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Novanta Inc.
NOVT
NASDAQ·Technology·Hardware, Equipment & Parts·Mkt cap $5.8B
$161.72
▼ -1.21%
View full research view
Our plain-language verdict, the thesis, risk factors, and what is changing about the business.
View research view52-Week Range
$98.27 - $171.85
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 23.2% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Diversified portfolio of 15+ specialized brands with deep expertise in photonics, vision, and motion control technologies
- Strong OEM relationships and embedded positions in mission-critical medical and industrial applications
- Vertical integration capabilities enabling custom solutions and high barriers to entry for competitors
- Recurring revenue streams from disposables, consumables, and integrated sub-systems across all three segments
Bear Case
2 risks
- Above-average volatility (beta 1.7).
- Significant premium - growth priced in
Growth
Stable outlook
Rising demand for minimally invasive surgical procedures and advanced medical imaging technologies
Value
Significant premium - growth priced in
Momentum
Hot
+39.9% over 3m
Quality
Strong
Strong fundamentals
Dividend
None
No dividend
Smart-money signal
Who's buying NOVT right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Latest print - beat on both lines
AI-summarized recap of last quarter, plus the surprise on every print.
Next: May 4, 2026
MAY 11, 2026
Reported EPS of $0.81 vs $0.78 consensus (+3.9% surprise). Revenue of $257.7M vs $253.4M expected (+1.7%). Beat on both top and bottom lines.
EPS surprise · last 4Q
1 of 1 beats
Q2 26
+3.9%
Next: May 4, 2026
Revenue trend · last 8Q
—
—
+13%
+1%
+2%
+1%
+9%
+10%
Q2 24
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
$235.9M
$244.4M
$238.1M
$233.4M
$241.0M
$247.8M
$258.3M
$257.7M
Margins · last 8Q
Gross
—
Operating
—
Profit
8.2%
Wall Street consensus
1 analyst · 100% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
100%
Hold
0%
Sell
0%
Median Price Target
—
Latest: Baird · May 13, 2026