NOVANTA INC (NOVT) Forecast, Price Target & Analyst Ratings

NASDAQ:NOVT • CA67000B1040

127.26 USD
-3.96 (-3.02%)
At close: Mar 9, 2026
127.26 USD
0 (0%)
After Hours: 3/9/2026, 4:16:33 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NOVANTA INC (NOVT).

Forecast Snapshot

Consensus Price Target

Price Target
$158.61
+ 24.63% Upside

Next Earnings Forecast

Earnings Estimate
Release DateMay 4, 2026
PeriodQ1 / 2026
EPS Estimate$0.79
Revenue Estimate258.58M

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$158.61
Upside
+ 24.63%
From current price of $127.26 to mean target of $158.61, Based on 10 analyst forecasts
Low
$139.38
Median
$161.67
High
$178.50

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

10 analysts have analysed NOVT and the average price target is 158.61 USD. This implies a price increase of 24.63% is expected in the next year compared to the current price of 127.26.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NOVT Current Analyst RatingNOVT Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

NOVT Historical Analyst RatingsNOVT Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
NOVT was analyzed by 10 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about NOVT.
In the previous month the buy percentage consensus was at a similar level.
NOVT was analyzed by 10 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-08-11BairdMaintains Neutral -> Neutral
2025-03-03BairdMaintains Neutral -> Neutral
2024-11-06BairdMaintains Neutral -> Neutral
2024-08-07BairdMaintains Neutral -> Neutral
2023-05-11BairdMaintains Neutral -> Neutral
2022-05-11William BlairUpgrade Market Perform -> Outperform

Next Earnings Forecast Details

Next Earnings Details

Release DateMay 4, 2026
PeriodQ1 / 2026
EPS Estimate$0.79
Revenue Estimate258.58M
Revenue Q2Q10.80%
EPS Q2Q7.05%
Number of Analysts5

Next Earnings Revisions

Revenue (1 Month)
-60.99%
Revenue (3 Months)
-60.99%
EPS (1 Month)
-8.09%
EPS (3 Months)
-8.09%

Next Earnings Summary

NOVT is expected to report earnings on 5/4/2026. The consensus EPS estimate for the next earnings is 0.79 USD and the consensus revenue estimate is 258.58M USD.
The next earnings revenue estimate has been revised downward by 60.99% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027
Revenue
YoY % growth
NOVT revenue by date.NOVT revenue by date.
881.662M
2.41%
949.245M
7.67%
980.6M
3.30%
1.066B
8.71%
1.135B
6.47%
EBITDA
YoY % growth
NOVT ebitda by date.NOVT ebitda by date.
169.922M
5.74%
179.856M
5.85%
178.596M
-0.70%
253.91M
42.17%
279M
9.88%
EBIT
YoY % growth
NOVT ebit by date.NOVT ebit by date.
123.31M
14.71%
124.293M
0.80%
116.664M
-6.14%
202.6M
73.66%
226.24M
11.67%
Operating Margin
NOVT operating margin by date.NOVT operating margin by date.
13.99%13.09%11.90%19.01%19.93%
EPS
YoY % growth
NOVT eps by date.NOVT eps by date.
3.02
-1.63%
3.08
1.99%
3.28
6.49%
3.63
10.81%
4.15
14.22%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth
0.79
7.05%
0.88
15.42%
0.95
9.62%
0.96
5.36%
Revenue
Q2Q % growth
258.58M
10.80%
262.22M
8.80%
270.5M
9.14%
273.46M
5.87%
EBITDA
Q2Q % growth
58.257M
33.83%
63.505M
12.15%
62.628M
-14.65%
63.342M
-31.61%
EBIT
Q2Q % growth
42.15M
40.66%
47.781M
73.86%
52.836M
85.23%
53.55M
74.49%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

NOVT Yearly Revenue VS EstimatesNOVT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
NOVT Yearly EPS VS EstimatesNOVT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NOVANTA INC / NOVT Forecast FAQ

Can you provide the average price target for NOVANTA INC stock?

10 analysts have analysed NOVT and the average price target is 158.61 USD. This implies a price increase of 24.63% is expected in the next year compared to the current price of 127.26.


When does NOVANTA INC (NOVT) report earnings?

NOVANTA INC (NOVT) will report earnings on 2026-05-04.


Can you provide the consensus estimates for NOVANTA INC next earnings?

The consensus EPS estimate for the next earnings of NOVANTA INC (NOVT) is 0.79 USD and the consensus revenue estimate is 258.58M USD.


What is the number of analysts for NOVT stock?

The number of analysts covering NOVANTA INC (NOVT) is 10.