Novanta (NOVT) to report earnings May 18 as analysts expect 8.6% revenue growth

Novanta (NASDAQ: NOVT) is scheduled to report quarterly results after the market close on May 18, 2026, with analysts expecting revenue to rise 8.6% from a year earlier. The medical and manufacturing technology company reported $258.3 million in revenue last quarter, up 8.5% year over year but below Wall Street expectations. It also missed analyst estimates for adjusted operating income and EBITDA. Analysts have largely held their estimates steady over the past 30 days, though Novanta has missed revenue expectations multiple times over the past two years. Peer results in electronic components have been stronger: nLIGHT posted 55.2% revenue growth, beating estimates by 11.2%, while Littelfuse revenue rose 18.5%, topping expectations by 3.4%. Electronic components stocks have risen 5% on average over the past month. Novanta shares are up 12% over the same period and recently traded at $140.24, below the average analyst price target of $157.