Nova (NVMI) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $2.51
- Estimate
- $2.47
- Surprise
- +1.6%
- Score at report (before → after)
- 5.6 → 5.8/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Nova (NVMI) beat the $2.47 estimate with diluted EPS of $2.51 — a modest 1.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.6/10) to Hold at 5.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates NVMI Sell at 5.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +1.6% surprise compares with a +2.8% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.3 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $370.27
- Price target
- $462.84
- Stop
- $344.64
- Upside to target
- +25.0%
- Reward-to-risk
- 2.6:1
The stock trades at 43.4× trailing but 25.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
NVMI at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductor Equipment & Materials
- Market cap
- $11.22B
- P/E (fwd)
- 25.8
- P/E (ttm)
- 43.4
- 52-week range
- $248.87–$615.99
- Off 52-week high
- 39.9%
- RSI (14)
- 32
- Volume vs avg
- 0.86×
- Score today
- 5.3/10