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NOVANTA INC

NOVTNASDAQ
πŸ† #1087 by market capUS Equity
$166.84β–Ό $0.82 (βˆ’0.49%)
Live
1hβ–Ό 0.6%
24hβ–Ό 0.5%
7dβ–² 8.8%
14dβ–² 21.2%
30dβ–² 11.4%
1yβ–² 37.7%
🏦Market Cap
$5.94B
Small Cap
πŸ“ˆRevenue Growth (YoY)
+3.3%
Slowing
πŸ“ŠGross Margin
42.5%
Healthy
πŸ’΅FCF Margin
11.1%
Healthy
βš–οΈP/S Ratio
5.8x
Fair
Otter Score
55
Weak

Trading Snapshot

Day Range
$165.96 – $169.33
52-Week Range
$98.27 – $176.38
Volume
$4.49B
Avg Volume
$3.45B
Shares Outstanding
35.6M
Next Earnings
Oct 6, 2026

Fundamentals Snapshot

Annual Revenue
$981M
Last Q Revenue
$266M
P/E Ratio
105.5
P/S Ratio
5.8x
EPS (TTM)
$1.51
Dividend Yield
0.00%

Why Investors Own NOVT

  • βœ“High-growth profile β€” revenue up +46.2% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 64% gross margin and 16% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$981Mβ–² +40.7% YoY
Gross Margin (TTM)
63.7%β–² +1.0% YoY
Operating Income (TTM)
$316Mβ–² +40.7% YoY
Free Cash Flow (TTM)
$154Mβ–² +40.7% YoY

About NOVANTA INC

Operating globally, Novanta Inc. and its affiliated companies specialize in the development, production, and distribution of advanced photonics, vision, and precision motion components and sub-assemblies. These highly engineered solutions are supplied to Original Equipment Manufacturers (OEMs) across the medical and industrial sectors. Within its Photonics division, Novanta provides a suite of laser-driven technologies. These encompass systems for laser scanning, beam manipulation, and various laser types such as CO2, solid-state, ultrafast, and optical light engines. Their applications span critical areas like industrial manufacturing, precision measurement (metrology), advanced imaging in healthcare and biological research, DNA sequencing, and specialized medical laser treatments. The Vision segment delivers an array of medical-grade innovations. This portfolio comprises instruments like medical insufflators, pumps, and their associated consumables, alongside comprehensive visualization tools. It also features wireless communication systems, video recording devices, and integration platforms designed for operating theaters. Further offerings include optical data acquisition, machine vision systems, radio frequency identification (RFID) solutions, thermal recording devices, spectrometry equipment, and integrated touchscreen displays. Furthermore, the Precision Motion division specializes in supplying components such as optical and inductive encoders, high-precision motors, servo drives, and complete motion control systems. This segment also delivers integrated stepper motors, sophisticated robotic end-effectors, air bearings, and air bearing spindles. Novanta distributes its extensive product lines through various channels, including its dedicated direct sales team, value-added resellers, distribution partners, and system integrators. These offerings are available under well-known brand names such as Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind. Founded in 1968, the company operated as GSI Group, Inc. until its rebranding to Novanta Inc. in May 2016. Its corporate headquarters are located in Bedford, Massachusetts.

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Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Weak
55/100

Analyst Price Target

β“˜
Average Target
$193.78
β–² +16.1% Upside
High Target$222.93
Low Target$153.04
Based on 25 analysts

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