD 75 million.

The earnings mix was also favorable. Non-GAAP EPS increased to USD 2.51 from USD 2.33 in Q1 2026 and USD 2.20 in Q2 2025, while Zacks said the figure exceeded the USD 2.41 consensus estimate by 4.2 percent.

Guidance points to another step up

Management guided for Q3 2026 revenue of USD 277 million to USD 287 million, with GAAP diluted EPS of USD 2.46 to USD 2.61 and non-GAAP diluted EPS of USD 2.70 to USD 2.85, according to Yahoo Finance. The midpoint of the revenue range is USD 282 million, which would represent a further sequential increase from Q2.

Nova also authorized a share repurchase program of up to USD 200 million on September 2, 2026. The company said the program can use open-market or privately negotiated transactions, while its primary capital allocation priorities remain business investment and strategic acquisitions, according to Nova.

Stock sits 40.4 percent below high

At USD 366.80, Nova stock was 40.4 percent below its 52-week high of USD 615.99 and above its 52-week low of USD 266.43 on September 24, 2026. The session volume was 221,368 shares, compared with an average volume of 576,138.

MarketBeat lists a consensus price target of USD 514.44 and a Moderate Buy rating for NVMI. That target is 40.3 percent above the Nasdaq price, placing the valuation gap alongside the companys 16 percent quarterly revenue growth as the central market tension.

Nasdaq price remains the reference

NVMI was trading at USD 366.80 on Nasdaq on September 24, 2026, at 8:00 p.m. UTC. Nova had a market capitalization of USD 11,658,004,400 as of that quote.