Novanta Inc. (NOVT)
NASDAQ: NOVT · Real-Time Price · USD
129.59
-1.82 (-1.38%)
At close: May 15, 2025, 4:00 PM
129.59
0.00 (0.00%)
After-hours: May 15, 2025, 5:47 PM EDT
Novanta Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Novanta stock has a target of 160, which predicts a 23.47% increase from the current stock price of 129.59.
Price Target: $160.00 (+23.47%)
Analyst Consensus: Hold
* Price targets were last updated on Mar 3, 2025.
Analyst Ratings
According to 1 stock analyst, the rating for Novanta is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $169 → $160 | Hold | Maintains | $169 → $160 | +23.47% | Mar 3, 2025 |
| Baird | Baird | Hold Maintains $175 → $169 | Hold | Maintains | $175 → $169 | +30.41% | Nov 6, 2024 |
| Baird | Baird | Hold Maintains $170 → $175 | Hold | Maintains | $170 → $175 | +35.04% | Aug 7, 2024 |
| Baird | Baird | Hold Maintains $150 → $161 | Hold | Maintains | $150 → $161 | +24.24% | May 11, 2023 |
| William Blair | William Blair | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | May 11, 2022 |
Financial Forecast
Revenue This Year
1.01B
from 949.25M
Increased by 6.51%
Revenue Next Year
1.09B
from 1.01B
Increased by 7.81%
EPS This Year
3.53
from 1.77
Increased by 99.39%
EPS Next Year
4.18
from 3.53
Increased by 18.50%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 1.0B | 1.1B |
| Avg | 1.0B | 1.1B |
| Low | 960.2M | 1.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 10.5% | 12.5% |
| Avg | 6.5% | 7.8% |
| Low | 1.2% | 1.9% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 3.68 | 4.36 |
| Avg | 3.53 | 4.18 |
| Low | 3.33 | 3.97 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 107.6% | 23.5% |
| Avg | 99.4% | 18.5% |
| Low | 88.2% | 12.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.