Novartis AG (SWX:NOVN)
Switzerland flag Switzerland · Delayed Price · Currency is CHF
125.90
-0.90 (-0.71%)
Jul 8, 2026, 5:31 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 123.91. The average 1-year stock price forecast is 1.58% lower than the current stock price, while the lowest is CHF 97.39 (-22.64%) and the highest is CHF 139.38 (+10.71%).

Price Target: CHF 123.91 (-1.58%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
PriceCHF 97.39CHF 123.91CHF 127.41CHF 139.38
Change-22.64%-1.58%+1.20%+10.71%

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

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy655555
Buy444444
Hold8910101010
Sell110000
Strong Sell333333
Total222222222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Deutsche Bank
Deutsche Bank
Buy
Maintains
CHF 140.00
BuyMaintainsCHF 140.00+11.20%Jul 7, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
CHF 140.00
BuyReiteratesCHF 140.00+11.20%Jul 1, 2026
Goldman Sachs
Goldman Sachs
Sell
Maintains
CHF 106.00CHF 111.00
SellMaintainsCHF 106.00CHF 111.00-11.83%Jun 30, 2026
Barclays
Barclays
Hold
Maintains
CHF 120.00
HoldMaintainsCHF 120.00-4.69%Jun 30, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
CHF 135.00
BuyMaintainsCHF 135.00+7.23%Jun 25, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
56.87B
from 56.67B
Increased by 0.35%
Revenue Next Year
60.32B
from 56.87B
Increased by 6.07%
EPS This Year
8.74
from 8.98
Decreased by -2.66%
EPS Next Year
9.73
from 8.74
Increased by 11.26%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
43.97B43.46B46.66B51.72B56.67B56.87B
Revenue Growth
-11.87%-1.17%7.36%10.85%9.57%0.35%
Gross Profit
32.58B31.88B34.19B38.91B43.05B45.10B
Gross Margin
74.10%73.35%73.27%75.22%75.97%79.31%
Operating Income
10.96B9.21B10.23B16.32B19.01B21.51B
Net Income
24.02B6.96B14.85B11.94B13.98B14.09B
EPS
----8.988.74
EPS Growth
----14.98%-2.66%
Forward PE
13.1514.4113.8611.7416.1317.82
Dividend / Share
3.403.463.923.864.674.40
Dividend Growth
-1.77%13.24%-1.44%20.81%-5.65%
Free Cash Flow
11.77B7.31B13.68B12.04B12.12B13.50B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High58.6B
Avg56.9B
Low55.4B

Revenue Growth

Revenue Growth202620272028
High
3.4%
Avg
0.3%
Low
-2.3%

EPS Forecast

EPS202620272028
High9.57
Avg8.74
Low8.33

EPS Growth

EPS Growth202620272028
High
6.6%
Avg
-2.7%
Low
-7.3%