

Audited annual filings, TTM ratios and consensus forward estimates
Wall Street price targets and rating actions
Revenue disaggregation per 10-K filing
Annual filings (FY) with consensus forward estimates (hatched)
Free float vs. closely held shares
13F institutional holdings are not available in the current data plan.
SEC Form 4 filings
Current price $151.12
Latest analyst grade actions
| Date | Firm | Action | Previous | New grade |
|---|---|---|---|---|
| Sep 10, 26 | HSBC |
| upgrade |
| Reduce |
| Hold |
| Mar 26, 26 | Morgan Stanley | maintain | Overweight | Overweight |
| Jan 6, 26 | Barclays | upgrade | Underweight | Equal Weight |
| Dec 8, 25 | JP Morgan | upgrade | Neutral | Overweight |
| Sep 12, 25 | Goldman Sachs | downgrade | Neutral | Sell |
| Feb 13, 25 | UBS | downgrade | Buy | Neutral |
| Nov 19, 24 | Erste Group | downgrade | Buy | Hold |
| Oct 30, 24 | BMO Capital | maintain | Market Perform | Market Perform |
| Sep 11, 24 | B of A Securities | downgrade | Buy | Neutral |
Stock news · updated daily
Novartis presents weaker-than-expected relapse data for multiple sclerosis drug remibrutinib
Novartis' breast cancer drug cuts risk of death by 19% after six years, data shows
Evaluate the expected performance of Novartis (NVS) for the quarter ended September 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
On October 27, Novartis will report its results for the third quarter. As a reminder, its Q2 revenue rose 10.6% quarter-over-quarter to $14.95 billion, primarily due to the strong performance of the oncology portfolio and Cosentyx. On September 18, 2026, the EMA's CHMP adopted a positive opinion recommending approval of Cosentyx for patients suffering from polymyalgia rheumatica.
Novartis ends mid-stage Fabhalta trial targeting serious kidney condition
NEW YORK, Oct. 15, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Novartis AG ("Novartis" or the "Company") (NYSE: NVS). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
NEW YORK, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Novartis AG (“Novartis” or the “Company”) (NYSE: NVS). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
Novartis wins FDA approval for Rhapsido in symptomatic dermographism, expanding its chronic hives opportunity as pipeline setbacks raise pressure for growth.
Reported EPS vs. consensus estimate
| Report date | EPS est. | EPS actual | Surprise | Revenue |
|---|---|---|---|---|
| Jul 21, 2026 | 2.17 | 2.41 | Beat 11.1% | $14.41B |
| Apr 28, 2026 | 2.11 | 1.99 | Miss -5.7% | $13.11B |
| Feb 4, 2026 | 1.99 | 2.03 | Beat 2.0% | $13.34B |
| Oct 28, 2025 | 2.26 | 2.25 | Miss -0.4% | $14.36B |
| Jul 17, 2025 | 2.38 | 2.42 | Beat 1.7% | $14.28B |
| Apr 29, 2025 | 2.12 | 2.28 | Beat 7.5% | $13.62B |
SEC EDGAR filings · last 12 months
| Form | Filed | Accepted | Document |
|---|---|---|---|
| 6-K | Sep 8, 2026 | 2026-09-08 06:05:04 | View |
| 6-K | Sep 4, 2026 | 2026-09-04 17:22:07 | View |
| 6-K | Sep 1, 2026 | 2026-09-01 06:21:05 | View |
| 6-K | Jul 21, 2026 | 2026-07-21 06:25:48 | View |
| 6-K | Jun 11, 2026 | 2026-06-11 07:58:11 | View |
| 6-K | Apr 28, 2026 | 2026-04-28 06:21:18 | View |
| 6-K | Mar 18, 2026 | 2026-03-18 16:23:38 | View |
| 424B5 | Mar 17, 2026 | 2026-03-17 16:40:53 | View |
| FWP | Mar 17, 2026 | 2026-03-16 19:23:19 | View |
| 424B5 | Mar 16, 2026 | 2026-03-16 08:16:48 | View |
Proxy statement (DEF 14A) disclosures
TTM vs. 5-year historical average (annual ratios)
| Metric | NVS | Historical (5Y) / ref | Status |
|---|---|---|---|
| P/E ratio (TTM) | 23.5x | 16.8x · sector 20.7x | In line |
| Forward P/E (FY26E) | 17.2x | EPS est. 8.80 | Discount |
| Price / Book | 7.1x | 4.1x | Elevated |
| Price / Sales | 5.4x | 4.3x | Elevated |
| EV / EBITDA | 15.2x | 11.2x | Elevated |
| Return on equity | 29.6% | — | Top tier |
| Gross margin | 74.3% | 74.0% | In line |
| Debt / Equity | 1.18 | 0.60 | Moderate |
| Piotroski / Altman Z | 6/9 | Z 3.55 | Safe zone |
Discounted cash flow model
1255 daily bars · split adjusted
FY2022 · 10-K disclosure
FY2022 · 10-K disclosure
Daily · Wilder smoothing
Classic floor pivots from 2026-10-23
Computed from daily OHLCV bars
| Indicator | Value | Type | Action |
|---|---|---|---|
| RSI (14) | 53.76 | Oscillator | Neutral |
| Stochastic %K (14, 3, 3) | 83.65 | Oscillator | Sell |
| Williams %R (14) | -43.09 | Oscillator | Neutral |
| MACD (12, 26, 9) | 1.92 (Hist 1.20) | Oscillator | Strong Buy |
| Average Directional Index (14) | 19.06 (+DI 36.3 / -DI 28.0) | Trend | Neutral |
| EMA 20 | 148.07 | MA | Buy |
| SMA 20 | 146.34 | MA | Buy |
| EMA 50 | 148.04 | MA | Buy |
| SMA 50 | 148.08 | MA | Buy |
| SMA 200 | 151.42 | MA | Sell |