Nova Ltd. Q4 Revenue Up 14%, Analysts Raise Targets to $453 and $485
Nova Ltd. reported Q4 2025 revenue of $222.6 million, up 14% year-over-year, with GAAP net income of $64.7 million ($1.94 per share). Full-year 2025 revenue hit a record $880.6 million, up 31%, and GAAP net income reached $259.2 million ($7.96 per share), with analysts raising price targets.
1. Q4 and Full-Year Financial Results
Nova Ltd. delivered Q4 2025 revenue of $222.6 million, a 14% increase year-over-year, with GAAP net income of $64.7 million ($1.94 per share). For full-year 2025, the company achieved record revenue of $880.6 million, up 31%, and GAAP net income of $259.2 million ($7.96 per share), with non-GAAP net income of $282.6 million ($8.62 per share).
2. Analyst Price Target Raises
Following the earnings release, Morgan Stanley raised its price target to $453 from $335 while maintaining an Equal Weight rating, and Evercore ISI increased its target to $485 from $340 along with an Outperform rating. Analysts highlighted the company’s in-line results and wafer fab equipment guidance as factors supporting their upbeat outlook.
3. Market Position and Metrology Solutions
Nova Ltd. provides metrology solutions for semiconductor manufacturers, offering dimensional metrology, modeling and software, materials metrology and chemical metrology products. Its comprehensive portfolio positions the company to benefit from ongoing demand for precision measurement in wafer fabrication processes.