Novanta Inc. (NOVT) Social Stream



Novanta Inc. (NOVT): $164.46

2.10 (+1.29%)

POWR Rating

Component Grades

Momentum

C

Stability

B

Sentiment

Quality

C

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.

Make investment decisions regarding NOVT using the data that counts. Try POWR Ratings for free.


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