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Novanta ( (NOVT) ) has shared an announcement.
On July 8, 2025, Novanta Inc. announced that Michele D. Welsh would no longer serve as General Counsel and Corporate Secretary, effective July 18, 2025, or an earlier agreed date. There are no changes to the severance terms outlined in her employment agreement, ensuring continuity in her departure process.
The most recent analyst rating on (NOVT) stock is a Hold with a $160.00 price target. To see the full list of analyst forecasts on Novanta stock, see the NOVT Stock Forecast page.
Spark’s Take on NOVT Stock
According to Spark, TipRanks’ AI Analyst, NOVT is a Outperform.
Novanta’s robust financial performance and strategic growth initiatives drive a strong stock score. However, the high P/E ratio suggests overvaluation, and technical indicators show mixed signals. Despite challenges from tariffs, strategic product launches and market diversification support long-term growth potential.
To see Spark’s full report on NOVT stock, click here.
More about Novanta
Average Trading Volume: 265,808
Technical Sentiment Signal: Sell
Current Market Cap: $4.77B
For a thorough assessment of NOVT stock, go to TipRanks’ Stock Analysis page.