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NASDAQ: NVCR
Novocure Ltd Stock Forecast, Predictions & Price Target

Analyst price target for NVCR

Based on 5 analysts offering 12 month price targets for Novocure Ltd.
Min Forecast
$15.00+26.8%
Avg Forecast
$25.20+113.02%
Max Forecast
$42.00+255.03%

Should I buy or sell NVCR stock?

Based on 5 analysts offering ratings for Novocure Ltd.
Buy
Strong Buy
2 analysts 40%
Buy
0 analysts 0%
Hold
3 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NVCR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-10
lockedlocked$00.00+00.00%2024-04-03
lockedlocked$00.00+00.00%2024-03-27
lockedlocked$00.00+00.00%2024-03-19
lockedlocked$00.00+00.00%2024-02-23

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Forecast return on equity

Is NVCR forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.81%

Forecast return on assets

Is NVCR forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

NVCR revenue forecast

What is NVCR's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$540.6M+6.13%
Avg 2 year Forecast
$582.2M+14.31%
Avg 3 year Forecast
$657.7M+29.14%
NVCR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NVCR revenue growth forecast

How is NVCR forecast to perform vs Medical Devices companies and vs the US market?
Company
8.52%
Industry
8.27%
Market
10.1%
NVCR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NVCR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NVCR vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
NVCR$11.83$25.20+113.02%Buy
AHCO$9.60$11.38+18.49%Buy
ESTA$48.27$55.83+15.67%Strong Buy
INMD$17.14$27.00+57.53%Buy
UFPT$213.08$255.00+19.67%Buy

Novocure Stock Forecast FAQ

Is Novocure Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: NVCR) stock is to Buy NVCR stock.

Out of 5 analysts, 2 (40%) are recommending NVCR as a Strong Buy, 0 (0%) are recommending NVCR as a Buy, 3 (60%) are recommending NVCR as a Hold, 0 (0%) are recommending NVCR as a Sell, and 0 (0%) are recommending NVCR as a Strong Sell.

If you're new to stock investing, here's how to buy Novocure stock.

What is NVCR's revenue growth forecast for 2024-2026?

(NASDAQ: NVCR) Novocure's forecast annual revenue growth rate of 8.52% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 8.27%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.1%.

Novocure's revenue in 2024 is $509,338,000.On average, 5 Wall Street analysts forecast NVCR's revenue for 2024 to be $57,892,567,471, with the lowest NVCR revenue forecast at $56,674,915,149, and the highest NVCR revenue forecast at $58,569,397,961. On average, 5 Wall Street analysts forecast NVCR's revenue for 2025 to be $62,353,437,287, with the lowest NVCR revenue forecast at $61,262,797,776, and the highest NVCR revenue forecast at $63,924,069,561.

In 2026, NVCR is forecast to generate $70,439,633,964 in revenue, with the lowest revenue forecast at $64,759,398,330 and the highest revenue forecast at $76,808,480,365.

What is NVCR's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: NVCR) forecast ROA is N/A, which is lower than the forecast US Medical Devices industry average of N/A.

What is NVCR's Price Target?

According to 5 Wall Street analysts that have issued a 1 year NVCR price target, the average NVCR price target is $25.20, with the highest NVCR stock price forecast at $42.00 and the lowest NVCR stock price forecast at $15.00.

On average, Wall Street analysts predict that Novocure's share price could reach $25.20 by Apr 10, 2025. The average Novocure stock price prediction forecasts a potential upside of 113.02% from the current NVCR share price of $11.83.

What is NVCR's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: NVCR) forecast ROE is N/A, which is considered weak.
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