Novartis AG

NVSNYSEHealthcareDrug Manufacturers - General

$156.86- (-)1Y +18.71%

As of Oct 27, 2026 close

Market cap: $300.23B
P/E (TTM): 23.53
Forward P/E: 25.24
Dividend yield: 3.05%
52-week range: $121.57$170.46
Volume (live): -
Avg. volume (3M): 1.96M

Novartis AG (NVS) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Novartis AG stock.

Analyst Consensus Rating

Investment consensus from 7 professional research analysts

Consensus Rating

Hold

Based on 7 unique analysts

(11 total ratings in last 90 days)

Medium Confidence∞:1 Buy/Sell

Average Price Target

$163.20

+4.04% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest NVS Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 22, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Hold	-
Oct 12, 2026	Sachin Jain	BofA Securities	Maintains	Buy	$180.82
Oct 9, 2026	Kinjel Shah	Zacks Equity Research	Initiates Coverage	Buy	-
Oct 6, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Hold	-
Oct 6, 2026	Thibault Boutherin	Morgan Stanley	Maintains	Buy	$170.00 → $156.00 −14.00 (−8.2%)
Oct 5, 2026	Sachin Jain	BofA Securities	Maintains	Buy	-
Sep 10, 2026	Rajesh Kumar	HSBC	Upgrades	Hold	$123.00 → $136.00 +13.00 (+10.6%)
Sep 9, 2026	Steve Scala	TD Cowen	Maintains	Hold	$180.00
Sep 7, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Hold	-
Sep 1, 2026	Edmund Ingham	Forbes	Initiates Coverage	Hold	-
Aug 27, 2026	Kinjel Shah	Zacks Equity Research	Initiates Coverage	Buy	-

Zacks Equity Research

HoldInitiates Coverage

Oct 22

Sachin Jain

BofA Securities

BuyMaintains

$180.82

Oct 12

Kinjel Shah

Zacks Equity Research

BuyInitiates Coverage

Oct 9

Zacks Equity Research

HoldInitiates Coverage

Oct 6

Thibault Boutherin

Morgan Stanley

BuyMaintains

$170.00 → $156.00

Oct 6

Sachin Jain

BofA Securities

BuyMaintains

Oct 5

Rajesh Kumar

HSBC

HoldUpgrades

$123.00 → $136.00

Sep 10

Steve Scala

TD Cowen

HoldMaintains

$180.00

Sep 9

Zacks Equity Research

HoldInitiates Coverage

Sep 7

Edmund Ingham

Forbes

HoldInitiates Coverage

Sep 1

Kinjel Shah

Zacks Equity Research

BuyInitiates Coverage

Aug 27

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 22, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for NVS?

The analyst consensus rating for NVS is Hold, based on the latest ratings from 7 analysts over the last 90 days.

What is the average price target for NVS?

The average 12-month price target for NVS is $163.20, representing an upside of 4.0% from the Oct 27, 2026 close of $156.86.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.