Novanta Inc. (NOVT)
NASDAQ: NOVTTechnologyScientific & Technical InstrumentsUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
NOVT stock chart
Technical analysisKey statistics
All statistics- Market cap
- $5.43B
- P/E (TTM)
- 94.50
- Forward P/E
- 32.89
- EPS (TTM)
- $1.52
- Dividend yield
- None
- 52-week range
- 98.27 – 176.38
- Day range
- 141.95 – 147.59
- Volume / Avg
- 263.54K / 391.48K
- Beta
- —
- Shares outstanding
- 37.82M
- Next earnings
- Nov 2, 2026
52-week range
NOVT stock today
Shares of Novanta (NOVT) finished lower on Oct 7 at $143.64, a drop of 3.66% or $5.46 per share, versus the S&P 500's 0.22% decline. Shares are 18.6% below their 52-week high of $176.38, set on Aug 6, 2026 and 46.2% above the 52-week low of $98.27, in the middle of the past year's range. NOVT is up 20.7% year to date, outperforming the S&P 500 (+14.0%). Over the past 12 months, the stock has gained 42.3%.
At 94.5x trailing earnings, Novanta trades in line with the peer-group median of 95.4x. Its forward P/E of 32.9x is lower than the trailing multiple, which means analysts expect earnings to rise over the next year. Novanta's next earnings report is expected on Nov 2, 2026.
Summary generated from market data by MetaCap's automated system. Methodology
About Novanta
Company profileNovanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. The company operates Automation Enabling Technologies and Medical Solutions segments. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam steering and scanning solutions, laser sources, robotic and precision motion, robotic end-of-arm tooling, and bearing spindles.
- Sector
- Technology
- Industry
- Scientific & Technical Instruments
- CEO
- Mr. Matthijs Glastra
- Headquarters
- Bedford, MA
- Employees
- 3,000
- Website
- novanta.com
Financial highlights
Full financialsIn fiscal 2025, Novanta generated $980.6 million in revenue, up 3.3% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $53.8 million (-16.0% year over year), for a net margin of 5.5% versus a median of 7.5% in the prior 5 years. Gross margin was 44.4% (flat year over year) and operating margin 9.6%.
| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $980.60M | $949.25M | $881.66M | $860.90M | $706.79M |
| Growth | +3.30% | +7.67% | +2.41% | +21.80% | +19.67% |
| Net income | $53.83M | $64.09M | $72.88M | $74.05M | $50.33M |
| EPS (diluted) | $1.47 | $1.77 | $2.02 | $2.06 | $1.41 |
Analyst forecast
ForecastConsensus (3 analysts)
strong_buy
Avg. price target
$194.50+35.41%
- Strong buy 1
- Buy 2
- Hold 0
- Sell 0
- Strong sell 0
Target range
Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.
Earnings
Earnings history- Next report
- Nov 2, 2026
- EPS estimate
- $0.97
- Last reported (Q2 2026)
- Aug 5, 2026
- EPS actual vs est.
- $0.30 vs —
Novanta peers
Technology sector| Company | Price | % Chg | Market cap | Compare |
|---|---|---|---|---|
| ITRNIturan Location and Control Ltd. | 52.20 | +0.06% | $1.04B | vs NOVT |
| VPGVishay Precision Group Inc. | 75.34 | -3.30% | $1.00B | vs NOVT |
| MLABMesa Laboratories Inc. | 129.96 | -4.48% | $727.24M | vs NOVT |
| NOVTUNovanta Inc. Tangible Equity Units | 60.99 | -3.22% | — | vs NOVT |
| FTVFortive Corporation | 56.52 | -2.37% | $17.07B | vs NOVT |
Indexes, lists and sector
Appears in lists
Largest Technology stocks
Novanta stock FAQ
What is Novanta's stock price today?
NOVT last traded at $143.64 as of Oct 7, 4:00 PM EDT, down 3.66% on the day. Prices are delayed at least 15 minutes.
Does Novanta pay a dividend?
No. Novanta does not currently pay a regular cash dividend.
When is Novanta's next earnings date?
Novanta is expected to report earnings on Monday, November 2, 2026. Analysts expect EPS of $0.97.
What is NOVT's P/E ratio?
NOVT trades at a trailing P/E ratio of 94.50 and a forward P/E of 32.89, compared with a median of 95.4 for its closest peers.
Who is Novanta's CEO?
Mr. Matthijs Glastra is the chief executive officer of Novanta Inc., which has about 3,000 employees.
Has NOVT ever split its stock?
Yes. The most recent NOVT stock split was a 1-for-3 split on Dec 29, 2010.
What is the NOVT 52-week high?
The 52-week high for NOVT is $176.38 and the 52-week low is $98.27. The stock is currently 18.6% below its high.