Novanta (NASDAQ:NOVT) Announces Quarterly Earnings Results

Posted by Brian Himes on Aug 5th, 2026

Novanta (NASDAQ:NOVT – Get Free Report) posted its quarterly earnings results on Wednesday. The technology company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.06, FiscalAI reports. Novanta had a net margin of 5.35% and a return on equity of 12.06%. The company had revenue of $265.81 million for the quarter, compared to analyst estimates of $262.30 million. During the same period last year, the business posted $0.76 EPS. The business’s quarterly revenue was up 10.3% on a year-over-year basis. Novanta updated its FY 2026 guidance to 3.680-3.740 EPS and its Q3 2026 guidance to 0.950-1.000 EPS.

Novanta Price Performance

Novanta stock traded down $6.37 during mid-day trading on Wednesday, hitting $153.12. 548,040 shares of the company were exchanged, compared to its average volume of 429,064. The company has a market capitalization of $5.78 billion, a PE ratio of 110.96 and a beta of 1.68. The business has a fifty day moving average of $153.85 and a 200 day moving average of $141.21. Novanta has a 1-year low of $98.27 and a 1-year high of $171.85. The company has a quick ratio of 2.69, a current ratio of 3.56 and a debt-to-equity ratio of 0.15.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on NOVT shares. Robert W. Baird set a $180.00 price target on Novanta in a research note on Tuesday, June 9th. Wall Street Zen downgraded Novanta from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Novanta in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $180.00.

Get Our Latest Stock Analysis on Novanta

Insider Buying and Selling at Novanta

In related news, CEO Matthijs Glastra sold 6,500 shares of the stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $161.13, for a total transaction of $1,047,345.00. Following the completion of the sale, the chief executive officer owned 29,761 shares in the company, valued at $4,795,389.93. This trade represents a 17.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Novanta

Large investors have recently bought and sold shares of the business. Nuveen LLC raised its holdings in shares of Novanta by 3.1% in the fourth quarter. Nuveen LLC now owns 110,229 shares of the technology company’s stock valued at $13,116,000 after buying an additional 3,344 shares during the last quarter. Segall Bryant & Hamill LLC grew its holdings in Novanta by 4.6% during the 4th quarter. Segall Bryant & Hamill LLC now owns 108,348 shares of the technology company’s stock worth $12,892,000 after acquiring an additional 4,765 shares during the last quarter. Invesco Ltd. grew its holdings in Novanta by 9.0% during the 4th quarter. Invesco Ltd. now owns 68,089 shares of the technology company’s stock worth $8,102,000 after acquiring an additional 5,600 shares during the last quarter. Polar Asset Management Partners Inc. increased its position in Novanta by 0.7% in the 4th quarter. Polar Asset Management Partners Inc. now owns 42,014 shares of the technology company’s stock valued at $4,999,000 after acquiring an additional 294 shares in the last quarter. Finally, LPL Financial LLC increased its position in Novanta by 33.4% in the 4th quarter. LPL Financial LLC now owns 22,717 shares of the technology company’s stock valued at $2,703,000 after acquiring an additional 5,685 shares in the last quarter. 98.35% of the stock is currently owned by institutional investors.

Novanta Company Profile

(Get Free Report)

Novanta, Inc (NASDAQ: NOVT) is a global technology company that designs and manufactures precision components, subsystems and software used in advanced photonics and motion control applications. The company serves customers in the medical device and advanced industrial markets, supplying critical technologies for diagnostics and therapeutic systems, semiconductor and electronics manufacturing, and scientific instrumentation. Novanta’s product portfolio includes laser control modules, optics, beam delivery systems, high-precision motors, actuators, stages, and fluidics solutions designed to meet stringent accuracy and reliability requirements.

Novanta’s Photonics segment delivers laser and energy delivery components that enable minimally invasive surgical procedures and diagnostic imaging.