Novanta (NOVT) Projected to Announce Earnings on Monday

Key Points

• Novanta is expected to report Q3 2026 results after market close on Monday, November 9. Analysts project EPS of $0.967 and revenue of $301.02 million, compared with company guidance of $0.950–$1.000 EPS.
• The company’s previous quarter exceeded expectations, with EPS of $0.89 versus an $0.83 consensus estimate and revenue of $265.81 million, up 10.3% year over year.
• Analysts maintain a consensus “Hold” rating and a $194 price target. Novanta shares recently traded at $145.76, with a market capitalization of approximately $5.51 billion.

Novanta (NASDAQ:NOVT - Get Free Report) will likely be announcing its Q3 2026 results after the market closes on Monday, November 9th. Analysts expect Novanta to post earnings of $0.9670 per share and revenue of $301.02 million for the quarter. Novanta has set its FY 2026 guidance at 3.680-3.740 EPS and its Q3 2026 guidance at 0.950-1.000 EPS. Interested persons can find conference call details on the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, November 10, 2026 at 8:00 AM ET.

Novanta (NASDAQ:NOVT - Get Free Report) last released its earnings results on Wednesday, August 5th. The technology company reported $0.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.06. Novanta had a return on equity of 10.83% and a net margin of 6.00%. The business had revenue of $265.81 million during the quarter, compared to the consensus estimate of $262.30 million. During the same period last year, the business posted $0.76 earnings per share. The business's revenue for the quarter was up 10.3% on a year-over-year basis. On average, analysts expect Novanta to post $3.70 EPS for the current fiscal year and $4.33 EPS for the next fiscal year.

Novanta Stock Performance

NASDAQ:NOVT opened at $145.76 on Monday. Novanta has a 1 year low of $98.27 and a 1 year high of $176.38. The company has a market cap of $5.51 billion, a price-to-earnings ratio of 93.44 and a beta of 1.71. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.57 and a quick ratio of 3.79. The stock's 50 day simple moving average is $142.32 and its two-hundred day simple moving average is $142.34.

Analysts Set New Price Targets

Several equities analysts have recently commented on NOVT shares. Robert W. Baird set a $194.00 price target on shares of Novanta in a report on Friday, August 7th. Weiss Ratings restated a "hold (c-)" rating on shares of Novanta in a research note on Tuesday, October 13th. Wall Street Zen lowered Novanta from a "buy" rating to a "hold" rating in a research note on Saturday, October 24th. Finally, Zacks Research cut shares of Novanta from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 6th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $194.00.

Novanta Company Profile

Novanta Inc is a technology company that develops and manufactures precision equipment and components used primarily in medical and advanced industrial applications. Its solutions are designed to support the movement, imaging, measurement and processing functions of complex equipment.

The company's products include photonics and laser components, precision motion-control systems, medical imaging and visualization technologies, and equipment used in minimally invasive and robotic surgery.

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