Zacks downgraded Nova. Nova stock loses 2.64 percent.

Published on 10/08/2026 at 12:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 254.96 million, up 15.90 percent year over year. Nova stock costs EUR 328.35 on October 8, 2026 versus EUR 337.25.

NVMI, IL0010845571, Illustration mit AI erstellt.

Nova (ISIN IL0010845571) was trading at EUR 328.35 at Lang & Schwarz on October 8, 2026 at 12:02 p.m. CEST, down 2.64 percent versus the prior close of EUR 337.25 on October 7, 2026. MarketBeat reported on October 7, 2026 that Zacks Research had downgraded Nova from strong buy to hold.

Zacks shifts the rating

The downgrade adds a clear counterweight to Nova's recent operating momentum. MarketBeat cited eight Buy ratings and three Holds, with an average analyst target of USD 514.44, while Zacks moved its own stance to Hold.

The same report said Nova's second-quarter adjusted earnings per share reached USD 2.51 against USD 2.41 expected, while revenue rose 15.90 percent year over year to USD 254.96 million. The figures compare a reported result with its consensus benchmark, rather than with the company's GAAP earnings per share.

Revenue passed USD 250 million

Benzinga reported that Nova delivered record second-quarter 2026 revenue of USD 255.00 million and non-GAAP earnings per share of USD 2.51. The company said revenue increased 8.00 percent from the first quarter and 16.00 percent from the year-earlier quarter.

For the third quarter of 2026, management guided to revenue of USD 277 million to USD 287 million and non-GAAP earnings per share of USD 2.70 to USD 2.85, according to Benzinga. The midpoint of that revenue range is USD 282 million, which would be 10.60 percent above second-quarter revenue of USD 254.96 million.

Stock remains below its yearly high

Nova's Nasdaq-listed shares had a USD 266.43 to USD 615.99 52-week range as of October 7, 2026. Its USD 12.0 billion market capitalization and the USD 377.77 Nasdaq reference quote from that date place the US-listed stock well below the yearly high, while the Lang & Schwarz euro quote captures the German investor perspective.

The next earnings date listed by Yahoo Finance is November 5, 2026. Until then, the key tension is visible in the numbers: quarterly revenue growth remains double digit, while analyst confidence has become more selective.

Euro quote falls 2.64 percent

At Lang & Schwarz, Nova stock was trading at EUR 328.35 on October 8, 2026 at 12:02 p.m. CEST, down 2.64 percent versus the Lang & Schwarz prior close of EUR 337.25 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Nova stock.