Novartis AG (NVS)
NYSE: NVS · IEX Real-Time Price · USD
107.13
+0.18 (0.17%)
Jun 25, 2024, 1:55 PM EDT - Market open

Novartis AG Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Novartis AG stock have an average target of 115, with a low estimate of 114 and a high estimate of 116. The average target predicts an increase of 7.35% from the current stock price of 107.13.

Analyst Consensus: Hold
Target Low Average Median High
Price $114 $115 $116 $116
Change +6.41% +7.35% +8.28% +8.28%
* Price targets were last updated on Apr 24, 2024.

Analyst Ratings

The average analyst rating for Novartis AG stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 000000
Buy 000000
Hold 233333
Sell 000000
Strong Sell 000000
Total 233333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Hold
Maintains
$114$116
Hold Maintains $114$116 +8.28% Apr 24, 2024
BMO Capital
BMO Capital
Hold
Initiates
$114
Hold Initiates $114 +6.41% Feb 23, 2024
Morgan Stanley
Morgan Stanley
Hold
Initiates
$114
Hold Initiates $114 +6.41% Jan 23, 2024
Morgan Stanley
Morgan Stanley
Hold
Upgrades
n/a
Hold Upgrades n/a n/a Sep 25, 2023
Wolfe Research
Wolfe Research
Hold
Downgrades
n/a
Hold Downgrades n/a n/a May 9, 2022
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
48.68B49.90B43.97B43.46B46.66B50.15B52.31B53.00B53.18B54.41B
Revenue Growth
5.59%2.51%-11.87%-1.17%7.36%7.49%4.29%1.33%0.34%2.32%
EPS
5.063.5210.633.177.107.358.088.538.749.37
EPS Growth
-5.95%-30.43%201.99%-70.18%123.97%3.51%9.98%5.48%2.56%7.17%
Forward PE
-----14.5813.2512.5712.2511.43
No. Analysts -----282823118
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.