Novanta Inc. (NOVT)
NASDAQ: NOVT · Real-Time Price · USD
127.45
+1.80 (1.43%)
Jun 26, 2025, 4:00 PM - Market closed
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 25.54% increase from the current stock price of 127.45.
Price Target: $160 (+25.54%)
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '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 | +25.54% | Mar 3, 2025 |
| Baird | Baird | Hold Maintains $175 → $169 | Hold | Maintains | $175 → $169 | +32.60% | Nov 6, 2024 |
| Baird | Baird | Hold Maintains $170 → $175 | Hold | Maintains | $170 → $175 | +37.31% | Aug 7, 2024 |
| Baird | Baird | Hold Maintains $150 → $161 | Hold | Maintains | $150 → $161 | +26.32% | 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
1.00B
from 949.25M
Increased by 5.66%
Revenue Next Year
1.08B
from 1.00B
Increased by 7.58%
EPS This Year
3.44
from 1.77
Increased by 94.20%
EPS Next Year
4.13
from 3.44
Increased by 20.28%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.0B | 1.1B | 1.2B |
| Avg | 1.0B | 1.1B | 1.2B |
| Low | 960.2M | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 9.5% | 11.5% | 11.9% |
| Avg | 5.7% | 7.6% | 8.7% |
| Low | 1.2% | 2.7% | 4.4% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 3.61 | 4.42 |
| Avg | 3.44 | 4.13 |
| Low | 3.25 | 3.87 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 104.1% | 28.6% |
| Avg | 94.2% | 20.3% |
| Low | 83.8% | 12.6% |
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.