Should I Buy NOVT? NOVT 2026 Analysis

Should You Buy Novanta Inc (NOVT) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

140.420

1 Day change

1.03%

52 Week Range

153.200

Analysis Updated At

2026/01/26

Novanta Inc. (NOVT) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the technical indicators show some bullish trends, the company's financial performance is weak, with declining net income and EPS. Additionally, insider selling has increased significantly, and there are no strong positive catalysts to justify immediate investment.

Technical Analysis

The technical indicators show a mixed picture. The MACD is positive and contracting, indicating mild bullish momentum. The RSI is neutral at 66.273, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). Key resistance is at 141.019, and support is at 129.219. However, the stock's recent price movement is flat, with a slight regular market decline of -0.30%.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Hedge funds have increased their buying activity by 140% over the last quarter, indicating some institutional confidence. The stock has bullish moving averages, and the MACD is positive.

Neutral/Negative Catalysts

Insider selling has surged by 2233.41% over the last month, which raises concerns about internal confidence in the company's future. The company's financial performance in Q3 2025 showed a significant decline in net income (-44.49%) and EPS (-43.40%). Gross margin also slightly declined. Additionally, no recent congress trading data or strong news catalysts are present.

Financial Performance

In Q3 2025, revenue increased by 1.40% YoY to $247.8M. However, net income dropped by -44.49% YoY to $10.65M, and EPS fell by -43.40% YoY to 0.3. Gross margin slightly declined to 41.96% (-0.07% YoY). Overall, the financial performance is weak, with declining profitability metrics.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No recent analyst rating or price target changes were provided in the data.

Analyst Rating

Wall Street analysts forecast NOVT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOVT is 0 USD with a low forecast of 0 USD and a high forecast of 0 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.

Buy

Hold

Sell

Current: 138.990

Low

Averages

High

Current: 138.990

Low

Averages

High

Baird

Neutral

downgrade

$139 -> $133

AI Analysis

2025-08-11

Reason

Baird

Price Target

$139 -> $133

AI Analysis

2025-08-11

downgrade

Neutral

Reason

Baird lowered the firm's price target on Novanta to $133 from $139 and keeps a Neutral rating on the shares. The firm updated its model as it believes the sales bottom looks in place and the outlook for 2026 looks potentially favorable.

Baird

Neutral

downgrade

$160 -> $139

2025-05-12

Reason

Baird

Price Target

$160 -> $139

2025-05-12

downgrade

Neutral

Reason

Baird lowered the firm's price target on Novanta to $139 from $160 and keeps a Neutral rating on the shares. The firm updated its model following mixed Q1 results where they lowered estimates but see bright spots beginning to appear.

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NOVT Should I Buy

NOVT Should I Buy

Should You Buy Novanta Inc (NOVT) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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