NOVT is trading at $180.00 (9.2% up) in pre-market after analyst commentary highlighted accelerating Q1 bookings and raised the stock’s fair value estimate to $175.
- The upward revision reinforces strong demand momentum and broader recognition of Novanta’s robust order pipeline and margin outlook.
- The move builds on a solid multi-day uptrend, positioning shares near their updated fair value range despite a slightly softer overall market backdrop.