Novanta Inc. (NOVT)

NASDAQ: NOVT · Real-Time Price · USD
118.99
-1.88 (-1.56%)
Dec 31, 2025, 4:00 PM EST - Market closed
-1.56%
Market Cap4.26B
Revenue (ttm)960.31M
Net Income (ttm)52.82M
Shares Out 35.78M
EPS (ttm)1.46
PE Ratio81.49
Forward PE33.52
Dividendn/a
Ex-Dividend Daten/a
Volume682,331
Open120.57
Previous Close120.87
Day's Range118.21 - 120.57
52-Week Range98.27 - 155.39
Beta1.59
AnalystsHold
Price Target133.00 (+11.77%)
Earnings DateNov 3, 2025

About NOVT

Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. It operates in two segments, Automation Enabling Technologies and Medical Solutions. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam delivery components, laser beam delivery solutions, CO2 lasers, solid state lasers, ultrafast lasers, optical and inductive encoders, precision... [Read more]

Sector Technology
Founded 1968
Employees 3,000
Stock Exchange NASDAQ
Ticker Symbol NOVT
Full Company Profile

Financial Performance

In 2024, Novanta's revenue was $949.25 million, an increase of 7.67% compared to the previous year's $881.66 million. Earnings were $64.09 million, a decrease of -12.06%.

Financial Statements

Analyst Summary

According to one analyst, the rating for NOVT stock is "Hold" and the 12-month stock price target is $133.0.

Price Target
$133.0
(11.77% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Novanta to Present at the CJS Securities 26th Annual New Ideas for the New Year Investor Conference on Wednesday, January 14, 2026

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Chuck Ravetto, Chief...

14 days ago - Business Wire

Novanta to Present at the J.P. Morgan 44th Annual Healthcare Conference on Wednesday, January 14, 2026

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Ch...

17 days ago - Business Wire

5 Tech And Consumer Stocks At Risk Of Steep Declines

As the market grows increasingly top-heavy, the risks for fundamentally weaker and average-strength companies are increasing. The number of stocks losing momentum over the past year has mounted as meg...

Other symbols: POWISFMSNPSVERX
7 weeks ago - Seeking Alpha

Novanta Inc. Announces Pricing of $550,000,000 Tangible Equity Units Offering

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) ("Novanta" or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that it has ...

7 weeks ago - Business Wire

Novanta Inc. Announces Offering of Tangible Equity Units

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) ("Novanta" or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that it has ...

2 months ago - Business Wire

Novanta Inc. (NOVT) Q3 2025 Earnings Call Transcript

Novanta Inc. ( NOVT) Q3 2025 Earnings Call November 4, 2025 8:30 AM EST Company Participants Ray Nash - Corporate Finance Leader & IR Matthijs Glastra - CEO & Chairman of the Board Robert Buckley - C...

2 months ago - Seeking Alpha

Novanta Announces Financial Results for the Third Quarter 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial res...

2 months ago - Business Wire

Novanta to Present at Jefferies Global Healthcare Conference on Tuesday, November 18, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Ch...

2 months ago - Business Wire

Novanta Hosts ISO event for Humanoid Robot Safety Standards

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT), a trusted technology partner to medical and advanced industrial OEMs, announced that it will host an International Organization for Standardizatio...

2 months ago - Business Wire

Novanta to Present at the Baird 2025 Global Industrial Conference on Tuesday, November 11, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Ch...

2 months ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, November 4, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its third quarter 2025 resul...

3 months ago - Business Wire

Novanta's Board of Directors Authorizes Additional $200 Million for Share Repurchase Program

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that its Board of Directo...

3 months ago - Business Wire

Novanta to Present at Baird 2025 Global Healthcare Conference on Tuesday, September 9, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Ch...

5 months ago - Business Wire

Novanta Inc. (NOVT) Q2 2025 Earnings Call Transcript

Novanta Inc. (NASDAQ:NOVT) Q2 2025 Earnings Conference Call August 5, 2025 10:00 AM ET Company Participants Matthijs Glastra - CEO & Chairman of the Board Ray Nash - Corporate Participant Corporate F...

5 months ago - Seeking Alpha

Novanta Announces Financial Results for the Second Quarter 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial res...

5 months ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, August 5, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its second quarter 2025 resu...

6 months ago - Business Wire

Novanta to Present at the CJS Securities 25th Annual New Ideas Summer Conference on Thursday, July 10, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckley, Chie...

7 months ago - Business Wire

Novanta to Present at Baird 2025 Global Consumer, Technology & Services Conference on Wednesday, June 4, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckley, Chie...

8 months ago - Business Wire

Novanta to Present at the William Blair 45th Annual Growth Stock Conference on Tuesday, June 3, 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Ch...

8 months ago - Business Wire

Novanta Inc. (NOVT) Q1 2025 Earnings Call Transcript

Novanta Inc. (NASDAQ:NOVT) Q1 2025 Results Conference Call May 6, 2025 10:00 AM ET Company Participants Ray Nash - Investor Relations Matthijs Glastra - Chair & Chief Executive Officer Robert Buckley...

8 months ago - Seeking Alpha

Novanta Announces Financial Results for the First Quarter 2025

BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial res...

8 months ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, May 6, 2025

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its first quarter 20...

9 months ago - Business Wire

Novanta Inc. (NOVT) Q4 2024 Earnings Call Transcript

Novanta Inc. (NOVT) Q4 2024 Earnings Call Transcript

11 months ago - Seeking Alpha

Novanta Announces Financial Results for the Fourth Quarter and Full Year 2024

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported finan...

11 months ago - Business Wire

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, February 25, 2025

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its fourth quarter a...

1 year ago - Business Wire