Novanta Inc has a consensus price target of $160 based on the ratings of 2 analysts. The high is $160 issued by Baird on March 3, 2025. The low is $160 issued by Baird on March 3, 2025. The 3 most-recent analyst ratings were released by Baird on March 3, 2025, November 6, 2024, and August 7, 2024, respectively. With an average price target of $168 between Baird, there's an implied 25.12% upside for Novanta Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/03/2025 | Buy Now | 19.16% | Baird | Robert Mason65% | $169 → $160 | Maintains | Neutral | Get Alert |
11/06/2024 | Buy Now | 25.87% | Baird | Robert Mason65% | $175 → $169 | Maintains | Neutral | Get Alert |
08/07/2024 | Buy Now | 30.33% | Baird | Robert Mason65% | $170 → $175 | Maintains | Neutral | Get Alert |
05/11/2023 | Buy Now | 19.91% | Baird | Robert Mason65% | $150 → $161 | Maintains | Neutral | Get Alert |
05/11/2022 | Buy Now | — | William Blair | Brian Drab63% | — | Upgrade | Market Perform → Outperform | Get Alert |
The latest price target for Novanta (NASDAQ:NOVT) was reported by Baird on March 3, 2025. The analyst firm set a price target for $160.00 expecting NOVT to rise to within 12 months (a possible 19.16% upside). 3 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 March 3, 2025 so you should expect the next rating to be made available sometime around March 3, 2026.
While ratings are subjective and will change, the latest Novanta (NOVT) rating was a maintained with a price target of $169.00 to $160.00. The current price Novanta (NOVT) is trading at is $134.27, which is out of the analyst’s predicted range.
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