Zacks downgrades Nova stock to Hold as revenue rose 15.90 percent

Published on 10/13/2026 at 09:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks cut its rating from Strong Buy to Hold on October 7, 2026. Nova stock costs EUR 301.05 at Lang & Schwarz on October 13, 2026.

Zacks Research downgraded Nova from Strong Buy to Hold on October 7, 2026.
Nova reported second-quarter revenue of USD 254.96 million, up 15.90 percent year over year.
Third-quarter revenue guidance ranges from USD 277.00 million to USD 287.00 million.
Nova stock was at EUR 301.05 at Lang & Schwarz on October 13, 2026 at 9:42 a.m. CEST.

NVMI, IL0010845571, Illustration mit AI erstellt.

Nova stock (ISIN IL0010845571) was at EUR 301.05 at Lang & Schwarz on October 13, 2026 at 9:42 a.m. CEST, while the latest analyst action was a downgrade from Strong Buy to Hold. MarketBeat reported the Zacks Research change on October 7, 2026, alongside consensus coverage of eight Buy ratings and three Holds.

Revenue rose 15.90 percent

Nova reported second-quarter 2026 revenue of USD 254.96 million, up 15.90 percent from the year-earlier period. The company also reported net income of USD 75.01 million and GAAP earnings per share of USD 2.20 for the quarter, according to the financial statements.

The earnings profile was less powerful on a per-share basis than the sales figure. Yahoo Finance reported that diluted GAAP earnings per share increased 2.80 percent year over year, while diluted shares rose 7.50 percent to 34.45 million from 32.05 million.

What does the downgrade change?

The downgrade adds a valuation counterweight to Nova's operating growth. MarketBeat said the average target stood at USD 514.44, with the target range running from USD 415.00 to USD 600.00 and the consensus split between eight Buy ratings and three Holds.

Nova's third-quarter outlook remains substantial: revenue guidance is USD 277.00 million to USD 287.00 million, while GAAP earnings per share guidance is USD 2.46 to USD 2.61. Benzinga reported that management also guided to non-GAAP earnings per share of USD 2.70 to USD 2.85 for the third quarter of 2026.

Three dated operating signals

On August 6, 2026, Nova reported second-quarter revenue of USD 254.96 million and third-quarter revenue guidance of USD 277.00 million to USD 287.00 million. On September 2, 2026, the board authorized a USD 200.0 million share repurchase program, according to MarketBeat.

On October 7, 2026, Zacks Research downgraded Nova from Strong Buy to Hold. The sequence shows why the stock now carries two competing signals: operating growth remains measurable, while analyst conviction has become less uniform.

Stock trades at EUR 301.05

Nova's Lang & Schwarz quote stood at EUR 301.05 on October 13, 2026 at 9:42 a.m. CEST. The primary listing is Nasdaq in USD, where the quoted 52-week range was USD 266.43 to USD 615.99 as of October 12, 2026, and market capitalization was USD 10.8 billion.

The further course of trading is shown by the continuously updated real-time quote of Nova stock.