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Novartis (NVS): analyst forecast and price target

$151 +0.16% close 16.10.26 · market cap $263B · Healthcare · Drug Manufacturers - General
Price targets and ratings of

Analyst consensus

Moderate Buy

2 Buy3 Hold0 Sell

Ratings of 5 analysts in the last 3 months · top analysts only

12-month forecast

$158+4.8% upside

Based on 5 price targets given in the last 3 months, the average target is $158, the highest $180, the lowest $136. The average is +4.8% from the last price of $151.

$120$140$160$180Jan 26AprJulOctJan 27AprJulOctHigh$180Average$158Low$136
Highest target $180 Average target $158 Lowest target $136
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Sachin Jain★★★★★★★★★★#5208 · hits 53% · avg +2.2% Bank of America Securities $185 Buy +22.8% Reiterated 12.10.26on TipRanks 07:30 +0.1%next day −1.0%
Thibault Boutherin★★★★★★★★★★#3632 · hits 62% · avg +7.0% Morgan Stanley $170 → $156−8.2% Buy +3.6% Reiterated 06.10.26on TipRanks 11:55 −0.6%next day +2.0% · 5 days +1.3%
Rajesh Kumar★★★★★★★★★★#1587 · hits 62% · avg +14.5% HSBC $123 → $136+10.6% Hold −9.7% Upgrade 10.09.26on TipRanks 05:00 +0.6%next day −1.1% · 5 days +1.9%
Steve Scala★★★★★★★★★★#1275 · hits 63% · avg +10.5% TD Cowen $180 Hold +19.5% Reiterated 08.09.26on TipRanks Sep 9 05:45 −13.4%next day +0.3% · 5 days +1.8%
Kerry Holford★★★★★★★★★★#2798 · hits 58% · avg +8.7% Berenberg Bank $141 → $147+4.3% Hold −2.4% Reiterated 27.07.26on TipRanks Jul 28 01:35 +0.7%next day +2.2% · 5 days −4.1%
Jasper Hellweg★★★★★★★★★★#2291 · hits 57% · avg +7.4% Argus Research $170 Buy +12.9% Reiterated 24.07.26on TipRanks Jul 29 06:19 −0.8%next day +0.7% · 5 days −0.4%
Unknown Analyst Goldman Sachs $140 → $139−0.7% Sell −7.7% Reiterated 22.07.26on TipRanks Jul 23 21:14 −0.4%next day +3.2% · 5 days +6.2%
Justin Smith★★★★★★★★★★#2325 · hits 60% · avg +9.0% Bernstein — Hold — Initiated 19.03.26on TipRanks 16:35 0.0%next day +0.4% · 5 days +3.7%
Emily Field★★★★★★★★★★#5009 · hits 45% · avg +1.9% Barclays — Hold — Upgrade 06.01.26on TipRanks 12:00 +2.6%next day +0.1% · 5 days −0.7%
Richard Vosser★★★★★★★★★★#4454 · hits 49% · avg +2.0% J.P. Morgan — Hold — Reiterated 20.11.25on TipRanks Nov 21 10:40 −0.8%next day +1.4% · 5 days +0.1%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Novartis

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Thibault Boutherin★★★★★★★★★★Morgan Stanley · #3632
Hits 62%42 of 68 Average return +7.0%
1 year Thibault Boutherin★★★★★★★★★★Morgan Stanley · #3632
Hits 62%42 of 68 Average return +7.0%
2 years Thibault Boutherin★★★★★★★★★★Morgan Stanley · #3632
Hits 62%42 of 68 Average return +7.0%

Most profitable

3 months Thibault Boutherin★★★★★★★★★★Morgan Stanley · #3632
Hits 62%42 of 68 Average return +7.0%
1 year Thibault Boutherin★★★★★★★★★★Morgan Stanley · #3632
Hits 62%42 of 68 Average return +7.0%
2 years Thibault Boutherin★★★★★★★★★★Morgan Stanley · #3632
Hits 62%42 of 68 Average return +7.0%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 05.10.26: target $154 at a price of $141 (+9.5%); now: $159 at $151 (+5.6%).

$140$150$160Sep 15Oct 1Oct 15Top analysts$158Average target$159Price$151

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

02462Oct 252Nov121Dec121Jan 26121Feb24Mar23Apr23May12Jun24Jul23Aug14Sep12Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy212211
Hold324342
Sell000000

Earnings and sales forecast

Next report: 27.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $2.26 (from $2.16 to $2.33). Last quarter: $2.41.

Sales

Next quarter’s sales estimate — $14.6B (from $14.3B to $15.1B). Last quarter: $14.4B.

Best top-analyst consensus in the sector · Healthcare

AXGNAxoGen
MDWDMediwound
OCULOcular Therapeutix
OVIDOvid Therapeutics
ZYMEZymeworks
About Novartis
  • CEO: Vasant Narasimhan
  • Employees: 75,267
  • Lichtstrasse 35, Basel, BS, 4056, CH
  • www.novartis.com

Novartis AG is a holding company, which engages in the business of developing, manufacturing, and marketing healthcare products. Its product portfolio is heavily focused on innovative prescription medicines, especially oncology, immunology, neuroscience, and cardiovascular diseases, supplemented by established older brands and a wide range of specialized therapies. The company was founded on February 29, 1996 and is headquartered in Basel, Switzerland.

Data from the stock’s TipRanks forecast page, read 120 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗