Novartis AG (SWX:NOVN)
Switzerland flag Switzerland · Delayed Price · Currency is CHF
121.00
+1.30 (1.09%)
Jun 17, 2026, 5:30 PM CET

Novartis AG Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, Novartis AG stock has a consensus rating of "Hold" and an average price target of CHF 123.43. The average 1-year stock price forecast is 2.01% higher than the current stock price, while the lowest is CHF 96.48 (-20.26%) and the highest is CHF 142.19 (+17.51%).

Price Target: CHF 123.43 (+2.01%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
PriceCHF 96.48CHF 123.43CHF 126.22CHF 142.19
Change-20.26%+2.01%+4.31%+17.51%

Analyst Ratings

The average analyst rating for Novartis AG stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy665555
Buy444444
Hold889101010
Sell011000
Strong Sell333333
Total212222222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Deutsche Bank
Deutsche Bank
Buy
Maintains
CHF 135.00
BuyMaintainsCHF 135.00+11.57%Jun 9, 2026
UBS
UBS
Hold
Maintains
CHF 116.00
HoldMaintainsCHF 116.00-4.13%Jun 8, 2026
Barclays
Barclays
Hold
Reiterates
CHF 120.00
HoldReiteratesCHF 120.00-0.83%Jun 8, 2026
Jefferies
Jefferies
Hold
Maintains
CHF 110.00
HoldMaintainsCHF 110.00-9.09%Jun 4, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
CHF 140.00
BuyReiteratesCHF 140.00+15.70%May 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
57.02B
from 56.67B
Increased by 0.61%
Revenue Next Year
60.42B
from 57.02B
Increased by 5.98%
EPS This Year
8.74
from 8.98
Decreased by -2.62%
EPS Next Year
9.72
from 8.74
Increased by 11.20%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
43.97B43.46B46.66B51.72B56.67B57.02B
Revenue Growth
-11.87%-1.17%7.36%10.85%9.57%0.61%
Gross Profit
32.58B31.88B34.19B38.91B43.05B44.88B
Gross Margin
74.10%73.35%73.27%75.22%75.97%78.70%
Operating Income
10.96B9.21B10.23B16.32B19.01B21.52B
Net Income
24.02B6.96B14.85B11.94B13.98B14.15B
EPS
----8.988.74
EPS Growth
----14.98%-2.62%
Forward PE
13.1514.4113.8611.7416.1317.28
Dividend / Share
3.403.463.923.864.674.48
Dividend Growth
-1.77%13.24%-1.44%20.81%-4.07%
Free Cash Flow
11.77B7.31B13.68B12.04B12.12B13.53B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High58.6B
Avg57.0B
Low55.4B

Revenue Growth

Revenue Growth202620272028
High
3.4%
Avg
0.6%
Low
-2.3%

EPS Forecast

EPS202620272028
High9.57
Avg8.74
Low8.28

EPS Growth

EPS Growth202620272028
High
6.6%
Avg
-2.6%
Low
-7.8%