Analyst Price Target is $227.80
▲ +30.78% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Nova in the last 3 months. The average price target is $227.80, with a high forecast of $245.00 and a low forecast of $210.00. The average price target represents a 30.78% upside from the last price of $174.18.
Current Consensus is
Moderate Buy
The current consensus among 6 polled investment analysts is to moderate buy stock in Nova. This rating has held steady since May 2023, when it changed from a Buy consensus rating.
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.
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