Nova Ltd. (NVMI) fair value analysis

Nasdaq · Updated 2026-09-07

Nova Ltd. is an Israeli technology company that designs and manufactures advanced metrology and inspection systems used primarily in semiconductor manufacturing. The company operates globally, serving chipmakers and semiconductor equipment manufacturers across multiple continents from its headquarters in Israel.

Forward Fair Value verdict

Fairly valued

Based on TickrTrends' weekly Forward Fair Value model, NVMI is trading at within about 10% of estimated fair value.

NVMI currently ranks #139 of 199 Technology stocks by discount to Forward Fair Value. It has screened as Fairly valued for 3 consecutive weekly runs.

Last price: $393.69
Sector: Technology
12-month range: $305.81–$502.60

Derived indicators

Coarse bands from TickrTrends' weekly models; exact figures are part of the full report.

Quality grade: C
Leverage: Moderate
RSI zone: Neutral
50/200-day trend: Downtrend
52-week position: The lower-middle quarter of its range

What our data shows for NVMI

Our model validated 17 trailing price-to-earnings windows for NVMI, built from quarterly earnings records.
Shares are trading in the middle of their 12-month price range of $305.81–$502.60.
The 14-day relative strength index sits at a neutral 47.

The exact numbers are one step away

The precise Forward Fair Value dollar figure for NVMI
Exact discount / premium to today's price
The normalized historical P/E behind the estimate, and how many quarters support it
Forward EPS input and fiscal-year basis
Screeners and rankings across the full S&P 500 and Nasdaq universes

See the exact fair value →

How Forward Fair Value works

TickrTrends computes a Forward Fair Value for every covered stock each week: a conservatively normalized historical price-to-earnings multiple is applied to the analyst-consensus earnings estimate for the next full fiscal year. Every input window is validated for continuity and every result is screened for plausibility before publication.

Recent NVMI news

TickrTrends' derived news-sentiment signal for NVMI is currently leaning positive, computed from recent coverage.

NVMI stock soars to 52-week high, reaching $248.07 By Investing.com (investing.com, 2025-01-16)
TickrTrends take: NVMI has reached a 52-week high, which represents a significant move in the stock's price trajectory and may warrant attention from investors monitoring valuation metrics. Given that TickrTrends currently assesses NVMI as fairly valued within the Technology sector, valuation-focused readers should track whether this price advance creates any meaningful divergence between the stock's current trading level and its intrinsic value indicators. The milestone could prompt a reassessment of whether the company's fundamentals have shifted or whether the stock has moved ahead of its underlying valuations.
Earnings call: Nova Limited surpasses Q2 revenue and profit forecasts By Investing.com (investing.com, 2024-08-09)
TickrTrends take: Nova Limited exceeded both revenue and profit expectations in its Q2 earnings report, a positive development that investors should monitor against the company's current fair valuation assessment. For a valuation-focused reader, the key consideration is whether this earnings beat represents a sustainable improvement in operational performance or a temporary outperformance relative to guidance. Given that TickrTrends currently rates NVMI as fairly valued within the Technology sector, tracking whether management raises full-year guidance in response to Q2 outperformance could signal whether the fair valuation designation should be reassessed.
Mon: Banks lead TASE downtick (en.globes.co.il, 2024-05-06)
TickrTrends take: NVMI operates in the Technology sector, which may experience different dynamics than banking stocks during market downturns. With TickrTrends' current assessment of NVMI as fairly valued, investors focused on valuation metrics should monitor whether technology sector weakness correlates with any repricing of the company's fundamentals. The banking-led market movement provides context for how broader market sentiment might affect technology stocks, though sector-specific factors remain important to track alongside overall market direction.

What people are saying

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TickrTrends weekly updates

2026-09-07 — No material change this week: the verdict, bands and grades all held steady.
2026-09-06 — NVMI's valuation remains fairly valued according to current assessments. The stock's 50/200-day trend state shifted from mixed to downtrend this week, indicating a change in its intermediate-term momentum dynamics within the technology sector.
2026-08-31 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.

Frequently asked questions

Is NVMI stock undervalued?

Based on TickrTrends' Forward Fair Value model (updated 2026-09-07), NVMI is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.

What is NVMI's TickrTrends verdict?

NVMI's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.

How does NVMI compare to other Technology stocks?

NVMI ranks #139 of 199 Technology stocks in TickrTrends' coverage when sorted by discount to Forward Fair Value.

Is NVMI overbought or oversold?

NVMI's 14-day RSI is in neutral territory - neither overbought nor oversold.

All Technology fair-value coverage →

Head-to-head comparisons

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