Novanta Inc. (NOVT)
NASDAQ: NOVT · Real-Time Price · USD
157.55
-2.88 (-1.80%)
At close: Jun 26, 2026, 4:00 PM EDT
158.33
+0.78 (0.50%)
After-hours: Jun 26, 2026, 6:51 PM EDT

Novanta Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Novanta stock has a target of 180, which predicts an increase of 14.25% from the current stock price of 157.55.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $180 $180 $180 $180
Change +14.25% +14.25% +14.25% +14.25%

Analyst Ratings

The average analyst rating for Novanta stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 112222
Buy 111111
Hold 110000
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
William Blair
William Blair
Buy
Maintains
n/a
Buy Maintains n/a n/a Jun 15, 2026
Robert W. Baird
Robert W. Baird
Buy
Maintains
$173$180
Buy Maintains $173$180 +14.25% Jun 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.05B
from 980.60M
Increased by 7.42%
Revenue Next Year
1.13B
from 1.05B
Increased by 6.82%
EPS This Year
3.59
from 3.29
Increased by 9.12%
EPS Next Year
4.14
from 3.59
Increased by 15.41%
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
706.79M860.90M881.66M949.25M980.60M1.05B1.13B
Revenue Growth
19.67%21.80%2.41%7.66%3.30%7.42%6.82%
EPS
1.412.062.021.771.472.493.07
EPS Growth
12.80%46.10%-1.94%-12.38%-16.95%69.05%23.54%
Forward PE
-----63.4051.32
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027
High 1.1B 1.1B
Avg 1.1B 1.1B
Low 1.1B 1.1B

Revenue Growth

Revenue Growth 20262027
High
7.5%
7.4%
Avg
7.4%
6.8%
Low
7.3%
6.1%

EPS Forecast

EPS 20262027
High 3.62 4.18
Avg 3.59 4.14
Low 3.55 4.10

EPS Growth

EPS Growth 20262027
High
10.0%
16.4%
Avg
9.1%
15.4%
Low
7.9%
14.2%
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.