Technology
Novanta Inc.(NOVT)
Live Price
Offline$160.54
-1.15% today
1Y Change
+23.46%
Window
Jun 25, 2025 โ Jun 16, 2026
- Market Cap
- $4.56B
- Revenue Growth
- +3.3%
- EPS Growth
- -17.4%
- Dividend Yield
- 0.0%
Coverage: 245 bars ยท Jun 25, 2025 โ Jun 16, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Novanta Inc. (NOVT) is a Technology stock with a market cap of $4.56B and listed on NASDAQ. The stock last traded around $160.54 and up 23.5% across the available one-year price window (Jun 25, 2025 โ Jun 16, 2026). Baseline metrics include revenue growth of +3.3%, EPS growth of -17.4%, a dividend yield of 0.0%. What stands out right now is revenue +3.3%, EPS -17.4%, free cash flow -65.7% with operating margin 11.9% and ROIC 5.5%. Valuation already assumes a fairly strong business story at P/E 90.8 and price/sales 4.7. Overall, the current profile looks closer to a turnaround or cyclical reset than a generic broad-market placeholder. Stock Foundry combines NOVT price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Technology peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
+3.3% vs +11.9% peer median
Operating Margin
Below sector median
+11.9% vs +22.0% peer median
P/E
Above sector median
90.8 vs 18.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 5, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at +3.3% and EPS is at -17.4%, with operating margin around 11.9%.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -1.4% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 5, 2026 | โ | +5.0% | +20.3% | +26.2% |
2026 Feb 23, 2026 | +3.4% | -3.5% | -1.2% | -17.6% |
2025 Nov 3, 2025 | +7.4% | -4.8% | -23.5% | -17.2% |
Benchmark Edge
NOVT vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
NOVT
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
NOVT Max Drawdown
-26.97%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for NOVT and SPY.
Company Overview
Novanta Inc.
NASDAQ Global Select
Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company's Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. It's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. In addition, its Precision Motion segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the 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 brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.
- Leadership
- Matthijs Glastra
- IPO Date
- Mar 24, 1999
- Employees
- 3.0k
- Street Address
- 125 Middlesex Turnpike
- Mailing
- Bedford, MA, 01730
- Region
- Bedford, MA, US
- Reporting Currency
- USD
- Investor Line
- 781 266 5700
- Last Updated
- May 2, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 90.8
- EV/EBITDA
- 27.1
- Price/Sales
- 4.7
- Price/Book
- 3.7
Growth
- Revenue
- +3.3%
- EPS
- -17.4%
- Free Cash Flow
- -65.7%
Profitability
- Gross Margin
- 44.4%
- Operating Margin
- 11.9%
- Net Margin
- 5.5%
- ROE
- 5.8%
- ROIC
- 5.5%
Balance Sheet
- Debt/Equity
- 0.26
- Current Ratio
- 3.69
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.