Novanta Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Novanta stock has a target of 133, which predicts a decrease of -1.06% from the current stock price of 134.43.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$133	$133	$133	$133
Change	-1.06%	-1.06%	-1.06%	-1.06%

* Price targets were last updated on Aug 11, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for Novanta is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Robert Mason Baird	Baird	Hold Maintains $139 → $133	Hold	Maintains	$139 → $133	-1.06%	Aug 11, 2025
Robert Mason Baird	Baird	Hold Maintains $160 → $139	Hold	Maintains	$160 → $139	+3.40%	May 12, 2025
Robert Mason Baird	Baird	Hold Maintains $169 → $160	Hold	Maintains	$169 → $160	+19.02%	Mar 3, 2025
Robert Mason Baird	Baird	Hold Maintains $175 → $169	Hold	Maintains	$175 → $169	+25.72%	Nov 6, 2024
Robert Mason Baird	Baird	Hold Maintains $170 → $175	Hold	Maintains	$170 → $175	+30.18%	Aug 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.06B

from 980.60M

8.50%

from 980.60M

Revenue Next Year

1.14B

from 1.06B

7.05%

from 1.06B

EPS This Year

3.69

from 1.47

150.72%

from 1.47

EPS Next Year

4.19

from 3.69

13.75%

from 3.69

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	706.79M	860.90M	881.66M	949.25M	980.60M	1.06B	1.14B
Revenue Growth	19.67%	21.80%	2.41%	7.66%	3.30%	8.50%	7.05%
EPS	1.41	2.06	2.02	1.77	1.47	3.69	4.19
EPS Growth	12.80%	46.10%	-1.94%	-12.38%	-16.95%	150.72%	13.75%
Forward PE	-	-	-	-	-	36.47	32.07
No. Analysts	-	-	-	-	-	6	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	1.1B	1.2B
Avg	1.1B	1.1B
Low	1.0B	1.1B

Revenue Growth

Revenue Growth	2026	2027
High	12.3%	10.8%
Avg	8.5%	7.0%
Low	3.7%	2.3%

EPS Forecast

EPS	2026	2027
High	3.84	4.33
Avg	3.69	4.19
Low	3.48	4.02

EPS Growth

EPS Growth	2026	2027
High	161.4%	17.4%
Avg	150.7%	13.7%
Low	136.7%	9.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.