Novanta Inc. (NOVT)
NASDAQ: NOVT · Real-Time Price · USD
138.91
+1.14 (0.83%)
Jul 30, 2026, 4:00 PM EDT - Market closed
Novanta Stock Forecast
Stock Price Forecast
According to 3 analysts polled by S&P Global, Novanta stock has a consensus rating of "Strong Buy" and an average price target of $175. The average 1-year stock price forecast is 25.98% higher than the current stock price, while the lowest is $170 (+22.38%) and the highest is $180 (+29.58%).
Price Target: $175 (+25.98%)
Analyst Consensus: Strong Buy
Price Target
Chart* Price targets were last updated on Jun 9, 2026.
Analyst Ratings
The average analyst rating for Novanta stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| William Blair | William Blair | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jul 31, 2026 |
| Robert W. Baird | Robert W. Baird | Buy Maintains $173 → $180 | Buy | Maintains | $173 → $180 | +29.58% | Jun 9, 2026 |
Financial Forecast
Revenue This Year
1.05B
from 980.60M
Increased by 7.42%
Revenue Next Year
1.13B
from 1.05B
Increased by 6.82%
EPS This Year
3.59
from 3.29
Increased by 9.12%
EPS Next Year
4.14
from 3.59
Increased by 15.41%
EPS and Forward PE are based on non-GAAP adjusted numbers.