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NovoCure (NVCR) Stock Forecast, Price Target & Predictions

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NVCR Stock Forecast

NovoCure (NVCR) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $30.00, with a high of $30.00 and a low of $30.00. This represents a 17.55% increase from the last price of $25.52.

$10 $14 $18 $22 $26 $30 High: $30 Avg: $30 Low: $30 Last Closed Price: $25.52

NVCR Stock Rating

NovoCure stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (50.00%), 3 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 6 0 3 3 Strong Sell Sell Hold Buy Strong Buy

NVCR Forecast vs Benchmarks

TypeNameUpside
StockNovoCure17.55%
SectorHealthcare Stocks 25.20%
IndustryMedical Instruments & Supplies Stocks19.92%

Price Target Trends

1M3M12M
# Anlaysts-18
Avg Price Target-$30.00$26.81
Last Closing Price$25.52$25.52$25.52
Upside/Downside-17.55%5.05%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25232--7
Dec, 24233--8
Nov, 24233--8
Oct, 24234--9
Sep, 24234--9
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 02, 2024Vijay KumarEvercore ISI$30.00$26.4313.51%17.55%
Oct 16, 2024Emily BodnarH.C. Wainwright$30.00$17.7868.73%17.55%
Jul 26, 2024Emily BodnarH.C. Wainwright$24.00$18.2631.43%-5.96%
May 03, 2024Emily BodnarH.C. Wainwright$22.00$14.1955.04%-13.79%
May 02, 2024Vijay KumarEvercore ISI$14.50$14.78-1.89%-43.18%
Apr 10, 2024Jason BednarPiper Sandler$28.00$14.8888.17%9.72%
Apr 03, 2024Larry BiegelsenWells Fargo$42.00$14.39191.87%64.58%
Mar 27, 2024H.C. Wainwright$24.00$14.6463.93%-5.96%
Jan 06, 2023J.P. Morgan$99.00$109.04-9.21%287.93%
Jan 06, 2023Wells Fargo$107.00$118.81-9.94%319.28%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 02, 2025Evercore ISIOutperformOutperformhold
Oct 31, 2024H.C. WainwrightBuyBuyhold
Oct 16, 2024H.C. WainwrightNeutralBuyupgrade
Jul 26, 2024H.C. WainwrightNeutralNeutralhold
Jul 02, 2024Piper SandlerNeutralNeutralhold
Jun 04, 2024Wells FargoNeutralNeutralhold
May 24, 2024Piper SandlerOverweightOverweighthold
May 03, 2024H.C. WainwrightNeutralNeutralhold
May 02, 2024Wells FargoBuyBuyhold
May 02, 2024Evercore ISINegativeNegativehold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$0.20$-0.56$-0.88$-1.95-----
Avg Forecast$0.26$-0.42$-0.82$-2.02$-1.30$-1.69$-1.73$-1.43$-0.96
High Forecast$0.26$-0.43$-0.85$-2.10$-1.39$-1.98$-2.66$-2.12$-0.99
Low Forecast$0.27$-0.40$-0.79$-1.96$-1.22$-1.43$-0.96$-1.08$-0.92
Surprise %-23.08%33.33%7.32%-3.47%-----

Revenue Forecast

$450M $560M $670M $780M $890M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$494.37M$535.03M$537.84M$509.34M-----
Avg Forecast$494.40M$535.00M$537.80M$509.30M$605.20M$612.96M$674.75M$797.12M$935.54M
High Forecast$484.14M$523.90M$518.23M$509.27M$605.15M$596.38M$672.80M$797.12M$906.20M
Low Forecast$507.17M$548.82M$551.17M$509.32M$605.25M$621.31M$676.70M$797.12M$958.57M
Surprise %-0.01%0.01%0.01%0.01%-----

Net Income Forecast

$-300M $-230M $-160M $-90M $-20M $50M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$19.81M$-58.35M$-92.53M$-207.04M-----
Avg Forecast$27.90M$-157.76M$-55.02M$-207.04M$-138.38M$-176.86M$-179.47M$-158.73M$-102.49M
High Forecast$27.15M$-189.31M$-66.03M$-248.45M$-147.40M$-210.65M$-283.49M$-225.55M$-105.77M
Low Forecast$28.83M$-126.20M$-44.02M$-165.63M$-129.37M$-151.96M$-101.74M$-114.90M$-98.31M
Surprise %-29.00%-63.01%68.17%------

NVCR Forecast FAQ

Is NovoCure stock a buy?

NovoCure stock has a consensus rating of Buy, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that NovoCure is a favorable investment for most analysts.

What is NovoCure's price target?

NovoCure's price target, set by 6 Wall Street analysts, averages $30 over the next 12 months. The price target range spans from $30 at the low end to $30 at the high end, suggesting a potential 17.55% change from the previous close price of $25.52.

How does NovoCure stock forecast compare to the average forecast of its sector, industry, and investment themes?

NovoCure stock forecast shows a 17.55% upside, underperforming the average forecast for the healthcare stocks sector (25.20%) and underperforming the medical instruments & supplies stocks industry (19.92%).

What is the breakdown of analyst ratings for NovoCure over the past three months?

  • January 2025: 28.57% Strong Buy, 42.86% Buy, 28.57% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 25.00% Strong Buy, 37.50% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 25.00% Strong Buy, 37.50% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.

What is NovoCure’s EPS forecast?

NovoCure's average annual EPS forecast for its fiscal year ending in December is -1.3 for 2024, a -33.33% decrease from the reported $-1.95 in 2023. The prediction for 2025 is $-1.69, $-1.73 for 2026, $-1.43 for 2027, and $-0.96 for 2028.

What is NovoCure’s revenue forecast?

NovoCure's average annual revenue forecast for its fiscal year ending in December is $605.2M for 2024, a 18.82% increase from the reported $509.34M in 2023. The forecast for 2025 is $612.96M, $674.75M for 2026, $797.12M for 2027, and $935.54M for 2028.

What is NovoCure’s net income forecast?

For its fiscal year ending in December, NovoCure's average annual net income forecast is $-138M for 2024, reflecting a -33.16% decrease from the reported $-207M in 2023. The projection for 2025 is $-177M, $-179M for 2026, $-159M for 2027, and $-102M for 2028.