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Novanta ( (NOVT) ) has issued an announcement.
Novanta Inc. has revised its financial guidance for the fourth quarter and full year 2025 following a recent equity issuance. The updated non-GAAP adjusted diluted earnings per share (EPS) guidance is now set at $0.84 to $0.91 for the fourth quarter and $3.21 to $3.28 for the full year, slightly lower than the previous guidance. The company’s GAAP revenue and Adjusted EBITDA guidance remain unchanged. This adjustment reflects the impact of an increased number of diluted shares outstanding, estimated to be between 2.5 million and 2.6 million for the fourth quarter and between 0.6 million and 0.7 million for the full year. The revision indicates a strategic response to the equity issuance, potentially affecting stakeholders’ expectations and the company’s market positioning.
The most recent analyst rating on (NOVT) stock is a Hold with a $115.00 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 Neutral.
Novanta’s overall stock score reflects strong financial performance and a positive earnings call, offset by technical indicators suggesting bearish momentum and a high valuation. The company’s strategic initiatives and market leadership provide a positive long-term outlook, but current valuation and technical trends pose short-term risks.
To see Spark’s full report on NOVT stock, click here.
More about Novanta
Average Trading Volume: 545,138
Technical Sentiment Signal: Sell
Current Market Cap: $3.95B
Learn more about NOVT stock on TipRanks’ Stock Analysis page.