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Novanta

NOVTNASDAQ
Logo brought to you by Benzinga Data
$170.80
-0.32-0.19%
Last update: 3:19 PM
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$175.00
Lowest Price Target1
$175.00
Consensus Price Target1
$175.00

Novanta (NASDAQ:NOVT) Stock, Analyst Ratings, Price Targets, Forecasts

Novanta Inc has a consensus price target of $175 based on the ratings of 2 analysts. The high is $175 issued by Baird on August 7, 2024. The low is $175 issued by Baird on August 7, 2024. The 2 most-recent analyst ratings were released by Baird on August 7, 2024 and May 11, 2023, respectively. With an average price target of $168 between Baird, there's an implied -1.45% downside for Novanta Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Baird

1calculated from analyst ratings

Analyst Ratings for Novanta

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FAQ

Q

What is the target price for Novanta (NOVT) stock?

A

The latest price target for Novanta (NASDAQ:NOVT) was reported by Baird on August 7, 2024. The analyst firm set a price target for $175.00 expecting NOVT to rise to within 12 months (a possible 2.46% upside). 1 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Novanta (NOVT)?

A

The latest analyst rating for Novanta (NASDAQ:NOVT) was provided by Baird, and Novanta maintained their neutral rating.

Q

When was the last upgrade for Novanta (NOVT)?

A

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.

Q

When was the last downgrade for Novanta (NOVT)?

A

There is no last downgrade for Novanta.

Q

When is the next analyst rating going to be posted or updated for Novanta (NOVT)?

A

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 August 7, 2024 so you should expect the next rating to be made available sometime around August 7, 2025.

Q

Is the Analyst Rating Novanta (NOVT) correct?

A

While ratings are subjective and will change, the latest Novanta (NOVT) rating was a maintained with a price target of $170.00 to $175.00. The current price Novanta (NOVT) is trading at is $170.80, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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