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

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Forecast return on equity

Is NOVT forecast to generate an efficient return?
Company
21.11%
Industry
16.46%
Market
33.29%
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Forecast High Return on Equity Forecast

Forecast return on assets

Is NOVT forecast to generate an efficient return on assets?
Company
10.2%
Industry
9.7%
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Forecast Return on Assets vs Industry Forecast

NOVT earnings per share forecast

What is NOVT's earnings per share in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$3.26+68.91%
Avg 2 year Forecast
$4.01+107.77%
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Forecast High Earnings Growth Forecast

NOVT revenue forecast

What is NOVT's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$982.2M+9.94%
Avg 2 year Forecast
$1.1B+21.85%
NOVT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NOVT earnings growth forecast

How is NOVT forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
68.91%
Industry
14.33%
Market
33.88%
NOVT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

NOVT revenue growth forecast

How is NOVT forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
9.94%
Industry
3.02%
Market
13.37%
NOVT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
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Forecast Revenue Growth vs Market Forecast

NOVT vs Scientific & Technical Instrument Stocks

TickerPricePrice TargetUp/downsideConsensus
NOVT$171.82N/AN/A
ST$40.70$45.00+10.57%Hold
VNT$39.60$47.00+18.69%Strong Buy
BMI$192.99$177.50-8.03%Hold
ITRI$104.59$112.56+7.62%Buy

Novanta Stock Forecast FAQ

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

(NASDAQ: NOVT) Novanta's forecast annual earnings growth rate of 68.91% is forecast to beat the US Scientific & Technical Instruments industry's average forecast earnings growth rate of 14.33%, and it is also forecast to beat the US market's average forecast earnings growth rate of 33.88%.

Novanta's earnings in 2024 is $69,289,000.On average, 1 Wall Street analyst forecast NOVT's earnings for 2024 to be $117,014,134, with the lowest NOVT earnings forecast at $117,014,134, and the highest NOVT earnings forecast at $117,014,134.

In 2025, NOVT is forecast to generate $143,934,563 in earnings, with the lowest earnings forecast at $143,934,563 and the highest earnings forecast at $143,934,563.

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

(NASDAQ: NOVT) Novanta's forecast annual revenue growth rate of 9.94% is forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 3.02%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.37%.

Novanta's revenue in 2024 is $893,452,000.On average, 1 Wall Street analysts forecast NOVT's revenue for 2024 to be $35,255,712,351, with the lowest NOVT revenue forecast at $35,255,712,351, and the highest NOVT revenue forecast at $35,255,712,351.

In 2025, NOVT is forecast to generate $39,075,900,767 in revenue, with the lowest revenue forecast at $39,075,900,767 and the highest revenue forecast at $39,075,900,767.

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

(NASDAQ: NOVT) forecast ROA is 10.2%, which is higher than the forecast US Scientific & Technical Instruments industry average of 9.7%.

What is NOVT's Earnings Per Share (EPS) forecast for 2024-2025?

(NASDAQ: NOVT) Novanta's current Earnings Per Share (EPS) is $1.93. On average, analysts forecast that NOVT's EPS will be $3.26 for 2024, with the lowest EPS forecast at $3.26, and the highest EPS forecast at $3.26. In 2025, NOVT's EPS is forecast to hit $4.01 (min: $4.01, max: $4.01).

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

(NASDAQ: NOVT) forecast ROE is 21.11%, which is considered strong.
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