Novanta
(NASDAQ:NOVT)
$164.66
0[0.00%]
Last update: 4:00PM Get Real Time Here
Consensus Rating1
Outperform
Highest Price Target1
$161.00
Lowest Price Target1
$161.00
Consensus Price Target1
$80.50

Novanta Stock (NASDAQ:NOVT), Analyst Ratings, Price Targets, Predictions

Novanta Inc has a consensus price target of $80.5, established from looking at the 2 latest analyst ratings. The last 2 analyst ratings were released from Baird and William Blair on May 11, 2023 and May 11, 2022. With an average price target of $80.5 between Baird and William Blair, there's an implied -51.11% downside for Novanta Inc from these 2 analyst ratings.

Analyst Rating
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Baird
William Blair

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Novanta

Buy NowGet Alert
05/11/2023Buy Now-2.22%Baird
Robert Mason
$150 → $161MaintainsNeutralGet Alert
05/11/2022Buy NowWilliam Blair
Brian Drab
UpgradeMarket Perform → OutperformGet Alert

FAQ

Q

What is the target price for Novanta (NOVT)?

A

The latest price target for Novanta (NASDAQ: NOVT) was reported by Baird on May 11, 2023. The analyst firm set a price target for $161.00 expecting NOVT to fall to within 12 months (a possible -2.22% downside). 0 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Novanta (NOVT)?

A

The latest analyst rating for Novanta (NASDAQ: NOVT) was provided by Baird, and Novanta maintained their neutral rating.

Q

When was the last upgrade for Novanta (NOVT)?

A

The last upgrade for Novanta Inc happened on May 11, 2022 when William Blair raised their price target to N/A. William Blair previously had a market perform for Novanta Inc.

Q

When was the last downgrade for Novanta (NOVT)?

A

There is no last downgrade for Novanta.

Q

When is the next analyst rating going to be posted or updated for Novanta (NOVT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Novanta, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Novanta was filed on May 11, 2023 so you should expect the next rating to be made available sometime around May 11, 2024.

Q

Is the Analyst Rating Novanta (NOVT) correct?

A

While ratings are subjective and will change, the latest Novanta (NOVT) rating was a maintained with a price target of $150.00 to $161.00. The current price Novanta (NOVT) is trading at is $164.66, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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