Novartis AG (SWX:NOVN)
Switzerland flag Switzerland · Delayed Price · Currency is CHF
126.46
-0.66 (-0.52%)
Aug 20, 2026, 4:05 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 125.23. The average 1-year stock price forecast is 0.97% lower than the current stock price, while the lowest is CHF 95.24 (-24.69%) and the highest is CHF 142.02 (+12.30%).

Price Target: CHF 125.23 (-0.97%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
PriceCHF 95.24CHF 125.23CHF 127.72CHF 142.02
Change-24.69%-0.97%+1.00%+12.30%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy555555
Buy444444
Hold910101099
Sell100011
Strong Sell333333
Total222222222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
CHF 135.00
BuyMaintainsCHF 135.00+6.75%Aug 10, 2026
Citi
Citi
Buy
Maintains
n/a
BuyMaintainsn/an/aAug 7, 2026
TD Cowen
TD Cowen
Hold
Maintains
CHF 138.00
HoldMaintainsCHF 138.00+9.13%Jul 27, 2026
Berenberg Bank
Berenberg Bank
Hold
Maintains
CHF 110.00CHF 120.00
HoldMaintainsCHF 110.00CHF 120.00-5.11%Jul 27, 2026
DZ BANK AG
DZ BANK AG
Hold
Maintains
n/a
HoldMaintainsn/an/aJul 23, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
57.71B
from 56.67B
Increased by 1.82%
Revenue Next Year
61.25B
from 57.71B
Increased by 6.15%
EPS This Year
8.78
from 8.98
Decreased by -2.21%
EPS Next Year
9.82
from 8.78
Increased by 11.77%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
43.97B43.46B46.66B51.72B56.67B57.71B
Revenue Growth
-11.87%-1.17%7.36%10.85%9.57%1.82%
Gross Profit
32.58B31.88B34.19B38.91B43.05B46.40B
Gross Margin
74.10%73.35%73.27%75.22%75.97%80.41%
Operating Income
10.96B9.21B10.23B16.32B19.01B21.78B
Net Income
24.02B6.96B14.85B11.94B13.98B13.95B
EPS
----8.988.78
EPS Growth
----14.98%-2.21%
Forward PE
13.1514.4113.8611.7416.1318.02
Dividend / Share
3.403.463.923.864.674.37
Dividend Growth
0.29%1.77%13.24%-1.44%20.81%-6.40%
Free Cash Flow
11.77B7.31B13.68B12.04B12.12B15.39B
No. Analysts
-----19
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
1.8%
Low
-1.0%

EPS Forecast

EPS202620272028
High9.00
Avg8.78
Low8.30

EPS Growth

EPS Growth202620272028
High
0.3%
Avg
-2.2%
Low
-7.6%