Novanta Inc. (NOVT)
NASDAQ: NOVT · Real-Time Price · USD
145.52
-0.42 (-0.29%)
At close: Aug 20, 2026, 4:00 PM EDT
148.00
+2.48 (1.70%)
After-hours: Aug 20, 2026, 7:51 PM EDT
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 $194.5. The average 1-year stock price forecast is 33.66% higher than the current stock price, while the lowest is $194 (+33.32%) and the highest is $195 (+34.00%).
Price Target: $194.5 (+33.66%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst 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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 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 |
|---|---|---|---|---|---|---|---|
| Robert W. Baird | Robert W. Baird | Buy Maintains $180 → $194 | Buy | Maintains | $180 → $194 | +33.32% | Aug 7, 2026 |
| William Blair | William Blair | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Aug 6, 2026 |
Financial Forecast
Revenue This Year
1.13B
from 980.60M
Increased by 15.57%
Revenue Next Year
1.31B
from 1.13B
Increased by 15.87%
EPS This Year
3.69
from 3.29
Increased by 12.26%
EPS Next Year
4.37
from 3.69
Increased by 18.23%
EPS and Forward PE are based on non-GAAP adjusted numbers.