Overview
Novartis AG is a multinational pharmaceutical company based in Basel, Switzerland. It operates primarily in the healthcare industry, focusing on innovative patented medicines, generics, and eye care. Novartis is known for its extensive research and development capabilities, with key projects in oncology, neuroscience, and respiratory diseases, among others.
Basic Stats
The share price of Novartis AG - Depositary Receipt (Common Stock) as of September 5, 2025 is $129.73 / share. This is an increase of 2.51% from the prior week.
The Factor Analysis chart (below right) shows a view of Novartis AG - Depositary Receipt (Common Stock) from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | |
| EV | |
| Shares Out. | 1,935.85 MM |
| Earnings Date | |
| EPS (TTM) | 7.05 |
| Dividend Yield | 6.06 % |
| Ex-Dividend Date | 2025-03-12 |
| Borrow Rate | 0.25 |
| Short Shares Avail. | 0.30 MM |
| Short Interest | 3.97 MM |
| Short Float | |
| Days to Cover | 3.54 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 11.37 % |
| Volatility (1 yr) | 0.21 |
| Beta | 0.30 |
| Sharpe Ratio (1 yr) | 0.35 |
| Sortino Ratio (1 yr) | 0.55 |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.14 |
| ROE | 0.34 |
| ROIC | 0.18 |
| CROIC | -0.02 |
| OCROIC | 0.28 |
| Implied Volatility | 18.56 % |
| Put/Call OI Ratio | 1.29 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Novartis AG - Depositary Receipt (Common Stock) is $129.88. The forecasts range from a low of $100.45 to a high of $156.64. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Novartis AG - Depositary Receipt (Common Stock). An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-12-19 | STIFEL EUROPE | Buy | Buy | Maintains |
| 2023-12-18 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2023-12-14 | BERENBERG | Hold | Hold | Maintains |
| 2023-11-30 | LANDESBANK BADEN-WUERTTEMBERG | Buy | Buy | Maintains |
| 2023-11-29 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-11-28 | ODDO BHF | Buy | Buy | Maintains |
| 2023-11-27 | HSBC | Buy | Buy | Maintains |
| 2023-11-27 | BNP PARIBAS EXANE | Neutral | Neutral | Maintains |
| 2023-11-22 | ARGUS RESEARCH CORPORATION | Hold | Hold | Maintains |
| 2023-11-01 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2023-10-30 | DZ BANK | Buy | Buy | Maintains |
| 2023-08-30 | BERENBERG | Hold | Hold | Maintains |
| 2023-08-29 | BERENBERG | Hold | Hold | Maintains |
| 2023-08-28 | HSBC | Hold | Buy | Upgrade |
| 2023-08-27 | HSBC | Hold | Buy | Upgrade |
| 2023-08-17 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2023-08-16 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2023-08-10 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2023-08-09 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2023-07-24 | LANDESBANK BADEN-WUERTTEMBERG | Buy | Buy | Maintains |
| 2023-07-23 | LANDESBANK BADEN-WUERTTEMBERG | Buy | Buy | Maintains |
| 2023-07-21 | ODDO BHF | Buy | Buy | Maintains |
| 2023-07-20 | ODDO BHF | Buy | Buy | Maintains |
| 2023-07-20 | DZ BANK | Buy | Buy | Maintains |
| 2023-07-19 | DZ BANK | Buy | Buy | Maintains |
| 2023-07-19 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-07-19 | BNP PARIBAS EXANE | Neutral | Neutral | Maintains |
| 2023-07-18 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-07-18 | BNP PARIBAS EXANE | Neutral | Neutral | Maintains |
| 2023-07-18 | STIFEL EUROPE | Buy | Buy | Maintains |
| 2023-07-18 | ARGUS RESEARCH CORPORATION | Hold | Hold | Maintains |
| 2023-07-17 | STIFEL EUROPE | Buy | Buy | Maintains |
| 2023-07-17 | ARGUS RESEARCH CORPORATION | Hold | Hold | Maintains |
| 2023-06-06 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-06-05 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-06-05 | ODDO BHF | Buy | Buy | Maintains |
| 2023-06-05 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2023-06-04 | ODDO BHF | Buy | Buy | Maintains |
| 2023-06-04 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2023-06-01 | REDBURN LIMITED | Buy | Neutral | Downgrade |
| 2023-05-31 | REDBURN LIMITED | Buy | Neutral | Downgrade |
| 2023-05-29 | DAY BY DAY | Buy | Buy | Maintains |
| 2023-05-28 | DAY BY DAY | Buy | Buy | Maintains |
| 2023-05-24 | BNP PARIBAS EXANE | Outperform | Neutral | Downgrade |
| 2023-05-23 | BNP PARIBAS EXANE | Outperform | Neutral | Downgrade |
| 2023-05-12 | BERENBERG | Buy | Hold | Downgrade |
| 2023-05-11 | BERENBERG | Buy | Hold | Downgrade |
| 2023-04-26 | LANDESBANK BADEN-WUERTTEMBERG | Buy | Buy | Maintains |
| 2023-04-26 | CREDIT SUISSE - EUROPE | Neutral | Underperform | Downgrade |
| 2023-04-26 | DZ BANK | Buy | Buy | Maintains |
| 2023-04-25 | LANDESBANK BADEN-WUERTTEMBERG | Buy | Buy | Maintains |
| 2023-04-25 | CREDIT SUISSE - EUROPE | Neutral | Underperform | Downgrade |
| 2023-04-25 | DZ BANK | Buy | Buy | Maintains |
| 2023-04-25 | STIFEL EUROPE | Hold | Buy | Upgrade |
| 2023-04-24 | STIFEL EUROPE | Hold | Buy | Upgrade |
| 2023-04-14 | CREDIT SUISSE - EUROPE | Neutral | Underperform | Downgrade |
| 2023-04-06 | BNP PARIBAS EXANE | Outperform | Neutral | Downgrade |
| 2023-03-30 | ODDO BHF | Buy | Buy | Maintains |
| 2023-03-27 | STIFEL EUROPE | Hold | Buy | Upgrade |
| 2023-03-27 | BERENBERG | Buy | Hold | Downgrade |
| 2023-03-27 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2023-03-27 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-03-20 | REDBURN LIMITED | Buy | Neutral | Downgrade |
| 2023-02-20 | DAY BY DAY | Buy | Buy | Maintains |
| 2023-02-19 | DAY BY DAY | Buy | Buy | Maintains |
| 2023-02-15 | ARGUS RESEARCH CORPORATION | Buy | Hold | Downgrade |
| 2023-02-15 | ARGUS RESEARCH CORPORATION | Hold | Hold | Maintains |
| 2023-02-14 | ARGUS RESEARCH CORPORATION | Hold | Hold | Maintains |
| 2023-02-14 | BAPTISTA RESEARCH | Hold | Hold | Maintains |
| 2023-02-13 | BAPTISTA RESEARCH | Hold | Hold | Maintains |
| 2023-02-07 | LANDESBANK BADEN-WUERTTEMBERG | Buy | Buy | Maintains |
| 2023-02-03 | DZ BANK | Buy | Buy | Maintains |
| 2022-12-22 | BRYAN GARNIER | Buy | Neutral | Downgrade |
| 2022-12-21 | BRYAN GARNIER | Buy | Neutral | Downgrade |
| 2022-11-17 | STIFEL EUROPE | Hold | Hold | Maintains |
| 2022-11-16 | STIFEL EUROPE | Hold | Hold | Maintains |
| 2022-09-23 | ODDO BHF | Buy | Buy | Maintains |
| 2022-09-22 | ODDO BHF | Buy | Buy | Maintains |
| 2022-09-12 | DAY BY DAY | Hold | Buy | Upgrade |
| 2022-09-11 | DAY BY DAY | Hold | Buy | Upgrade |
| 2022-08-15 | CREDIT SUISSE - EUROPE | Neutral | Neutral | Maintains |
| 2022-08-14 | CREDIT SUISSE - EUROPE | Neutral | Neutral | Maintains |
| 2022-08-12 | BERENBERG | Buy | Buy | Maintains |
| 2022-08-11 | BERENBERG | Buy | Buy | Maintains |
| 2022-05-02 | LIBERUM | Buy | Hold | Downgrade |
| 2022-05-01 | LIBERUM | Buy | Hold | Downgrade |
| 2022-04-26 | WOLFE RESEARCH | Outperform | Outperform | Maintains |
| 2022-04-25 | WOLFE RESEARCH | Outperform | Outperform | Maintains |
| 2022-03-28 | DAY BY DAY | Buy | Hold | Downgrade |
| 2022-03-27 | DAY BY DAY | Buy | Hold | Downgrade |
| 2022-02-28 | DAY BY DAY | Sell | Buy | Upgrade |
| 2022-02-27 | DAY BY DAY | Sell | Buy | Upgrade |
| 2022-02-22 | HSBC | Hold | Hold | Maintains |
| 2022-02-21 | HSBC | Hold | Hold | Maintains |
| 2021-12-13 | DAY BY DAY | Hold | Sell | Downgrade |
| 2021-12-12 | DAY BY DAY | Hold | Sell | Downgrade |
| 2021-11-29 | REDBURN LIMITED | Buy | Buy | Maintains |
| 2021-11-28 | REDBURN LIMITED | Buy | Buy | Maintains |
| 2021-11-24 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2021-11-23 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2021-10-26 | CREDIT SUISSE - EUROPE | Neutral | Neutral | Maintains |
| 2021-10-25 | CREDIT SUISSE - EUROPE | Neutral | Neutral | Maintains |
| 2021-10-25 | BRYAN GARNIER | Buy | Buy | Maintains |
| 2021-10-24 | BRYAN GARNIER | Buy | Buy | Maintains |
| 2021-10-01 | DAY BY DAY | Buy | Hold | Downgrade |
| 2021-09-30 | DAY BY DAY | Buy | Hold | Downgrade |
| 2021-09-06 | DAY BY DAY | Buy | Buy | Maintains |
| 2021-09-05 | DAY BY DAY | Buy | Buy | Maintains |
| 2021-05-03 | LIBERUM | Buy | Buy | Maintains |
| 2021-05-02 | LIBERUM | Buy | Buy | Maintains |
| 2021-01-15 | Deutsche Bank | Buy | Initiate | |
| 2020-12-16 | MIRABAUD SECURITIES | Buy | Buy | Maintains |
| 2020-12-15 | MIRABAUD SECURITIES | Buy | Buy | Maintains |
| 2020-12-07 | ARGUS RESEARCH CORPORATION | Buy | Buy | Maintains |
| 2020-09-01 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2020-02-25 | Guggenheim Securities | Buy | Neutral | Downgrade |
| 2019-04-25 | Guggenheim | Neutral | Buy | Upgrade |
| 2019-04-10 | Morgan Stanley | Equal-Weight | Underweight | Downgrade |
| 2018-11-26 | Cowen & Co. | Market Perform | Outperform | Upgrade |
| 2018-11-19 | Goldman Sachs | Neutral | Conviction Buy | Upgrade |
| 2018-09-11 | Citigroup | Neutral | Buy | Upgrade |
| 2018-09-10 | Bank of America | Underperform | Buy | Upgrade |
| 2018-07-19 | Barclays | Underweight | Equal-Weight | Upgrade |
| 2018-05-29 | HSBC | Buy | Hold | Downgrade |
| 2018-05-25 | Credit Suisse | Underperform | Neutral | Upgrade |
| 2018-01-25 | Leerink Swann | Market Perform | Market Perform | Maintains |
| 2017-10-25 | Barclays | Equal-Weight | Underweight | Downgrade |
| 2017-10-23 | Leerink Swann | Market Perform | Maintains | |
| 2017-07-26 | Morgan Stanley | Underweight | Overweight | Upgrade |
| 2017-07-05 | Credit Suisse | Neutral | Underperform | Downgrade |
| 2017-04-05 | Cowen & Co. | Outperform | Market Perform | Downgrade |
| 2017-01-03 | JP Morgan | Overweight | Neutral | Downgrade |
| 2016-11-10 | Argus | Hold | Buy | Upgrade |
| 2016-09-20 | Chardan Capital | Buy | Initiate | |
| 2016-04-12 | Morgan Stanley | Equal-Weight | Underperform | Downgrade |
| 2016-04-05 | Argus | Hold | Initiate | |
| 2016-04-05 | Argus Research | Hold | Initiate | |
| 2016-04-01 | UBS | Buy | Neutral | Downgrade |
| 2016-03-29 | Citigroup | Buy | Neutral | Downgrade |
| 2016-03-23 | Leerink Swann | Outperform | Market Perform | Downgrade |
| 2015-07-27 | Leerink Swann | Outperform | Maintains | |
| 2015-06-22 | Bryan Garnier | Neutral | Buy | Upgrade |
| 2015-03-04 | Natixis | Neutral | Buy | Upgrade |
| 2015-01-05 | Cowen & Co. | Market Perform | Outperform | Upgrade |
| 2014-12-02 | Morgan Stanley | Underweight | Equal-Weight | Upgrade |
| 2014-05-02 | Jefferies | Hold | Buy | Upgrade |
| 2014-04-24 | Natixis | Buy | Neutral | Downgrade |
| 2014-03-13 | Morgan Stanley | Underweight | Initiate | |
| 2014-01-09 | UBS | Buy | Initiate | |
| 2014-01-09 | Jefferies | Buy | Hold | Downgrade |
| 2013-11-25 | Natixis | Neutral | Buy | Upgrade |
| 2013-10-08 | MainFirst | Underperform | Initiate | |
| 2013-10-08 | JP Morgan | Overweight | Neutral | Downgrade |
| 2013-09-16 | Barclays | Equal-Weight | Underweight | Downgrade |
| 2013-04-08 | Bank of America | Underperform | Neutral | Upgrade |
| 2013-03-15 | JP Morgan | Neutral | Overweight | Upgrade |
| 2013-01-23 | Citigroup | Neutral | Buy | Upgrade |
| 2013-01-16 | Hamburger Sparkasse | Buy | Hold | Downgrade |
| 2012-12-12 | Deutsche Bank | Buy | Hold | Downgrade |
| 2024-08-07 | TD COWEN | Hold | Hold | Maintains |
| 2024-07-31 | REDBURN ATLANTIC | Neutral | Sell | Downgrade |
| 2024-07-28 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2024-07-24 | CHINA MERCHANTS SECURITIES CO., LTD | Buy | Buy | Maintains |
| 2024-07-23 | BNP PARIBAS EXANE | Neutral | Neutral | Maintains |
| 2024-07-22 | BERENBERG | Hold | Hold | Maintains |
| 2024-07-21 | LANDESBANK BADEN-WUERTTEMBERG | Buy | Buy | Maintains |
| 2024-07-21 | ARGUS RESEARCH CORPORATION | Hold | Hold | Maintains |
| 2024-07-21 | DZ BANK | Buy | Buy | Maintains |
| 2024-07-17 | STIFEL EUROPE | Buy | Buy | Maintains |
| 2024-07-17 | ODDO BHF | Buy | Buy | Maintains |
| 2024-06-10 | DAY BY DAY | Buy | Buy | Maintains |
| 2024-05-26 | HSBC | Buy | Hold | Downgrade |
| 2024-03-03 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2024-01-30 | ODDO BHF | Buy | Buy | Maintains |
| 2023-12-18 | STIFEL EUROPE | Buy | Buy | Maintains |
| 2023-12-17 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2023-12-13 | BERENBERG | Hold | Hold | Maintains |
| 2023-11-29 | LANDESBANK BADEN-WUERTTEMBERG | Buy | Buy | Maintains |
| 2023-11-28 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-11-27 | ODDO BHF | Buy | Buy | Maintains |
| 2023-11-26 | HSBC | Buy | Buy | Maintains |
| 2023-11-26 | BNP PARIBAS EXANE | Neutral | Neutral | Maintains |
| 2023-11-21 | ARGUS RESEARCH CORPORATION | Hold | Hold | Maintains |
| 2023-10-31 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2023-10-29 | DZ BANK | Buy | Buy | Maintains |
| 2024-11-19 | Erste Group | Buy | Hold | Downgrade |
| 2025-02-13 | UBS | Buy | Neutral | Downgrade |
| 2025-01-06 | BERENBERG | Hold | Hold | Maintains |
| 2025-01-05 | BNP PARIBAS EXANE | Neutral | Neutral | Maintains |
| 2025-01-05 | DAY BY DAY | Buy | Buy | Maintains |
| 2024-12-16 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2024-12-10 | TD COWEN | Hold | Hold | Maintains |
| 2024-11-24 | STIFEL EUROPE | Buy | Hold | Downgrade |
| 2024-11-24 | HSBC | Hold | Hold | Maintains |
| 2024-11-21 | ODDO BHF | Buy | Buy | Maintains |
| 2024-11-03 | REDBURN ATLANTIC | Sell | Sell | Maintains |
| 2024-10-29 | CHINA MERCHANTS SECURITIES CO., LTD | Buy | Buy | Maintains |
| 2024-10-29 | ARGUS RESEARCH CORPORATION | Hold | Hold | Maintains |
| 2024-10-29 | DZ BANK | Buy | Buy | Maintains |
| 2025-04-07 | BERENBERG | Hold | Hold | Maintains |
| 2025-04-06 | TD COWEN | Hold | Hold | Maintains |
| 2025-04-06 | ARGUS RESEARCH CORPORATION | Hold | Hold | Maintains |
| 2025-03-23 | DAY BY DAY | Buy | Buy | Maintains |
| 2025-03-21 | REDBURN ATLANTIC | Sell | Sell | Maintains |
| 2025-03-17 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2025-03-04 | CHINA MERCHANTS SECURITIES CO., LTD | Buy | Buy | Maintains |
| 2025-03-02 | STIFEL EUROPE | Hold | Hold | Maintains |
| 2025-02-18 | JEFFERIES | Hold | Hold | Maintains |
| 2025-02-05 | LANDESBANK BADEN-WUERTTEMBERG | Buy | Hold | Downgrade |
| 2025-02-03 | DZ BANK | Buy | Buy | Maintains |
| 2025-01-30 | ODDO BHF | Buy | Buy | Maintains |
| 2025-01-23 | INTESA SANPAOLO EQUITY RESEARCH | Buy | Buy | Maintains |
| 2025-07-16 | JEFFERIES | Hold | Hold | Maintains |
| 2025-07-16 | TD COWEN | Hold | Hold | Maintains |
| 2025-07-16 | GUGGENHEIM SECURITIES LLC | Neutral | Neutral | Maintains |
| 2025-07-10 | ARGUS RESEARCH CORPORATION | Hold | Hold | Maintains |
| 2025-07-08 | BERENBERG | Hold | Hold | Maintains |
| 2025-07-03 | ROTHSCHILD & CO REDBURN | Sell | Sell | Maintains |
| 2025-06-08 | DAY BY DAY | Buy | Hold | Downgrade |
| 2025-05-04 | DZ BANK | Buy | Buy | Maintains |
| 2025-04-29 | LANDESBANK BADEN-WUERTTEMBERG | Hold | Hold | Maintains |
