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Ranked #2559 by analyst upside · 2026-08-14
NOVT
Novanta Inc.
Technology · Market Cap $6B · P/E 105.2x
ANALYST PRICE TARGET
+16.3%
implied upside to consensus target
Current Price $167.25
Consensus Target $194.5
Bull Target $195.0
Bear Target $194.0
Analysts Covering 2
ANALYST CONSENSUS - STRONG BUY
Strong Buy
1
Buy
1
Hold
0
Sell
0
52-Week Low $98.27
52-Week High $176.38
YTD Return +50.5%
FUNDAMENTALS
Market Cap $6B
P/E Ratio (TTM) 105.2x
Forward P/E 38.3x
EPS (TTM) $1.59
PEG Ratio N/A
Dividend Yield N/A
Revenue (TTM) $1.0B
Profit Margin 6.0%
52-WEEK RANGE
52-Week Low $98.27
52-Week High $176.38
Current Price $167.25
Bear Target $194.0
Bull Target $195.0
● Now $167.25 ● Target $194.5
TRADING DATA
Avg Volume 517K
YTD Return +50.5%
Analyst Count 2
Consensus Strong Buy
Upside to Target +16.3%
Last Updated 2026-08-14

ANALYST SUMMARY

Novanta Inc. (NOVT) is currently trading at $167.25 with a Wall Street consensus price target of $194.5, implying potential upside of 16.3% over the next 12 months. 2 analysts currently cover NOVT, with a consensus rating of Strong Buy - 100% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $195.0, while the most cautious has a target of $194.0.

NOVT operates in the Technology sector with a market capitalisation of $6B. The stock is up 50.5% year-to-date and is currently trading near the upper end of its 52-week range of $98.27 – $176.38.

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RECENT ANALYST CALLS

Upgrade/downgrade history for NOVT, with each firm's 90-day track record across all stocks we track. See full firm rankings →

Baird - Reiterated
Outperform → Outperform 2026-05-13 Building track record
Baird ↑ Upgrade
Neutral → Outperform 2026-03-30 Building track record
Baird - Reiterated
Neutral → Neutral 2025-08-11 Building track record
Baird - Reiterated
Neutral → Neutral 2025-03-03 Building track record
Baird - Reiterated
Neutral → Neutral 2024-11-06 Building track record
Baird - Reiterated
Neutral → Neutral 2024-08-07 Building track record
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
65
out of 100
Coverage depth
8/30
Consensus clarity
30/30
Vote unanimity
25/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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