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

Analyst price target for NOVT

Based on 1 analyst offering 12 month price targets for Novanta Inc

Min Forecast
$144.00+2.87%
Avg Forecast
$144.00+2.87%
Max Forecast
$144.00+2.87%

Should I buy or sell NOVT stock?

Based on 1 analyst offering ratings for Novanta Inc.

Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although NOVT's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates NOVT as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

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NOVT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-03-30

1 of 1

Forecast return on equity

Is NOVT forecast to generate an efficient return?

Company
11.21%
Industry
19.74%
Market
137.55%
NOVT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NOVT forecast to generate an efficient return on assets?

Company
8.17%
Industry
11.73%
NOVT is forecast to generate... subscribe to Premium to read more.
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 5 analysts?

Avg 1 year Forecast
$3.63+159.61%
Avg 2 year Forecast
$4.13+194.83%
NOVT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

NOVT revenue forecast

What is NOVT's revenue in the next 2 years based on estimates from 5 analysts?

Avg 1 year Forecast
$1.1B+5.98%
Avg 2 year Forecast
$1.1B+12.94%
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
159.61%
Industry
93.34%
Market
1,314.61%
NOVT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NOVT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NOVT's earnings are forecast to... subscribe to Premium to read more.
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
5.98%
Industry
9.63%
Market
131.78%
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$139.98$144.00+2.87%Buy
VNT$29.97$44.14+47.29%Buy
ITRI$81.71$126.67+55.02%Strong Buy
BMI$116.67$156.71+34.32%Buy
ST$45.29$44.44-1.87%Buy

Novanta Stock Forecast FAQ

Is Novanta Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: NOVT) stock is to Buy NOVT stock.

Out of 1 analyst, 0 (0%) are recommending NOVT as a Strong Buy, 1 (100%) are recommending NOVT as a Buy, 0 (0%) are recommending NOVT as a Hold, 0 (0%) are recommending NOVT as a Sell, and 0 (0%) are recommending NOVT as a Strong Sell.

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

What is NOVT's earnings growth forecast for 2026-2027?

(NASDAQ: NOVT) Novanta's forecast annual earnings growth rate of 159.61% is forecast to beat the US Scientific & Technical Instruments industry's average forecast earnings growth rate of 93.34%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 1,314.61%.

Novanta's earnings in 2026 is $53,720,000.On average, 5 Wall Street analysts forecast NOVT's earnings for 2026 to be $129,434,859, with the lowest NOVT earnings forecast at $122,148,673, and the highest NOVT earnings forecast at $134,986,748.

In 2027, NOVT is forecast to generate $146,991,505 in earnings, with the lowest earnings forecast at $139,598,483 and the highest earnings forecast at $153,309,049.

What is NOVT's revenue growth forecast for 2026-2027?

(NASDAQ: NOVT) Novanta's forecast annual revenue growth rate of 5.98% is not forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 9.63%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 131.78%.

Novanta's revenue in 2026 is $1,004,941,000.On average, 5 Wall Street analysts forecast NOVT's revenue for 2026 to be $37,926,628,770, with the lowest NOVT revenue forecast at $36,359,707,018, and the highest NOVT revenue forecast at $39,208,655,658.

In 2027, NOVT is forecast to generate $40,419,458,830 in revenue, with the lowest revenue forecast at $38,745,701,504 and the highest revenue forecast at $41,737,097,576.

What is NOVT's forecast return on assets (ROA) for 2026-2027?

(NASDAQ: NOVT) forecast ROA is 8.17%, which is lower than the forecast US Scientific & Technical Instruments industry average of 11.73%.

What is NOVT's Price Target?

According to 1 Wall Street analyst that have issued a 1 year NOVT price target, the average NOVT price target is $144.00, with the highest NOVT stock price forecast at $144.00 and the lowest NOVT stock price forecast at $144.00.

The Wall Street analyst predicted that Novanta's share price could reach $144.00 by Mar 30, 2027. The average Novanta stock price prediction forecasts a potential upside of 2.87% from the current NOVT share price of $139.98.

What is NOVT's Earnings Per Share (EPS) forecast for 2026-2027?

(NASDAQ: NOVT) Novanta's current Earnings Per Share (EPS) is $1.40. On average, analysts forecast that NOVT's EPS will be $3.63 for 2026, with the lowest EPS forecast at $3.43, and the highest EPS forecast at $3.79. In 2027, NOVT's EPS is forecast to hit $4.13 (min: $3.92, max: $4.31).

What is NOVT's forecast return on equity (ROE) for 2026-2027?

(NASDAQ: NOVT) forecast ROE is 11.21%, which is considered weak.
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