Novanta schedules November 11 conference: Novanta stock trades at 86.50 times earnings
Published on 10/20/2026 at 21:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSConference and valuation facts
- Novanta scheduled a Baird conference presentation for November 11, 2026.
- Second-quarter 2026 revenue reached USD 265.81 million, up 10.30 percent year over year.
- Novanta stock stood at EUR 120.50 at Lang & Schwarz on October 20, 2026 at 9:37 p.m. CEST.
- Third-quarter 2026 results are scheduled for November 9, 2026.
Novanta announced a presentation at the Baird 2026 Global Industrial Conference for November 11, 2026, with Chief Financial Officer Robert Buckley and Chief Operating Officer John Lesica of Medical Solutions scheduled to speak, according to Business Wire on October 20, 2026. Novanta stock was trading at EUR 120.50 at Lang & Schwarz on October 20, 2026 at 9:37 p.m. CEST.
Revenue growth meets a valuation test
Novanta reported USD 265.81 million of GAAP revenue for the second quarter of 2026, up 10.30 percent from USD 241.00 million in the second quarter of 2025. Operating income rose to USD 18.06 million from USD 14.90 million, while diluted earnings per share increased to USD 0.30 from USD 0.12, according to Business Wire.
The earnings profile is being weighed against a high valuation. Simply Wall St wrote on October 11, 2026 that Novanta traded at a price-to-earnings ratio of 86.50, compared with 30.30 for the electronic equipment industry and 55.40 for peers. That spread makes earnings execution central to the valuation discussion.
Nasdaq range frames the stock
Novanta's Nasdaq quote was USD 135.43 at 3:40 p.m. ET on October 20, 2026. The 52-week range was USD 98.27 to USD 176.38, while market capitalization stood at USD 5.1 billion and the price-to-earnings ratio was 87.09. The figures place the company well above its 52-week low but below its 52-week high.
Results arrive before the conference
Novanta is scheduled to release third-quarter 2026 results after the close of U.S. financial markets on November 9, 2026, followed by a conference call at 8:00 a.m. ET on November 10, 2026, according to Business Wire. Those dates precede the November 11, 2026 Baird conference presentation and give investors three scheduled company events in one week.
Business profile and market position
Novanta supplies precision technology to medical, life science and advanced industrial original equipment manufacturers. Its activities include precision medicine, precision manufacturing, robotics, automation and advanced surgery, according to the company's investor-relations overview. The company is incorporated in Canada, serves North America, Europe and Asia Pacific, and trades on Nasdaq under the ticker NOVT.
Stock position after hours
The after-hours euro indication keeps attention on the upcoming results and the gap between Novanta's earnings growth and its valuation. The further course of trading is shown by the continuously updated real-time quote of Novanta stock.
Novanta market details
- Company: Novanta Inc.
- ISIN: CA67000B1040
- Ticker: NOVT
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 20, 2026, 9:37 p.m. CEST: EUR 120.50
- Market capitalization: USD 5.1 billion as of October 20, 2026
- 52-week range: USD 98.27-176.38 as of October 20, 2026
- Sector / Industry: Technology / Electronic Equipment
Market context: Market report S&P 500.
