Novartis AG (SWX:NOVN)
127.12
+0.24 (0.19%)
Oct 22, 2026, 9:31 AM CEST
Novartis AG Stock Forecast
Stock Price Forecast
According to 23 analysts polled by S&P Global, Novartis AG stock has a consensus rating of "Hold" and an average price target of CHF 123.72. The average 1-year stock price forecast is 2.67% lower than the current stock price, while the lowest is CHF 99.76 (-21.52%) and the highest is CHF 148.77 (+17.03%).
Price Target: CHF 123.72 (-2.67%)
Analyst Consensus: Hold
Price Target
ChartAnalyst 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
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 10 | 10 | 9 | 9 | 13 | 13 |
| Sell | 0 | 0 | 1 | 1 | 0 | 0 |
| Strong Sell | 3 | 3 | 3 | 3 | 2 | 2 |
| Total | 22 | 22 | 22 | 22 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains CHF 120.00 | Hold | Maintains | CHF 120.00 | -5.60% | Oct 21, 2026 |
| UBS | UBS | Hold Maintains CHF 116.00 | Hold | Maintains | CHF 116.00 | -8.75% | Oct 20, 2026 |
| Barclays | Barclays | Hold Maintains CHF 130.00 | Hold | Maintains | CHF 130.00 | +2.27% | Oct 13, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Maintains CHF 150.00 | Buy | Maintains | CHF 150.00 | +18.00% | Oct 12, 2026 |
| Citi | Citi | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Oct 7, 2026 |
Financial Forecast
Revenue This Year
57.66B
from 56.67B
Increased by 1.73%
Revenue Next Year
61.34B
from 57.66B
Increased by 6.39%
EPS This Year
8.85
from 8.98
Decreased by -1.46%
EPS Next Year
9.84
from 8.85
Increased by 11.18%
EPS and Forward PE are based on non-GAAP adjusted numbers.