First Time Loading...

Novanta Inc
NASDAQ:NOVT

Watchlist Manager
Novanta Inc Logo
Novanta Inc
NASDAQ:NOVT
Watchlist
Price: 160.03 USD 0.39% Market Closed
Updated: Apr 30, 2024

Wall Street
Price Targets

NOVT Price Targets Summary
Novanta Inc

Wall Street analysts forecast NOVT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NOVT is 182.07 USD with a low forecast of 171.7 USD and a high forecast of 196.35 USD.

Lowest
Price Target
171.7 USD
7% Upside
Average
Price Target
182.07 USD
14% Upside
Highest
Price Target
196.35 USD
23% Upside
Novanta Inc Competitors:
Price Targets
002362
Hanwang Technology Co Ltd
35% Upside
688009
China Railway Signal & Communication Corp Ltd
20% Upside
7734
Riken Keiki Co Ltd
21% Upside
688531
Wuxi Unicomp Technology Co Ltd
85% Upside
JEN
Jenoptik AG
40% Upside
S9I
Stemmer Imaging AG
44% Upside
PWFL
PowerFleet Inc
75% Upside
3356
GeoVision Inc
13% Downside

Revenue
Forecast

Revenue Estimate
Novanta Inc

For the last 8 years the compound annual growth rate for Novanta Inc's revenue is 11%. The projected CAGR for the next 2 years is 12%.

11%
Past Growth
12%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Novanta Inc

For the last 8 years the compound annual growth rate for Novanta Inc's operating income is 16%. The projected CAGR for the next 2 years is 30%.

16%
Past Growth
30%
Estimated Growth
Estimates Accuracy
-28%
Average Miss

Net Income
Forecast

Net Income Estimate
Novanta Inc

For the last 8 years the compound annual growth rate for Novanta Inc's net income is 9%. The projected CAGR for the next 2 years is 43%.

9%
Past Growth
43%
Estimated Growth
Estimates Accuracy
-35%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is NOVT's stock price target?
Price Target
182.07 USD

According to Wall Street analysts, the average 1-year price target for NOVT is 182.07 USD with a low forecast of 171.7 USD and a high forecast of 196.35 USD.

What is Novanta Inc's Revenue forecast?
Projected CAGR
12%

For the last 8 years the compound annual growth rate for Novanta Inc's revenue is 11%. The projected CAGR for the next 2 years is 12%.

What is Novanta Inc's Operating Income forecast?
Projected CAGR
30%

For the last 8 years the compound annual growth rate for Novanta Inc's operating income is 16%. The projected CAGR for the next 2 years is 30%.

What is Novanta Inc's Net Income forecast?
Projected CAGR
43%

For the last 8 years the compound annual growth rate for Novanta Inc's net income is 9%. The projected CAGR for the next 2 years is 43%.