Novanta (NOVT) Stock Forecast, Price Target & Predictions
NOVT Stock Forecast
Novanta stock forecast is as follows: an average price target of $175.00 (represents a 0.48% upside from NOVT’s last price of $174.17) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
NOVT Price Target
NOVT Analyst Ratings
Novanta Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 07, 2024 | Robert Mason | Robert W. Baird | $175.00 | $174.36 | 0.37% | 0.48% |
Novanta Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 1 |
Avg Price Target | - | $175.00 | $175.00 |
Last Closing Price | $174.17 | $174.17 | $174.17 |
Upside/Downside | -100.00% | 0.48% | 0.48% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
May 11, 2022 | William Blair | - | Outperform | Upgrade |
Novanta Financial Forecast
Novanta Revenue Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | $211.57M | $221.50M | $229.46M | $219.13M | $218.37M | $222.96M | $215.36M | $204.22M | $198.96M | $177.73M | $167.52M | $162.58M | $147.50M | $142.93M | $144.73M | $155.47M | $159.70M | $154.07M | $155.15M | $157.19M | $146.97M | $108.97M | $90.32M | $94.61M | $79.13M | $83.11M |
Avg Forecast | $263.99M | $242.33M | $233.63M | $227.85M | $210.70M | $223.18M | $225.50M | $211.22M | $215.57M | $215.37M | $210.47M | $195.96M | $192.26M | $173.27M | $164.32M | $156.28M | $147.05M | $141.37M | $138.12M | $142.61M | $157.08M | $155.04M | $154.49M | $156.20M | $125.11M | $84.39M | $90.30M | $75.68M | $50.85M | $244.07M |
High Forecast | $263.99M | $242.33M | $233.63M | $227.85M | $210.70M | $223.18M | $225.50M | $211.22M | $215.57M | $215.37M | $210.47M | $195.96M | $192.26M | $173.27M | $164.32M | $156.28M | $147.05M | $141.37M | $138.12M | $142.61M | $157.08M | $155.04M | $154.49M | $156.20M | $150.13M | $101.26M | $108.36M | $90.82M | $61.02M | $292.89M |
Low Forecast | $263.99M | $242.33M | $233.63M | $227.85M | $210.70M | $223.18M | $225.50M | $211.22M | $215.57M | $215.37M | $210.47M | $195.96M | $192.26M | $173.27M | $164.32M | $156.28M | $147.05M | $141.37M | $138.12M | $142.61M | $157.08M | $155.04M | $154.49M | $156.20M | $100.09M | $67.51M | $72.24M | $60.54M | $40.68M | $195.26M |
# Analysts | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 5 | 9 | 11 | 13 | 11 | 13 | 14 |
Surprise % | - | - | - | - | 1.00% | 0.99% | 1.02% | 1.04% | 1.01% | 1.04% | 1.02% | 1.04% | 1.03% | 1.03% | 1.02% | 1.04% | 1.00% | 1.01% | 1.05% | 1.09% | 1.02% | 0.99% | 1.00% | 1.01% | 1.17% | 1.29% | 1.00% | 1.25% | 1.56% | 0.34% |
Novanta EBITDA Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 5 | 9 | 11 | 13 | 11 | 13 | 14 |
EBITDA | - | - | - | - | $21.68M | $30.31M | $32.20M | $43.07M | $44.71M | $42.97M | $42.26M | $35.00M | $31.62M | $24.42M | $24.32M | $19.21M | $24.71M | $19.61M | $21.13M | $21.24M | $19.88M | $20.83M | $21.94M | $21.40M | $22.56M | $41.85M | $7.46M | $10.01M | $6.75M | $7.71M |
Avg Forecast | $50.95M | $46.77M | $45.09M | $32.20M | $40.67M | $43.08M | $43.53M | $29.27M | $21.46M | $41.57M | $40.62M | $26.61M | $37.11M | $33.44M | $31.72M | $10.84M | $28.38M | $27.29M | $26.66M | $9.49M | $30.32M | $29.93M | $29.82M | $19.17M | $18.62M | $29.64M | $7.43M | $7.47M | $3.29M | $12.16M |
High Forecast | $50.95M | $46.77M | $45.09M | $38.64M | $40.67M | $43.08M | $43.53M | $35.13M | $25.76M | $41.57M | $40.62M | $31.93M | $37.11M | $33.44M | $31.72M | $13.01M | $28.38M | $27.29M | $26.66M | $11.39M | $30.32M | $29.93M | $29.82M | $23.00M | $22.34M | $35.57M | $8.91M | $8.97M | $3.95M | $14.59M |
Low Forecast | $50.95M | $46.77M | $45.09M | $25.76M | $40.67M | $43.08M | $43.53M | $23.42M | $17.17M | $41.57M | $40.62M | $21.29M | $37.11M | $33.44M | $31.72M | $8.67M | $28.38M | $27.29M | $26.66M | $7.59M | $30.32M | $29.93M | $29.82M | $15.33M | $14.89M | $23.71M | $5.94M | $5.98M | $2.63M | $9.73M |
Surprise % | - | - | - | - | 0.53% | 0.70% | 0.74% | 1.47% | 2.08% | 1.03% | 1.04% | 1.32% | 0.85% | 0.73% | 0.77% | 1.77% | 0.87% | 0.72% | 0.79% | 2.24% | 0.66% | 0.70% | 0.74% | 1.12% | 1.21% | 1.41% | 1.00% | 1.34% | 2.05% | 0.63% |
Novanta Net Income Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 5 | 9 | 11 | 13 | 11 | 13 | 14 |
Net Income | - | - | - | - | $12.51M | $21.22M | $20.88M | $18.27M | $15.26M | $22.49M | $17.48M | $18.82M | $13.75M | $13.60M | $11.66M | $11.31M | $12.66M | $8.26M | $11.66M | $11.95M | $9.22M | $8.92M | $10.38M | $12.25M | $11.91M | $34.25M | $1.91M | $3.45M | $983.00K | $2.08M |
Avg Forecast | $35.13M | $30.80M | $25.02M | $19.16M | $22.57M | $26.77M | $26.35M | $17.42M | $9.95M | $26.80M | $25.99M | $15.83M | $23.19M | $21.56M | $18.32M | $6.38M | $15.88M | $14.20M | $8.42M | $5.34M | $19.37M | $18.65M | $19.49M | $10.98M | $9.82M | $24.26M | $1.90M | $2.55M | $488.89K | $3.20M |
High Forecast | $35.13M | $30.80M | $25.03M | $22.99M | $22.57M | $26.77M | $26.35M | $20.90M | $11.94M | $26.80M | $25.99M | $19.00M | $23.19M | $21.56M | $18.32M | $7.66M | $15.88M | $14.20M | $8.42M | $6.41M | $19.37M | $18.65M | $19.49M | $13.17M | $11.78M | $29.11M | $2.28M | $3.06M | $586.67K | $3.84M |
Low Forecast | $35.13M | $30.80M | $25.02M | $15.33M | $22.57M | $26.76M | $26.35M | $13.93M | $7.96M | $26.80M | $25.99M | $12.67M | $23.19M | $21.56M | $18.32M | $5.10M | $15.88M | $14.20M | $8.42M | $4.27M | $19.37M | $18.65M | $19.49M | $8.78M | $7.85M | $19.41M | $1.52M | $2.04M | $391.11K | $2.56M |
Surprise % | - | - | - | - | 0.55% | 0.79% | 0.79% | 1.05% | 1.53% | 0.84% | 0.67% | 1.19% | 0.59% | 0.63% | 0.64% | 1.77% | 0.80% | 0.58% | 1.38% | 2.24% | 0.48% | 0.48% | 0.53% | 1.12% | 1.21% | 1.41% | 1.00% | 1.35% | 2.01% | 0.65% |
Novanta SG&A Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 5 | 9 | 11 | 13 | 11 | 13 | 14 |
SG&A | - | - | - | - | $41.70M | $39.65M | $42.19M | $40.92M | $38.71M | $40.30M | $40.54M | $39.35M | $34.97M | $31.30M | $31.24M | $31.65M | $27.40M | $26.79M | $24.91M | $30.75M | $29.43M | $27.93M | $29.20M | $31.85M | $29.22M | $23.00M | $21.19M | $22.07M | $19.62M | $20.24M |
Avg Forecast | $49.05M | $45.02M | $43.41M | $40.06M | $39.15M | $41.46M | $41.90M | $36.42M | $36.22M | $40.01M | $39.10M | $33.11M | $35.72M | $32.19M | $30.53M | $17.86M | $27.32M | $26.26M | $25.66M | $16.03M | $29.18M | $28.81M | $28.70M | $33.95M | $27.14M | $18.31M | $26.20M | $19.80M | $10.85M | $35.64M |
High Forecast | $49.05M | $45.02M | $43.41M | $48.07M | $39.15M | $41.46M | $41.90M | $43.70M | $43.46M | $40.01M | $39.10M | $39.73M | $35.72M | $32.19M | $30.53M | $21.43M | $27.32M | $26.26M | $25.66M | $19.23M | $29.18M | $28.81M | $28.70M | $40.74M | $32.57M | $21.97M | $31.44M | $23.76M | $13.02M | $42.77M |
Low Forecast | $49.05M | $45.02M | $43.41M | $32.05M | $39.15M | $41.46M | $41.90M | $29.13M | $28.97M | $40.01M | $39.10M | $26.48M | $35.72M | $32.19M | $30.53M | $14.28M | $27.32M | $26.26M | $25.66M | $12.82M | $29.18M | $28.81M | $28.70M | $27.16M | $21.71M | $14.65M | $20.96M | $15.84M | $8.68M | $28.51M |
Surprise % | - | - | - | - | 1.07% | 0.96% | 1.01% | 1.12% | 1.07% | 1.01% | 1.04% | 1.19% | 0.98% | 0.97% | 1.02% | 1.77% | 1.00% | 1.02% | 0.97% | 1.92% | 1.01% | 0.97% | 1.02% | 0.94% | 1.08% | 1.26% | 0.81% | 1.11% | 1.81% | 0.57% |
Novanta EPS Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 5 | 9 | 11 | 13 | 11 | 13 | 14 |
EPS | - | - | - | - | $0.35 | $0.59 | $0.58 | $0.51 | $0.43 | $0.63 | $0.49 | $0.53 | $0.39 | $0.38 | $0.33 | $0.32 | $0.36 | $0.23 | $0.33 | $0.34 | $0.26 | $0.25 | $0.30 | $0.35 | $0.34 | $0.99 | $0.05 | $0.10 | $0.03 | $0.06 |
Avg Forecast | $0.97 | $0.85 | $0.69 | $0.58 | $0.63 | $0.74 | $0.73 | $0.64 | $0.72 | $0.74 | $0.72 | $0.63 | $0.64 | $0.60 | $0.51 | $0.39 | $0.44 | $0.39 | $0.23 | $0.32 | $0.54 | $0.52 | $0.54 | $0.48 | $0.33 | $0.17 | $0.18 | $0.12 | $0.04 | $0.20 |
High Forecast | $0.97 | $0.85 | $0.69 | $0.58 | $0.63 | $0.74 | $0.73 | $0.64 | $0.72 | $0.74 | $0.72 | $0.63 | $0.64 | $0.60 | $0.51 | $0.39 | $0.44 | $0.39 | $0.23 | $0.32 | $0.54 | $0.52 | $0.54 | $0.48 | $0.40 | $0.20 | $0.22 | $0.14 | $0.05 | $0.24 |
Low Forecast | $0.97 | $0.85 | $0.69 | $0.58 | $0.63 | $0.74 | $0.73 | $0.64 | $0.72 | $0.74 | $0.72 | $0.63 | $0.64 | $0.60 | $0.51 | $0.39 | $0.44 | $0.39 | $0.23 | $0.32 | $0.54 | $0.52 | $0.54 | $0.48 | $0.26 | $0.14 | $0.14 | $0.10 | $0.04 | $0.16 |
Surprise % | - | - | - | - | 0.56% | 0.80% | 0.79% | 0.79% | 0.60% | 0.85% | 0.68% | 0.84% | 0.61% | 0.64% | 0.65% | 0.83% | 0.82% | 0.58% | 1.41% | 1.05% | 0.48% | 0.48% | 0.56% | 0.72% | 1.03% | 5.82% | 0.28% | 0.83% | 0.75% | 0.30% |
Novanta Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
ST | Sensata Technologies | $33.64 | $51.25 | 52.35% | Buy |
FTV | Fortive | $71.16 | $86.63 | 21.74% | Buy |
VPG | Vishay Precision Group | $23.61 | $27.00 | 14.36% | - |
ESE | ESCO | $128.21 | $145.00 | 13.10% | Buy |
MLAB | Mesa Laboratories | $118.45 | $120.00 | 1.31% | Buy |
BMI | Badger Meter | $202.85 | $204.60 | 0.86% | Hold |
NOVT | Novanta | $174.17 | $175.00 | 0.48% | Buy |
VNT | Vontier | $37.08 | $32.67 | -11.89% | Buy |
ITRI | Itron | $114.97 | $89.91 | -21.80% | Buy |
NOVT Forecast FAQ
Is Novanta a good buy?
Yes, according to 1 Wall Street analysts, Novanta (NOVT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of NOVT's total ratings.
What is NOVT's price target?
Novanta (NOVT) average price target is $175 with a range of $175 to $175, implying a 0.48% from its last price of $174.17. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Novanta stock go up soon?
According to Wall Street analysts' prediction for NOVT stock, the company can go up by 0.48% (from the last price of $174.17 to the average price target of $175), up by 0.48% based on the highest stock price target, and up by 0.48% based on the lowest stock price target.
Can Novanta stock reach $300?
NOVT's average twelve months analyst stock price target of $175 does not support the claim that Novanta can reach $300 in the near future.
What are Novanta's analysts' financial forecasts?
NOVT's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $967.79M (high $967.79M, low $967.79M), average EBITDA is $175.02M (high $181.46M, low $168.58M), average net income is $110.11M (high $113.95M, low $106.27M), average SG&A $177.53M (high $185.54M, low $169.52M), and average EPS is $3.1 (high $3.1, low $3.1).
Did the NOVT's actual financial results beat the analysts' financial forecasts?
Based on Novanta's last annual report (Dec 2023), the company's revenue was $881.66M, beating the average analysts forecast of $870.6M by 1.27%. Apple's EBITDA was $110.5M, missing the average prediction of $156.55M by -29.42%. The company's net income was $72.88M, missing the average estimation of $93.1M by -21.72%. Apple's SG&A was $164.46M, beating the average forecast of $158.92M by 3.48%. Lastly, the company's EPS was $2.02, missing the average prediction of $2.74 by -26.29%. In terms of the last quarterly report (Dec 2023), Novanta's revenue was $211.57M, beating the average analysts' forecast of $210.7M by 0.41%. The company's EBITDA was $21.68M, missing the average prediction of $40.67M by -46.70%. Novanta's net income was $12.51M, missing the average estimation of $22.57M by -44.56%. The company's SG&A was $41.7M, beating the average forecast of $39.15M by 6.53%. Lastly, the company's EPS was $0.35, missing the average prediction of $0.625 by -44.03%