Novartis AG (SWX:NOVN)
Switzerland flag Switzerland · Delayed Price · Currency is CHF
112.14
+0.48 (0.43%)
Sep 10, 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 124.26. The average 1-year stock price forecast is 10.81% higher than the current stock price, while the lowest is CHF 95.02 (-15.27%) and the highest is CHF 150.54 (+34.24%).

Price Target: CHF 124.26 (+10.81%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
PriceCHF 95.02CHF 124.26CHF 124.13CHF 150.54
Change-15.27%+10.81%+10.69%+34.24%

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
RBC Capital
RBC Capital
Hold
Downgrades
CHF 120.00
HoldDowngradesCHF 120.00+7.01%Sep 9, 2026
Deutsche Bank
Deutsche Bank
Sell
Maintains
CHF 140.00
SellMaintainsCHF 140.00+24.84%Sep 8, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 8, 2026
Unknown Analyst
Bank Vontobel
No rating
Bank Vontobel
Hold
Maintains
CHF 130.00CHF 128.00
HoldMaintainsCHF 130.00CHF 128.00+14.14%Sep 7, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
CHF 140.00CHF 150.00
BuyReiteratesCHF 140.00CHF 150.00+33.76%Sep 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
57.68B
from 56.67B
Increased by 1.77%
Revenue Next Year
61.37B
from 57.68B
Increased by 6.40%
EPS This Year
8.80
from 8.98
Decreased by -1.99%
EPS Next Year
9.83
from 8.80
Increased by 11.71%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
43.97B43.46B46.66B51.72B56.67B57.68B
Revenue Growth
-11.87%-1.17%7.36%10.85%9.57%1.77%
Gross Profit
32.58B31.88B34.19B38.91B43.05B46.51B
Gross Margin
74.10%73.35%73.27%75.22%75.97%80.64%
Operating Income
10.96B9.21B10.23B16.32B19.01B21.80B
Net Income
24.02B6.96B14.85B11.94B13.98B13.96B
EPS
----8.988.80
EPS Growth
----14.98%-1.99%
Forward PE
13.1514.4113.8611.7416.1315.68
Dividend / Share
3.403.463.923.864.674.37
Dividend Growth
0.29%1.77%13.24%-1.44%20.81%-6.33%
Free Cash Flow
11.77B7.31B13.68B12.04B12.12B15.39B
No. Analysts
-----20
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
High9.02
Avg8.80
Low8.30

EPS Growth

EPS Growth202620272028
High
0.5%
Avg
-2.0%
Low
-7.6%