Novanta Inc. (NOVT) Social Stream
NOVANTA INC (NOVT) Price Targets From Analysts
Use the tables below to see what analysts covering NOVANTA INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-03-01 | 2 | $120 | $120 | $120 | $153.88 | -22.02% |
| 2023-05-11 | 2 | $161 | $161 | $161 | $153.88 | 4.63% |
| 2023-11-20 | 2 | $150 | $150 | $150 | $153.88 | -2.52% |
| NA | 1 | $NA | $NA | $NA | $153.88 | NA% |
The Trend in the Analyst Price Target
NOVT's average price target has moved up $22.33 over the prior 28 months.
NOVT reports an average of 1.45% for its upside potential over the past 28 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-05-11 | 2 | 161 | 161 | 161 | 164.32 | -2.02% |
| 2023-11-20 | 2 | 150 | 150 | 150 | 142.98 | 4.91% |
NOVT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 1 | 0 | 1 | 0 | 0 | 2 |
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- NOVT has a greater number of analysts covering the stock than 11.32% of all US stocks.
- NOVT has a lower variance in analysts' estimates than almost 100% of all US stocks.
- NOVT has a greater average analyst price target than 281.27% of stocks in the mid market cap category.
- NOVT has a greater upside potential (average analyst target price relative to current price) than 42.13% of Electrical Equipment stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Electrical Equipment industry with the ratings most similar to NOVANTA INC are STEM, NRGV, and BE.
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