Nova

NVMI

Market cap $16.4B

During the first quarter, we initiated a position in Alphabet Inc., the parent company of Google and one of the world's most valuable technology franchises. We added to our position in Shopify Inc., the leading global operating system for commerce, after shares pulled back in a broader software sell-off. We exited our investment in Microsoft Corporation due to a combination of near-term execution shortfalls and longer-term structural concerns about its competitive positioning in AI.

Shares of chip equipment stock Nova recently formed an 11-week consolidation, and are trading just above the proper buy point.

Nova stock is in a buy zone above a consolidation's pivot of 507.27. The company beat estimates for its first quarter.

ONTO's AI-driven packaging push, $240M Dragonfly deal and 30%+ revenue growth outlook put it ahead of NVMI in the metrology race.

During the first quarter, we initiated a position in Alphabet Inc., the parent company of Google and one of the world's most valuable technology franchises. ASML's pricing power and increasing scale support significant gross margin expansion and strong double-digit earnings growth. We believe the combination of accelerating market share capture, new product momentum, and improving profitability positions Rubrik well for long-term growth.

REHOVOT, Israel, May 18, 2026 /PRNewswire/ -- Nova (Nasdaq: NVMI), a leading innovator and a key provider of metrology solutions for advanced process control used in semiconductor manufacturing, today announced that management will participate in the following investor conferences and events: Citi's 2026 Macro & Pan-Asia Investor Conference Presenter: Guy Kizner, Chief Financial Officer Format: Virtual one-on-one meetings When: Wednesday, May 20   Citi & BofA Silicon Valley Bus Tours Presenters: Gaby Waisman, President & Chief Executive Officer and Guy Kizner, Chief Financial Officer Format: In-person investor bus tour at Nova's North American Offices When: Monday, June 1 Location: Fremont, CA   2026 Evercore TMT Global Conference Presenters: Gaby Waisman, President & Chief Executive Officer and Guy Kizner, Chief Financial Officer Format: In-person fireside chat and one-on-one meetings When: Tuesday, June 2, fireside chat at 9:10 am PT Location: San Francisco, CA   Bank of America 2025 Global Technology Conference Presenters: Gaby Waisman, President & Chief Executive Officer and Guy Kizner, Chief Financial Officer Format: In-person fireside chat and one-on-one meetings When: Wednesday, June 3, fireside chat at 3:20 pm PT Location: San Francisco, CA     Live webcasts of the Evercore and Bank of America fireside chats will be available from Nova's investor relations page link - https://www.novami.com/investors/lobby/. Management will be available for one-on-one meetings during these conferences.

Nova Ltd. continues to justify its premium valuation through robust revenue growth, high margins, and strong Q2 guidance. NVMI delivered Q1 2026 revenue of $235.3M (+10% YoY), a gross margin of 57.7%, and EPS of $2.04, signaling quality growth and profitability. Diversified demand across memory, logic/foundry, and advanced packaging supports NVMI's resilience, while its strong balance sheet enhances financial flexibility.

Nova NASDAQ: NVMI reported record first-quarter 2026 revenue and profitability, with management citing strong demand from advanced DRAM, advanced packaging and gate-all-around applications as key drivers of the quarter's performance.

Nova Ltd. (NVMI) Q1 2026 Earnings Call Transcript

Nova Ltd. (NVMI) came out with quarterly earnings of $2.33 per share, beating the Zacks Consensus Estimate of $2.2 per share. This compares to earnings of $2.18 per share a year ago.