Novanta Inc.
Novanta is a technology company that designs, manufactures, and distributes photonics, vision and precision motion components and sub-systems to original equipment manufacturers.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Novanta's stock with a target price of $141.5, indicating potential growth.
Financial Health
Novanta Inc. is producing solid revenue and cash flow while maintaining a healthy profit margin.
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Baskets Featuring NOVT
Productivity Plays For A Cautious Economy
Recent data shows U.S. jobless claims are falling, but overall hiring remains slow, pointing to a cautious "no hire/no fire" economy. This creates a potential investment opportunity in companies focused on automation and productivity solutions, which help businesses grow without expanding their workforce.
Published: August 29, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Precision tech demand
Novanta benefits from rising need for precise photonics and motion control in medical and semiconductor equipment — though end‑market cycles can affect near‑term results.
R&D and innovation
Engineering depth and product development help drive differentiation, but sustained investment is needed and competition can erode margins.
Diversified end‑markets
Exposure to medical, industrial and semiconductor customers spreads risk, yet concentration among large OEMs and capital‑equipment cyclicality remain considerations.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
Amphenol Corporation
Amphenol - A is a leading manufacturer of electronic interconnects and cables used in a range of applications.
Corning Inc.
A technology company that develops and manufactures scientific laboratory products
Celestica Inc.
Celestica provides design and manufacturing services to original equipment manufacturers (OEMs).
