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Novanta Inc
NASDAQ:NOVT

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Novanta Inc
NASDAQ:NOVT
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Price: 140.52 USD 5.38% Market Closed
Market Cap: $5B

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 158.61 USD with a low forecast of 139.38 USD and a high forecast of 178.5 USD.

Lowest
Price Target
139.38 USD
1% Downside
Average
Price Target
158.61 USD
13% Upside
Highest
Price Target
178.5 USD
27% Upside
Novanta Inc Competitors:
Price Targets
ALK
Alaska Air Group Inc
20% Upside
MYFW
First Western Financial Inc
10% Upside

Revenue
Forecast

9% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
9% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

For the last 13 years the compound annual growth rate for Novanta Inc's revenue is 9%. The projected CAGR for the next 3 years is 6%.

Operating Income
Forecast

9% / Year
Past Growth
22% / Year
Estimated Growth
Estimates Accuracy
-26%
Average Miss
9% / Year
Past Growth
22% / Year
Estimated Growth
Estimates Accuracy
-26%
Average Miss

For the last 13 years the compound annual growth rate for Novanta Inc's operating income is 9%. The projected CAGR for the next 3 years is 22%.

Net Income
Forecast

6% / Year
Past Growth
33% / Year
Estimated Growth
Estimates Accuracy
-34%
Average Miss
6% / Year
Past Growth
33% / Year
Estimated Growth
Estimates Accuracy
-34%
Average Miss

For the last 13 years the compound annual growth rate for Novanta Inc's net income is 6%. The projected CAGR for the next 3 years is 33%.

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
158.61 USD

According to Wall Street analysts, the average 1-year price target for NOVT is 158.61 USD with a low forecast of 139.38 USD and a high forecast of 178.5 USD.

What is Novanta Inc's Revenue forecast?
Projected CAGR
6%

For the last 13 years the compound annual growth rate for Novanta Inc's revenue is 9%. The projected CAGR for the next 3 years is 6%.

What is Novanta Inc's Operating Income forecast?
Projected CAGR
22%

For the last 13 years the compound annual growth rate for Novanta Inc's operating income is 9%. The projected CAGR for the next 3 years is 22%.

What is Novanta Inc's Net Income forecast?
Projected CAGR
33%

For the last 13 years the compound annual growth rate for Novanta Inc's net income is 6%. The projected CAGR for the next 3 years is 33%.

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