Novartis AG (NVS)
NYSE: NVS · Real-Time Price · USD
115.61
-0.82 (-0.70%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Novartis AG Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Novartis AG stock have an average target of 120.25, with a low estimate of 114 and a high estimate of 130. The average target predicts an increase of 4.01% from the current stock price of 115.61.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Novartis AG stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $135 → $130 | Strong Buy → Hold | Downgrades | $135 → $130 | +12.45% | Sep 11, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $119 → $121 | Strong Buy → Hold | Downgrades | $119 → $121 | +4.66% | Sep 5, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 3, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $121 → $123 | Strong Buy | Maintains | $121 → $123 | +5.96% | Jul 2, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $114 → $116 | Hold | Maintains | $114 → $116 | +0.34% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
50.79B
from 46.66B
Increased by 8.86%
Revenue Next Year
53.03B
from 50.79B
Increased by 4.41%
EPS This Year
7.62
from 7.10
Increased by 7.26%
EPS Next Year
8.25
from 7.62
Increased by 8.27%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.5B | 57.2B | 58.7B | ||
| Avg | 50.8B | 53.0B | 53.9B | ||
| Low | 48.0B | 48.6B | 48.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.6% | 12.7% | 10.6% | ||
| Avg | 8.9% | 4.4% | 1.6% | ||
| Low | 2.8% | -4.4% | -8.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.91 | 9.94 | 10.78 | ||
| Avg | 7.62 | 8.25 | 8.71 | ||
| Low | 6.97 | 5.76 | 7.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.4% | 30.4% | 30.7% | ||
| Avg | 7.3% | 8.3% | 5.6% | ||
| Low | -1.8% | -24.4% | -9.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.