WallStreetZenWallStreetZen

NASDAQ: NOVT
Novanta Inc Stock Forecast, Predictions & Price Target

Be the first to know when Wall Street analysts revise their NOVT stock forecasts and price targets.

Forecast return on equity

Is NOVT forecast to generate an efficient return?

Forecast return on assets

Is NOVT forecast to generate an efficient return on assets?

NOVT revenue forecast

What is NOVT's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$986.1M+11.84%
Avg 2 year Forecast
$1.1B+23.28%
NOVT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NOVT revenue growth forecast

How is NOVT forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
11.84%
Industry
3.01%
Market
13.23%
NOVT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NOVT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NOVT vs Scientific & Technical Instrument Stocks

TickerPricePrice TargetUp/downsideConsensus
NOVT$157.81N/AN/A
BMI$183.14$177.50-3.08%Hold
ST$34.42$38.57+12.06%Hold
VNT$40.31$45.83+13.70%Strong Buy
CGNX$39.53$49.40+24.97%Strong Buy

Novanta Stock Forecast FAQ

What is NOVT's revenue growth forecast for 2024-2025?

(NASDAQ: NOVT) Novanta's forecast annual revenue growth rate of 11.84% is forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 3.01%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.23%.

Novanta's revenue in 2024 is $881,662,000.On average, 1 Wall Street analysts forecast NOVT's revenue for 2024 to be $35,345,417,805, with the lowest NOVT revenue forecast at $35,345,417,805, and the highest NOVT revenue forecast at $35,345,417,805.

In 2025, NOVT is forecast to generate $38,961,508,012 in revenue, with the lowest revenue forecast at $38,961,508,012 and the highest revenue forecast at $38,961,508,012.

If you're new to stock investing, here's how to buy Novanta stock.

What is NOVT's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: NOVT) forecast ROA is N/A, which is lower than the forecast US Scientific & Technical Instruments industry average of 1.05%.

What is NOVT's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: NOVT) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.