NOVT Stock Analysis: Buy, Sell, or Hold?
NOVT - Novanta Inc. Common Stock
$155.71
0.27 (0.17%)
▲
5d:
+14.26%
30d:
+23.14%
90d:
+11.79%
HOLD
MODERATE Confidence
Analysis Updated: May 14, 2026 12:00 AM ET
Earnings: May 11, 2026
0d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD - EXTENDED: NOVT is 12.4% above its trading range ($138.57). Fundamentals are solid but entry is stretched. Hold existing positions; wait for pullback to add new shares.
📊 HOLD - EXTENDED: NOVT is 12.4% above its trading range ($138.57). Fundamentals are solid but entry is stretched. Hold existing positions; wait for pullback to add new shares.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$153.86
Based on 8.8% avg growth
INTRINSIC VALUE TODAY
$95.54
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 $155.71, which is considered extended relative to its 30-day fair value range of $122.03 to $138.57. From a valuation perspective, the stock is trading at a premium (Forward PE: 38.5) compared to its historical average (33.4). At these levels, the market is pricing in 4.8% annual earnings growth.
Technical Outlook: Technically, NOVT is showing sideways momentum. Immediate support is located at $122.59, while resistance sits at $165.56.
Market Sentiment: NOVT has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, NOVT is showing sideways momentum. Immediate support is located at $122.59, while resistance sits at $165.56.
Market Sentiment: NOVT has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$122.03 -
$138.57
Company Quality Score
69/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
51.0%
Protect Your Profits
NOVT is technically overbought (RSI 70). Consider hedging now to protect against a potential pullback while keeping your upside.
View Profit Protection PlanAll Signals
- BEARISH: Price significantly overextended (+12.4% above its trading range)
- BULLISH: Strong technical setup (75/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($157.00)
- BULLISH: Expecting earnings turnaround to 4.8% growth with 10.4% revenue growth
Trading Range Analysis
30-Day Trading Range
$122.03 -
$138.57
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$122.59
Resistance Level
$165.56
Current Trend
Sideways
Technical data as of
May 14, 2026
Fundamental Context
Forward P/E (Next Year Est.)
38.48
Wall Street Target
$157.00
(+0.8%)
Revenue Growth (YoY)
10.4%
Earnings Growth (YoY)
-13.4%
Profit Margin
5.3%
Valuation Premium vs History
+4.8% premium
PE vs Historical
38.5 vs 33.4
STRETCHED
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+4.8%
(market-implied from PE analysis)
1-Year Target
$163.18
(+5%)
2-Year Target
$171.02
(+10%)
3-Year Target
$179.23
(+15%)
3-Yr Target (if PE normalizes)
(PE: 38→33)
PE COMPRESSION
$155.57
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 38.5, Growth: 13.6%)
$228.07
(+47%)
Base:
(SPY PE: 22.0, Growth: 13.6%)
$130.63
(-16%)
Bear:
(PE: 18.7, Growth: 13.6%)
$111.04
(-29%)
📈
Valuation based on Current Earnings
Forward PE: 8.39 | Forward EPS (Implied): $18.56
Bull Case
$188.02
(+21%)
Analyst growth 15.0%, PE expands to 8.8
Base Case
$155.71
(0%)
Market implied 0.0%, PE stable at 8.4
Bear Case
$119.12
(-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.
Share & Embed Analysis
Last updated: May 15, 2026 1:40 AM ET
Data refreshes hourly during market hours. Next update: 2:40 AM
Data refreshes hourly during market hours. Next update: 2:40 AM
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Technical Signals Check
Is NOVT showing a specific setup today?
Insider Activity (6 Months)
0
Buys
8
Sells
Net
INSIDERS SELLING
Recent Transactions
Matthijs Glastra
SELL
6500 shares
2026-04-17
Robert Buckley
SELL
9957 shares
2026-03-16
Robert Buckley
SELL
1423 shares
2026-02-20
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