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Analysts Offer Insights on Technology Companies: Novanta (NOVT) and Applied Digital Corporation (APLD)

Tipranks - Tipranks - Tue Nov 18, 2025

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Novanta (NOVT – Research Report) and Applied Digital Corporation (APLD – Research Report) with bullish sentiments.

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Novanta (NOVT)

William Blair analyst Brian Drab maintained a Buy rating on Novanta today. The company’s shares closed last Monday at $102.08.

According to TipRanks.com, Drab is a 5-star analyst with an average return of 21.0% and a 63.4% success rate. Drab covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings, Donaldson Company, and Generac Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Novanta.

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Applied Digital Corporation (APLD)

Craig-Hallum analyst George Sutton maintained a Buy rating on Applied Digital Corporation on November 14. The company’s shares closed last Monday at $23.13.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 24.4% and a 51.4% success rate. Sutton covers the Technology sector, focusing on stocks such as DeFi Development Corporation, Core Scientific Inc, and The Hackett Group. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Applied Digital Corporation with a $42.78 average price target, implying an 80.1% upside from current levels. In a report issued on November 6, Northland Securities also maintained a Buy rating on the stock with a $40.00 price target.

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