On May 9, 2025, Benchmark analyst Mark Miller announced a revision in the target price for the stock of Nova (NVMI, Financial). The target price has been lowered from USD 295.00 to USD 280.00. This adjustment indicates a decrease of 5.08% in the projected value.
Despite the reduction in the target price, Benchmark maintains its "Buy" rating for Nova (NVMI, Financial), unchanged from the previous assessment. This suggests continued confidence in the company's performance potential in the stock market.
Investors are urged to note that the revised target price reflects the analyst's updated valuation and expectations for Nova (NVMI, Financial). As a stockholder or potential investor, staying informed about such changes can be crucial for decision-making.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Nova Ltd (NVMI, Financial) is $269.16 with a high estimate of $300.00 and a low estimate of $224.11. The average target implies an upside of 45.66% from the current price of $184.78. More detailed estimate data can be found on the Nova Ltd (NVMI) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, Nova Ltd's (NVMI, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Nova Ltd (NVMI, Financial) in one year is $196.40, suggesting a upside of 6.29% from the current price of $184.7821. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Nova Ltd (NVMI) Summary page.