NOVT
NovantaCNasdaq / Technology Hardware & Equipment
Last Price
At close
2026-06-03
Current thesis
Successful product ramps, improved mix and operating leverage drive revenue and margins toward the high analyst target.
Posture
Mixed
Lead driver
Momentum
What changed
Momentum remains the lead driver in the composite, 7D delta +15.7.
What can break
Cyclical weakness in semiconductor and medical equipment spending
Momentum
64
Value
51
Sentiment
40
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $139.35 · Bull $170.00 · Bear $120.00
Data freshness
Prices
As of 2026-06-03
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-03 • Model: HYBRID_IC_RP
AI Memo
As of 2026-02-26 • Model: RankAlpha Sentiment AI
Investment thesisAs of 2026-06-03
Investment thesis
As of 2026-06-03
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $160.00
Why
Momentum64 · Δ7d +15.7
Value51 · Δ7d +0.3
Sentiment40 · Δ7d -2.1
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Lead driver: Momentum · See technicals
Momentum
64
34% active weight
Current posture
7d trendFlat
Δ7d
+15.7
Δ21d
+52.2
Value
51
32% active weight
Current posture
7d trendFlat
Δ7d
+0.3
Δ21d
-0.1
Sentiment
40
33% active weight
Current posture
7d trendSoftening
Δ7d
-2.1
Δ21d
+1.4
Why this grade
Composite grade C. Momentum 64.3 / Value 50.6 / Sentiment 40.5
Fundamentals (TTM)As of 2026-06-02
Fundamentals (TTM)
As of 2026-06-02
Market Cap
$6B
Beta
1.62
Shares Out
35.78M
P/E (TTM)
76.2
P/S (TTM)
4.15
P/FCF (TTM)
38.88
Rev YoY
+1.4%
EPS YoY
-44.4%
Gross Margin
+44.8%
Op Margin
+10.0%
Net Debt
-
Current Ratio
2.51
As of 2026-06-03 • Updated nightlySource: Internal modelMethodology