Novanta (NOVT) Stock Forecast & Price Target

NOVT Forecast - Frequently Asked Questions

What is Novanta's forecast for 2024?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Novanta is $175.00, with a high forecast of $175.00 and a low forecast of $175.00.

Should I buy or sell Novanta stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Novanta in the last twelve months. There is currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NOVT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOVT, but not buy additional shares or sell existing shares.

Does Novanta's stock price have much upside?

According to analysts, Novanta's stock has a predicted upside of 2.80% based on their 12-month stock forecasts.

What analysts cover Novanta?

Novanta has been rated by research analysts at Robert W. Baird in the past 90 days.

Do Wall Street analysts like Novanta more than its competitors?

Analysts like Novanta less than other "computer and technology" companies. The consensus rating for Novanta is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how NOVT compares to other companies.