Research analysts who have asked questions during NOVA earnings calls.
Charles Shi
Needham & Company
6 questions for NVMI
Also covers: ACLS, ACMR, ALTR +18 more
AM
Atif Malik
Citigroup Inc.
4 questions for NVMI
Also covers: AAPL, ALAB, AMAT +11 more
EW
Ezra Weener
Jefferies LLC
4 questions for NVMI
Also covers: CAMT, COHR, LITE +2 more
AM
Aatif Malik
Citi
2 questions for NVMI
Liam Pharr
Bank of America Securities
2 questions for NVMI
Also covers: AMBA, SNPS, SWKS
Mark Miller
The Benchmark Company LLC
2 questions for NVMI
Also covers: ACLS, ACMR, AEIS +11 more
Matthew Prisco
Cantor Fitzgerald
2 questions for NVMI
Also covers: CAMT, MKSI, ONTO
VS
Vedvati Shrotre
Evercore ISI
2 questions for NVMI
Also covers: CAMT, ONTO, TER
ZB
Zayd Bhatti Schroeder
Evercore ISI
2 questions for NVMI
DJ
Duksan Jang
BofA Securities
1 question for NVMI
Also covers: ACLS, AEIS, LSCC
EW
Ezra Weiner
Jefferies Financial Group Inc.
1 question for NVMI
Mark Lipacis
Evercore ISI
1 question for NVMI
Also covers: ALAB, ALGM, ARM +5 more
MM
Michael Mani
Bank of America
1 question for NVMI
Also covers: CAMT, COHR, KLAC +3 more
VA
Vivek Arya
Bank of America Corporation
1 question for NVMI
Also covers: ADI, ALGM, AMAT +23 more
Recent press releases and 8-K filings for NVMI.
Nova Provides 2026 Outlook and Updates on Strategic Targets
NVMI
Guidance Update
Debt Issuance
M&A
- Nova anticipates 2026 to be a growth year, heavily weighted towards the second half, with expected outperformance of the overall WFE market, primarily driven by investments in advanced nodes, DRAM memory, and advanced packaging.
- The company is on track to meet its $500 million cumulative Gate-All-Around revenue target for the period between 2024 and 2026.
- Advanced packaging revenue exposure is projected to increase from 10% in 2023 to 15% in 2024 and approximately 20% of revenues in 2026.
- Nova holds $1.6 billion in cash on its balance sheet, following a $750 million convertible notes offering in September 2025, with M&A identified as a key capital allocation strategy.
- The long-term target for 2027 remains $1 billion in revenue and $10 EPS, with the $1 billion revenue now expected to be achieved organically, supplemented by an additional $150-$200 million from inorganic growth.
6 days ago
Nova CFO Discusses 2026 Outlook, Advanced Packaging Growth, and Long-Term Targets
NVMI
Guidance Update
New Projects/Investments
Debt Issuance
- Nova's CFO, Guy Kizner, expects 2026 to be a growth year, driven by investments in advanced nodes, DRAM memory, and advanced packaging, with the year being second-half weighted and the company outperforming WFE.
- The company is on track to meet its $500 million cumulative Gate-All-Around (GAA) revenue target between 2024 and 2026.
- Advanced packaging is a significant growth driver, with revenues from this segment projected to reach 20% of total revenues in 2026, up from 15% in 2024 and 10% in 2023.
- Nova holds $1.6 billion on its balance sheet as of January 2026, following a $750 million convertible notes offering in September 2025, with M&A being a primary capital allocation strategy.
- The company remains confident in achieving its long-term target of $1 billion in organic revenue by 2027, with street estimates for 2026 revenue around $880 million.
6 days ago
Nova Provides 2026 Outlook, Updates on Long-Term Targets, and M&A Strategy
NVMI
Guidance Update
M&A
Debt Issuance
- Nova expects 2026 to be a growth year, driven by investments in advanced nodes, DRAM, and advanced packaging, with the year anticipated to be second-half weighted and the company expecting to outperform overall WFE.
- The company is on track to meet its $500 million cumulative Gate-All-Around revenue target by 2026.
- Advanced packaging revenue exposure has significantly increased, growing from 0% in 2021-2022 to 10% in 2023, 15% in 2024, and is projected to be around 20% of revenues in 2025.
- Nova's 2027 target model of $1 billion revenue and $10 EPS was revised in early 2025 to be achievable through organic growth only, with an additional $150-$200 million from inorganic opportunities. Street estimates for 2025 revenue are around $880 million.
- The company holds $1.6 billion in cash on its balance sheet, having raised $750 million through a convertible notes offering in September 2025, and prioritizes M&A opportunities that are accretive on an EPS basis within 12 months.
6 days ago
Nova Reports Record Q3 2025 Results and Positive 2026 Outlook
NVMI
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Nova reported record quarterly revenue of $224.6 million in Q3 2025, marking a 25% year-over-year growth and its sixth consecutive quarter of record results. Non-GAAP diluted earnings per share (EPS) for the quarter was $2.16.
- The company expects record high revenues for full-year 2025, reflecting approximately 30% annual growth. For 2026, Nova anticipates further growth, expecting to outperform the projected mid-single-digit WFE growth, driven by advanced logic, advanced packaging, and DRAM.
- Nova generated approximately $67 million in free cash flow in Q3 2025 and successfully completed a $750 million 0% convertible notes offering in September 2025, increasing its cash, cash equivalents, bank deposits, and marketable securities to $1.6 billion. This strong financial position supports investments in R&D and potential M&A opportunities.
- Advanced packaging revenue is projected to increase from approximately 15% in 2024 to approximately 20% in 2025, with further growth anticipated in 2026. Nova also opened a new state-of-the-art production facility in Mannheim, Germany, to triple its production capacity for advanced packaging optical metrology solutions.
Nov 6, 2025, 1:30 PM
Nova Reports Record Q3 2025 Revenue and Provides Q4 2025 Guidance
NVMI
Earnings
Guidance Update
New Projects/Investments
- Nova reported record quarterly revenue of $224.6 million in Q3 2025, representing 25% year-over-year growth, with non-GAAP diluted earnings per share of $2.16.
- The company expects record high revenues for full-year 2025, projecting approximately 30% annual growth at the midpoint of its guidance.
- For Q4 2025, Nova forecasts revenue between $215 million and $225 million and non-GAAP diluted EPS between $2.02 and $2.20.
- Cash, cash equivalents, bank deposits, and marketable securities increased to $1.6 billion by the end of Q3 2025, following a $750 million convertible notes offering in September 2025.
- Nova opened a new production facility in Mannheim, Germany, to triple its production capacity for advanced packaging optical metrology solutions, with advanced packaging revenues expected to reach approximately 20% in 2025.
Nov 6, 2025, 1:30 PM
Nova Reports Record Q3 2025 Results and Projects Strong Full-Year Growth
NVMI
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Nova reported record Q3 2025 revenue of $224.6 million, marking a 25% year-over-year growth, driven by strong demand in advanced nodes and advanced packaging, including record revenue from memory devices and advanced logic nodes.
- The company provided Q4 2025 revenue guidance of $215 million to $225 million and projects record high revenues for the full year 2025, with approximately 30% annual growth.
- For 2026, Nova anticipates mid-single digit WFE growth and expects to outperform this, driven by advanced logic, advanced packaging, and DRAM, with a second-half weighted year.
- Nova's advanced packaging revenue share is expected to reach approximately 20% in 2025, up from 15% last year, and the company has tripled its production capacity for advanced packaging optical metrology solutions with a new facility in Mannheim, Germany.
- Following a $750 million convertible notes offering, Nova's cash, cash equivalents, bank deposits, and marketable securities increased to $1.6 billion, providing a strong financial position to pursue M&A opportunities in semiconductor process control.
Nov 6, 2025, 1:30 PM
Nova Reports Record Third Quarter 2025 Financial Results
NVMI
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Nova (NVMI) reported record third-quarter 2025 revenue of $224.6 million, marking a 25% increase year-over-year.
- GAAP net income for Q3 2025 was $61.4 million, or $1.90 per diluted share, representing a 19% year-over-year increase.
- For the fourth quarter of 2025, Nova expects revenue between $215 million and $225 million and diluted non-GAAP EPS between $2.02 and $2.20.
- Management anticipates 2025 to be a record year for Nova, with continued growth expected in 2026 driven by positive semiconductor market forecasts and AI-driven demand.
Nov 6, 2025, 12:30 PM
Nova Reports Record Third Quarter 2025 Financial Results
NVMI
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Nova (NVMI) reported record quarterly revenue of $224.6 million for the third quarter ended September 30, 2025, representing a 25% increase year-over-year.
- GAAP net income for Q3 2025 was $61.4 million, or $1.90 per diluted share, a 19% increase year-over-year.
- For the fourth quarter of 2025, Nova expects revenue to range from $215 million to $225 million, with diluted non-GAAP EPS projected between $2.02 and $2.20.
- Management anticipates 2025 to be a record year for Nova, with growth expected to continue into 2026, driven by positive semiconductor market forecasts and increased AI-driven demand.
Nov 6, 2025, 12:30 PM
Nova Minerals Commences Equipment Procurement for Antimony Production
NVMI
New Projects/Investments
- Nova Minerals has commenced procurement of critical mining and processing equipment for its Estelle starter antimony mining operations and associated downstream antimony refinery in Alaska, with first production of military-grade antimony trisulfide targeted for 2026/27.
- The company has access to approximately A$83.0M in funding, which includes A$17.5M in cash and a US$43.4M (A$65.5M) award from the U.S. Department of War.
- Key equipment, such as a mining fleet, crusher, screening plant, and ore sorters, has been procured and is scheduled for delivery in the coming months, with transport to the site via snow road in January 2026.
Oct 28, 2025, 10:30 AM
Nova Minerals Secures Land Use Permit for Antimony Refinery at Port MacKenzie
NVMI
New Projects/Investments
Product Launch
- Nova Minerals has secured a land use permit for 42.81 acres of commercial industrial zoned land near Port MacKenzie, Alaska, for a proposed antimony refinery.
- Following an award of US$43.4 million from the U.S. Department of War, Nova aims to onshore antimony production in Alaska, targeting first output within 24 months.
- This initiative positions Nova as a first-mover in establishing a fully integrated U.S. domestic antimony supply chain, intending to supply military-spec antimony products to the U.S. military and industrial markets.
Oct 10, 2025, 10:33 AM
Quarterly earnings call transcripts for NOVA.
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