Novanta Inc. (NOVT) fair value analysis
Nasdaq · Updated 2026-10-19
NOVT price how computed
Forward Fair Value verdict
UndervaluedNOVT is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $128.79
- Sector
- Technology
- 12-month range
- $99.22–$168.75
- Market cap
- $4.87B
- From 52-week high
- -23.7%
- Shares outstanding
- 37.8M
- Rank in Technology by discount to fair value
- #41 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Novanta Inc. is a technology company that designs, manufactures, and markets precision photonics and software solutions for medical and industrial applications. The company operates globally with operations and customers across North America, Europe, and Asia.
NOVT currently ranks #41 of 181 Technology stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $4.87B
- P/E (trailing)
- 37x
- Revenue (TTM)
- $1.03B
- Net margin
- 6.0%
- EPS (TTM)
- $3.48
- Gross margin
- 45.5%
- Debt / equity
- 0.17
- Revenue growth (3-yr avg)
- 6.7%
- Shares outstanding
- 37.8M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Stable
- 52-week position
- The lower-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 42 · neutral
- 50-day average
- $146.13
- 200-day average
- $141.38
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Earnings how computed
- Next earnings report
- 2026-11-09 (post-market)
- Last 8 quarters vs consensus
- 7 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+7.2%)
2026-03 ▲ beat (+3.8%)
2025-12 ▲ beat (+3.4%)
2025-09 ▲ beat (+6.1%)
2025-06 ▲ beat (+4.1%)
2025-03 ▲ beat (+10.4%)
2024-12 ▲ beat (+6.5%)
2024-09 ▬ met (0.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 3 buy · 0 hold · 0 sell (3 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $194
- Target vs last price
- +50.6%
What our data shows for NOVT
- Our model validated 17 trailing price-to-earnings windows for NOVT, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $99.22–$168.75.
- The 14-day relative strength index sits at a neutral 42.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for NOVT
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent NOVT news
TickrTrends' derived news-sentiment signal for NOVT is currently leaning positive, computed from recent coverage.
- Is It Too Late to Buy Novanta Inc (NOVT) After 3.1% Rally? GF Value Says Undervalued (gurufocus.com, 2026-10-20)
TickrTrends take: Novanta Inc operates in the Technology sector where valuation metrics play a critical role in identifying opportunities. The recent price movement has prompted investors to reconsider the company's value proposition, and TickrTrends' current assessment aligns with the undervalued perspective raised in recent analysis. Valuation-focused readers should monitor whether the company's fundamentals support a continued undervalued status or whether the recent rally signals a shift toward fair value pricing. - Novanta Inc (NOVT) Stock Down 4.5% -- Now Undervalued? GF Score: 89/100 (gurufocus.com, 2026-10-17)
TickrTrends take: Novanta Inc trades in the Technology sector where valuation multiples can swing significantly based on market sentiment and growth expectations. The recent 4-percent decline has aligned NOVT with TickrTrends' Undervalued assessment, suggesting the market may have overshot on the downside relative to fundamentals. Investors focused on valuation should monitor whether this dislocation persists or if the stock gravitates back toward fair value levels given the strong GF Score of 89. - Novanta Inc (NOVT) Stock Down 3.8% -- Now Undervalued? GF Score: 89/100 (gurufocus.com, 2026-10-15)
TickrTrends take: Novanta Inc operates in the Technology sector where valuation metrics significantly influence investor decision-making. The recent stock decline has positioned the company at an undervalued level according to TickrTrends analysis, which aligns with the strong GF Score assessment of 89 out of 100. Investors focused on valuation should monitor whether this pricing creates a meaningful entry point or if fundamental factors warrant further deterioration before establishing positions.
More NOVT news
- Novanta Inc. Announces Schedule of Third Quarter 2026 Earnings Release and Conference Call (financialpost.com, 2026-10-13)
- A Look at Novanta Inc (NOVT) After 4.0% Gain -- GF Value $156.75 vs Price $149.27 (gurufocus.com, 2026-10-02)
- A Look at Novanta Inc (NOVT) After 7.3% Gain -- GF Value $156.35 vs Price $144.17 (gurufocus.com, 2026-09-22)
What people are saying
Follow the NOVT conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — NOVT's sector positioning improved this week as its discount rank within the Technology sector advanced from #67 to #58, indicating the stock is trading at a relatively more attractive valuation compared to its peers. The current valuation verdict remains Undervalued based on TickrTrends' derived indicators.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — NOVT has experienced a shift in its technical trend this week, with the 50/200-day moving average relationship transitioning from an uptrend to a mixed state, suggesting reduced upward momentum in the near term. The stock's position within its Technology sector peer group has improved, moving from rank 79 to rank 69 on sector discount metrics, indicating it has become relatively more attractive compared to other Technology stocks on a valuation basis. NOVT remains classified as undervalued according to current TickrTrends analysis.
- 2026-10-05 — NOVT has shifted from a mixed trend state to an uptrend in its 50/200-day moving average analysis this week. The stock maintains an undervalued valuation verdict within the Technology sector. This positive momentum indicator change suggests strengthening short-term price direction relative to longer-term trends.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is NOVT stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), NOVT is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is NOVT's TickrTrends verdict?
NOVT's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does NOVT compare to other Technology stocks?
NOVT ranks #41 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is NOVT overbought or oversold?
NOVT's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does NOVT report earnings next?
NOVT's next earnings report is scheduled for 2026-11-09 (post-market), per the published earnings calendar.
Does NOVT usually beat earnings estimates?
Over its last 8 reported quarters NOVT beat the consensus estimate 7 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about NOVT?
Of 3 analysts covering NOVT, 3 rate it a buy, 0 a hold and 0 a sell - buy-leaning, with a consensus price target of $194 (+50.6% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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