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NASDAQ:NOVT

Novanta (NOVT) Stock Price, News & Analysis

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$138.31 +2.03 (+1.49%)
Closing price 05/8/2026 04:00 PM Eastern
Extended Trading
$140.24 +1.93 (+1.39%)
As of 05/8/2026 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Novanta Stock (NASDAQ:NOVT)

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Key Stats

Today's Range
$134.92
$139.38
50-Day Range
$113.09
$140.73
52-Week Range
$98.27
$149.95
Volume
466,478 shs
Average Volume
361,415 shs
Market Capitalization
$4.93 billion
P/E Ratio
94.73
Dividend Yield
N/A
Price Target
$144.00
Consensus Rating
Hold

Company Overview

Novanta Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
30th Percentile Overall Score

NOVT MarketRank™: 

Novanta scored higher than 30% of companies evaluated by MarketBeat, and ranked 522nd out of 621 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Novanta has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Novanta is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Novanta has only been the subject of 2 research reports in the past 90 days.

  • Read more about Novanta's stock forecast and price target.
  • Earnings Growth

    Earnings for Novanta are expected to grow by 14.97% in the coming year, from $3.54 to $4.07 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Novanta is 94.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.24.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Novanta is 94.73, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 165.85.

  • Price to Book Value per Share Ratio

    Novanta has a P/B Ratio of 3.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Novanta's valuation and earnings.
  • Percentage of Shares Shorted

    11.44% of the float of Novanta has been sold short.
  • Short Interest Ratio / Days to Cover

    Novanta has a short interest ratio ("days to cover") of 13.9, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Novanta has recently increased by 2.15%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Novanta does not currently pay a dividend.

  • Dividend Growth

    Novanta does not have a long track record of dividend growth.

  • News Sentiment

    Novanta has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Novanta this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    2 people have added Novanta to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Novanta insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,296,276.00 in company stock.

  • Percentage Held by Insiders

    1.20% of the stock of Novanta is held by insiders.

  • Percentage Held by Institutions

    98.35% of the stock of Novanta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Novanta's insider trading history.
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NOVT Stock News Headlines

SpaceX eyes a 1.75 trillion valuation - here's what to know
Elon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a $1.75 trillion IPO - larger than Saudi Aramco and any tech offering in history. CNBC calls it 'the big market event of 2026.' According to former tech executive and angel investor Jeff Brown, there's a way to claim a stake before the public filing drops, starting with as little as $500.tc pixel
Baird upgrades Novanta (NOVT)
See More Headlines

NOVT Stock Analysis - Frequently Asked Questions

Novanta's stock was trading at $118.99 at the beginning of the year. Since then, NOVT stock has increased by 16.2% and is now trading at $138.31.

Novanta Inc. (NASDAQ:NOVT) issued its quarterly earnings results on Monday, February, 23rd. The technology company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.03. The technology company had revenue of $258.35 million for the quarter, compared to the consensus estimate of $260.72 million. Novanta had a trailing twelve-month return on equity of 13.12% and a net margin of 5.49%.
Read the conference call transcript
.

Novanta's Board of Directors authorized a share buyback program on Thursday, September 18th 2025, which permits the company to repurchase $200,000,000 in shares, according to EventVestor. This means that the company could purchase up to 4.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its shares are undervalued.

Novanta's top institutional shareholders include Allspring Global Investments Holdings LLC (4.99%), Conestoga Capital Advisors LLC (4.06%), Wasatch Advisors LP (2.79%) and Dimensional Fund Advisors LP (1.77%). Insiders that own company stock include Robert Buckley, Matthijs Glastra and Thomas N Secor.
View institutional ownership trends
.

Shares of NOVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Novanta investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
2/23/2026
Today
5/10/2026
Next Earnings (Confirmed)
5/11/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
ELEC - MISC COMPONENTS
Sub-Industry
Electrical Equipment
Current Symbol
NASDAQ:NOVT
Previous Symbol
NASDAQ:GSIG
CIK
1076930
Employees
3,000
Year Founded
1968

Price Target and Rating

High Price Target
$144.00
Low Price Target
$144.00
Potential Upside/Downside
+4.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.46
Trailing P/E Ratio
94.73
Forward P/E Ratio
39.07
P/E Growth
N/A
Net Income
$53.83 million
Net Margins
5.49%
Pretax Margin
7.10%
Return on Equity
13.12%
Return on Assets
7.79%

Debt

Debt-to-Equity Ratio
0.16
Current Ratio
3.69
Quick Ratio
2.80

Sales & Book Value

Annual Sales
$980.60 million
Price / Sales
5.02
Cash Flow
$5.11 per share
Price / Cash Flow
27.06
Book Value
$36.74 per share
Price / Book
3.76

Miscellaneous

Outstanding Shares
35,610,000
Free Float
35,184,000
Market Cap
$4.93 billion
Optionable
Optionable
Beta
1.62

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This page (NASDAQ:NOVT) was last updated on 5/10/2026 by MarketBeat.com Staff.
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