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Novanta Inc
NASDAQ:NOVT

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Novanta Inc
NASDAQ:NOVT
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Price: 150.56 USD 4.86% Market Closed
Market Cap: $5.4B

Wall St Price Targets

NOVT Price Forecast
Based on 4 analysts

+32% Upside
from $150.56 today

Novanta Inc (NOVT)’s 12-month stock price forecast through October 2027 has a consensus target of $198.39, implying 32% upside. The forecast is based on price targets from 4 Wall Street analysts.

NOVT Analyst Rating
Based on 3 analysts

avg. 4.67 of 5
Strong buy
2 67%
Buy
1 33%
Hold
0 0%
Sell
0 0%
Strong sell
0 0%

Analysts rate NOVT Strong buy, with 3 of 3 recommending Buy or Strong buy.

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Price Targets

Financial forecasts

Past growth per year

Average annual growth cannot be calculated for these periods.

Explore analyst estimates, growth and forecast ranges.

Reported Lowest–highest estimate

Value YoY Lowest–highest Analysts
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 you see on other sites is mostly sourced from sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for NOVT is 198.39 USD with a low forecast of 195.94 USD and a high forecast of 204.75 USD.

What is the Revenue forecast for Novanta Inc?
Projected CAGR
17%

Over the last 13 years, the compound annual growth rate for Revenue has been 11%. The projected CAGR for the next 2 years is 17%.

What is the Gross Profit forecast for Novanta Inc?
Projected CAGR
21%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 12%. The projected CAGR for the next 2 years is 21%.

What is the Operating Income forecast for Novanta Inc?
Projected CAGR
59%

Over the last 13 years, the compound annual growth rate for Operating Income has been 13%. The projected CAGR for the next 2 years is 59%.

What is the Pre-Tax Income forecast for Novanta Inc?
Projected CAGR
64%

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 12%. The projected CAGR for the next 2 years is 64%.

What is the Net Income forecast for Novanta Inc?
Projected CAGR
89%

Over the last 13 years, the compound annual growth rate for Net Income has been 8%. The projected CAGR for the next 2 years is 89%.

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