Novanta Inc. (NOVT)

NASDAQ: NOVT · Real-Time Price · USD
128.98
-3.80 (-2.86%)
At close: Apr 28, 2026, 4:00 PM EDT
128.98
0.00 (0.00%)
After-hours: Apr 28, 2026, 4:01 PM EDT
-2.86%
Market Cap 4.60B
Revenue (ttm) 980.60M
Net Income (ttm) 53.83M
Shares Out 35.68M
EPS (ttm) 1.47
PE Ratio 87.05
Forward PE 35.91
Dividend n/a
Ex-Dividend Date n/a
Volume 304,943
Open 131.78
Previous Close 132.78
Day's Range 127.53 - 131.78
52-Week Range 98.27 - 149.95
Beta 1.65
Analysts Buy
Price Target 144.00 (+11.6%)
Earnings Date May 11, 2026

About NOVT

Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. The company operates Automation Enabling Technologies and Medical Solutions segments. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam steering and scanning solutions, laser sources, robotic and precision motion, robotic end-of-arm tooling, and bearing spindles. This segment s... [Read more]

Sector Technology
Founded 1968
Employees 3,000
Stock Exchange NASDAQ
Ticker Symbol NOVT
Full Company Profile

Financial Performance

In 2025, Novanta's revenue was $980.60 million, an increase of 3.30% compared to the previous year's $949.25 million. Earnings were $53.83 million, a decrease of -16.01%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NOVT stock is "Buy" and the 12-month stock price target is $144.0.

Price Target
$144.0
(11.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Novanta Inc. Announces Schedule of First Quarter 2026 Earnings Release and Conference Call

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its first quarter 2026 resul...

14 days ago - Business Wire

Novanta Joins NVIDIA Halos AI Systems Inspection Lab

BOSTON--(BUSINESS WIRE)--Novanta Inc. (NASDAQ: NOVT) announced today that it has joined NVIDIA Halos AI Systems Inspection Lab, the first ANSI National Accreditation Board (ANAB) accredited inspection...

6 weeks ago - Business Wire

Novanta Earnings Call Transcript: Q4 2025

Record 2025 revenue and bookings, strong new product growth, and double-digit profit gains were achieved, though margins and cash flow were temporarily pressured by manufacturing transitions. 2026 guidance calls for 4–6% organic growth, margin expansion, and robust acquisition capacity.

2 months ago - Transcripts

Novanta Announces Financial Results for the Fourth Quarter and Full Year 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial res...

2 months ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, February 24, 2026

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its fourth quarter 2025 resu...

3 months ago - Business Wire

Novanta to Present at the CJS Securities 26th Annual New Ideas for the New Year Investor Conference on Wednesday, January 14, 2026

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Chuck Ravetto, Chief...

4 months ago - Business Wire

Novanta to Present at the J.P. Morgan 44th Annual Healthcare Conference on Wednesday, January 14, 2026

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Ch...

4 months ago - Business Wire

Novanta Inc. Announces Pricing of $550,000,000 Tangible Equity Units Offering

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) ("Novanta" or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that it has ...

6 months ago - Business Wire

Novanta Inc. Announces Offering of Tangible Equity Units

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) ("Novanta" or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that it has ...

6 months ago - Business Wire

Novanta Earnings Call Transcript: Q3 2025

Q3 2025 results exceeded expectations with record revenue, strong margin expansion, and robust new product growth. Guidance calls for sequential revenue and profit growth into Q4 and 2026, led by advanced surgery and robotics, with regional manufacturing and acquisitions supporting resilience.

6 months ago - Transcripts

Novanta Announces Financial Results for the Third Quarter 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial res...

6 months ago - Business Wire

Novanta to Present at Jefferies Global Healthcare Conference on Tuesday, November 18, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Ch...

6 months ago - Business Wire

Novanta Hosts ISO event for Humanoid Robot Safety Standards

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT), a trusted technology partner to medical and advanced industrial OEMs, announced that it will host an International Organization for Standardizatio...

6 months ago - Business Wire

Novanta to Present at the Baird 2025 Global Industrial Conference on Tuesday, November 11, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Ch...

6 months ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, November 4, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its third quarter 2025 resul...

7 months ago - Business Wire

Novanta's Board of Directors Authorizes Additional $200 Million for Share Repurchase Program

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that its Board of Directo...

7 months ago - Business Wire

Novanta to Present at Baird 2025 Global Healthcare Conference on Tuesday, September 9, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Ch...

9 months ago - Business Wire

Novanta Earnings Call Transcript: Q2 2025

Q2 2025 results met or exceeded expectations, with strong growth in advanced surgery and robotics, robust new product momentum, and major design wins. Guidance calls for 2–4% revenue growth in 2025, with ongoing tariff and trade risks but sequential improvement expected in industrial and life sciences.

9 months ago - Transcripts

Novanta Announces Financial Results for the Second Quarter 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial res...

9 months ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, August 5, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its second quarter 2025 resu...

10 months ago - Business Wire

Novanta to Present at the CJS Securities 25th Annual New Ideas Summer Conference on Thursday, July 10, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckley, Chie...

11 months ago - Business Wire

Novanta to Present at Baird 2025 Global Consumer, Technology & Services Conference on Wednesday, June 4, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckley, Chie...

1 year ago - Business Wire

Novanta to Present at the William Blair 45th Annual Growth Stock Conference on Tuesday, June 3, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Ch...

1 year ago - Business Wire

Novanta Earnings Call Transcript: Q1 2025

Q1 2025 saw 2% organic revenue growth, strong cash flow, and robust new product launches, despite tariff headwinds and life science market weakness. Guidance for Q2 is $230M–$240M revenue, with EBITDA and EPS expected to remain solid.

1 year ago - Transcripts

Novanta Announces Financial Results for the First Quarter 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial res...

1 year ago - Business Wire