Novanta Inc.
NOVT
NASDAQ·Technology·Hardware, Equipment & Parts·Mkt cap $5.1B
$147.24
▲ +1.88%
P/E
93.19
Mkt Cap
$5.1B
52-Wk Range
$98.27–$176.38
52-Week Range
$98.27 - $176.38
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 28.4% 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).
- Premium valuation to Life Sciences Tools peers
Growth
Moderate growth ahead
Rising demand for minimally invasive surgical procedures and advanced medical imaging technologies
Value
Premium valuation to Life Sciences Tools peers
Momentum
Weak
-13.4% over 3m
Quality
Strong
Solid business
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: Nov 2, 2026
AUG 5, 2026
Reported EPS of $0.89 vs $0.83 consensus (+7.2% surprise). Revenue of $265.8M vs $262.3M expected (+1.3%). Beat on both top and bottom lines.
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+7.2%
Revenue trend · last 8Q
—
+13%
+1%
+2%
+1%
+9%
+10%
+10%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$244.4M
$238.1M
$233.4M
$241.0M
$247.8M
$258.3M
$257.7M
$265.8M
Margins · last 8Q
Gross
45.5%
Operating
6.8%
Profit
4.7%
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
vs Industry
How NOVT stacks vs Hardware, Equipment & Parts
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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