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Novanta Inc. NOVT NASDAQ

NASDAQ Global Select • Technology • Hardware, Equipment & Parts • US • USD

SharesGrow Score
61/100
3/7 Pass
SharesGrow Intrinsic Value
$312.83
+142.8%
Analyst Price Target
$150.00
+16.4%

Novanta Inc. (NOVT) is a publicly traded company in the Technology sector, operating within the Hardware, Equipment & Parts industry. The company is headquartered in Bedford, MA, United States. The current CEO is Matthijs Glastra.

NOVT has IPO date of 1999-03-24, 3,000 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $4.6B.

About Novanta Inc.

Novanta Inc. is a global designer and manufacturer of photonics, vision, and precision motion components and sub-systems for original equipment manufacturers in the medical and industrial markets. The company operates three core segments: Photonics, which provides laser scanning, beam delivery, and optical solutions for industrial processing, medical imaging, and life science applications; Vision, which delivers medical-grade technologies including insufflators, pumps, visualization systems, and machine vision solutions for surgical and diagnostic use; and Precision Motion, which manufactures encoders, motors, servo drives, and robotic end-of-arm technologies. Novanta markets its products through a portfolio of specialized brands including Cambridge Technology, Synrad, Laser Quantum, JADAK, and Celera Motion, distributing through direct sales, resellers, and system integrators worldwide. Founded in 1968 and headquartered in Bedford, Massachusetts, the company was formerly known as GSI Group before rebranding to Novanta in 2016.

📍 125 Middlesex Turnpike, Bedford, MA 01730 📞 781 266 5700
Company Details
SectorTechnology
IndustryHardware, Equipment & Parts
CountryUnited States
ExchangeNASDAQ Global Select
CurrencyUSD
IPO Date1999-03-24
CEOMatthijs Glastra
Employees3,000
Trading Info
Current Price$128.85
Market Cap$4.6B
52-Week Range98.27-149.95
Beta1.65
ETFNo
ADRNo
CUSIP67000B104
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