Nova Ltd. (NVMI) Price Target Analysis
Updated Jun 26, 2026
Analyst Rating: Buy
Based on 13 analysts12.8% Below Target
NVMI trades 12.8% below Wall Street's consensus target of $566.80.
Current Price$502.60
Average Target$566.80
Target
Current
Low$494.00
Median$600.00
High$640.00
Analyst Target Range
Forward P/E48.0x
(Growth Premium)
PEG Ratio1.30
(Fair)
Implied Growth+36.8%
(High Growth)
Analyst Spread25.8%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes NVMI achieves its forward estimates and maintains a stable P/E multiple of 48.0x. This scenario reflects the blended consensus of 13 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
NVMI Price Target Analysis
Updated July 6, 2026As of July 6, 2026, Nova Ltd. (NVMI) has a Wall Street consensus price target of $566.80, based on estimates from 13 covering analysts. With the stock currently trading at $502.60, this represents a potential upside of +12.8%. The company has a market capitalization of $15.97B.
Analyst price targets range from a low of $494.00 to a high of $640.00, representing a 26% spread in expectations. The median target of $600.00 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Buy, with 13 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, NVMI trades at a trailing P/E of 63.1x and forward P/E of 48.0x. The forward PEG ratio of 1.30 indicates reasonable valuation for growth. Analysts expect EPS to grow +36.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $481.85, with bear and bull scenarios of $303.57 and $634.89 respectively. Model confidence stands at 51/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
-19.3%
Industry Consensus
Avg Forward P/E
62.0x
(High Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ONTOOnto Innovation Inc. | $17.5B | $351.36 | $348.88 | -0.7% | Buy | 48.8x | 11 |
 MKSIMKS Inc. | $27.7B | $411.05 | $322.00 | -21.7% | Buy | 35.1x | 29 |
 CAMTCamtek Ltd. | $7.2B | $155.48 | $178.56 | +14.8% | Buy | 44.4x | 13 |
 COHUCohu, Inc. | $3.2B | $69.11 | $49.75 | -28.0% | Buy | 118.9x | 14 |
 KLICKulicke and Soffa Industries, Inc. | $7.0B | $133.81 | $70.00 | -47.7% | Buy | 39.2x | 11 |
 KLACKLA Corporation | $347.7B | $266.19 | $198.85 | -25.3% | Buy | 71.8x | 44 |
 AMATApplied Materials, Inc. | $516.8B | $650.91 | $554.52 | -14.8% | Buy | 53.2x | 53 |
 LRCXLam Research Corporation | $488.6B | $391.26 | $342.28 | -12.5% | Buy | 68.8x | 50 |
 ACMRACM Research, Inc. | $7.8B | $117.16 | $110.00 | -6.1% | Buy | 58.7x | 10 |
 ICHRIchor Holdings, Ltd. | $3.9B | $111.77 | $54.60 | -51.1% | Buy | 81.1x | 14 |
NVMI — Frequently Asked Questions
Quick answers to the most common questions about buying NVMI stock.
What is the NVMI stock price target for 2026?
Nova Ltd. (NVMI) has a consensus 12-month price target of $566.8, implying 12.8% upside from $502.6. The 13 analysts covering NVMI see moderate appreciation potential.
Is NVMI a buy, sell, or hold?
NVMI has a consensus rating of "Buy" based on 13 Wall Street analysts. The rating breakdown is predominantly bullish, with 13 Buy/Strong Buy ratings. The consensus 12-month price target of $566.8 implies 12.8% upside from current levels.
Is NVMI stock overvalued or undervalued?
At a forward P/E of 48.0011x, NVMI trades at a premium valuation. The consensus price target of $566.8 (12.8% upside) suggests analysts still see growth justifying the multiple.
How high can NVMI stock go?
The most bullish Wall Street analyst has a price target of $640 for NVMI, while the most conservative target is $494. The consensus of $566.8 represents the median expectation. Our quantitative valuation model projects a bull case target of $635 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover NVMI stock?
NVMI is moderately covered, with 13 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 13 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the NVMI stock forecast?
The 12-month NVMI stock forecast based on 13 Wall Street analysts shows a consensus price target of $566.8, with estimates ranging from $494 (bear case) to $640 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $482, with bear/bull scenarios of $304/$635.
What is NVMI's fair value based on fundamentals?
Our quantitative valuation model calculates NVMI's fair value at $482 (base case), with a bear case of $304 and bull case of $635. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 51/100.
What is NVMI's forward P/E ratio?
NVMI trades at a forward P/E ratio of 48.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 63.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy NVMI stock?
Wall Street analysts are optimistic on NVMI, with a "Buy" consensus rating and $566.8 price target (12.8% upside). 13 of 13 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do NVMI price targets vary so much?
NVMI analyst price targets range from $494 to $640, a 26% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $566.8 consensus represents the middle ground. Our model's $304-$635 range provides an independent fundamental perspective.
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