NOVTNOVTTechnology · Scientific & Technical Instruments

NOVT Stock Forecast: Novanta, Inc. Price Predictions for 2026-2027

Last close, 14 Aug 2026
$167
−0.40% on the day

The 3 Wall Street analysts covering Novanta, Inc. hold a median 12-month price target of $195 — +16.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 55 of 100 as at 15 Aug 2026 — in the upper half.

Market cap
$6.3B
Ticker Nerd rank
55 / 100
Median analyst target
$195
Analysts covering
3
Total return, dividends reinvested
1W
+0.1%
1M
+13.6%
YTD
+40.0%
1Y
+41.0%
From 52W high
−1.2%
From 52W low
+67.9%
$99
$169
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

NOVT stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Novanta, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 15 Aug 2026
55 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
99
Issuance
82
Momentum
60
Accruals
50
Quality
47
Growth
41
Value
24
Volatility
23
Size
21

Revisions (99): Analysts have, on balance, been raising their forecasts.

Volatility (23): The share price moves around a lot.

Size (21): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

NOVT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on NOVT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$100$120$140$160$180$200Oct 25Jan 26Apr 26Jul 26NOVTHigh $195Median $195Low $194

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says3 analysts
3 Buy0 Hold0 Sell
Low $194Median $195High $195

The green dot is the last close — the median target sits +16.8% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
13 May 2026BairdMaintainsOutperform$144$173
30 Mar 2026BairdUpgradeOutperform
11 Aug 2025BairdMaintainsNeutral
3 Mar 2025BairdMaintainsNeutral
6 Nov 2024BairdMaintainsNeutral
7 Aug 2024BairdMaintainsNeutral
11 May 2023BairdMaintainsNeutral
11 May 2022William BlairUpgradeOutperform
13 Nov 2020BerenbergInitiatesHold
13 May 2020BairdMaintainsNeutral
28 Feb 2019BairdMaintainsNeutral
9 May 2018BairdDowngradeNeutral
27 Feb 2018William BlairInitiatesOutperform
8 Dec 2017BairdInitiatesOutperform

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. NOVT appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

NOVT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+3.6%
Analysts raising
2
Analysts cutting
1
Fundamentals

Novanta, Inc. (NOVT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
106.1×

Cheaper than 7% of US stocks

Price / sales
6.1×

Cheaper than 22% of US stocks

Price / book
3.9×

Cheaper than 28% of US stocks

EV / EBITDA
32.4×

Cheaper than 8% of US stocks

Growth & margins
Revenue growth (YoY)
10.3%

Higher than 53% of US stocks

Earnings growth (YoY)
178.9%

Higher than 89% of US stocks

Gross margin
45.5%

Higher than 57% of US stocks

Operating margin
11.5%

Higher than 66% of US stocks

Net margin
6.0%

Higher than 62% of US stocks

Returns & dividend
Return on equity
5.1%

Higher than 54% of US stocks

Return on assets
4.1%

Higher than 71% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

NOVT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelScientific & Technical Instruments
CompanyMarket capTKN rank
NOVTNovanta, Inc.$6.3B
55
STSensata Technologies Holding Plc$6.7B
94
ESEESCO Technologies, Inc.$7.9B
89
VNTVontier Corp.$4.6B
82
ITRIItron, Inc.$4.5B
72
BMIBadger Meter, Inc.$3.9B
40
CGNXCognex Corp.$11.0B
85

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Novanta, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest NOVT news & analysis

Are You Looking for a Top Momentum Pick? Why Novanta (NOVT) is a Great Choice

Zacks Investment Research · 12 Aug 2026positive

Zacks Investment Research published a piece examining whether Novanta (NOVT) has the attributes to be a top pick for momentum investors.

Why it matters — A positive momentum assessment from a major research firm could influence how investors perceive NOVT's near-term trading prospects.

Novanta Q2 Earnings Call Highlights

MarketBeat · 7 Aug 2026positive

Novanta reported second-quarter results featuring 9% organic sales growth, expanding margins, and higher operating cash flow. The company raised its full-year outlook following the late-July closing of its Riverpoint Medical acquisition.

Why it matters — NOVT watchers would note the strengthened growth and profitability momentum, reinforced by the completed Riverpoint Medical acquisition and an upwardly revised full-year outlook.

Novanta Inc. (NOVT) Q2 2026 Earnings Call Transcript

Seeking Alpha · 6 Aug 2026neutral

Seeking Alpha published the transcript of Novanta Inc.'s Q2 2026 earnings call, providing a record of management's discussion of results for the quarter. The item consists of the full earnings call transcript for the period.

Why it matters — The earnings call transcript gives NOVT investors direct insight into the company's Q2 2026 performance and management commentary.

Novanta (NOVT) Tops Q2 Earnings and Revenue Estimates

Zacks Investment Research · 5 Aug 2026positive

Novanta reported quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.83 per share and surpassing the $0.76 per share it earned a year earlier. The results exceeded both earnings and revenue estimates.

Why it matters — Novanta watchers would care because the company delivered quarterly results above analyst expectations, including improved earnings versus the prior year.

Novanta Announces Financial Results for the Second Quarter 2026

Business Wire · 5 Aug 2026positive

Novanta reported its second quarter 2026 financial results, with revenue of $265.8 million, operating income of $18.1 million, net income of $12.5 million, and diluted EPS of $0.30. These figures compare with revenue of $241.0 million, operating income of $14.9 million, net income of $4.5 million, and diluted EPS of $0.12 in the same quarter of 2025.

Why it matters — The results show year-over-year growth across revenue, operating income, net income, and earnings per share, providing NOVT watchers with a clear view of the company's latest quarterly performance.

FAQ

Frequently asked questions about NOVT stock

What is the NOVT stock price forecast for 2026-2027?

The 3 Wall Street analysts covering Novanta, Inc. have a median 12-month price target of $195, with estimates ranging from $194 to $195. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is NOVT stock a buy right now?

Of the 3 analysts covering Novanta, Inc., 3 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Novanta, Inc. 55 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NOVT?

As at 15 Aug 2026, Novanta, Inc. ranks 55 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (99 of 100).

Will NOVT stock go up?

No one can know that. What the data says: the median 12-month target from 3 analysts implies +16.8% from the last close, and Ticker Nerd's factor model ranks Novanta, Inc. 55 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the NOVT stock forecast for 2030?

No analyst covering Novanta, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NOVT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $194 to $195 over the next 12 months.

How has NOVT stock performed over the past year?

Novanta, Inc. returned +41.0% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Novanta, Inc. do?

Novanta Inc. is a leading technology company that designs, manufactures, and sells precision photonic and motion control components and subsystems.

What is the latest news on NOVT?

The most recent item we track (Zacks Investment Research, 12 Aug 2026): "Are You Looking for a Top Momentum Pick? Why Novanta (NOVT) is a Great Choice". Zacks Investment Research published a piece examining whether Novanta (NOVT) has the attributes to be a top pick for momentum investors.

Company

About Novanta, Inc.

Novanta Inc. is a leading technology company that designs, manufactures, and sells precision photonic and motion control components and subsystems. These products are integral to a variety of industries, including healthcare, industrial, and advanced technologies. Novanta's offerings include engineered components like lasers, beam delivery subsystems, and industrial solutions that enhance the precision and quality of production processes. The company leverages its technological expertise to provide solutions in applications such as minimally invasive surgery, medical diagnostics, and robotics. Novanta Inc. distinguishes itself through its innovation-driven approach and commitment to quality, ensuring its products meet stringent industry standards. Based in Bedford, Massachusetts, Novanta maintains a global footprint, with operations in numerous countries, allowing it to serve a diverse, international clientele. Its strategic role in enabling sophisticated manufacturing processes underscores its significance in the financial market as a valued industrial and technological partner.

CEO Mr. Matthijs Glastra · 3,000 employees · United States · https://www.novanta.com