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NovoCure Ltd has a consensus price target of $64.91 based on the ratings of 12 analysts. The high is $200 issued by Loop Capital on February 8, 2022. The low is $17 issued by JP Morgan on March 19, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, HC Wainwright & Co., and Evercore ISI Group on July 26, 2024, July 26, 2024, and July 2, 2024, respectively. With an average price target of $28 between Wells Fargo, HC Wainwright & Co., and Evercore ISI Group, there's an implied 69.39% upside for NovoCure Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for NovoCure (NASDAQ:NVCR) was reported by Wells Fargo on July 26, 2024. The analyst firm set a price target for $40.00 expecting NVCR to rise to within 12 months (a possible 141.98% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for NovoCure (NASDAQ:NVCR) was provided by Wells Fargo, and NovoCure maintained their overweight rating.
The last upgrade for NovoCure Ltd happened on August 8, 2023 when Piper Sandler raised their price target to $45. Piper Sandler previously had a neutral for NovoCure Ltd.
The last downgrade for NovoCure Ltd happened on August 28, 2023 when HC Wainwright & Co. changed their price target from N/A to $25 for NovoCure Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NovoCure, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for NovoCure was filed on July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.
While ratings are subjective and will change, the latest NovoCure (NVCR) rating was a maintained with a price target of $42.00 to $40.00. The current price NovoCure (NVCR) is trading at is $16.53, which is out of the analyst’s predicted range.
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