Missed NVDA?
Don’t Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities — for free.
NOVT Stock Forecast 2025-2026
$105.45
Current Price
$3.79B
Market Cap
Buy 2
Hold 0
Sell 0
Wall St Analyst Ratings
Distance to NOVT Price Targets
+42.2%
To High Target of $150.00
+34.2%
To Median Target of $141.50
+26.1%
To Low Target of $133.00
NOVT Price Momentum
-17.0%
1 Week Change
+0.0%
1 Month Change
-42.3%
1 Year Change
-31.0%
Year-to-Date Change
-42.6%
From 52W High of $183.85
+6.8%
From 52W Low of $98.76
📊 TOP ANALYST CALLS
Did NOVT Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Novanta is one of their latest high-conviction picks.
Latest NOVT Stock Price Targets & Analyst Predictions
Based on our analysis of 3 Wall Street analysts, NOVT has a bullish consensus with a median price target of $141.50 (ranging from $133.00 to $150.00). The overall analyst rating is Strong Buy (9.0/10). Currently trading at $105.45, the median forecast implies a 34.2% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Robert Mason at Baird, suggesting a 26.1% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
NOVT Analyst Ratings
2
Buy
0
Hold
0
Sell
NOVT Price Target Range
Low
$133.00
Average
$141.50
High
$150.00
Current: $105.45
Latest NOVT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for NOVT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Aug 11, 2025 | Baird | Robert Mason | Neutral | Maintains | $133.00 |
| Mar 3, 2025 | Baird | Robert Mason | Neutral | Maintains | $160.00 |
| Nov 6, 2024 | Baird | Robert Mason | Neutral | Maintains | $169.00 |
| Aug 7, 2024 | Baird | Robert Mason | Neutral | Maintains | $175.00 |
| May 11, 2023 | Baird | Robert Mason | Neutral | Maintains | $161.00 |
| May 11, 2022 | William Blair | Brian Drab | Outperform | Upgrade | $N/A |
| Nov 13, 2020 | Berenberg | Hold | Initiates | $N/A | |
| May 13, 2020 | Baird | Neutral | Maintains | $90.00 | |
| Feb 28, 2019 | Baird | Neutral | Maintains | $81.00 | |
| May 9, 2018 | Baird | Neutral | Downgrade | $N/A | |
| Feb 27, 2018 | William Blair | Outperform | Initiates | $N/A | |
| Dec 8, 2017 | Baird | Outperform | Initiates | $N/A |
Novanta Inc. (NOVT) Competitors
The following stocks are similar to Novanta based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Novanta Inc. (NOVT) Financial Data
Novanta Inc. has a market capitalization of $3.79B with a P/E ratio of 72.2x. The company generates $960.31M in trailing twelve-month revenue with a 5.5% profit margin.
Revenue growth is +1.4% quarter-over-quarter, while maintaining an operating margin of +11.5% and return on equity of +6.8%.
Valuation Metrics
Market Cap
$3.79B
Enterprise Value
$4.19B
P/E Ratio
72.2x
PEG Ratio
-1.1x
Price/Sales
3.9x
Growth & Margins
Revenue Growth (YoY)
+1.4%
Gross Margin
+44.3%
Operating Margin
+11.5%
Net Margin
+5.5%
EPS Growth
-44.5%
Financial Health
Cash/Price Ratio
+2.4%
Current Ratio
2.5x
Debt/Equity
63.0x
ROE
+6.8%
ROA
+5.2%
💡 SKIP THE NOISE
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings — tracked and updated every Monday and Thursday.
Novanta Inc. (NOVT) Business Model
About Novanta Inc.
What They Do
Designs and manufactures precision photonic components.
Business Model
Novanta Inc. generates revenue by designing, manufacturing, and selling precision photonic and motion control components and subsystems. Their products are sold to various industries, including healthcare and advanced technologies, where they enhance precision and quality in production processes.
Additional Information
The company is known for its innovation-driven approach and commitment to quality, ensuring compliance with strict industry standards. Based in Bedford, Massachusetts, Novanta has a global presence, allowing it to cater to a diverse international clientele and play a critical role in sophisticated manufacturing.
Company Information
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
3,000
CEO
Mr. Matthijs Glastra
Country
United States
IPO Year
1999
Website
www.novanta.comNovanta Inc. (NOVT) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
Novanta (NOVT) Surpasses Q3 Earnings and Revenue Estimates
Novanta (NOVT) delivered earnings and revenue surprises of +7.41% and +0.85%, respectively, for the quarter ended September 2025. Do the numbers hold clues to what lies ahead for the stock?
Nov 03, 2025
By Zacks Equity Research
Tale of the Tape
Fabrinet (FN) Q1 Earnings and Revenues Beat Estimates
Fabrinet (FN) delivered earnings and revenue surprises of +3.18% and +4.48%, respectively, for the quarter ended September 2025. Do the numbers hold clues to what lies ahead for the stock?
Nov 03, 2025
By Zacks Equity Research
Tale of the Tape
OSI Systems (OSIS) Surpasses Q1 Earnings and Revenue Estimates
OSI (OSIS) delivered earnings and revenue surprises of +3.65% and +2.11%, respectively, for the quarter ended September 2025. Do the numbers hold clues to what lies ahead for the stock?
Oct 30, 2025
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
Novanta Inc. has launched a public offering of 11 million tangible equity units, totaling $550 million. Each unit is priced at $50 and includes a prepaid stock purchase contract and a senior amortizing note due 2028.
Why It Matters
Novanta's public offering of 11 million tangible equity units raises $550 million, impacting its capital structure and potential growth opportunities, influencing investor sentiment and stock valuation.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Novanta Inc. has priced a public offering of 11 million tangible equity units at $50 each, totaling $550 million, under its effective shelf registration statement.
Why It Matters
Novanta's pricing of 11 million equity units at $50 each indicates confidence in its financial health, potentially enhancing liquidity and funding for growth, impacting stock performance and investor sentiment.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Novanta Inc. (NOVT) will hold its Q3 2025 earnings call on November 4, 2025, at 8:30 AM EST, featuring CEO Matthijs Glastra and CFO Robert Buckley.
Why It Matters
Novanta Inc.'s upcoming Q3 earnings call may reveal financial performance insights, guidance updates, and strategic initiatives, influencing stock sentiment and investment decisions.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Novanta Inc. (NASDAQ: NOVT) reported Q3 2025 revenue of $247.8M, up from $244.4M in Q3 2024. Operating income decreased to $21.8M, net income to $10.7M, with diluted EPS at $0.30.
Why It Matters
Novanta's Q3 results show revenue growth but declining operating income and net income, indicating potential profitability concerns that may affect investor confidence and stock performance.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Novanta (NOVT) reported Q3 earnings of $0.87 per share, exceeding the Zacks estimate of $0.81 and up from $0.85 per share year-over-year.
Why It Matters
Novanta's earnings beat expectations, signaling strong performance and potential growth, which may boost investor confidence and affect stock price positively.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Novanta (NOVT) saw increased trading volume recently, but recent earnings estimate revisions may hinder its upward momentum in the near term.
Why It Matters
Novanta's increased trading volume signals heightened investor interest, but negative earnings estimate revisions could hinder future stock performance, impacting investment decisions.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About NOVT Stock
What is Novanta Inc.'s (NOVT) stock forecast for 2026?
Based on our analysis of 3 Wall Street analysts, Novanta Inc. (NOVT) has a median price target of $141.50. The highest price target is $150.00 and the lowest is $133.00.
Is NOVT stock a good investment in 2026?
According to current analyst ratings, NOVT has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $105.45. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for NOVT stock?
Wall Street analysts predict NOVT stock could reach $141.50 in the next 12 months. This represents a 34.2% increase from the current price of $105.45. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Novanta Inc.'s business model?
Novanta Inc. generates revenue by designing, manufacturing, and selling precision photonic and motion control components and subsystems. Their products are sold to various industries, including healthcare and advanced technologies, where they enhance precision and quality in production processes.
What is the highest forecasted price for NOVT Novanta Inc.?
The highest price target for NOVT is $150.00 from at , which represents a 42.2% increase from the current price of $105.45.
What is the lowest forecasted price for NOVT Novanta Inc.?
The lowest price target for NOVT is $133.00 from Robert Mason at Baird, which represents a 26.1% increase from the current price of $105.45.
What is the overall NOVT consensus from analysts for Novanta Inc.?
The overall analyst consensus for NOVT is bullish. Out of 3 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $141.50.
How accurate are NOVT stock price projections?
Stock price projections, including those for Novanta Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: November 9, 2025 2:33 PM UTC