Novanta Inc. (NOVT)
NASDAQ: NOVT · Real-Time Price · USD
159.33
0.00 (0.00%)
At close: May 29, 2026, 4:00 PM EDT
157.04
-2.29 (-1.44%)
After-hours: May 29, 2026, 7:35 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 $171.5. The average 1-year stock price forecast is 7.64% higher than the current stock price, while the lowest is $170 (+6.70%) and the highest is $173 (+8.58%).
Price Target: $171.5 (+7.64%)
Analyst Consensus: Strong Buy
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 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 $144 → $173 | Buy | Maintains | $144 → $173 | +8.58% | May 13, 2026 |
| William Blair | William Blair | Buy Maintains n/a | Buy | Maintains | n/a | n/a | May 13, 2026 |
Financial Forecast
Revenue This Year
1.07B
from 980.60M
Increased by 9.52%
Revenue Next Year
1.15B
from 1.07B
Increased by 6.89%
EPS This Year
3.66
from 1.47
Increased by 149.10%
EPS Next Year
4.23
from 3.66
Increased by 15.41%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 1.1B | 1.2B |
| Avg | 1.1B | 1.1B |
| Low | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 12.9% | 10.6% |
| Avg | 9.5% | 6.9% |
| Low | 5.1% | 2.0% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 3.80 | 4.39 |
| Avg | 3.66 | 4.23 |
| Low | 3.48 | 4.02 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | 158.6% | 19.9% |
| Avg | 149.1% | 15.4% |
| Low | 136.7% | 9.7% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.