NovoCure (NVCR) Stock Forecast, Price Target & Predictions


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NVCR Stock Forecast


NovoCure stock forecast is as follows: an average price target of $67.92 (represents a 276.91% upside from NVCR’s last price of $18.02) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.

NVCR Price Target


The average price target for NovoCure (NVCR) is $67.92 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $200.00 to $14.50. This represents a potential 276.91% upside from NVCR's last price of $18.02.

NVCR Analyst Ratings


Hold

According to 6 Wall Street analysts, NovoCure's rating consensus is 'Hold'. The analyst rating breakdown for NVCR stock is 0 'Strong Buy' (0.00%), 1 'Buy' (16.67%), 4 'Hold' (66.67%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).

NovoCure Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 26, 2024Emily BodnarH.C. Wainwright$24.00$18.2531.47%33.19%
May 03, 2024Emily BodnarH.C. Wainwright$22.00$14.1955.04%22.09%
May 02, 2024Vijay KumarEvercore ISI$14.50$14.78-1.89%-19.53%
Apr 10, 2024Jason BednarPiper Sandler$28.00$14.8888.17%55.38%
Apr 03, 2024Larry BiegelsenWells Fargo$42.00$14.39191.87%133.07%
Mar 27, 2024-H.C. Wainwright$24.00$14.6463.93%33.19%
Jan 06, 2023-J.P. Morgan$99.00$109.04-9.21%449.39%
Jan 06, 2023-Wells Fargo$107.00$118.81-9.94%493.78%
Jan 05, 2023Emily BodnarH.C. Wainwright$140.00$107.4430.31%676.91%
Nov 29, 2022-Wells Fargo$89.00$70.0627.03%393.90%
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The latest NovoCure stock forecast, released on Jul 26, 2024 by Emily Bodnar from H.C. Wainwright, set a price target of $24.00, which represents a 31.47% increase from the stock price at the time of the forecast ($18.25), and a 33.19% increase from NVCR last price ($18.02).

NovoCure Price Target by Period


1M3M12M
# Anlaysts-16
Avg Price Target-$24.00$25.75
Last Closing Price$18.02$18.02$18.02
Upside/Downside-100.00%33.19%42.90%

In the current month, the average price target of NovoCure stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NovoCure's last price of $18.02. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jul 26, 2024H.C. WainwrightNeutralNeutralHold
Jul 02, 2024Piper SandlerNeutralNeutralHold
Jul 02, 2024H.C. WainwrightUnderperformUnderperformHold
Jun 04, 2024Wells FargoNeutralNeutralHold
May 24, 2024Piper SandlerOverweightOverweightHold
May 03, 2024H.C. WainwrightNeutralNeutralHold
May 02, 2024Wells FargoBuyBuyHold
May 02, 2024Evercore ISINegativeNegativeHold
Apr 03, 2024Wells FargoOverweightOverweightHold
Mar 27, 2024H.C. WainwrightBuyBuyHold
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NovoCure's last stock rating was published by H.C. Wainwright on Jul 26, 2024. The company gave NVCR a "Neutral" rating, the same as its previous rate.

NovoCure Financial Forecast


NovoCure Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Revenue---------$127.32M$126.05M$122.18M$128.43M$131.00M-$137.55M$133.21M$133.61M$133.52M$134.69M$143.95M$132.66M$115.92M$101.83M$99.23M$92.06M$86.71M$73.31M$69.67M$64.76M
Avg Forecast$156.75M$154.31M$153.66M$150.57M$147.69M$143.86M$135.83M$131.44M$133.80M$128.75M$124.25M$127.77M$128.40M$130.61M$134.97M$134.08M$133.00M$141.27M$141.50M$138.70M$144.00M$119.51M$105.70M$101.92M$99.20M$86.94M$78.98M$72.74M$53.28M$74.72M
High Forecast$161.28M$158.76M$158.10M$154.91M$151.95M$147.84M$139.75M$135.23M$133.85M$137.79M$127.84M$131.45M$132.10M$134.38M$134.97M$136.65M$135.55M$143.98M$144.22M$141.37M$146.77M$121.80M$107.73M$103.87M$101.11M$88.61M$80.50M$74.13M$63.94M$89.66M
Low Forecast$151.97M$149.60M$148.97M$145.97M$143.18M$139.31M$131.68M$127.43M$133.75M$123.39M$120.46M$123.87M$124.48M$126.62M$134.97M$132.04M$130.97M$139.12M$139.35M$136.59M$141.81M$117.69M$104.09M$100.37M$97.69M$85.61M$77.78M$71.63M$42.62M$59.77M
# Analysts44443631263344223335555544441015
Surprise %---------0.99%1.01%0.96%1.00%1.00%-1.03%1.00%0.95%0.94%0.97%1.00%1.11%1.10%1.00%1.00%1.06%1.10%1.01%1.31%0.87%

NovoCure's average Quarter revenue forecast for Dec 23 based on 2 analysts is $133.80M, with a low forecast of $133.75M, and a high forecast of $133.85M. NVCR's average Quarter revenue forecast represents a 5.09% increase compared to the company's last Quarter revenue of $127.32M (Sep 23).

NovoCure EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts44443631263344223335555544441015
EBITDA---------$-55.44M$-62.66M$-60.25M$-42.98M$-21.95M-$1.80M$-22.91M$-7.80M$-10.76M$-364.00K$11.30M$13.23M$6.65M$-3.92M$875.00K$3.23M$2.09M$-6.56M$-8.62M$-5.33M
Avg Forecast$-16.84M$-16.58M$-16.51M$-16.18M$-15.87M$-15.46M$-14.59M$-2.66M$-14.38M$-13.83M$-13.35M$-2.41M$-13.80M$-6.37M$-14.50M$-2.58M$-12.60M$-5.79M$-87.12M$-1.31M$16.95M$13.23M$-11.36M$-4.32M$962.50K$6.98M$3.49M$-7.03M$-5.97M$-6.04M
High Forecast$-16.33M$-16.07M$-16.01M$-15.68M$-15.38M$-14.97M$-14.15M$-2.12M$-14.37M$-13.26M$-12.94M$-1.93M$-13.38M$-5.10M$-14.50M$-2.07M$-10.08M$-4.64M$-69.69M$-1.05M$20.34M$15.87M$-11.18M$-3.45M$1.16M$8.38M$4.19M$-5.62M$-4.77M$-4.83M
Low Forecast$-17.33M$-17.06M$-16.99M$-16.65M$-16.33M$-15.89M$-15.02M$-3.19M$-14.38M$-14.81M$-13.74M$-2.90M$-14.19M$-7.65M$-14.50M$-3.10M$-15.12M$-6.95M$-104.54M$-1.57M$13.56M$10.58M$-11.58M$-5.18M$770.00K$5.58M$2.79M$-8.43M$-7.16M$-7.25M
Surprise %---------4.01%4.69%24.95%3.12%3.44%--0.70%1.82%1.35%0.12%0.28%0.67%1.00%-0.59%0.91%0.91%0.46%0.60%0.93%1.44%0.88%

2 analysts predict NVCR's average Quarter EBITDA for Jul 22 to be $-14.50M, with a high of $-14.50M and a low of $-14.50M. This is -903.89% lower than NovoCure's previous annual EBITDA (Mar 22) of $1.80M.

NovoCure Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts44443631263344223335555544441015
Net Income---------$-49.48M$-57.42M$-53.06M$-37.30M$-26.58M-$-4.65M$-26.46M$-13.12M$-14.64M$-4.13M$4.92M$9.28M$1.66M$3.95M$4.26M$1.93M$-1.27M$-12.15M$-15.63M$-11.69M
Avg Forecast$-37.16M$-37.16M$-36.08M$-36.08M$-39.23M$-35.85M$-43.39M$-7.65M$-56.16M$-56.54M$-53.85M$-6.95M$-32.58M$-10.73M$-15.55M$-7.44M$-14.55M$-9.75M$-118.59M$-14.86M$7.38M$9.28M$-401.19K$4.35M$4.69M$4.17M$-2.12M$-13.02M$-10.82M$-13.25M
High Forecast$-35.68M$-35.68M$-34.65M$-34.65M$-37.68M$-30.58M$-41.67M$-6.12M$-49.80M$-46.76M$-51.71M$-5.56M$-31.29M$-8.58M$-15.55M$-5.95M$-11.64M$-7.80M$-94.87M$-11.89M$8.85M$11.14M$-393.25K$5.22M$5.62M$5.00M$-1.70M$-10.41M$-8.66M$-10.60M
Low Forecast$-38.55M$-38.55M$-37.43M$-37.43M$-40.71M$-40.07M$-45.02M$-9.18M$-64.63M$-61.98M$-55.87M$-8.34M$-33.80M$-12.87M$-15.55M$-8.92M$-17.46M$-11.70M$-142.31M$-17.83M$5.90M$7.43M$-411.20K$3.48M$3.75M$3.34M$-2.55M$-15.62M$-12.99M$-15.90M
Surprise %---------0.88%1.07%7.63%1.14%2.48%-0.63%1.82%1.35%0.12%0.28%0.67%1.00%-4.13%0.91%0.91%0.46%0.60%0.93%1.44%0.88%

NovoCure's average Quarter net income forecast for Mar 21 is $-14.86M, with a range of $-17.83M to $-11.89M. NVCR's average Quarter net income forecast represents a -402.23% decrease compared to the company's last Quarter net income of $4.92M (Dec 20).

NovoCure SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts44443631263344223335555544441015
SG&A---------$99.85M$99.27M$93.11M$87.70M$73.90M-$68.39M$69.99M$63.81M$66.90M$62.48M$59.72M$56.42M$53.87M$55.44M$50.55M$46.54M$44.96M$42.57M$40.28M$37.98M
Avg Forecast$88.11M$86.74M$86.38M$84.64M$83.02M$80.86M$76.35M$112.55M$75.21M$72.37M$69.84M$102.31M$72.18M$52.15M$75.87M$109.43M$38.50M$47.41M$79.54M$77.97M$89.58M$56.42M$59.41M$60.99M$55.61M$48.87M$75.14M$45.61M$27.88M$43.04M
High Forecast$90.66M$89.24M$88.87M$87.08M$85.41M$83.10M$78.55M$135.06M$75.24M$77.45M$71.86M$122.78M$74.26M$62.58M$75.87M$131.31M$46.20M$56.89M$81.07M$79.46M$107.50M$67.71M$60.55M$73.18M$66.73M$49.81M$90.17M$54.73M$33.46M$51.65M
Low Forecast$85.43M$84.09M$83.74M$82.05M$80.48M$78.31M$74.02M$90.04M$75.18M$69.36M$67.71M$81.85M$69.97M$41.72M$75.87M$87.54M$30.80M$37.93M$78.33M$76.78M$71.67M$45.14M$58.51M$48.79M$44.49M$48.12M$60.11M$36.49M$22.31M$34.43M
Surprise %---------1.38%1.42%0.91%1.22%1.42%-0.63%1.82%1.35%0.84%0.80%0.67%1.00%0.91%0.91%0.91%0.95%0.60%0.93%1.44%0.88%

NovoCure's average Quarter SG&A projection for Dec 23 is $75.21M, based on 2 Wall Street analysts, with a range of $75.18M to $75.24M. The forecast indicates a -24.68% fall compared to NVCR last annual SG&A of $99.85M (Sep 23).

NovoCure EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts44443631263344223335555544441015
EPS---------$-0.46$-0.54$-0.50$-0.36$-0.25-$-0.04$-0.25$-0.13$-0.14$-0.04$0.05$0.09$0.02$0.04$0.04$0.02$-0.01$-0.13$-0.17$-0.13
Avg Forecast$-0.34$-0.34$-0.34$-0.34$-0.36$-0.33$-0.40$-0.42$-0.52$-0.53$-0.50$-0.32$-0.30$-0.26$-0.14$-0.18$-0.10$-0.07$0.01$0.01$0.13$0.04$-0.00$0.03$0.02$-0.04$-0.07$-0.14$-0.09$-0.17
High Forecast$-0.33$-0.33$-0.32$-0.32$-0.35$-0.28$-0.39$-0.40$-0.46$-0.43$-0.48$-0.31$-0.29$-0.25$-0.14$-0.18$-0.10$-0.07$0.01$0.02$0.13$0.04$-0.00$0.04$0.02$-0.04$-0.07$-0.14$-0.07$-0.14
Low Forecast$-0.36$-0.36$-0.35$-0.35$-0.38$-0.37$-0.42$-0.44$-0.60$-0.58$-0.52$-0.33$-0.31$-0.27$-0.14$-0.19$-0.11$-0.08$0.01$0.01$0.12$0.04$-0.00$0.03$0.02$-0.05$-0.07$-0.15$-0.11$-0.20
Surprise %---------0.88%1.08%1.55%1.19%0.96%-0.24%2.44%1.76%-15.98%-2.67%0.40%2.31%-5.33%1.17%2.55%-0.45%0.14%0.91%1.89%0.76%

According to 5 Wall Street analysts, NovoCure's projected average Quarter EPS for Mar 21 is $0.01, with a low estimate of $0.01 and a high estimate of $0.02. This represents a -70.00% decrease compared to NVCR previous annual EPS of $0.05 (Dec 20).

NovoCure Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NVCRNovoCure$18.02$67.92276.91%Hold
IRTCiRhythm$71.51$144.20101.65%Buy
INMDInMode$17.37$31.4080.77%Hold
NARIInari Medical$44.10$70.3359.48%Buy
MASIMasimo$115.01$158.4037.73%Buy
LIVNLivaNova$51.00$70.2037.65%Buy
CNMDCONMED$74.80$101.0035.03%Buy
PENPenumbra$187.06$220.8018.04%Hold
PODDInsulet$235.54$272.2715.59%Buy
INSPInspire Medical Systems$206.70$237.8015.05%Buy
GMEDGlobus Medical$69.34$79.5414.71%Buy
ITGRInteger$126.12$131.003.87%Buy
TMDXTransMedics Group$156.08$156.860.50%Buy
SWAVShockWave Medical$334.75$258.17-22.88%Hold

NVCR Forecast FAQ


No, according to 6 Wall Street analysts, NovoCure (NVCR) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 16.67% of NVCR's total ratings.

NovoCure (NVCR) average price target is $67.92 with a range of $14.5 to $200, implying a 276.91% from its last price of $18.02. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for NVCR stock, the company can go up by 276.91% (from the last price of $18.02 to the average price target of $67.92), up by 1009.88% based on the highest stock price target, and down by -19.53% based on the lowest stock price target.

NVCR's average twelve months analyst stock price target of $67.92 supports the claim that NovoCure can reach $30 in the near future.

NovoCure's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $558.81M (high $574.77M, low $541.61M), average EBITDA is $-48.577M (high $-46.628M, low $-50.415M), average net income is $-126M (high $-116M, low $-135M), average SG&A $352.78M (high $382.12M, low $322.85M), and average EPS is $-1.52 (high $-1.424, low $-1.604). NVCR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $615.29M (high $633.04M, low $596.51M), average EBITDA is $-66.113M (high $-64.095M, low $-68.02M), average net income is $-146M (high $-141M, low $-152M), average SG&A $345.86M (high $355.84M, low $335.31M), and average EPS is $-1.36 (high $-1.306, low $-1.411).

Based on NovoCure's last annual report (Dec 2022), the company's revenue was $537.84M, beating the average analysts forecast of $528.05M by 1.85%. Apple's EBITDA was $-89.523M, beating the average prediction of $-37.255M by 140.30%. The company's net income was $-92.534M, beating the average estimation of $-66.294M by 39.58%. Apple's SG&A was $306.41M, missing the average forecast of $309.62M by -1.04%. Lastly, the company's EPS was $-0.88, missing the average prediction of $-0.894 by -1.56%. In terms of the last quarterly report (Sep 2023), NovoCure's revenue was $127.32M, missing the average analysts' forecast of $128.75M by -1.11%. The company's EBITDA was $-55.442M, beating the average prediction of $-13.834M by 300.76%. NovoCure's net income was $-49.485M, missing the average estimation of $-56.543M by -12.48%. The company's SG&A was $99.85M, beating the average forecast of $72.37M by 37.97%. Lastly, the company's EPS was $-0.46, missing the average prediction of $-0.525 by -12.38%