• Jefferies upgraded Nova Ltd. (NASDAQ: NVMI) to a "Buy" rating, increasing the price target from $390 to $520.
• Nova reported quarterly earnings of $2.14 per share, slightly above the Zacks Consensus Estimate, showcasing strong financial management.
• Despite a recent stock price decrease, NVMI's market capitalization and trading volume indicate continued investor interest.

Nova Ltd. (NASDAQ: NVMI) is a key player in the electronics and semiconductor industry, known for its advanced metrology solutions. On February 12, 2026, Jefferies upgraded NVMI's stock to a "Buy" rating, with a price target increase from $390 to $520. At the time, NVMI's stock was priced at approximately $443.38, reflecting investor confidence in the company's growth prospects.

Nova's recent financial performance supports Jefferies' optimistic outlook. The company reported quarterly earnings of $2.14 per share, slightly surpassing the Zacks Consensus Estimate of $2.13. This represents a 0.71% earnings surprise and an improvement from the $1.94 per share reported a year ago. Over the past four quarters, Nova has consistently exceeded consensus EPS estimates, showcasing its strong financial management.

In terms of revenue, Nova reported $222.62 million for the quarter ending December 2025. Although this figure fell short of the Zacks Consensus Estimate by 0.41%, it marks a significant increase from the $194.77 million reported in the same quarter the previous year. The company has exceeded consensus revenue estimates twice in the last four quarters, indicating a positive trend in revenue growth.

Gaby Waisman, President and CEO of Nova, highlighted 2025 as a record year for the company, with exceptional revenue and profitability. The company's success in addressing customers' manufacturing challenges and expanding its metrology portfolio has been crucial to its strategic growth. As Nova enters 2026, it is well-positioned to capitalize on the upward investment cycle in the semiconductor industry.

Despite a recent decrease of about 6.75% in NVMI's stock price, which translates to a drop of $32.13, the stock remains a strong contender in the market. With a market capitalization of approximately $13.16 billion and a trading volume of 385,927 shares, NVMI continues to attract investor interest. The stock has fluctuated between a low of $438 and a high of $474.83 during the day, reflecting its dynamic market presence.