Why These 15 Semiconductor Stocks Are Skyrocketing So Far In 2025

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2. Nova Ltd (NASDAQ:NVMI)

Number of Hedge Fund Holders In Q3 2024: 26

Nova Ltd (NASDAQ:NVMI) is a semiconductor company that specializes in advanced metrology and process control systems.

The stock has been surging after it completed its $60 million all-cash acquisition of Sentronics Metrology. It is a German firm that specializes in wafer-level packaging and backend semiconductor metrology tools.

It is expected to be accretive to non-GAAP earnings within 12 months.

It also reported strong Q3 results and has a solid 2025 outlook. Revenue grew 39% year-over-year to $179 million and non-GAAP EPS growth of 41% year-over-year to $1.74. Analysts project 19.5% revenue growth and 12.9% EPS growth for 2025, with Nova positioned to benefit from gate-all-around (GAA) transistor adoption and backside power delivery trends. Cumulative GAA-related revenue is projected to reach $500 million by 2026.

The consensus price target of $238.33 implies 4.35% downside.

NVMI stock is up 26.7% year-to-date.

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