Novartis AG (NVS)
NYSE: NVS · IEX Real-Time Price · USD
103.13
+2.43 (2.41%)
At close: May 31, 2024, 4:00 PM
104.00
+0.87 (0.84%)
After-hours: May 31, 2024, 7:47 PM EDT
Novartis AG Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Novartis AG stock have an average target of 115, with a low estimate of 114 and a high estimate of 116. The average target predicts an increase of 11.51% from the current stock price of 103.13.
Analyst Consensus: Hold
* Price targets were last updated on Apr 24, 2024.
Analyst Ratings
The average analyst rating for Novartis AG stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $114 → $116 | Hold | Maintains | $114 → $116 | +12.48% | Apr 24, 2024 |
| BMO Capital | BMO Capital | Hold Initiates $114 | Hold | Initiates | $114 | +10.54% | Feb 23, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $114 | Hold | Initiates | $114 | +10.54% | Jan 23, 2024 |
| Morgan Stanley | Morgan Stanley | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Sep 25, 2023 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | May 9, 2022 |
Financial Forecast
Revenue This Year
50.02B
from 46.66B
Increased by 7.19%
Revenue Next Year
52.07B
from 50.02B
Increased by 4.10%
EPS This Year
7.42
from 7.10
Increased by 4.48%
EPS Next Year
8.14
from 7.42
Increased by 9.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.0B | 55.4B | 57.6B | 57.1B | 59.7B |
| Avg | 50.0B | 52.1B | 52.8B | 52.6B | 54.1B |
| Low | 46.6B | 47.8B | 47.6B | 46.8B | 47.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.5% | 10.7% | 10.6% | 8.2% | 13.5% |
| Avg | 7.2% | 4.1% | 1.4% | -0.3% | 2.8% |
| Low | -0.2% | -4.5% | -8.6% | -11.3% | -9.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.83 | 9.85 | 10.80 | 9.88 | 10.54 |
| Avg | 7.42 | 8.14 | 8.48 | 8.75 | 9.40 |
| Low | 6.83 | 7.28 | 7.20 | 7.21 | 8.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.4% | 32.8% | 32.7% | 16.5% | 20.4% |
| Avg | 4.5% | 9.7% | 4.3% | 3.2% | 7.3% |
| Low | -3.8% | -1.8% | -11.5% | -15.0% | -5.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.