NovoCure Limited (NVCR)
NASDAQ: NVCR · IEX Real-Time Price · USD
19.40
-1.94 (-9.09%)
At close: Jun 17, 2024, 4:00 PM
19.46
+0.06 (0.31%)
Pre-market: Jun 18, 2024, 7:03 AM EDT

NovoCure Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for NovoCure stock have an average target of 29.17, with a low estimate of 15 and a high estimate of 51. The average target predicts an increase of 50.36% from the current stock price of 19.40.

Analyst Consensus: Buy
Target Low Average Median High
Price $15 $29.17 $28 $51
Change -22.68% +50.36% +44.33% +162.89%

Analyst Ratings

The average analyst rating for NovoCure stock from 6 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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 232220
Buy 333333
Hold 324443
Sell 110000
Strong Sell 000000
Total 999996

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Hold
Reiterates
$22
Hold Reiterates $22 +13.40% Jun 4, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Hold
Maintains
$24$22
Hold Maintains $24$22 +13.40% May 2, 2024
Piper Sandler
Piper Sandler
Buy
Reiterates
$25$28
Buy Reiterates $25$28 +44.33% Apr 10, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$49$42
Buy Maintains $49$42 +116.49% Apr 3, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Hold
Maintains
$22$24
Hold Maintains $22$24 +23.71% Mar 27, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
565.21M
from 509.34M
Increased by 10.97%
Revenue Next Year
608.55M
from 565.21M
Increased by 7.67%
EPS This Year
-1.66
from -1.95
EPS Next Year
-1.76
from -1.66
Year 2019202020212022202320242025202620272028
Revenue
351.32M494.37M535.03M537.84M509.34M565.21M608.55M693.59M732.51M-
Revenue Growth
41.62%40.72%8.23%0.53%-5.30%10.97%7.67%13.97%5.61%-
EPS
-0.070.18-0.56-0.88-1.95-1.66-1.76-1.68-1.50-0.88
EPS Growth
----------
Forward PE
----------
No. Analysts -----99843
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 595.4M 647.3M 772.8M 832.8M
Avg 565.2M 608.6M 693.6M 732.5M
Low 532.0M 569.8M 599.0M 630.3M

Revenue Growth

Revenue Growth 2024202520262027
High
16.9%
14.5%
27.0%
20.1%
Avg
11.0%
7.7%
14.0%
5.6%
Low
4.5%
0.8%
-1.6%
-9.1%

EPS Forecast

EPS 20242025202620272028
High -1.46 -1.49 -1.39 -1.45 -0.90
Avg -1.66 -1.76 -1.68 -1.50 -0.88
Low -1.75 -1.99 -2.04 -1.53 -0.84

EPS Growth

EPS Growth 20242025202620272028
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.