PriceTargets.com logo

Novanta - NOVT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $169.00
  • Forecasted Upside: 10.10%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$153.50 As of 12/20/2024 06:31 PM ET
▲ +0.04 (0.03%)

This chart shows the closing price for NOVT by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Novanta Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for NOVT and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for NOVT

Analyst Price Target is $169.00
▲ +10.10% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Novanta in the last 3 months. The average price target is $169.00, with a high forecast of $169.00 and a low forecast of $169.00. The average price target represents a 10.10% upside from the last price of $153.50.

This chart shows the closing price for NOVT for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Hold

The current consensus among 1 contributing investment analysts is to hold stock in Novanta. This rating has held steady since April 2023, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/6/2024Robert W. BairdLower TargetNeutral ➝ Neutral$175.00 ➝ $169.00
8/7/2024Robert W. BairdBoost TargetNeutral ➝ Neutral$170.00 ➝ $175.00
5/11/2023Robert W. BairdBoost Target$150.00 ➝ $161.00
5/11/2022William BlairUpgradeMarket Perform ➝ Outperform
9/3/2021Robert W. BairdReiterated RatingHold
11/13/2020Berenberg BankInitiated CoverageHold$109.00
5/13/2020Robert W. BairdBoost TargetNeutral$80.00 ➝ $90.00
4/2/2020William BlairDowngradeOutperform ➝ Market Perform
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.43 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 11 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 7 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 8 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 13 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
9/22/2024
  • 12 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 8 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 16 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 16 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Novanta logo
Novanta, Inc. engages in the provision of core technology solutions to healthcare and advanced industrial original equipment manufacturers. It operates through the following segments: Photonics, Vision, and Precision Motion. The Photonics segment designs, manufactures, and markets photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products. The Vision segment offers a range of medical grade technologies, including medical insufflators, pumps and related disposables, surgical displays and operating room integration technologies, optical data collection and machine vision technologies, radio frequency identification technologies, thermal printers, spectrometry technologies, and embedded touch screen solutions. The Precision Motion segment includes optical encoders, precision motor and motion control technology, air bearing spindles, and precision machined components to customers. The company was founded in 1968 and is headquartered in Bedford, MA.
Read More

Today's Range

Now: $153.50
Low: $151.03
High: $155.28

50 Day Range

MA: $170.15
Low: $153.46
High: $182.65

52 Week Range

Now: $153.50
Low: $146.86
High: $187.12

Volume

575,317 shs

Average Volume

150,320 shs

Market Capitalization

$5.51 billion

P/E Ratio

91.92

Dividend Yield

N/A

Beta

1.26

Frequently Asked Questions

What sell-side analysts currently cover shares of Novanta?

The following Wall Street analysts have issued stock ratings on Novanta in the last twelve months: Robert W. Baird, and TheStreet.
View the latest analyst ratings for NOVT.

What is the current price target for Novanta?

0 Wall Street analysts have set twelve-month price targets for Novanta in the last year. Their average twelve-month price target is $169.00, suggesting a possible upside of 10.1%. Robert W. Baird has the highest price target set, predicting NOVT will reach $169.00 in the next twelve months. Robert W. Baird has the lowest price target set, forecasting a price of $169.00 for Novanta in the next year.
View the latest price targets for NOVT.

What is the current consensus analyst rating for Novanta?

Novanta currently has 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NOVT, but not buy more shares or sell existing shares.
View the latest ratings for NOVT.

What other companies compete with Novanta?

Other companies that are similar to Novanta include Regal Rexnord, CAE, Bloom Energy, Fluence Energy and Atkore. Learn More about companies similar to Novanta.

How do I contact Novanta's investor relations team?

Novanta's physical mailing address is 125 Middlesex Turnpike, Bedford MA, 01730. The technology company's listed phone number is (781) 266-5700 and its investor relations email address is [email protected]. The official website for Novanta is www.novanta.com. Learn More about contacing Novanta investor relations.