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Novartis AG (NVS)
NYSE: NVS · Real-Time Price · USD
146.88
+4.47 (3.14%)
At close: Oct 14, 2026, 4:00 PM EDT
144.60
-2.28 (-1.55%)
After-hours: Oct 14, 2026, 7:58 PM EDT

Novartis AG Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Novartis AG stock has a consensus rating of "Hold" and an average price target of $154.65. The average 1-year stock price forecast is 5.29% higher than the current stock price, while the lowest is $130 (-11.49%) and the highest is $185 (+25.95%).

Price Target: $154.65 (+5.29%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$130$154.65$156$185
Change-11.49%+5.29%+6.21%+25.95%

Analyst Ratings

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

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy222222
Buy333333
Hold554466
Sell001100
Strong Sell222211
Total121212121212

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Maintains
$181
BuyMaintains$181+23.11%Oct 12, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$170 → $156
BuyMaintains$170 → $156+6.21%Oct 6, 2026
HSBC
HSBC
Hold
Upgrades
$123 → $136
HoldUpgrades$123 → $136-7.41%Sep 10, 2026
TD Cowen
TD Cowen
Hold
Maintains
$180
HoldMaintains$180+22.55%Sep 9, 2026
Berenberg Bank
Berenberg Bank
Hold
Maintains
$141 → $147
HoldMaintains$141 → $147+0.08%Jul 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
57.66B
from 56.67B
Increased by 1.73%
Revenue Next Year
61.34B
from 57.66B
Increased by 6.39%
EPS This Year
8.86
from 8.98
Decreased by -1.32%
EPS Next Year
9.84
from 8.86
Increased by 11.06%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
43.97B43.46B46.66B51.72B56.67B57.66B
Revenue Growth
-11.87%-1.17%7.36%10.85%9.57%1.73%
Gross Profit
32.58B31.88B34.19B38.91B43.05B46.86B
Gross Margin
74.10%73.35%73.27%75.22%75.97%81.28%
Operating Income
10.96B9.21B10.23B16.32B19.01B21.84B
Net Income
24.02B6.96B14.85B11.94B13.98B14.59B
EPS
----8.988.86
EPS Growth
----14.98%-1.32%
Forward PE
-----16.57
Dividend / Share
3.403.463.923.864.674.33
Dividend Growth
0.29%1.77%13.24%-1.44%20.81%-7.30%
Free Cash Flow
----17.60B16.17B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High59.9B
Avg57.7B
Low56.1B

Revenue Growth

Revenue Growth202620272028
High
5.7%
Avg
1.7%
Low
-1.0%

EPS Forecast

EPS202620272028
High9.07
Avg8.86
Low8.50

EPS Growth

EPS Growth202620272028
High
1.0%
Avg
-1.3%
Low
-5.4%