NOVT Overview

Novanta Inc. is a supplier of core technology solutions, which offer medical and advanced industrial original equipment manufacturers. Its segment includes Automation Enabling Technologies and Medical Solutions. The Automation Enabling Technologies segment designs, manufactures and markets laser beam delivery components, laser beam delivery solutions, CO2 lasers, solid state lasers, ultrafast lasers, optical and inductive encoders, precision motors, integrated stepper motors, servo drives, motion control solutions, intelligent robotic end-of-arm technology solutions, and air bearing spindles to customers worldwide. The Medical Solutions segment designs, manufactures and markets a range of medical grade technologies, including medical insufflators and endoscopic pumps and related disposables, laser beam delivery solutions, video processing and streaming and capture, machine vision technologies, radio frequency identification (RFID) technologies, thermal chart recorders, and others.

Wall Street analysts forecast NOVT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOVT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Novanta Inc revenue for the last quarter amounts to 257.71M USD, increased 10.43

Novanta Inc. EPS for the last quarter amounts to 0.51 USD, decreased -13.56

Novanta Inc (NOVT) has 3000 emplpoyees as of June 01 2026.

Today NOVT has the market capitalization of 5.67B USD.