NOVT Stock Summary and Trading Ideas (Novanta - Common Shares | NASDAQ:NOVT)

Novanta Inc supplies core technology solutions to medical, life science, and advanced industrial OEMs, leveraging proprietary expertise in precision medicine, precision manufacturing, robotics and automation, and advanced surgery. It has two segments: Automation Enabling Technologies and Medical Solutions. Automation Enabling Technologies, which generates the majority of revenue, provides laser beam steering and scanning solutions, laser sources, and robotic and precision motion technologies. The Medical Solutions segment provides medical-grade technologies, including medical insufflators, endoscopic pumps, and integrated operating room technologies. The company operates in the United States, Germany, and other markets, with revenue generated from the United States.

What symbol and exchange does Novanta - Common Shares shares trade?

Novanta - Common Shares trades on the NASDAQ stock market under the symbol NOVT.

What is Novanta - Common Shares stock price doing today?

As of June 12, 2026, NOVT stock price declined to $160.53 with 443,899 million shares trading.

What is Novanta - Common Shares's Beta?

NOVT has a beta of 1.92, meaning it tends to be more sensitive to market movements. NOVT has a correlation of 0.24 to the broad based SPY ETF.

How much is Novanta - Common Shares worth?

NOVT has a market cap of $5.72 billion. This is considered a Mid Cap stock.

How much money does Novanta - Common Shares make?

Last quarter Novanta - Common Shares reported $258 million in Revenue and $.81 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.03.

What is the highest and lowest price Novanta - Common Shares traded in the last 3 year period?

In the last 3 years, NOVT traded as high as $187.61 and as low as $98.27.

What are the top ETFs holding Novanta - Common Shares?

The top ETF exchange traded funds that NOVT belongs to (by Net Assets): IJH, VTI, IWM, VGT, VB.

Is Novanta - Common Shares (NOVT) a good investment?

NOVT has outperformed the market in the last year with a price return of +25.6% while the SPY ETF gained +24.6%. NOVT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +27.1% and +0.8%, respectively, while the SPY returned +9.9% and -1.7%, respectively.

What are the support and resistance levels for Novanta - Common Shares (NOVT)?

NOVT support price is $157.02 and resistance is $167.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NOVT shares will trade within this expected range on the day.