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Asset logo for symbol NOVT
Novanta
NOVT56
$155.56arrow_drop_up1.13%$1.75
Asset logo for symbol NOVT
NOVT56

$155.56

arrow_drop_up1.13%

Analyst Forecast

Period: Next 12 Months

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Analyst Ratings

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Novanta (NOVT) Stocklytics Forecast

Novanta Inc (NOVT) is a leading global supplier of precision photonic and motion control components and subsystems. The company has a strong track record of delivering innovative solutions to its customers in industries such as medical and industrial. With its deep expertise in advanced technologies, Novanta is well positioned to capitalize on the growing demand for precision instruments.
In terms of the stock price prediction for Novanta Inc (NOVT), analysts are generally optimistic about its future prospects. The consensus forecast suggests that the stock price will continue to rise over the next few years. By 2023, analysts predict that the stock price will reach a target of $120, reflecting a significant increase from its current levels.
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Frequently Asked Questions

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What is the analyst price prediction for Novanta (NOVT) stock?

Analysts have set a target price of $161 for Novanta (NOVT), based on forecasts from 1 analysts. The predicted price range extends from a high of $161 to a low of $161. This represents a potential increase of up to 3.5% and a decrease of 3.5% from the current price of $155.56. These forecasts are as of 2017 Dec 08.
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What are the analyst ratings for Novanta (NOVT) stock?

The analyst ratings for Novanta (NOVT) are distributed as follows: 2 analysts recommend buying, 1 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 3 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Novanta .
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What is the AI price prediction for Novanta (NOVT) stock?

At present, there is no AI or machine-learning-based price prediction available for Novanta (NOVT) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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