Novanta (NOVT) Stock: Buy, Sell, or Hold?
NOVT - Novanta Inc. Common Stock
$143.58
1.39 (0.98%)
â˛
5d:
+1.45%
30d:
-0.06%
90d:
-11.22%
WAIT
LOW Confidence
Analysis Updated: Oct 1, 2026 12:00 AM ET
Earnings: Nov 02, 2026
30d
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Interactive Price Chart (1 Month)
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Bottom Line:
âšī¸ NEUTRAL: NOVT is fairly priced but lacks strong directional signals. At -1.6% expected growth, valuation appears fair. Wait for clearer setup or better entry on dips.
âšī¸ NEUTRAL: NOVT is fairly priced but lacks strong directional signals. At -1.6% expected growth, valuation appears fair. Wait for clearer setup or better entry on dips.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$183.84
Based on 11.1% avg growth
INTRINSIC VALUE TODAY
$114.15
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NOVT is currently trading at $143.58, which is considered fair relative to its 30-day fair value range of $137.64 to $146.56. The stock's valuation (Forward PE: 32.9) is in line with its historical norms (34.5). Remarkably, the market is currently pricing in an annual earnings decline of 1.6% over the next few years. This pessimistic expectation contrasts with the company's recent 150.0% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, NOVT is in a downtrend. The price is approaching resistance at $146.00. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock scores a mixed 50/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $194.50 (+35.5%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, NOVT is in a downtrend. The price is approaching resistance at $146.00. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock scores a mixed 50/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $194.50 (+35.5%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$137.64 -
$146.56
Company Quality Score
51/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
72.4%
Protect Your Profits
Holding NOVT? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- NEUTRAL: Price in fair range
- NEUTRAL: Mixed technical signals (50/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 35.5% below Wall St target ($194.50)
- WARNING: Composite score 51/100 in the bottom quintile â this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$137.64 -
$146.56
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$130.67
Resistance Level
$146.00
Current Trend
Downtrend
Technical data as of
Oct 1, 2026
Fundamental Context
Forward P/E (Next Year Est.)
32.88
Wall Street Target
$194.50
(+35.5%)
Revenue Growth (YoY)
10.3%
Earnings Growth (YoY)
150.0%
Profit Margin
6.0%
Valuation Discount vs History
-1.6% cheaper
PE vs Historical
32.9 vs 34.5
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-1.6%
(market-implied from PE analysis)
1-Year Target
$141.28
(-2%)
2-Year Target
$139.02
(-3%)
3-Year Target
$136.80
(-5%)
3-Yr Target (if PE normalizes)
(PE: 33â35)
$143.53
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 32.9, Growth: 18.2%)
$237.31
(+65%)
Base:
(SPY PE: 20.4, Growth: 18.2%)
$147.23
(+3%)
Bear:
(PE: 17.3, Growth: 18.2%)
$125.15
(-13%)
đ
Valuation based on Current Earnings
Forward PE: 8.39 | Forward EPS (Implied): $17.11
Bull Case
$173.37
(+21%)
Analyst growth 15.0%, PE expands to 8.8
Base Case
$143.58
(0%)
Market implied 0.0%, PE stable at 8.4
Bear Case
$109.84
(-24%)
Severe decline -15.0%, PE contracts to 7.6
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
đĄ
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 32.9 to 34.5
Stabilization Target:
$150.65
(+4.9%)
PE Expansion Potential:
+4.9%
Share & Embed Analysis
Last updated: October 02, 2026 9:16 AM ET
Data refreshes hourly during market hours. Next update: 10:16 AM
Data refreshes hourly during market hours. Next update: 10:16 AM
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Technical Signals Check
Is NOVT showing a specific setup today?
Insider Activity (6 Months)
0
Buys
1
Sells
Net
INSIDERS SELLING
Recent Transactions
Matthijs Glastra
SELL
6500 shares
2026-04-17
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