Novartis AG (NVS)
NYSE: NVS · Real-Time Price · USD
156.15
-2.29 (-1.45%)
At close: Jul 31, 2026, 4:00 PM EDT
156.60
+0.45 (0.29%)
After-hours: Jul 31, 2026, 7:57 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 $155.37. The average 1-year stock price forecast is 0.50% lower than the current stock price, while the lowest is $123 (-21.23%) and the highest is $180 (+15.27%).

Price Target: $155.37 (-0.50%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$123$155.37$153.57$180
Change-21.23%-0.50%-1.65%+15.27%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy122222
Buy223333
Hold555554
Sell100001
Strong Sell222222
Total111112121212

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Berenberg Bank
Berenberg Bank
Hold
Maintains
$141$147
HoldMaintains$141$147-5.86%Jul 28, 2026
TD Cowen
TD Cowen
Hold
Maintains
$180
HoldMaintains$180+15.27%Jul 27, 2026
Unknown Analyst
Goldman Sachs
No rating
Goldman Sachs
Sell
Maintains
$140$139
SellMaintains$140$139-10.98%Jul 22, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
n/a
BuyMaintainsn/an/aJul 22, 2026
Argus Research
Argus Research
Buy
Reiterates
$160
BuyReiterates$160+2.47%Jun 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
57.55B
from 56.67B
Increased by 1.55%
Revenue Next Year
61.09B
from 57.55B
Increased by 6.16%
EPS This Year
8.78
from 8.98
Decreased by -2.27%
EPS Next Year
9.81
from 8.78
Increased by 11.78%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
43.97B43.46B46.66B51.72B56.67B57.55B
Revenue Growth
-11.87%-1.17%7.36%10.85%9.57%1.55%
Gross Profit
32.58B31.88B34.19B38.91B43.05B46.40B
Gross Margin
74.10%73.35%73.27%75.22%75.97%80.62%
Operating Income
10.96B9.21B10.23B16.32B19.01B21.79B
Net Income
24.02B6.96B14.85B11.94B13.98B13.94B
EPS
----8.988.78
EPS Growth
----14.98%-2.27%
Forward PE
-----17.79
Dividend / Share
3.403.463.923.864.674.37
Dividend Growth
-1.77%13.24%-1.44%20.81%-6.30%
Free Cash Flow
11.77B7.31B13.68B12.04B12.12B14.49B
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High58.8B
Avg57.6B
Low56.1B

Revenue Growth

Revenue Growth202620272028
High
3.8%
Avg
1.5%
Low
-1.0%

EPS Forecast

EPS202620272028
High9.00
Avg8.78
Low8.30

EPS Growth

EPS Growth202620272028
High
0.3%
Avg
-2.3%
Low
-7.6%