NovaNVMI
About: Nova Ltd is a semiconductor equipment manufacturer. The company provides metrology solutions for process control used in semiconductor manufacturing. The company offers in-line optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems. The product range consists of Nova 2040, Nova 3090Next, Nova i500 and i500 Plus, Nova T500, Nova T600, Nova V2600, HelioSense 100, Nova Hybrid Metrology solution, NovaMars. The company generates the majority of its revenue from China. Geographically the company has its business spread across the region of Taiwan, Korea, China, the United States, and Europe.
Employees: 1,202
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
141% more call options, than puts
Call options by funds: $73.5M | Put options by funds: $30.5M
36% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 28
4% more funds holding
Funds holding: 220 [Q2] → 229 (+9) [Q3]
9% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 77
0.22% more ownership
Funds ownership: 78.25% [Q2] → 78.47% (+0.22%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 8 [Q2] → 8 (+0) [Q3]
11% less capital invested
Capital invested by funds: $5.33B [Q2] → $4.76B (-$568M) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Cantor Fitzgerald Matthew Prisco 100% 1-year accuracy 6 / 6 met price target | 7%upside $275 | Overweight Initiated | 13 Jan 2025 |
Citigroup Atif Malik 66% 1-year accuracy 33 / 50 met price target | 7%downside $240 | Buy Upgraded | 6 Jan 2025 |
Benchmark Mark Miller 50% 1-year accuracy 19 / 38 met price target | 5%downside $245 | Buy Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 7 articles about NVMI published over the past 30 days
