Novartis AG (NVS)
NYSE: NVS · IEX Real-Time Price · USD
106.13
-1.09 (-1.02%)
At close: Jul 19, 2024, 4:00 PM
108.07
+1.94 (1.83%)
Pre-market: Jul 22, 2024, 7:29 AM EDT
Novartis AG Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Novartis AG stock have an average target of 117.5, with a low estimate of 114 and a high estimate of 122.5. The average target predicts an increase of 10.71% from the current stock price of 106.13.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Novartis AG stock from 4 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $121 → $123 | Strong Buy | Maintains | $121 → $123 | +15.42% | Jul 2, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $114 → $116 | Hold | Maintains | $114 → $116 | +9.30% | Apr 24, 2024 |
| BMO Capital | BMO Capital | Hold Initiates $114 | Hold | Initiates | $114 | +7.42% | Feb 23, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $114 | Hold | Initiates | $114 | +7.42% | Jan 23, 2024 |
| Morgan Stanley | Morgan Stanley | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Sep 25, 2023 |
Financial Forecast
Revenue This Year
50.15B
from 46.66B
Increased by 7.49%
Revenue Next Year
52.31B
from 50.15B
Increased by 4.29%
EPS This Year
7.35
from 7.10
Increased by 3.51%
EPS Next Year
8.08
from 7.35
Increased by 9.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.0B | 55.4B | 57.6B | 57.7B | 60.7B |
| Avg | 50.2B | 52.3B | 53.0B | 53.2B | 54.4B |
| Low | 46.6B | 47.8B | 47.6B | 47.8B | 48.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.5% | 10.4% | 10.1% | 8.9% | 14.1% |
| Avg | 7.5% | 4.3% | 1.3% | 0.3% | 2.3% |
| Low | -0.2% | -4.8% | -9.1% | -9.8% | -9.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.83 | 9.87 | 10.82 | 9.98 | 10.79 |
| Avg | 7.35 | 8.08 | 8.53 | 8.74 | 9.37 |
| Low | 5.18 | 5.76 | 7.20 | 7.53 | 8.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.4% | 34.2% | 33.9% | 17.0% | 23.4% |
| Avg | 3.5% | 10.0% | 5.5% | 2.6% | 7.2% |
| Low | -27.0% | -21.6% | -10.9% | -11.7% | -7.0% |
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.