NovoCure Limited (NVCR)
NASDAQ: NVCR · Real-Time Price · USD
22.09
+0.44 (2.03%)
Feb 21, 2025, 4:00 PM EST - Market closed

NovoCure Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for NovoCure stock have an average target of 33.4, with a low estimate of 17 and a high estimate of 42. The average target predicts an increase of 51.20% from the current stock price of 22.09.

Analyst Consensus: Buy
Target Low Average Median High
Price $17 $33.4 $38 $42
Change -23.04% +51.20% +72.02% +90.13%
* Price targets were last updated on Jan 14, 2025.

Analyst Ratings

The average analyst rating for NovoCure stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 011111
Buy 322333
Hold 322111
Sell 000000
Strong Sell 000000
Total 655555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$38
Strong Buy Reiterates $38 +72.02% Jan 14, 2025
Piper Sandler
Piper Sandler
Buy
Maintains
$28$42
Buy Maintains $28$42 +90.13% Dec 13, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$30$38
Strong Buy Maintains $30$38 +72.02% Dec 3, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$30$38
Strong Buy Reiterates $30$38 +72.02% Dec 2, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Upgrades
$18$30
Buy Upgrades $18$30 +35.81% Dec 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
611.04M
from 509.34M
Increased by 19.97%
Revenue Next Year
628.35M
from 611.04M
Increased by 2.83%
EPS This Year
-1.31
from -1.95
EPS Next Year
-1.63
from -1.31
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
351.32M494.37M535.03M537.84M509.34M611.04M628.35M692.15M
Revenue Growth
41.62%40.72%8.23%0.53%-5.30%19.97%2.83%10.15%
EPS
-0.070.18-0.56-0.88-1.95-1.31-1.63-1.61
EPS Growth
--------
Forward PE
--------
No. Analysts -----10109
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 635.6M 669.9M 762.1M
Avg 611.0M 628.4M 692.2M
Low 568.4M 582.1M 639.4M

Revenue Growth

Revenue Growth 202420252026202720282029
High
24.8%
9.6%
21.3%
Avg
20.0%
2.8%
10.2%
Low
11.6%
-4.7%
1.8%

EPS Forecast

EPS 202420252026202720282029
High -1.25 -0.97 -0.93
Avg -1.31 -1.63 -1.61
Low -1.36 -1.97 -2.43

EPS Growth

EPS Growth 202420252026202720282029
High - - -
Avg - - -
Low - - -
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.