Novartis AG (SWX:NOVN)
Switzerland flag Switzerland · Delayed Price · Currency is CHF
118.06
-1.90 (-1.58%)
Oct 1, 2026, 5:30 PM CET

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 127.05. The average 1-year stock price forecast is 7.61% higher than the current stock price, while the lowest is CHF 101.01 (-14.44%) and the highest is CHF 152.00 (+28.75%).

Price Target: CHF 127.05 (+7.61%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
PriceCHF 101.01CHF 127.05CHF 127.81CHF 152.00
Change-14.44%+7.61%+8.26%+28.75%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy555554
Buy444444
Hold1010109913
Sell000110
Strong Sell333332
Total222222222223

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Deutsche Bank
Deutsche Bank
Hold
Maintains
CHF 120.00
HoldMaintainsCHF 120.00+1.64%Sep 29, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
CHF 150.00
BuyMaintainsCHF 150.00+27.05%Sep 24, 2026
Goldman Sachs
Goldman Sachs
Sell
Maintains
CHF 113.00 → CHF 110.00
SellMaintainsCHF 113.00 → CHF 110.00-6.83%Sep 22, 2026
UBS
UBS
Hold
Maintains
n/a
HoldMaintainsn/an/aSep 18, 2026
RBC Capital
RBC Capital
Hold
Maintains
CHF 120.00
HoldMaintainsCHF 120.00+1.64%Sep 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
57.65B
from 56.67B
Increased by 1.72%
Revenue Next Year
61.41B
from 57.65B
Increased by 6.52%
EPS This Year
8.84
from 8.98
Decreased by -1.58%
EPS Next Year
9.83
from 8.84
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
43.97B43.46B46.66B51.72B56.67B57.65B
Revenue Growth
-11.87%-1.17%7.36%10.85%9.57%1.72%
Gross Profit
32.58B31.88B34.19B38.91B43.05B46.69B
Gross Margin
74.10%73.35%73.27%75.22%75.97%80.99%
Operating Income
10.96B9.21B10.23B16.32B19.01B21.81B
Net Income
24.02B6.96B14.85B11.94B13.98B14.21B
EPS
----8.988.84
EPS Growth
----14.98%-1.58%
Forward PE
13.1514.4113.8611.7416.1316.08
Dividend / Share
3.403.463.923.864.674.35
Dividend Growth
0.29%1.77%13.24%-1.44%20.81%-6.73%
Free Cash Flow
----17.60B15.54B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High59.9B
Avg57.7B
Low56.1B

Revenue Growth

Revenue Growth202620272028
High
5.7%
Avg
1.7%
Low
-1.0%

EPS Forecast

EPS202620272028
High9.07
Avg8.84
Low8.34

EPS Growth

EPS Growth202620272028
High
1.0%
Avg
-1.6%
Low
-7.1%