Novanta Stock Forecast for 2023 - 2025 - 2030
Updated on 04/19/2024
Novanta Stock Forecast and Price Target
Novanta's most recent price target of $170.00 for 2024 was provided by three renowned analysts over the past few months, with an average prediction of $170.00. If this prediction is correct, Novanta's stock could rise by 13.32 percent from its current trading price. The potential increase for the stock is $170.00 per share, with a possible range of $168.30 to $187.00. If you're interested in NOVT stock, looking at its competitors might also be a good idea.
13.32% Upside
Novanta Fair Value Forecast for 2023 - 2025 - 2030
In the last four years, Novanta's Price has fallen from $101.95 to $0.00 – a 100.00% decrease. For next year, analysts predict Fair Value of $198.14, which would mean an increase of 100.00%. Over the next seven years, experts predict that Novanta's Fair Value will grow at a rate of 100.00%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| PH Stock Forecast | Parker-Hannifin Corp | Outperform |
10
|
$538.09 | Buy/Sell | $548.76 | 10.58% |
| AME Stock Forecast | AMETEK | Outperform |
10
|
$177.27 | Buy/Sell | $180.64 | 10.00% |
| ENTG Stock Forecast | Entegris | Outperform |
18
|
$127.09 | Buy/Sell | $116.12 | 15.67% |
| IEX Stock Forecast | IDEX | Outperform |
16
|
$226.10 | Buy/Sell | $236.64 | 6.15% |
| ONTO Stock Forecast | Onto Innovation | Outperform |
16
|
$177.63 | Buy/Sell | $156.25 | 15.41% |
Novanta Revenue Forecast for 2023 - 2025 - 2030
In the last three years, Novanta's Revenue has grown by 49.28%, rising from $590.62M to $881.66M. For next year, analysts predict Revenue of $957.59M, which would mean an increase of 8.61%. Over the next seven years, experts predict that Novanta's Revenue will grow at a rate of 8.74%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| COHR Stock Forecast | Coherent | Outperform |
15
|
$51.00 | Buy/Sell | $43.13 | 31.37% |
| MTSI Stock Forecast | MACOM Technology Solutions Hol... | Outperform |
11
|
$95.16 | Buy/Sell | $88.15 | -0.17% |
| CRUS Stock Forecast | Cirrus Logic | Buy |
16
|
$83.25 | Buy/Sell | $92.00 | 20.12% |
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| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| MOG.A Stock Forecast | Moog | Outperform |
2
|
$152.72 | Buy/Sell | $150.33 | 6.08% |
| SYNA Stock Forecast | Synaptics | Outperform |
16
|
$81.69 | Buy/Sell | $108.89 | 56.08% |
| IPGP Stock Forecast | IPG Photonics | Outperform |
15
|
$84.59 | Buy/Sell | $124.34 | 32.94% |
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| ACLS Stock Forecast | Axcelis Technologies | Outperform |
15
|
$98.25 | Buy/Sell | $174.80 | 72.16% |
| AEIS Stock Forecast | Advanced Energy Industries | Outperform |
16
|
$90.81 | Buy/Sell | $110.29 | 17.83% |
| RSW Stock Forecast | Renishaw | Hold |
18
|
£40.35 | Buy/Sell | £34.00 | -0.87% |
Novanta EBITDA Forecast for 2023 - 2025 - 2030
Novanta's EBITDA has grown In the last three years, rising from $98.07M to $169.16M – a growth of 72.49%. In the next year, analysts believe that EBITDA will reach $222.83M – an increase of 31.73%. For the next seven years, experts predict that Novanta's EBITDA will grow at a rate of 46.61%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| AZTA Stock Forecast | Azenta | Hold |
16
|
$50.49 | Buy/Sell | $58.50 | 38.64% |
| FORM Stock Forecast | FormFactor | Outperform |
16
|
$42.09 | Buy/Sell | $40.56 | 5.73% |
| KLIC Stock Forecast | Kulicke and Soffa Industries | Outperform |
18
|
$46.09 | Buy/Sell | $58.25 | 22.37% |
Novanta EBIT Forecast for 2023 - 2025 - 2030
Novanta's EBIT has seen impressive growth In the last three years, rising from $59.78M to $122.55M – a growth of 105.00%. In the next year, analysts believe that EBIT will reach $184.21M – an increase of 50.31%. For the next seven years, the forecast is for EBIT to grow by 65.21%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| OSIS Stock Forecast | OSI Systems | Buy |
16
|
$133.85 | Buy/Sell | $118.00 | 20.66% |
| VECO Stock Forecast | Veeco Instruments | Outperform |
14
|
$33.65 | Buy/Sell | $29.17 | 23.33% |
| UCTT Stock Forecast | Ultra Clean Holdings | Buy |
15
|
$40.50 | Buy/Sell | $39.00 | 23.46% |
Novanta EPS Price Prediction Forecast for 2023 - 2025 - 2030
In the last four years, Novanta's EPS has fallen from $1.95 to $0.00 – a 100.00% decrease. For next year, analysts predict EPS of $3.79, which would mean an increase of 100.00%. Over the next seven years, experts predict that Novanta's EPS will grow at a rate of 100.00%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| PLAB Stock Forecast | Photronics | Buy |
15
|
$26.09 | Buy/Sell | $32.00 | 22.65% |
| JEN Stock Forecast | Jenoptik | Outperform |
18
|
24.54€ | Buy/Sell | 33.71€ | 40.59% |
| COHU Stock Forecast | Cohu | Outperform |
16
|
$29.24 | Buy/Sell | $43.29 | 36.80% |
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