Novanta (NOVT) is a Technology company in the Scientific Technical Instruments industry. It has a market capitalization of $5.11B, a trailing price-to-earnings ratio of 38.8 and a free-cash-flow yield of 1.0%. Over the most recent reported fiscal year, revenue grew 3.3% and free cash flow per share fell 66.3%. Nama's AI scorecard rates it Buy, 7.5 out of 10. On 12-month momentum it ranks in the rising band of its market.
AI scorecard
Buy · 7.5/10
Clearly positive, short of the top band. As of Nov 7, 2026.
Momentum
Rising · +33.9% over 12 months ex. last
Second-best fifth of its market on the past year's move.
Shariah screen
Shariah Compliant
Passes our debt, cash and income screen; not a scholar's ruling.
Off its high
-28.0%
How far the last close sits under the highest price of the past five years.
Market cap
$5.11B
Trailing P/E
38.8
Price / book
3.2
Price / sales
5.0
FCF yield
1.0%
Dividend yield
—
Gross margin
44.5%
Operating margin
11.7%
Net margin
6.0%
Revenue growth (YoY)
+3.3%
Revenue growth (3-yr annual)
+4.4%
EPS growth (YoY)
+6.5%
FCF/share growth (YoY)
-66.3%
Beta
1.7
Exchange
NASDAQ
Sector
Technology
Industry
Scientific Technical Instruments
NOVT earnings
Next report: Nov 9, 2026 (Q3 2026, EPS estimate $0.97).
Beat the EPS estimate in 4 of 4 recent quarters.
Quarter
Reported
EPS
Estimate
Surprise
Revenue
Q2 2026
Aug 5, 2026
$0.89
$0.83
+7.2%
$265.81M
Q1 2026
May 11, 2026
$0.81
$0.78
+3.9%
$257.71M
Q4 2025
Feb 23, 2026
$0.91
$0.88
+3.4%
$258.35M
Q3 2025
Nov 3, 2025
$0.87
$0.82
+6.1%
$247.84M
NOVT analyst price target
Median target $194.50 from 2 analysts, ranging $194.00 – $195.00.
Nama's AI scorecard currently rates Novanta Buy (7.5 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is NOVT's P/E ratio?
Novanta trades at a trailing price-to-earnings ratio of 38.8.
When does NOVT report earnings?
Novanta's next scheduled report is on Nov 9, 2026. Analysts expect EPS of $0.97.
What is the NOVT price target?
The median analyst price target from 2 analysts is $194.50, with a range of $194.00 – $195.00.
Is NOVT Shariah compliant?
Nama's AAOIFI-style screen reads Novanta as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.