The latest price target for Novanta (NASDAQ:NOVT) was reported by Baird on November 6, 2024. The analyst firm set a price target for $169.00 expecting NOVT to fall to within 12 months (a possible -2.56% downside). 2 analyst firms have reported ratings in the last year.

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

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.

There is no last downgrade for Novanta.

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 November 6, 2024 so you should expect the next rating to be made available sometime around November 6, 2025.

While ratings are subjective and will change, the latest Novanta (NOVT) rating was a maintained with a price target of $175.00 to $169.00. The current price Novanta (NOVT) is trading at is $173.43, which is out of the analyst’s predicted range.