▼ -4.02% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Nova Measuring Instruments in the last 3 months. The average price target is $78.33, with a high forecast of $100.00 and a low forecast of $48.00. The average price target represents a -4.02% upside from the last price of $81.61.
The current consensus among 6 investment analysts is to buy stock in Nova Measuring Instruments. This Buy consensus rating has held steady for over two years.
Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel. Its product portfolio includes integrated and stand-alone metrology platforms for dimensional, films, and material metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, and deposition. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufactures, as well as end users and process equipment manufacturers worldwide. Nova Measuring Instruments Ltd. was founded in 1993 and is headquartered in Rehovot, Israel.