Novanta Inc. (NOVT)
NASDAQ: NOVT · IEX Real-Time Price · USD
172.49
-6.22 (-3.48%)
At close: Jul 19, 2024, 4:30 PM
172.43
-0.06 (-0.03%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Novanta Stock Forecast
Stock Price Forecast
There is currently no analyst price target forecast available for Novanta.
Analyst Consensus: n/a
Analyst Ratings
There are currently no analyst ratings available for Novanta.
Recommendation Trends
| Rating | Mar '23 | Apr '23 | May '23 |
|---|---|---|---|
| Strong Buy | 0 | 0 | 0 |
| Buy | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 1 | 1 | 0 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $150 → $161 | Hold | Maintains | $150 → $161 | -6.66% | 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 881.66M
Increased by 13.42%
Revenue Next Year
1.10B
from 1.00B
Increased by 10.20%
EPS This Year
3.32
from 2.02
Increased by 64.28%
EPS Next Year
4.13
from 3.32
Increased by 24.39%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.0B | 1.1B |
| Avg | 1,000.0M | 1.1B |
| Low | 952.4M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 17.6% | 14.4% |
| Avg | 13.4% | 10.2% |
| Low | 8.0% | 4.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.47 | 4.31 |
| Avg | 3.32 | 4.13 |
| Low | 3.14 | 3.93 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 71.5% | 29.7% |
| Avg | 64.3% | 24.4% |
| Low | 55.2% | 18.4% |
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.