NovoCure Limited (NVCR)

NASDAQ: NVCR · Real-Time Price · USD
16.86
+0.38 (2.31%)
Nov 20, 2024, 4:00 PM EST - Market closed
2.31%
Market Cap 1.82B
Revenue (ttm) 577.74M
Net Income (ttm) -149.78M
Shares Out 108.20M
EPS (ttm) -1.39
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 645,678
Open 16.26
Previous Close 16.48
Day's Range 16.22 - 17.35
52-Week Range 11.29 - 24.74
Beta 0.70
Analysts Buy
Price Target 26.60 (+57.77%)
Earnings Date Oct 30, 2024

About NVCR

NovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, Japan, Greater China, and internationally. The company’s TTFields devices include Optune Gio and Optune Lua. It also has ongoing clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer, and ovarian cancer. NovoCure Limited was incorporate... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Oct 2, 2015
Employees 1,453
Stock Exchange NASDAQ
Ticker Symbol NVCR
Full Company Profile

Financial Performance

In 2023, NovoCure's revenue was $509.34 million, a decrease of -5.30% compared to the previous year's $537.84 million. Losses were -$207.04 million, 123.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for NVCR stock is "Buy." The 12-month stock price forecast is $26.6, which is an increase of 57.77% from the latest price.

Price Target
$26.6
(57.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NovoCure Limited (NVCR) Q3 2024 Earnings Conference Call Transcript

NovoCure Limited (NASDAQ:NVCR) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Ingrid Goldberg - IR Bill Doyle - Chairman Ashley Cordova - CFO Asaf Danziger - CEO Fr...

21 days ago - Seeking Alpha

Novocure Appoints Christoph Brackmann as Chief Financial Officer

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure Appoints Christoph Brackmann as Chief Financial Officer.

21 days ago - Business Wire

Novocure Reports Third Quarter 2024 Financial Results

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure Reports Third Quarter 2024 Financial Results.

21 days ago - Business Wire

NovoCure: There Is Still More Upside

On October 15th, NovoCure Limited received FDA approval of its lung cancer treatment which resulted in positive price action. The lung cancer market will significanly increase Novocure's scale, on top...

5 weeks ago - Seeking Alpha

FDA Approves NovoCure's Portable Device Producing Tumor-Treating Electric Fields For Previously Treated Lung Cancer Patients

On Tuesday, the FDA approved NovoCure's NVCR Optune Lua for concurrent use with PD-1/PD-L1 inhibitors or docetaxel for adult patients with metastatic non-small cell lung cancer (mNSCLC) who have progr...

5 weeks ago - Benzinga

FDA Approves Novocure's Optune Lua® for the Treatment of Metastatic Non-Small Cell Lung Cancer

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure (NASDAQ: NVCR) announced today that the U.S. Food and Drug Administration (FDA) has approved Optune Lua® for concurrent use with PD-1/PD-L1 inhib...

5 weeks ago - Business Wire

Novocure to Report Third Quarter 2024 Financial Results

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure will report financial results for the third quarter 2024 on Wednesday, October 30, 2024, before the U.S. financial markets open.

7 weeks ago - Business Wire

Novocure Announces Planned CEO Transition

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure Announces Planned CEO Transition.

2 months ago - Business Wire

Novocure to Participate in 2024 Wells Fargo Healthcare Conference

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure to Participate in 2024 Wells Fargo Healthcare Conference.

3 months ago - Business Wire

Novocure Highlights TTFields Therapy in Treatment of Non-Small Cell Lung Cancer at 2024 World Conference on Lung Cancer

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure today announced its participation in the upcoming International Association for the Study of Lung Cancer 2024 World Conference on Lung Cancer.

3 months ago - Business Wire

Biotech stocks: Which drugmakers are worth a buy?

While the pharma space has seen growing excitement over weight-loss drugs from Eli Lilly (LLY) and Novo Nordisk's (NVO) latest earnings, investors are increasingly curious over the types of innovation...

Other symbols: ARGX
3 months ago - Yahoo Finance

NovoCure Limited: A Post Q2 Analysis

Today, we take a look at NovoCure Limited, which develops and manufactures tumor treating fields devices for solid tumor cancers. The company has beat expectations for both its first and second quarte...

4 months ago - Seeking Alpha

NovoCure Limited (NVCR) Q2 2024 Earnings Call Transcript

NovoCure Limited [NVCR] Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Bill Doyle - Executive Chairman Asaf Danziger - CEO Ashley Cordova - CFO Frank Leonard - EVP and ...

4 months ago - Seeking Alpha

Novocure Reports Second Quarter 2024 Financial Results

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure (NASDAQ: NVCR) today reported financial results for the quarter ended June 30, 2024.

4 months ago - Business Wire

Novocure to Report Second Quarter 2024 Financial Results

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure (NASDAQ: NVCR) announced today that it will report financial results for the second quarter 2024 on Thursday, July 25, 2024, before the U.S. fina...

5 months ago - Business Wire

METIS Phase 3 Clinical Trial Met Primary Endpoint Significantly Delaying Time to Intracranial Progression with Improved Quality of Life Deterioration-Free Survival

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure (NASDAQ: NVCR) today announced the presentation of clinical data from the phase 3 METIS trial, which investigated the use of Tumor Treating Field...

6 months ago - Business Wire

TIGER Study Reports New TTFields Therapy Survival Results for Newly Diagnosed Glioblastoma Patients in Germany

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure (NASDAQ: NVCR) today released topline efficacy and safety data from the TIGER study investigating the use of Tumor Treating Fields (TTFields) the...

6 months ago - Business Wire

Novocure Secures New $400 Million Multi-Tranche Non-Dilutive Debt Financing from Pharmakon

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure (NASDAQ: NVCR) announced today that it has entered into a new five-year up to $400 million committed senior secured credit facility with funds ma...

7 months ago - Business Wire

Novocure Reports First Quarter 2024 Financial Results

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure (NASDAQ: NVCR) today reported financial results for the quarter ended March 31, 2024. Novocure is a global oncology company working to extend sur...

7 months ago - Business Wire

Results of Novocure's METIS Phase 3 Clinical Trial for Patients with Brain Metastasis from Non-Small Cell Lung Cancer to be Presented as Late-Breaking Abstract at ASCO 2024

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure (NASDAQ: NVCR) today announced the results of the METIS phase 3 clinical trial in brain metastases from non-small cell lung cancer (NSCLC) will b...

7 months ago - Business Wire

Novocure Announces 20 Presentations On Tumor Treating Fields, Highlighting Preclinical Effects in Pancreatic Cancer and Immune Effects, at American Association for Cancer Research (AACR) Annual Meeting 2024

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure (NASDAQ: NVCR) today announced 20 presentations on Tumor Treating Fields (TTFields) therapy will be delivered at the American Association for Can...

8 months ago - Business Wire

Novocure to Report First Quarter 2024 Financial Results

ROOT, Switzerland--(BUSINESS WIRE)---- $NVCR--Novocure (NASDAQ: NVCR) announced today that it will report financial results for the first quarter 2024 on Thursday, May 2, 2024, before the U.S. financi...

8 months ago - Business Wire

Novocure's stock surges after positive results in brain-cancer trial

Novocure Ltd.'s stock soared 15% Wednesday after the company announced positive results from a late-stage trial of a medtech device to treat patients with lung cancer that has spread to their brains.

8 months ago - Market Watch

Zai Lab Partner Novocure Announces METIS Phase 3 Clinical Trial Met Primary Endpoint, Demonstrating a Statistically Significant Extension in Time to Intracranial Progression for Patients with Brain Metastases from Non-Small Cell Lung Cancer

SHANGHAI & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Zai Lab Limited (Nasdaq: ZLAB; HKEX: 9688) partner Novocure (NASDAQ: NVCR) today announced the phase 3 METIS clinical trial met its primary endpoint, demo...

Other symbols: ZLAB
8 months ago - Business Wire