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StockSwitzerlandNYSE

NVS

Novartis AG

Healthcare · Drug Manufacturers - General

137.48USD

-0.2200 (-0.16%)

DescriptionHistoricalFinancialsRelative ValueResearchNewsDiscussionOptionsPrice Chart ↗Fundamental Chart ↗

Estimates and surprises

Consensus EPS on the street’s adjusted basis, not the filed GAAP figure — which is why the actuals here can differ from the income statement.

PeriodConsensus EPS90 days agoRevisions up (30d)Revisions down (30d)
Current quarter$2.23▲$2.1610
Next quarter$2.1▼$2.3101
Current year$8.8▼$8.8451
Next year$9.81▼$9.9322

Recent quarters

Beat in 2 of the last 4

QuarterEstimateActualSurprise
2026-06-30$2.15$2.41+0.26 (+12.2%)
2026-03-31$2.07$1.99-0.08 (-3.7%)
2025-12-31$2$2.03+0.03 (+1.3%)
2025-09-30$2.31$2.25-0.06 (-2.6%)

Wall Street coverage

68 ratings from 24 firms

Ratings are attributed to the research firm, not to individual analysts. See every ticker.

FirmActionRatingPrice TargetDate
Morgan StanleyMaintainedOverweight$143 $170Mar 26, 2026
BarclaysUpgraded from UnderweightEqual-Weight—Jan 6, 2026
JP MorganUpgraded from NeutralOverweight—Dec 8, 2025
Goldman SachsDowngraded from NeutralSell$119 $118Sep 12, 2025
UBSDowngraded from BuyNeutral—Feb 13, 2025
Erste GroupDowngraded from BuyHold—Nov 19, 2024
BMO CapitalMaintainedMarket Perform$118 $120Oct 30, 2024
B of A SecuritiesDowngraded from BuyNeutral$135 $130Sep 11, 2024
Goldman SachsDowngraded from BuyNeutral$119 $121Sep 5, 2024
JefferiesDowngraded from BuyHold—Sep 3, 2024
JefferiesMaintainedBuy$121 $122.5Jul 2, 2024
BMO CapitalMaintainedMarket Perform$114 $116Apr 24, 2024
BMO CapitalInitiatedMarket Perform$114Feb 23, 2024
Morgan StanleyInitiatedEqual-Weight$114Jan 23, 2024
Morgan StanleyUpgraded from UnderweightEqual-Weight—Sep 25, 2023
Wolfe ResearchDowngraded from OutperformPeer Perform—May 9, 2022
Exane BNP ParibasDowngraded from OutperformNeutral—Dec 6, 2021
Bryan GarnierDowngraded from BuyNeutral—Dec 3, 2021
Deutsche BankDowngraded from HoldSell—Sep 20, 2021
Argus ResearchDowngraded from BuyHold—Mar 10, 2021
Cowen & Co.Downgraded from OutperformMarket Perform$110 $105Feb 1, 2021
Deutsche BankInitiatedBuy—Jan 15, 2021
Morgan StanleyUpgraded from Equal-WeightOverweight—Sep 1, 2020
GuggenheimDowngraded from BuyNeutral—Feb 25, 2020
GuggenheimUpgraded from NeutralBuy—Apr 25, 2019

Analyst Notes

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No analyst notes on NVS yet.

Analyst Ratings

11 analysts covering

PeriodStrong BuyBuyHoldSellStrong SellConsensus
Current32520Hold2.50
1 mo ago32421Hold2.67
2 mo ago32421Hold2.67
3 mo ago32520Hold2.50
Price target$156.92$123.00 – $185.00
+14.1% to target