Novanta Inc. (NOVT)
NASDAQ: NOVT · Real-Time Price · USD
129.33
-6.53 (-4.81%)
Nov 4, 2025, 4:00 PM EST - Market closed
Novanta Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Novanta stock has a target of 133, which predicts a 2.84% increase from the current stock price of 129.33.
Price Target: $133 (+2.84%)
Analyst Consensus: Hold
* Price targets were last updated on Aug 11, 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 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '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 $139 → $133 | Hold | Maintains | $139 → $133 | +2.84% | Aug 11, 2025 |
| Baird | Baird | Hold Maintains $169 → $160 | Hold | Maintains | $169 → $160 | +23.71% | Mar 3, 2025 |
| Baird | Baird | Hold Maintains $175 → $169 | Hold | Maintains | $175 → $169 | +30.67% | Nov 6, 2024 |
| Baird | Baird | Hold Maintains $170 → $175 | Hold | Maintains | $170 → $175 | +35.31% | Aug 7, 2024 |
| Baird | Baird | Hold Maintains $150 → $161 | Hold | Maintains | $150 → $161 | +24.49% | May 11, 2023 |
Financial Forecast
Revenue This Year
997.30M
from 949.25M
Increased by 5.06%
Revenue Next Year
1.07B
from 997.30M
Increased by 6.89%
EPS This Year
3.33
from 1.77
Increased by 87.86%
EPS Next Year
3.85
from 3.33
Increased by 15.85%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.0B | 1.1B | |
| Avg | 997.3M | 1.1B | |
| Low | 953.3M | 1.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 8.9% | 10.6% | |
| Avg | 5.1% | 6.9% | |
| Low | 0.4% | 2.3% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 3.45 | 4.01 |
| Avg | 3.33 | 3.85 |
| Low | 3.16 | 3.63 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 95.2% | 20.6% |
| Avg | 87.9% | 15.8% |
| Low | 78.3% | 9.0% |
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.