Novanta Inc. (NOVT)
| Market Cap | 6.26B +50.5% |
| Revenue (ttm) | 1.03B +7.6% |
| Net Income | 61.76M +0.7% |
| EPS | 1.58 -6.4% |
| Shares Out | 37.82M |
| PE Ratio | 104.79 |
| Forward PE | 41.55 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 76,082 |
| Open | 165.74 |
| Previous Close | 163.86 |
| Day's Range | 165.22 - 169.55 |
| 52-Week Range | 98.27 - 176.38 |
| Beta | 1.68 |
| Analysts | Strong Buy |
| Price Target | 194.50 (+17.45%) |
| Earnings Date | Aug 5, 2026 |
About NOVT
Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. The company operates Automation Enabling Technologies and Medical Solutions segments. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam steering and scanning solutions, laser sources, robotic and precision motion, robotic end-of-arm tooling, and bearing spindles. This segment s... [Read more]
Financial Performance
In 2025, Novanta's revenue was $980.60 million, an increase of 3.30% compared to the previous year's $949.25 million. Earnings were $53.83 million, a decrease of -16.01%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for NOVT stock is "Strong Buy." The 12-month stock price target is $194.5, which is an increase of 17.45% from the latest price.
News
Novanta price target raised to $194 from $180 at Baird
Baird raised the firm’s price target on Novanta (NOVT) to $194 from $180 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results and…
Novanta Earnings Call Transcript: Q2 2026
Delivered 9% organic and 10% reported sales growth in Q2 2026, with all business units growing organically and strong momentum in AI, robotics, and medical markets. Closed the Riverpoint Medical acquisition, raised full-year outlook, and accelerated manufacturing transformation, with gross margin and cash flow at record levels.
Novanta Earnings release: Q2 2026
Novanta released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Novanta Quarterly report: Q2 2026
Novanta has published its Q2 2026 quarterly earnings report on August 6, 2026.
Novanta reports Q2 EPS 89c, consensus 83c
Reports Q2 revenue $265.8M, consensus $262.3M. “Novanta (NOVT) delivered an exceptional second quarter, exceeding expectations across revenue, margins, and profitability,” said Matthijs Glastra, Chair...
Novanta sees Q3 adjusted EPS 95c-$1.00, consensus 94c
Sees Q3 revenue $300M-$304M, consensus $262.82M. Sees Q3 adjusted EBITDA $74M-$77M.
Novanta sees FY26 adjusted EPS $3.68-$3.74, consensus $3.59
Sees FY26 revenue $1.13B-$1.14B, consensus $1.05B. Sees adjusted EBITDA $273M-$278M.
Novanta Announces Financial Results for the Second Quarter 2026
BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial res...
Novanta completes acquisition of Riverpoint Medical
Novanta (NOVT) announced that it has completed the acquisition of Riverpoint Medical from Arlington Capital Partners. The transaction is expected to generate a high single-digit return on invested cap...
Novanta Completes Acquisition of Riverpoint Medical
BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today announced that it has ...
Novanta Inc. Announces Schedule of Second Quarter 2026 Earnings Release and Conference Call
BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its second quarter 2026 resu...
Novanta registers to sell 2.14M common shares for holders
This filing relates to the offer and sale from time to time by the selling stockholders of up to 2.14M common shares. The company is not selling any shares under…
Novanta to Present at the CJS Securities 26th Annual New Ideas Summer Conference on Thursday, July 9, 2026
BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckley, Chie...
Novanta Transcript: M&A announcement
The acquisition of Riverpoint Medical accelerates expansion into high-growth surgical consumables, is immediately accretive, and brings significant synergies and recurring revenue growth. The deal strengthens market position, leverages existing customer relationships, and sets a platform for future expansion.
Novanta Slides: M&A announcement
Novanta has posted slides in relation to its latest quarterly earnings report, which was published on June 9, 2026.
Novanta Press release: M&A announcement
Novanta issued a press release on June 9, 2026, disclosing material business information to investors.
Novanta price target raised to $180 from $173 at Baird
Baird analyst Quinn Fredrickson raised the firm’s price target on Novanta (NOVT) to $180 from $173 and keeps an Outperform rating on the shares.
Novanta announces $300M private placement
Novanta (NOVT) announced that it has entered into a securities purchase agreement for a private placement of the company’s common shares to institutional and other accredited investors that is expecte...
Novanta Inc. Announces $300 Million Private Placement
BOSTON--(BUSINESS WIRE)--Novanta Inc. ("Novanta" or the “Company”) announced today that it has entered into a securities purchase agreement for a private placement of the Company's common shares (“Com...
Novanta acquires Riverpoint Medical for $1.45B
Novanta (NOVT) has entered into a definitive agreement to acquire Riverpoint Medical, a company providing minimally invasive surgical consumables, from Arlington Capital, a Washington D.C.-area privat...
Novanta Inc. Announces Acquisition of Riverpoint Medical
BOSTON--(BUSINESS WIRE)--Novanta Inc. (NASDAQ: NOVT) (“Novanta” or the “Company”), a trusted technology partner to leading global medical and industrial original equipment manufacturers (OEMs), today ...
Novanta Transcript: 46th Annual William Blair Growth Stock Conference
Portfolio now over 50% medical, with reduced semiconductor exposure and strong focus on robotics, automation, and recurring revenue. Growth driven by innovation in medical consumables, intelligent subsystems, and GenAI-linked technologies, with double-digit growth targeted through organic and M&A strategies.
Novanta Transcript: AGM 2026
The meeting covered board introductions, review of 2025 financials, and voting on director elections, executive compensation, and auditor appointment. All proposals passed, and no shareholder questions were raised.
Novanta Slides: Investor presentation
Novanta has posted slides in relation to its latest quarterly earnings report, which was published on May 26, 2026.
Novanta to Present at Jefferies Global Healthcare Conference on Thursday, June 4, 2026
BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckley, Chie...