Novanta (NOVT)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-05
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-05
Research Workspace
Put NOVT beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Electronic Equipment & Instruments is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Operating income near $27.5 million next quarter: Comparison needs review.
View ThesisRevenue is growing steadily — about 8% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 44%, softest on share dilution.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look high — the market is pricing in about 50% growth a year, above the roughly 23% analysts expect, leaving little room for error.
View ValuationModerate volatility — typically moves about 2% a day.
View RiskNOVT's steady 10% revenue growth must continue to justify its price. The company beat its last quarter's earnings estimate by 7.2%. It trades at 42 times earnings versus a 27 times peer median. The market is pricing in more growth than our forecast. Operating income is under pressure, but the comparison needs review. The thesis comparison is not yet verified. Peer multiples imply a price about 61% below where it trades. The thesis is on watch, and this read is provisional.
Trailing returns as of 2026-11-05. NOVT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 3 analysts currently covering NOVT (as of Nov 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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Compare NOVT with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| NOVT Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-11-05. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Electronic Equipment & Instruments — fair value, gap to price, and forward P/E.
Compare the value case
Put NOVT next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Enhance operating income and margins
Profits outpacing sales indicates improved margins.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-05. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.

Advances: Strategic capital allocation
Significant acquisition aligns with strategic capital allocation.
Advances: Focus on revenue growth
Earnings outperforming expectations supports revenue growth.
Advances: Focus on revenue growth
Earnings beat leads to model updates, indicating growth.