Novanta Inc. (NOVT) Social Stream
NOVANTA INC (NOVT) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering NOVANTA INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-03-01 | 2 | $120 | $120 | $120 | $165.6 | -27.54% |
| 2023-05-11 | 2 | $161 | $161 | $161 | $165.6 | -2.78% |
| NA | 1 | $NA | $NA | $NA | $165.6 | NA% |
Price Target Last Issued NA NA, NA
The Trend in the Analyst Price Target
NOVT's average price target has moved up $43 over the prior 28 months.
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| 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% |
NOVT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 1 | 0 | 1 | 0 | 0 | 2 |
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for NOVT as an investment opportunity.
- To contextualize these metrics, consider that out of all US stocks, NOVANTA INC's number of analysts covering the stock is higher than 9.66% of them.
- NOVT has a lower variance in analysts' estimates than just about 100% of all US stocks.
- In the context of Electrical Equipment stocks, NOVANTA INC's upside potential (average analyst target price relative to current price) is greater than 8.29% of them.
- NOVT has a higher average analyst price target than 185.95% of stocks in the mid market cap category.
Stocks similar to NOVANTA INC in the Electrical Equipment industry regarding analyst recommendations and price targets are FCEL, STEM, and GWH.
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