Novanta Inc
NASDAQ:NOVT

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Novanta Inc
NASDAQ:NOVT
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Price: 155.56 USD 1.13% Market Closed
Market Cap: 5.6B USD
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Wall Street
Price Targets

NOVT Price Targets Summary
Novanta Inc

Wall Street analysts forecast NOVT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NOVT is 181.56 USD with a low forecast of 170.69 USD and a high forecast of 196.35 USD.

Lowest
Price Target
170.69 USD
10% Upside
Average
Price Target
181.56 USD
17% Upside
Highest
Price Target
196.35 USD
26% Upside

NOVT Last Price Targets
Novanta Inc

The latest public price target was made on Aug 7, 2024 by Robert Mason from Robert W. Baird , who expects NOVT stock to rise by 12% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Robert Mason
Robert W. Baird
175 USD
Upside 12%
4 months ago
Aug 7, 2024
Novanta price target raised to $175 from $170 at Baird
TheFly
Robert Mason
Robert W. Baird
Price Target 175 USD
Upside/Downside 12%
View Source
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Revenue
Forecast

Revenue Estimate
Novanta Inc

For the last 8 years the compound annual growth rate for Novanta Inc's revenue is 11%. The projected CAGR for the next 3 years is 9%.

11%
Past Growth
9%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Novanta Inc

For the last 8 years the compound annual growth rate for Novanta Inc's operating income is 16%. The projected CAGR for the next 3 years is 23%.

16%
Past Growth
23%
Estimated Growth
Estimates Accuracy
-28%
Average Miss

Net Income
Forecast

Net Income Estimate
Novanta Inc

For the last 8 years the compound annual growth rate for Novanta Inc's net income is 9%. The projected CAGR for the next 3 years is 31%.

9%
Past Growth
31%
Estimated Growth
Estimates Accuracy
-35%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is NOVT's stock price target?
Price Target
181.56 USD

According to Wall Street analysts, the average 1-year price target for NOVT is 181.56 USD with a low forecast of 170.69 USD and a high forecast of 196.35 USD.

What is Novanta Inc's Revenue forecast?
Projected CAGR
9%

For the last 8 years the compound annual growth rate for Novanta Inc's revenue is 11%. The projected CAGR for the next 3 years is 9%.

What is Novanta Inc's Operating Income forecast?
Projected CAGR
23%

For the last 8 years the compound annual growth rate for Novanta Inc's operating income is 16%. The projected CAGR for the next 3 years is 23%.

What is Novanta Inc's Net Income forecast?
Projected CAGR
31%

For the last 8 years the compound annual growth rate for Novanta Inc's net income is 9%. The projected CAGR for the next 3 years is 31%.

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