Novartis AG (NVSEF)

OTCMKTS · Delayed Price · Currency is USD
98.25
-6.75 (-6.43%)
Nov 20, 2024, 4:00 PM EST
5.40%
Market Cap 206.60B
Revenue (ttm) 49.94B
Net Income (ttm) 17.60B
Shares Out n/a
EPS (ttm) 8.58
PE Ratio n/a
Forward PE n/a
Dividend 5.23 (4.75%)
Ex-Dividend Date Oct 4, 2023
Volume 30
Open 102.43
Previous Close 105.00
Day's Range 98.25 - 102.43
52-Week Range 90.24 - 123.55
Beta 0.50
Analysts n/a
Price Target n/a
Earnings Date Oct 29, 2024

About Novartis AG

Novartis AG engages in the research, development, manufacture, and marketing of healthcare products in Switzerland and internationally. The company offers prescription medicines for patients and physicians. The company also provides Pluvicto, lutetium Lu 177 vipivotide tetraxetan, indicated for the treatment of adult patients with prostate-specific membrane antigen (PSMA)-positive metastatic castration-resistant prostate cancer; and Lutathera, lutetium Lu 177 dotatate, a prescription medicine used to treat adults and children aged 12 years and ... [Read more]

Sector Healthcare
Founded 1996
Employees 76,057
Stock Exchange OTCMKTS
Ticker Symbol NVSEF
Full Company Profile

Financial Performance

In 2023, Novartis AG's revenue was $46.66 billion, an increase of 7.36% compared to the previous year's $43.46 billion. Earnings were $14.85 billion, an increase of 113.52%.

Financial Statements

News

Novartis ranks first in 2024 Access to Medicine Index

Basel, November 19, 2024 – Novartis has ranked first in the 2024 Access to Medicine Index (ATMI) report published today, highlighting the company's leadership in improving access to medicines around t...

2 days ago - GlobeNewsWire

Ratio Enters License and Collaboration Agreement with Novartis for SSTR2-targeting Radiotherapeutic Candidate

Ratio to receive upfront, and potential milestones and tiered royalty payments BOSTON , Nov. 18, 2024 /PRNewswire/ -- Ratio Therapeutics Inc. (Ratio), a pharmaceutical company employing innovative tec...

3 days ago - PRNewsWire

PPI, Novartis hold media workshop to enhance health literacy in managing cholesterol, promote heart health

The Philippine Press Institute (PPI) held a health reporting workshop to help local journalists gain a deeper understanding of low-density lipoprotein cholesterol (LDL-C or “bad cholesterol”) manageme...

8 days ago - BusinessMirror

Schrödinger Scores Big Despite Q3 Miss As Novartis Collaboration Promises Billions In Milestones: Details

Schrodinger, Inc. (NASDAQ: SDGR) shares are trading higher on Tuesday. The company disclosed a research collaboration and license agreement with Novartis AG (NYSE: NVS) to advance multiple developme...

9 days ago - Benzinga

Cellares Appoints Ossama Eissa, Former Novartis, Lonza and Legend Biopharma Leader, as Chief Operating Officer

SOUTH SAN FRANCISCO, Calif. & BRIDGEWATER, N.J.--(BUSINESS WIRE)--Cellares, the world's first Integrated Development and Manufacturing Organization (IDMO), and a leader in automated cell therapy manuf...

9 days ago - Business Wire

Schrödinger Announces Multi-Target Collaboration and Expanded Software Licensing Agreement with Novartis

NEW YORK--(BUSINESS WIRE)--Schrödinger today announced a multi-target collaboration and expanded software licensing agreement with Novartis.

9 days ago - Business Wire

Novartis CEO 'very confident' on sales target, doesn't fear patent cliff - newspaper

Novartis expects to increase its annual sales by least 5% per year in the coming years, CEO Vas Narasimhan said in an interview on Saturday, with the pharmaceuticals giant having nothing to fear from ...

19 days ago - Reuters

Positive Outlook For Novartis As Company Capitalizes On Growing Treatment Opportunities, Analyst Highlights

On Tuesday, Novartis AG (NYSE: NVS) reported third-quarter sales of $12.823 billion, up 9% (+10% on constant currency), beating the consensus of $12.76 billion . Guidance: Novartis also raised its 20...

22 days ago - Benzinga

Positive Outlook For Novartis As Company Capitalizes On Growing Treatment Opportunities, Analyst Highlights

On Tuesday, Novartis AG NVS reported third-quarter sales of $12.823 billion, up 9% (+10% on constant currency), beating the consensus of $12.76 billion.

22 days ago - Benzinga

Novartis: It's Not Too Late To Buy This Dividend Stock Now

Novartis AG's revenue and core EPS topped analysts' expectations in Q3. Click here to read more on the analysis of NVS stock and why it is a Buy.

22 days ago - Seeking Alpha

Focus remains on R&D to drive growth of blockbuster drugs, says Novartis CEO

Vas Narasimhan, CEO at Novartis, discusses third-quarter results, and explains the strategy behind development of the company's most in-demand treatments.

22 days ago - CNBC International TV

Focus remains on R&D to drive growth of blockbuster drugs, says Novartis CEO

Vas Narasimhan, CEO at Novartis, discusses third-quarter results, and explains the strategy behind development of the company's most in-demand treatments.

22 days ago - CNBC

Novartis: Strong Financials, But Market Skepticism Persists Amid Pipeline Concerns

Novartis reported a strong Q3 2024 with 9% YoY sales growth, largely driven by its top four drugs. Pluvicto and Leqvio saw significant growth but investor disappointment stemmed from a revenue adjustm...

23 days ago - Seeking Alpha

Novartis Scemblix® FDA approved in newly diagnosed CML, offering superior efficacy, and favorable safety and tolerability profile

Ad hoc announcement pursuant to Art. 53 LR Scemblix, a new first-line option for adults with CML, is first to show superior efficacy and favorable safety and tolerability profile in a Phase III trial ...

23 days ago - GlobeNewsWire

Novartis AG (NVS) Q3 2024 Earnings Call Transcript

Novartis AG (NYSE:NVS) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Company Participants Sloan Simpson - Head of Investor Relations Vas Narasimhan - Chief Executive Officer Harry Kirs...

23 days ago - Seeking Alpha

Novartis CEO on the impact of the U.S. election for pharma

Novartis CEO Vas Narasimhan talks to CNBC about the company's latest results and the potential impact of the U.S. election on the business.

23 days ago - CNBC International TV

Novartis Posts Results Above Estimates, Raises Outlook

Novartis (NVS) on Tuesday posted third-quarter results that beat analysts' estimates and raised its full-year outlook, buoyed by strong sales of drugs like breast-cancer treatment Kisqali.

23 days ago - Investopedia

Novartis Lifts Guidance Again After Key Drugs Help Results

The pharmaceutical giant raised its full-year guidance for the third time this year after higher third-quarter profit and sales topped analysts' expectations, boosted by revenue from its key drugs.

23 days ago - WSJ

Novartis hikes FY forecast after Q3 profit beat

Novartis posts Q3 earnings with 10 per cent sales growth and 20 per cent core income growth. The drug maker has also hiked its FY guidance.

23 days ago - CNBC International TV

Novartis: we are exploring obesity drugs but other areas provide growth for years

Novartis said on Tuesday it was doing early research on next-generation obesity drugs that could be more tolerable or given at longer intervals but its current focus on other disease areas would provi...

23 days ago - Reuters

Novartis lifts 2024 guidance for 3rd time on wider use of its drugs

Swiss drugmaker Novartis raised its 2024 earnings guidance for the third time on Tuesday, driven by wider use of its prescription drugs.

23 days ago - Reuters

Novartis continues strong momentum in Q3 with 10% sales growth, 20% core operating income growth, and important innovation milestones; raises FY 2024 guidance

Ad hoc announcement pursuant to Art. 53 LR Q3 net sales grew +10% (cc 1 , +9% USD) with core operating income up +20% (cc, +17% USD) Sales growth driven by continued strong performance from Entresto (...

23 days ago - GlobeNewsWire