Novanta (NOVT) Competitors $159.70 0.00 (0.00%) Closing price 05/22/2026 04:00 PM EasternExtended Trading$158.42 -1.28 (-0.80%) As of 05/22/2026 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. Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock NOVT vs. ADI, CSQ, LFUS, NDSN, and AVNTShould you buy Novanta stock or one of its competitors? MarketBeat compares Novanta with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Novanta include Analog Devices (ADI), Calamos Strategic Total Return Fund (CSQ), Littelfuse (LFUS), Nordson (NDSN), and Avient (AVNT). NOVT vs. ADINOVT vs. CSQNOVT vs. LFUSNOVT vs. NDSNNOVT vs. AVNTHow does Novanta compare to Analog Devices?Novanta (NASDAQ:NOVT) and Analog Devices (NASDAQ:ADI) are both computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, media sentiment, valuation, dividends, risk, institutional ownership, analyst recommendations and profitability. Do analysts prefer NOVT or ADI? Novanta currently has a consensus price target of $173.00, suggesting a potential upside of 8.33%. Analog Devices has a consensus price target of $429.85, suggesting a potential upside of 8.26%. Given Novanta's higher possible upside, analysts plainly believe Novanta is more favorable than Analog Devices.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Novanta 0 Sell rating(s) 2 Hold rating(s) 1 Buy rating(s) 0 Strong Buy rating(s) 2.33Analog Devices 0 Sell rating(s) 3 Hold rating(s) 26 Buy rating(s) 2 Strong Buy rating(s) 2.97 Do institutionals & insiders hold more shares of NOVT or ADI? 98.4% of Novanta shares are held by institutional investors. Comparatively, 86.8% of Analog Devices shares are held by institutional investors. 1.2% of Novanta shares are held by insiders. Comparatively, 0.4% of Analog Devices shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term. Does the media refer more to NOVT or ADI? In the previous week, Analog Devices had 88 more articles in the media than Novanta. MarketBeat recorded 93 mentions for Analog Devices and 5 mentions for Novanta. Novanta's average media sentiment score of 1.33 beat Analog Devices' score of 0.89 indicating that Novanta is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Novanta 5 Very Positive mention(s) 0 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Analog Devices 50 Very Positive mention(s) 16 Positive mention(s) 20 Neutral mention(s) 2 Negative mention(s) 0 Very Negative mention(s) Positive Which has higher valuation & earnings, NOVT or ADI? Analog Devices has higher revenue and earnings than Novanta. Analog Devices is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioNovanta$980.60M5.80$53.83M$1.38115.72Analog Devices$11.02B17.55$2.27B$6.7359.00 Which has more risk and volatility, NOVT or ADI? Novanta has a beta of 1.62, meaning that its stock price is 62% more volatile than the broader market. Comparatively, Analog Devices has a beta of 1.19, meaning that its stock price is 19% more volatile than the broader market. Is NOVT or ADI more profitable? Analog Devices has a net margin of 26.01% compared to Novanta's net margin of 5.35%. Analog Devices' return on equity of 14.37% beat Novanta's return on equity.Company Net Margins Return on Equity Return on Assets Novanta5.35% 12.06% 7.70% Analog Devices 26.01%14.37%10.13% SummaryAnalog Devices beats Novanta on 11 of the 17 factors compared between the two stocks.How does Novanta compare to Calamos Strategic Total Return Fund?Novanta (NASDAQ:NOVT) and Calamos Strategic Total Return Fund (NASDAQ:CSQ) are related companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, earnings, dividends, risk, valuation and media sentiment. Does the media prefer NOVT or CSQ? In the previous week, Novanta had 3 more articles in the media than Calamos Strategic Total Return Fund. MarketBeat recorded 5 mentions for Novanta and 2 mentions for Calamos Strategic Total Return Fund. Novanta's average media sentiment score of 1.33 beat Calamos Strategic Total Return Fund's score of 0.00 indicating that Novanta is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Novanta 5 Very Positive mention(s) 0 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Calamos Strategic Total Return Fund 0 Very Positive mention(s) 0 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Neutral Do insiders & institutionals hold more shares of NOVT or CSQ? 98.4% of Novanta shares are owned by institutional investors. 1.2% of Novanta shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth. Which has stronger earnings & valuation, NOVT or CSQ? Novanta has higher revenue and earnings than Calamos Strategic Total Return Fund. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioNovanta$980.60M5.80$53.83M$1.38115.72Calamos Strategic Total Return Fund$723.74MN/AN/AN/AN/A Do analysts recommend NOVT or CSQ? Novanta currently has a consensus target price of $173.00, suggesting a potential upside of 8.33%. Given Novanta's stronger consensus rating and higher probable upside, equities research analysts plainly believe Novanta is more favorable than Calamos Strategic Total Return Fund.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Novanta 0 Sell rating(s) 2 Hold rating(s) 1 Buy rating(s) 0 Strong Buy rating(s) 2.33Calamos Strategic Total Return Fund 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00 Is NOVT or CSQ more profitable? Novanta has a net margin of 5.35% compared to Calamos Strategic Total Return Fund's net margin of 0.00%. Novanta's return on equity of 12.06% beat Calamos Strategic Total Return Fund's return on equity.Company Net Margins Return on Equity Return on Assets Novanta5.35% 12.06% 7.70% Calamos Strategic Total Return Fund N/A N/A N/A SummaryNovanta beats Calamos Strategic Total Return Fund on 11 of the 11 factors compared between the two stocks.How does Novanta compare to Littelfuse?Littelfuse (NASDAQ:LFUS) and Novanta (NASDAQ:NOVT) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their media sentiment, risk, institutional ownership, analyst recommendations, dividends, valuation, earnings and profitability. Does the media refer more to LFUS or NOVT? In the previous week, Littelfuse had 3 more articles in the media than Novanta. MarketBeat recorded 8 mentions for Littelfuse and 5 mentions for Novanta. Novanta's average media sentiment score of 1.33 beat Littelfuse's score of 0.74 indicating that Novanta is being referred to more favorably in the news media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Littelfuse 5 Very Positive mention(s) 1 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Novanta 5 Very Positive mention(s) 0 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Which has preferable earnings and valuation, LFUS or NOVT? Novanta has lower revenue, but higher earnings than Littelfuse. Littelfuse is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioLittelfuse$2.49B4.68-$71.70M-$1.69N/ANovanta$980.60M5.80$53.83M$1.38115.72 Which has more risk and volatility, LFUS or NOVT? Littelfuse has a beta of 1.46, indicating that its stock price is 46% more volatile than the broader market. Comparatively, Novanta has a beta of 1.62, indicating that its stock price is 62% more volatile than the broader market. Do institutionals and insiders believe in LFUS or NOVT? 96.1% of Littelfuse shares are held by institutional investors. Comparatively, 98.4% of Novanta shares are held by institutional investors. 1.0% of Littelfuse shares are held by company insiders. Comparatively, 1.2% of Novanta shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth. Is LFUS or NOVT more profitable? Novanta has a net margin of 5.35% compared to Littelfuse's net margin of -1.61%. Novanta's return on equity of 12.06% beat Littelfuse's return on equity.Company Net Margins Return on Equity Return on Assets Littelfuse-1.61% 11.62% 7.39% Novanta 5.35%12.06%7.70% Do analysts recommend LFUS or NOVT? Littelfuse currently has a consensus price target of $436.67, suggesting a potential downside of 5.17%. Novanta has a consensus price target of $173.00, suggesting a potential upside of 8.33%. Given Novanta's higher possible upside, analysts plainly believe Novanta is more favorable than Littelfuse.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Littelfuse 1 Sell rating(s) 0 Hold rating(s) 3 Buy rating(s) 2 Strong Buy rating(s) 3.00Novanta 0 Sell rating(s) 2 Hold rating(s) 1 Buy rating(s) 0 Strong Buy rating(s) 2.33 SummaryNovanta beats Littelfuse on 12 of the 17 factors compared between the two stocks.How does Novanta compare to Nordson?Nordson (NASDAQ:NDSN) and Novanta (NASDAQ:NOVT) are related companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, dividends, media sentiment, risk, institutional ownership, valuation, earnings and analyst recommendations. Do institutionals and insiders hold more shares of NDSN or NOVT? 72.1% of Nordson shares are owned by institutional investors. Comparatively, 98.4% of Novanta shares are owned by institutional investors. 0.8% of Nordson shares are owned by company insiders. Comparatively, 1.2% of Novanta shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth. Is NDSN or NOVT more profitable? Nordson has a net margin of 18.19% compared to Novanta's net margin of 5.35%. Nordson's return on equity of 20.08% beat Novanta's return on equity.Company Net Margins Return on Equity Return on Assets Nordson18.19% 20.08% 10.39% Novanta 5.35%12.06%7.70% Which has more volatility & risk, NDSN or NOVT? Nordson has a beta of 0.99, meaning that its stock price is 1% less volatile than the broader market. Comparatively, Novanta has a beta of 1.62, meaning that its stock price is 62% more volatile than the broader market. Does the media favor NDSN or NOVT? In the previous week, Nordson had 20 more articles in the media than Novanta. MarketBeat recorded 25 mentions for Nordson and 5 mentions for Novanta. Novanta's average media sentiment score of 1.33 beat Nordson's score of 0.61 indicating that Novanta is being referred to more favorably in the news media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Nordson 5 Very Positive mention(s) 5 Positive mention(s) 10 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Novanta 5 Very Positive mention(s) 0 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Which has preferable earnings & valuation, NDSN or NOVT? Nordson has higher revenue and earnings than Novanta. Nordson is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioNordson$2.79B5.79$484.47M$9.3830.91Novanta$980.60M5.80$53.83M$1.38115.72 Do analysts recommend NDSN or NOVT? Nordson presently has a consensus price target of $308.43, suggesting a potential upside of 6.39%. Novanta has a consensus price target of $173.00, suggesting a potential upside of 8.33%. Given Novanta's higher probable upside, analysts plainly believe Novanta is more favorable than Nordson.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Nordson 0 Sell rating(s) 4 Hold rating(s) 5 Buy rating(s) 0 Strong Buy rating(s) 2.56Novanta 0 Sell rating(s) 2 Hold rating(s) 1 Buy rating(s) 0 Strong Buy rating(s) 2.33 SummaryNordson beats Novanta on 9 of the 16 factors compared between the two stocks.How does Novanta compare to Avient?Novanta (NASDAQ:NOVT) and Avient (NYSE:AVNT) are related mid-cap companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, earnings, dividends, institutional ownership, media sentiment, valuation, profitability and analyst recommendations. Do analysts rate NOVT or AVNT? Novanta currently has a consensus price target of $173.00, suggesting a potential upside of 8.33%. Avient has a consensus price target of $46.40, suggesting a potential upside of 35.27%. Given Avient's higher probable upside, analysts plainly believe Avient is more favorable than Novanta.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Novanta 0 Sell rating(s) 2 Hold rating(s) 1 Buy rating(s) 0 Strong Buy rating(s) 2.33Avient 0 Sell rating(s) 4 Hold rating(s) 2 Buy rating(s) 0 Strong Buy rating(s) 2.33 Does the media favor NOVT or AVNT? In the previous week, Novanta had 5 more articles in the media than Avient. MarketBeat recorded 5 mentions for Novanta and 0 mentions for Avient. Novanta's average media sentiment score of 1.33 beat Avient's score of 1.00 indicating that Novanta is being referred to more favorably in the media. Company Overall Sentiment Novanta Positive Avient Positive Which has more volatility & risk, NOVT or AVNT? Novanta has a beta of 1.62, indicating that its share price is 62% more volatile than the broader market. Comparatively, Avient has a beta of 1.31, indicating that its share price is 31% more volatile than the broader market. Which has preferable valuation and earnings, NOVT or AVNT? Avient has higher revenue and earnings than Novanta. Avient is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioNovanta$980.60M5.80$53.83M$1.38115.72Avient$3.26B0.96$81.90M$1.7219.94 Is NOVT or AVNT more profitable? Novanta has a net margin of 5.35% compared to Avient's net margin of 4.81%. Novanta's return on equity of 12.06% beat Avient's return on equity.Company Net Margins Return on Equity Return on Assets Novanta5.35% 12.06% 7.70% Avient 4.81%11.11%4.40% Do insiders and institutionals hold more shares of NOVT or AVNT? 98.4% of Novanta shares are held by institutional investors. Comparatively, 95.5% of Avient shares are held by institutional investors. 1.2% of Novanta shares are held by insiders. Comparatively, 0.9% of Avient shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth. SummaryNovanta beats Avient on 10 of the 15 factors compared between the two stocks. Get Novanta News Delivered to You Automatically Sign up to receive the latest news and ratings for NOVT and its competitors with MarketBeat's FREE daily newsletter. Subscribe Now View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.Skip Chart NOVT vs. The Competition ExportMetricNovantaELEC IndustryComputer SectorNASDAQ ExchangeMarket Cap$5.69B$7.60B$39.13B$12.32BDividend YieldN/A1.64%3.21%5.28%P/E Ratio115.7349.35170.5025.66Price / Sales5.804.07630.9298.40Price / Cash31.2531.9148.7256.67Price / Book4.343.5510.537.14Net Income$53.83M$188.40M$1.07B$335.98M7 Day Performance5.57%7.47%3.48%3.56%1 Month Performance19.09%7.36%6.23%2.54%1 Year Performance32.94%84.21%169.76%35.05% Novanta Competitors List ExportCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)NOVTNovanta2.4002 of 5 stars$159.70flat$173.00+8.3%+32.9%$5.69B$980.60M115.733,000Positive NewsGap DownADIAnalog Devices4.5897 of 5 stars$418.58+0.3%$381.27-8.9%+88.7%$203.82B$11.02B76.5224,500Earnings ReportDividend AnnouncementAnalyst UpgradeCSQCalamos Strategic Total Return FundN/A$19.95-1.0%N/A+20.3%$0.00$723.74MN/AN/ANews CoverageLFUSLittelfuse4.0629 of 5 stars$436.00-2.3%$436.67+0.2%+124.2%$11.28B$2.39BN/A17,000Gap DownNDSNNordson4.027 of 5 stars$276.76+0.7%$311.50+12.6%+49.9%$15.33B$2.79B29.898,000Earnings ReportAnalyst Forecast Related Companies and Tools Related Companies Analog Devices Competitors Calamos Strategic Total Return Fund Competitors Littelfuse Competitors Nordson Competitors Avient Competitors Brunswick Competitors Sensata Technologies Competitors Timken Competitors Forgent Power Solutions Competitors Regal Rexnord Competitors Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (NASDAQ:NOVT) was last updated on 5/25/2026 by MarketBeat.com Staff. 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