Novartis AG (NVS)

Novartis AG Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Novartis AG stock have an average target of 123.67, with a low estimate of 120 and a high estimate of 130. The average target predicts an increase of 11.80% from the current stock price of 110.62.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$120	$123.67	$121	$130
Change	+8.48%	+11.80%	+9.38%	+17.52%

* Price targets were last updated on Oct 30, 2024.

Analyst Ratings

The average analyst rating for Novartis AG stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	6	5	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	5	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Weston UBS	UBS	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Feb 13, 2025
Hans Engel Erste Group	Erste Group	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Nov 19, 2024
Etzer Darout BMO Capital	BMO Capital	Hold Maintains $118 → $120	Hold	Maintains	$118 → $120	+8.48%	Oct 30, 2024
Graham Perry B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $135 → $130	Strong Buy → Hold	Downgrades	$135 → $130	+17.52%	Sep 11, 2024
James Quigley Goldman Sachs	Goldman Sachs	Strong Buy → Hold Downgrades $119 → $121	Strong Buy → Hold	Downgrades	$119 → $121	+9.38%	Sep 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

53.87B

Increased by 4.15%

from 51.72B

Revenue Next Year

54.96B

Increased by 2.02%

from 53.87B

EPS This Year

8.29

Increased by 41.28%

from 5.87

EPS Next Year

8.77

Increased by 5.73%

from 8.29

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	49.90B	43.97B	43.46B	46.66B	51.72B	53.87B	54.96B	55.92B
Revenue Growth	2.51%	-11.87%	-1.17%	7.36%	10.85%	4.15%	2.02%	1.76%
EPS	3.52	10.63	3.17	7.10	5.87	8.29	8.77	9.34
EPS Growth	-30.43%	202.06%	-70.16%	123.90%	-17.36%	41.28%	5.73%	6.55%
Forward PE	-	-	-	-	-	13.34	12.62	11.84
No. Analysts	-	-	-	-	-	26	24	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	57.4B	59.5B	60.0B
Avg	53.9B	55.0B	55.9B
Low	49.8B	48.8B	48.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	11.0%	10.4%	9.2%
Avg	4.2%	2.0%	1.8%
Low	-3.7%	-9.3%	-11.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	10.14	10.54	11.64
Avg	8.29	8.77	9.34
Low	5.63	6.34	7.00

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	72.7%	27.1%	32.7%
Avg	41.3%	5.7%	6.6%
Low	-4.2%	-23.5%	-20.2%

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.