Novartis

NVSNYSE
$106.78
0.340.32%
At Close: -
$106.78
00.00%
After Hours: 1:00 PM EDT
15 minutes delayed
Q2 2024 Earnings in 15 days from now on Thu Jul 18th, before the market open
Consensus Rating1
Neutral
Highest Price Target1
$122.50
Lowest Price Target1
$114.00
Consensus Price Target1
$44.06

Novartis (NYSE:NVS) Stock, Analyst Ratings, Price Targets, Predictions

Novartis AG has a consensus price target of $44.06, established from looking at the 9 latest analyst ratings. The last 3 analyst ratings were released from Jefferies, BMO Capital, and BMO Capital on July 2, 2024, April 24, 2024, and February 23, 2024. With an average price target of $117.5 between Jefferies, BMO Capital, and BMO Capital, there's an implied 10.04% upside for Novartis AG from these 3 analyst ratings.

Analyst Trends and Forecast
1
Jan
1
Feb
1
Apr
0
0
0
0
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.5
Strong Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Jefferies
BMO Capital
Morgan Stanley
Morgan Stanley
Wolfe Research

1calculated from analyst ratings

Analyst Ratings for Novartis

Buy NowGet Alert
07/02/2024Buy Now14.72%Jefferies
Peter Welford
$121 → $122.5MaintainsBuyGet Alert
04/24/2024Buy Now8.63%BMO Capital
Etzer Darout
$114 → $116MaintainsMarket PerformGet Alert
02/23/2024Buy Now6.76%BMO Capital
Etzer Darout
→ $114Initiates → Market PerformGet Alert
01/23/2024Buy Now6.76%Morgan Stanley
Mark Purcell
→ $114Initiates → Equal-WeightGet Alert
09/25/2023Buy NowMorgan Stanley
Vincent Meunier
UpgradeUnderweight → Equal-WeightGet Alert
05/09/2022Buy NowWolfe Research
Tim Anderson
DowngradeOutperform → Peer PerformGet Alert
12/06/2021Buy NowExane BNP Paribas
Richard Parkes
DowngradeOutperform → NeutralGet Alert
12/03/2021Buy NowBryan Garnier
Jeanjacques Le Fur
DowngradeBuy → NeutralGet Alert
09/20/2021Buy NowDeutsche Bank
Emmanuel Papadakis
DowngradeHold → SellGet Alert

FAQ

Q

What is the target price for Novartis (NVS) stock?

A

The latest price target for Novartis (NYSE:NVS) was reported by Jefferies on July 2, 2024. The analyst firm set a price target for $122.50 expecting NVS to rise to within 12 months (a possible 14.72% upside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Novartis (NVS)?

A

The latest analyst rating for Novartis (NYSE:NVS) was provided by Jefferies, and Novartis maintained their buy rating.

Q

When was the last upgrade for Novartis (NVS)?

A

The last upgrade for Novartis AG happened on September 25, 2023 when Morgan Stanley raised their price target to N/A. Morgan Stanley previously had an underweight for Novartis AG.

Q

When was the last downgrade for Novartis (NVS)?

A

The last downgrade for Novartis AG happened on May 9, 2022 when Wolfe Research changed their price target from N/A to N/A for Novartis AG.

Q

When is the next analyst rating going to be posted or updated for Novartis (NVS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Novartis, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Novartis was filed on July 2, 2024 so you should expect the next rating to be made available sometime around July 2, 2025.

Q

Is the Analyst Rating Novartis (NVS) correct?

A

While ratings are subjective and will change, the latest Novartis (NVS) rating was a maintained with a price target of $121.00 to $122.50. The current price Novartis (NVS) is trading at is $106.78, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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