NVMI trades 1.5% above Wall Street's consensus target of $566.80.
Last 12 months price action with 12-month analyst target path
The base valuation assumes NVMI achieves its forward estimates and maintains a stable P/E multiple of 54.9x. This scenario reflects the blended consensus of 13 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 21, 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 $575.31, this represents a potential downside of -1.5%. The company has a market capitalization of $18.29B.
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 72.3x and forward P/E of 54.9x. The forward PEG ratio of 1.49 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.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
ONTOOnto Innovation Inc. | $16.6B | $333.76 | $338.88 | +1.5% | Buy | 46.5x | 11 |
MKSIMKS Inc. | $27.4B | $406.37 | $322.00 | -20.8% | Buy | 34.7x | 29 |
CAMTCamtek Ltd. | $8.9B | $195.16 | $178.56 | -8.5% | Buy | 55.7x | 13 |
COHUCohu, Inc. | $3.3B | $69.40 | $49.75 | -28.3% | Buy | 119.3x | 14 |
KLICKulicke and Soffa Industries, Inc. | $6.4B | $121.87 | $70.00 | -42.6% | Buy | 35.7x | 11 |
KLACKLA Corporation | $34.2B | $259.56 | $1920.88 | +640.1% | Buy | 70.0x | 44 |
AMATApplied Materials, Inc. | $490.0B | $617.11 | $533.65 | -13.5% | Buy | 50.5x | 53 |
LRCXLam Research Corporation | $485.8B | $389.04 | $349.22 | -10.2% | Buy | 68.5x | 50 |
ACMRACM Research, Inc. | $7.3B | $109.87 | $100.00 | -9.0% | Buy | 55.2x | 10 |
ICHRIchor Holdings, Ltd. | $3.4B | $98.61 | $54.60 | -44.6% | Buy | 71.5x | 14 |
Quick answers to the most common questions about buying NVMI stock.
Wall Street's consensus price target for NVMI is $566.8, -1.5% from its current price of $575.31. The below-market target from 13 analysts suggests limited near-term appreciation.
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 -1.5% downside from current levels.
At a forward P/E of 54.9453x, NVMI trades at a premium valuation. The consensus price target of $566.8 (-1.5% downside) suggests analysts may view current valuations as stretched.
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.
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.
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.
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.
NVMI trades at a forward P/E ratio of 54.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 72.3x. 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.
Analysts are cautious on NVMI, with 0 Sell ratings and a price target of $566.8 (-1.5% from current price). The "Buy" consensus suggests careful evaluation before buying. 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.
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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