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 $153.87. The average 1-year stock price forecast is 2.02% higher than the current stock price, while the lowest is $123 (-18.45%) and the highest is $180 (+19.35%).

Price Target: $153.87 (+2.02%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$123	$153.87	$151.57	$180
Change	-18.45%	+2.02%	+0.50%	+19.35%

* Price targets were last updated on Mar 27, 2026.

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

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	1	1	1	2	2	2
Buy	2	2	2	2	3	3
Hold	5	5	5	5	5	5
Sell	1	1	1	0	0	0
Strong Sell	2	2	2	2	2	2
Total	11	11	11	11	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sachin Jain Bank of America Securities	Bank of America Securities	Buy Reiterates $178	Buy	Reiterates	$178	+18.31%	Mar 27, 2026
Thibault Boutherin Morgan Stanley	Morgan Stanley	Buy Maintains $143 → $170	Buy	Maintains	$143 → $170	+12.72%	Mar 26, 2026
Justin Smith Bernstein	Bernstein	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Mar 19, 2026
David Toung Argus Research	Argus Research	Buy Upgrades $180	Buy	Upgrades	$180	+19.35%	Mar 11, 2026
Kerry Holford Berenberg Bank	Berenberg Bank	Hold Reiterates $116 → $141	Hold	Reiterates	$116 → $141	-6.51%	Mar 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

58.23B

from 56.67B

2.75%

from 56.67B

Revenue Next Year

61.37B

from 58.23B

5.40%

from 58.23B

EPS This Year

9.47

from 7.15

32.39%

from 7.15

EPS Next Year

10.38

from 9.47

9.68%

from 9.47

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	43.97B	43.46B	46.66B	51.72B	56.67B	58.23B	61.37B
Revenue Growth	-11.87%	-1.17%	7.36%	10.85%	9.57%	2.75%	5.40%
EPS	10.63	3.17	7.10	5.87	7.15	9.47	10.38
EPS Growth	202.06%	-70.16%	123.90%	-17.36%	21.81%	32.39%	9.68%
Forward PE	-	-	-	-	-	15.93	14.53
No. Analysts	-	-	-	-	-	28	28

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

Revenue Forecast

Revenue	2026	2027
High	64.9B	67.4B
Avg	58.2B	61.4B
Low	53.8B	56.2B

Revenue Growth

Revenue Growth	2026	2027
High	14.5%	15.8%
Avg	2.7%	5.4%
Low	-5.1%	-3.4%

EPS Forecast

EPS	2026	2027
High	21.60	22.33
Avg	9.47	10.38
Low	7.39	7.88

EPS Growth

EPS Growth	2026	2027
High	202.1%	135.9%
Avg	32.4%	9.7%
Low	3.4%	-16.7%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.