Analysts cut target for Nova stock to USD 461.00

Published on 10/07/2026 at 10:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 254.96 million, up 16.00 percent year over year. Nova stock was EUR 347.75 on October 7, 2026 versus EUR 350.20.

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Analysts cut Nova stock target to USD 461.00 from USD 544.73 on September 18, 2026, while the Lang & Schwarz quote stood at EUR 347.75 on October 7, 2026, down 0.70 percent from the EUR 350.20 prior close. The valuation reset contrasts with Nova's latest operating figures, which still show double-digit growth in semiconductor process-control demand.

Target reset meets record revenue

According to Simply Wall St on September 18, 2026, the core price target was reduced from USD 544.73 to USD 461.00 as analysts accounted for sector-wide multiple compression. The same report continued to cite company-specific growth drivers from Nova's second-quarter commentary.

Nova's second-quarter 2026 revenue reached USD 254.96 million, rising 8.00 percent from the first quarter and 16.00 percent from the second quarter of 2025, according to Yahoo Finance. GAAP net income was USD 75.01 million, while GAAP diluted earnings per share reached USD 2.20.

Guidance keeps growth visible

For the third quarter of 2026, Nova guided to revenue of USD 277.00 million to USD 287.00 million and GAAP diluted earnings per share of USD 2.46 to USD 2.61, Yahoo Finance reported. The revenue midpoint of USD 282.00 million is 10.60 percent above second-quarter revenue, a comparison that keeps execution at the center of the valuation debate.

The growth mix is important. Nova's second-quarter product revenue was 73.00 percent from logic and foundry customers and 27.00 percent from memory and other customers, while advanced packaging contributed nearly one-quarter of product revenue, according to the company's earnings-call transcript carried by Benzinga. That mix links Nova to advanced logic and packaging investment, but it also leaves margins sensitive to product composition and memory demand.

Price stays below the target reset

At EUR 347.75, the Lang & Schwarz price on October 7, 2026 at 10:38 a.m. CEST was down 0.70 percent versus the EUR 350.20 prior close. Nova's primary Nasdaq quote was USD 394.48 on October 6, 2026 at 4:00 p.m. EDT, with a market capitalization of USD 12.5 billion and a 52-week range of USD 266.43 to USD 615.99.

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